60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing Involving the Claims and Conveyance Process, Property Inspection/Preservation, 8200-8201 [2017-01550]

Download as PDF 8200 Federal Register / Vol. 82, No. 14 / Tuesday, January 24, 2017 / Notices Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: Please see table below. Information collection Number of respondents * Response frequency (average) A B C Total ** responses Burden hours per response Total annual hours D E Hourly rate *** Burden cost per instrument F HOME Investment Partnerships program ..... Community Development Block Grant program (State and Entitlement) .................... Housing Opportunities for Persons with AIDS program ............................................ Emergency Solutions Grants program & Continuum of Care .................................... 25,350 1 25,350 .10 2,535 $21.73 $55,085.55 2430 1 2430 .10 243 21.73 5,280.39 100 1 100 .10 10 21.73 217.30 6,750 1 6,750 .10 675 21.73 14,667.75 Total ....................................................... 34,630 ........................ 34,630 ........................ 3,463 ........................ 75,250.99 B. Solicitation of Public Comment This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) The accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) Ways to minimize the burden of the collection of information on those who are to respond; including through the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. HUD encourages interested parties to submit comment in response to these questions. C. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: January 13, 2017. Anna P. Guido, Department Reports Management Officer, Office of the Chief Information Officer. [FR Doc. 2017–01556 Filed 1–23–17; 8:45 am] sradovich on DSK3GMQ082PROD with NOTICES BILLING CODE 4210–67–P VerDate Sep<11>2014 19:36 Jan 23, 2017 Jkt 241001 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–6001–N–02] 60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing Involving the Claims and Conveyance Process, Property Inspection/Preservation Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment. SUMMARY: DATES: Comments Due Date: March 27, 2017. Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW., Room 4176, Washington, DC 20410–5000; telephone 202–402–3400 (this is not a toll-free number) or email at Colette.Pollard@hud.gov for a copy of the proposed forms or other available information. Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. FOR FURTHER INFORMATION CONTACT: Ivery W. Himes, Director, Office of Single Family Asset Management, Department of Housing and Urban Development, 451 7th Street SW., ADDRESSES: PO 00000 Frm 00027 Fmt 4703 Sfmt 4703 Washington, DC 20410; email Ivery W. Himes at Ivery.W.Himes@hud.gov or telephone 202–708–1672, option 3. This is not a toll-free number. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877–8339. Copies of available documents submitted to OMB may be obtained from Ms. Himes. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. A. Overview of Information Collection Title of Information Collection: FHAInsured Mortgage Loan Servicing Involving the Claims and Conveyance Process, Property Inspection/ Preservation. OMB Approval Number: 2502–0429. Type of Request: Revision of currently approved collection. Form Numbers: HUD–27011, HUD– 50002, HUD–50012, HUD–9519a, HUD– 9539. Description of the need for the information and proposed use: This information collection consists of the claims and conveyance process involving mortgage loan servicers; mortgagees, who service Federal Housing Administration ‘‘FHA’’ insured mortgage loans and the mortgagors, who are the homeowners. Respondents (i.e. affected public): Servicers of FHA-insured mortgages. Estimated Number of Respondents: 357. Estimated Number of Responses: 1,198,168. Frequency of Response: Monthly. Average Hours per Response: 30 minutes. Total Estimated Burdens: 1,086,582. B. Solicitation of Public Comment This notice is soliciting comments from members of the public and affected E:\FR\FM\24JAN1.SGM 24JAN1 Federal Register / Vol. 82, No. 14 / Tuesday, January 24, 2017 / Notices parties concerning the collection of information described in Section A on the following: (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) The accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) Ways to minimize the burden of the collection of information on those who are to respond; including through the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. HUD encourages interested parties to submit comment in response to these questions. C. Authority Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: January 17, 2017. Janet M. Golrick, Associate General Deputy Assistant Secretary for Housing Associate Deputy Federal Housing Commissioner. [FR Doc. 2017–01550 Filed 1–23–17; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–6015–N–01] Mortgage and Loan Insurance Programs Under the National Housing Act—Debenture Interest Rates Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: This Notice announces changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act). The interest rate for debentures issued under Section 221(g)(4) of the Act during the 6-month period beginning January 1, 2017, is 21⁄8 percent. The interest rate for debentures issued under any other provision of the Act is the rate in effect on the date that the commitment to insure the loan or mortgage was issued, or the date that the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. The interest sradovich on DSK3GMQ082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 19:36 Jan 23, 2017 Jkt 241001 rate for debentures issued under these other provisions with respect to a loan or mortgage committed or endorsed during the 6-month period beginning January 1, 2017, is 23⁄4 percent. However, as a result of an amendment to Section 224 of the Act, if an insurance claim relating to a mortgage insured under Sections 203 or 234 of the Act and endorsed for insurance after January 23, 2004, is paid in cash, the debenture interest rate for purposes of calculating a claim shall be the monthly average yield, for the month in which the default on the mortgage occurred, on United States Treasury Securities adjusted to a constant maturity of 10 years. FOR FURTHER INFORMATION CONTACT: Yong Sun, Department of Housing and Urban Development, 451 Seventh Street SW., Room 5148, Washington, DC 20410–8000; telephone (202) 402–4778 (this is not a toll-free number). Individuals with speech or hearing impairments may access this number through TTY by calling the toll-free Federal Information Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: Section 224 of the National Housing Act (12 U.S.C. 1715o) provides that debentures issued under the Act with respect to an insured loan or mortgage (except for debentures issued pursuant to Section 221(g)(4) of the Act) will bear interest at the rate in effect on the date the commitment to insure the loan or mortgage was issued, or the date the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. This provision is implemented in HUD’s regulations at 24 CFR 203.405, 203.479, 207.259(e)(6), and 220.830. These regulatory provisions state that the applicable rates of interest will be published twice each year as a notice in the Federal Register. Section 224 further provides that the interest rate on these debentures will be set from time to time by the Secretary of HUD, with the approval of the Secretary of the Treasury, in an amount not in excess of the annual interest rate determined by the Secretary of the Treasury pursuant to a statutory formula based on the average yield of all outstanding marketable Treasury obligations of maturities of 15 or more years. The Secretary of the Treasury (1) has determined, in accordance with the provisions of Section 224, that the statutory maximum interest rate for the period beginning January 1, 2017, is 23⁄4 percent; and (2) has approved the establishment of the debenture interest PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 8201 rate by the Secretary of HUD at 23⁄4 percent for the 6-month period beginning January 1, 2017. This interest rate will be the rate borne by debentures issued with respect to any insured loan or mortgage (except for debentures issued pursuant to Section 221(g)(4)) with insurance commitment or endorsement date (as applicable) within the first 6 months of 2017. For convenience of reference, HUD is publishing the following chart of debenture interest rates applicable to mortgages committed or endorsed since January 1, 1980: Effective interest rate 91⁄2 ............... 97⁄8 ............... 113⁄4 ............. 127⁄8 ............. 123⁄4 ............. 101⁄4 ............. 103⁄8 ............. 111⁄2 ............. 133⁄8 ............. 115⁄8 ............. 111⁄8 ............. 101⁄4 ............. 81⁄4 ............... 8 ................... 9 ................... 91⁄8 ............... 93⁄8 ............... 91⁄4 ............... 9 ................... 81⁄8 ............... 9 ................... 83⁄4 ............... 81⁄2 ............... 8 ................... 8 ................... 73⁄4 ............... 7 ................... 65⁄8 ............... 73⁄4 ............... 83⁄8 ............... 71⁄4 ............... 61⁄2 ............... 71⁄4 ............... 63⁄4 ............... 71⁄8 ............... 63⁄8 ............... 61⁄8 ............... 51⁄2 ............... 61⁄8 ............... 61⁄2 ............... 61⁄2 ............... 6 ................... 57⁄8 ............... 51⁄4 ............... 53⁄4 ............... 5 ................... 41⁄2 ............... 51⁄8 ............... 51⁄2 ............... 47⁄8 ............... 41⁄2 ............... 47⁄8 ............... 53⁄8 ............... 43⁄4 ............... 5 ................... 41⁄2 ............... E:\FR\FM\24JAN1.SGM 24JAN1 On or after Jan. 1, 1980 July 1, 1980 Jan. 1, 1981 July 1, 1981 Jan. 1, 1982 Jan. 1, 1983 July 1, 1983 Jan. 1, 1984 July 1, 1984 Jan. 1, 1985 July 1, 1985 Jan. 1, 1986 July 1, 1986 Jan. 1, 1987 July 1, 1987 Jan. 1, 1988 July 1, 1988 Jan. 1, 1989 July 1, 1989 Jan. 1, 1990 July 1, 1990 Jan. 1, 1991 July 1, 1991 Jan. 1, 1992 July 1, 1992 Jan. 1, 1993 July 1, 1993 Jan. 1, 1994 July 1, 1994 Jan. 1, 1995 July 1, 1995 Jan. 1, 1996 July 1, 1996 Jan. 1, 1997 July 1, 1997 Jan. 1, 1998 July 1, 1998 Jan. 1, 1999 July 1, 1999 Jan. 1, 2000 July 1, 2000 Jan. 1, 2001 July 1, 2001 Jan. 1, 2002 July 1, 2002 Jan. 1, 2003 July 1, 2003 Jan. 1, 2004 July 1, 2004 Jan. 1, 2005 July 1, 2005 Jan. 1, 2006 July 1, 2006 Jan. 1, 2007 July 1, 2007 Jan. 1, 2008 Prior to July 1, 1980. Jan. 1, 1981. July 1, 1981. Jan. 1, 1982. Jan. 1, 1983. July 1, 1983. Jan. 1, 1984. July 1, 1984. Jan. 1, 1985. July 1, 1985. Jan. 1, 1986. July 1, 1986. Jan. 1. 1987. July 1, 1987. Jan. 1, 1988. July 1, 1988. Jan. 1, 1989. July 1, 1989. Jan. 1, 1990. July 1, 1990. Jan. 1, 1991. July 1, 1991. Jan. 1, 1992. July 1, 1992. Jan. 1, 1993. July 1, 1993. Jan. 1, 1994. July 1, 1994. Jan. 1, 1995. July 1, 1995. Jan. 1, 1996. July 1, 1996. Jan. 1, 1997. July 1, 1997. Jan. 1, 1998. July 1, 1998. Jan. 1, 1999. July 1, 1999. Jan. 1, 2000. July 1, 2000. Jan. 1, 2001. July 1, 2001. Jan. 1, 2002. July 1, 2002. Jan. 1, 2003. July 1, 2003. Jan. 1, 2004. July 1, 2004. Jan. 1, 2005. July 1, 2005. Jan. 1, 2006. July 1, 2006. Jan. 1, 2007. July 1, 2007. Jan. 1, 2008. July 1, 2008.

Agencies

[Federal Register Volume 82, Number 14 (Tuesday, January 24, 2017)]
[Notices]
[Pages 8200-8201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01550]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6001-N-02]


60-Day Notice of Proposed Information Collection: FHA-Insured 
Mortgage Loan Servicing Involving the Claims and Conveyance Process, 
Property Inspection/Preservation

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: HUD is seeking approval from the Office of Management and 
Budget (OMB) for the information collection described below. In 
accordance with the Paperwork Reduction Act, HUD is requesting comment 
from all interested parties on the proposed collection of information. 
The purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: March 27, 2017.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Colette Pollard, Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 7th Street SW., Room 4176, Washington, DC 20410-5000; telephone 
202-402-3400 (this is not a toll-free number) or email at 
Colette.Pollard@hud.gov for a copy of the proposed forms or other 
available information. Persons with hearing or speech impairments may 
access this number through TTY by calling the toll-free Federal Relay 
Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT: Ivery W. Himes, Director, Office of 
Single Family Asset Management, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410; email Ivery W. 
Himes at Ivery.W.Himes@hud.gov or telephone 202-708-1672, option 3. 
This is not a toll-free number. Persons with hearing or speech 
impairments may access this number through TTY by calling the toll-free 
Federal Relay Service at (800) 877-8339.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Himes.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

A. Overview of Information Collection

    Title of Information Collection: FHA-Insured Mortgage Loan 
Servicing Involving the Claims and Conveyance Process, Property 
Inspection/Preservation.
    OMB Approval Number: 2502-0429.
    Type of Request: Revision of currently approved collection.
    Form Numbers: HUD-27011, HUD-50002, HUD-50012, HUD-9519a, HUD-9539.
    Description of the need for the information and proposed use: This 
information collection consists of the claims and conveyance process 
involving mortgage loan servicers; mortgagees, who service Federal 
Housing Administration ``FHA'' insured mortgage loans and the 
mortgagors, who are the homeowners.
    Respondents (i.e. affected public): Servicers of FHA-insured 
mortgages.
    Estimated Number of Respondents: 357.
    Estimated Number of Responses: 1,198,168.
    Frequency of Response: Monthly.
    Average Hours per Response: 30 minutes.
    Total Estimated Burdens: 1,086,582.

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected

[[Page 8201]]

parties concerning the collection of information described in Section A 
on the following:
    (1) Whether the proposed collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether the information will have practical utility; (2) The accuracy 
of the agency's estimate of the burden of the proposed collection of 
information; (3) Ways to enhance the quality, utility, and clarity of 
the information to be collected; and (4) Ways to minimize the burden of 
the collection of information on those who are to respond; including 
through the use of appropriate automated collection techniques or other 
forms of information technology, e.g., permitting electronic submission 
of responses.
    HUD encourages interested parties to submit comment in response to 
these questions.

C. Authority

    Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 
Chapter 35.

    Dated: January 17, 2017.
Janet M. Golrick,
Associate General Deputy Assistant Secretary for Housing Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2017-01550 Filed 1-23-17; 8:45 am]
 BILLING CODE 4210-67-P