60-Day Notice of Proposed Information Collection: Quality Control Requirements for Direct Endorsement Lenders, 32572-32573 [2017-14810]

Download as PDF 32572 Federal Register / Vol. 82, No. 134 / Friday, July 14, 2017 / Notices this information request is for interviews with PHA staff, partners, and study participants receiving FSS services. Type of Request: Revision of a currently approved collection. Agency Form Numbers: No agency forms will be used. The quarterly Information collection Study Participant Interviews and/or Focus Groups. PHA Staff Interviews (on-site). PHA Staff Interviews (telephone). Cost Study Data Collection Activities with PHA staff. FSS Partner Staff Interviews. Total .................... Number of respondents reporting will be accomplished through a short narrative report. Respondents: 180 Respondents in all. Members of Affected Public: 90. Estimated Number of Respondents: 180. Frequency of response: Once. Hours of response: 90 minutes. Burden hour per response Estimated Total Annual Burden Hours: 279 hours. Estimated Total Annual Cost: $4,325.94. PHA and Partner Staff: 90 Individuals receiving subsidized housing and enrolled in the FSS program (treatment group): 90. Hourly cost per response Frequency of response Responses per annum 90 participants (10 participants * 9 sites). 27 staff (3 staff * 9 sites). 18 staff (2 staff * 9 sites). 18 staff (1 staff * 18 sites). Once ........... One ............ 90 minutes, on average (1.5 hours). 135 hours (90 * 1.5) .. 1 $7.25 Once ........... One ............ 40.5 hours (27 * 1.5) 2 24.33 Once ........... One ............ 27 hours (18 * 1.5) .... 2 24.33 Once ........... One ............ 90 minutes, on average (1.5 hours). 90 minutes, on average (1.5 hours). 120 minutes, on average (or 2 hours). 36 hours (18 staff * 2) 33.58 27 staff (1 staff * 3 partners * 9 sites). Once ........... One ............ 90 minutes, on average (1.5 hours). 40.5 hours (27 * 1.50) 33.58 180 ............................. .................... .................... .................................... 279 ............................. Annual burden hours ................ Annual cost $489.38 (45 employed sample members * $7.25* 1.5 hours). $985.40 (27 staff * $24.33* 1.5 hours). $656.91 (18 staff * $24.33 * 1.5 hours). $1208.88 (18 staff * $33.58 * 2 hours). $985.36 (27 staff * $24.33* 1.5 hours). $4,325.94 1 Households participating in the Family Self-Sufficiency Demonstration will range widely in employment position and earnings. We have estimated the hourly wage at the expected prevailing minimum wage, which is $7.25 per hour. We expect about 50 percent of the participants to be employed at the time of study entry. A recent report by the Center on Budget and Policy Priorities, some 55 percent of non-elderly, non-disabled households receiving voucher assistance reported earned income in 2010. The typical (median) annual earnings for these families were $15,600, only slightly more than the pay from full-time, year-round minimum-wage work. (https://www.cbpp.org/cms/?fa=view&id=3634). Based on this, we assumed 50% of participants would be working at the federal minimum wage. 2 For program staff participating in interviews, the estimate uses the median hourly wages of selected occupations (classified by Standard Occupational Classification (SOC) codes) was sourced from the Occupational Employment Statistics from the U.S. Department of Labor’s Bureau of Labor Statistics. Potentially relevant occupations and their median hourly wages are: Occupation SOC code Community and Social Service Specialist ............................................................................................................... Social/community Service Manager ........................................................................................................................ 21–1099 11–9151 Median hourly wage rate $19.26 29.40 Source: Occupational Employment Statistics, accessed online March 20, 2015 at https://www.bls.gov/oes/current/oes_stru.htm. To estimate cost burden to program staff respondents, we use an average of the occupations listed, or $24.33/hr. 4 For program staff supporting data extraction activities and FSS Partner staff, the estimate uses the median hourly wages of selected relevant occupations in a manner similar to the above. A standard wage assumption of $33.58/hr. was created by averaging median hourly wage rates for these occupations: Occupation SOC code Database Administrator ........................................................................................................................................... Social/community Service Manager ........................................................................................................................ 15–1141 11–9151 Median hourly wage rate $37.75 29.40 mstockstill on DSK30JT082PROD with NOTICES Source: Occupational Employment Statistics, accessed online March 22, 2015 at https://www.bls.gov/oes/current/oes_stru.htm. 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 the use VerDate Sep<11>2014 17:44 Jul 13, 2017 Jkt 241001 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. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: July 7, 2017. Matthew E. Ammon, General Deputy Assistant, Secretary for Policy Development and Research. [FR Doc. 2017–14811 Filed 7–13–17; 8:45 am] BILLING CODE 4210–67–P PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–6001–N–23] 60-Day Notice of Proposed Information Collection: Quality Control Requirements for Direct Endorsement Lenders 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 SUMMARY: E:\FR\FM\14JYN1.SGM 14JYN1 Federal Register / Vol. 82, No. 134 / Friday, July 14, 2017 / Notices mstockstill on DSK30JT082PROD with NOTICES information. The purpose of this notice is to allow for 60 days of public comment. DATES: Comments Due Date: September 12, 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 tollfree Federal Relay Service at (800) 877– 8339. FOR FURTHER INFORMATION CONTACT: Justin D. Burch, Director, Quality Assurance Division, Office of Lender Activities and Program Compliance, Department of Housing and Urban Development, 451 7th Street SW., Room B133–P3214, Washington, DC 20410, telephone 202–708–1515 (this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. Copies of available documents submitted to OMB may be obtained from Mr. Burch. 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: Quality Control Requirements for Direct Endorsement Lenders. OMB Approval Number: 2502–0600. Type of Request: Extension of a currently approved collection. Form Number: N/A. Description of the need for the information and proposed use: Under 24 CFR 202.8(3), Direct Endorsement (DE) lenders which sponsor third-party originators (TPOs) are responsible to the Secretary for the actions of TPOs or mortgagees in originating loans or mortgages, unless applicable law or regulation requires specific knowledge on the part of the party to be held responsible. As a result, DE lenders are responsible for conducting quality control on TPO originations of FHAinsured mortgage loans, and ensuring that their quality control plans contain appropriate oversight provisions. This VerDate Sep<11>2014 17:44 Jul 13, 2017 Jkt 241001 creates an information collection burden on DE lenders, since these institutions must conduct quality control on all loans they originate and underwrite. In addition, under 24 CFR 203.255(c) and (e), HUD conducts both pre- and postendorsement reviews of loans submitted for FHA insurance by DE lenders. As part of those reviews, the Secretary is authorized to determine if there is any information indicating that any certification or required document is false, misleading, or constitutes fraud or misrepresentation on the part of any party, or that the mortgage fails to meet a statutory or regulatory requirement. In order to assist the Secretary with this directive, FHA requires that lenders self-report all findings of fraud and material misrepresentation, as well any material findings concerning the origination, underwriting, or servicing of the loan that the lender is unable to mitigate or otherwise resolve. The obligation to self-report these findings creates an additional information collection burden on DE lenders. In accordance with the requirements of 5 CFR 1320.8(d), a Notice soliciting comments on this collection of information was initially published in the Federal Register on December 21, 2010 (Volume 75, Number 244, page 80066). At that time, FHA still allowed for loan correspondents to participate in its programs and had not yet transitioned to the use of TPOs. Therefore, FHA estimated information collection burdens based on the expected used of TPOs by DE lenders. Three years later, FHA has revised these estimates with real data, which has substantially reduced the information collection burden associated with OMB Control Number 2502–0600. Respondents: Business or other forprofit. Estimated Number of Respondents: 1,831. Estimated Number of Responses: 135,682. Frequency of Response: Annually. Average Hours per Response: .52. Total Estimated Burdens: 71,017. 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 PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 32573 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. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: June 23, 2017. Genger Charles, General Deputy Assistant Secretary for Housing. [FR Doc. 2017–14810 Filed 7–13–17; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Fish and Wildlife Service [FWS–R7–ES–2017–N055; FXES11140700000–178–FF07CAAN00] Endangered and Threatened Wildlife and Plants; Initiation of a 5-Year Status Review of the Aleutian Shield Fern Fish and Wildlife Service, Interior. ACTION: Notice; request for information. AGENCY: We, the U.S. Fish and Wildlife Service (Service), are initiating a 5-year status review of the Aleutian shield fern under the Endangered Species Act of 1973, as amended (ESA). A 5-year status review is based on the best scientific and commercial data available at the time of the review; therefore, we are requesting submission of any new information on these species that has become available since the last review, in 2005. DATES: To ensure consideration of your comments in our preparation of this 5year status review, we must receive your comments and information by September 12, 2017. However, we will accept information about any species at any time. ADDRESSES: Please submit your information by any one of the following methods: • Email: leah_kenney@fws.gov; or • U.S. mail or hand delivery: U.S. Fish and Wildlife Service, ATTN: Aleutian shield fern, 4700 BLM Road, Anchorage, AK 99507. For more about submitting information, see Request for Information in the SUPPLEMENTARY INFORMATION section. FOR FURTHER INFORMATION CONTACT: Leah Kenney, Anchorage Fish and SUMMARY: E:\FR\FM\14JYN1.SGM 14JYN1

Agencies

[Federal Register Volume 82, Number 134 (Friday, July 14, 2017)]
[Notices]
[Pages 32572-32573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-14810]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6001-N-23]


60-Day Notice of Proposed Information Collection: Quality Control 
Requirements for Direct Endorsement Lenders

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

[[Page 32573]]

information. The purpose of this notice is to allow for 60 days of 
public comment.

DATES: Comments Due Date: September 12, 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: Justin D. Burch, Director, Quality 
Assurance Division, Office of Lender Activities and Program Compliance, 
Department of Housing and Urban Development, 451 7th Street SW., Room 
B133-P3214, Washington, DC 20410, telephone 202-708-1515 (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 Mr. Burch.

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: Quality Control Requirements for 
Direct Endorsement Lenders.
    OMB Approval Number: 2502-0600.
    Type of Request: Extension of a currently approved collection.
    Form Number: N/A.
    Description of the need for the information and proposed use: Under 
24 CFR 202.8(3), Direct Endorsement (DE) lenders which sponsor third-
party originators (TPOs) are responsible to the Secretary for the 
actions of TPOs or mortgagees in originating loans or mortgages, unless 
applicable law or regulation requires specific knowledge on the part of 
the party to be held responsible. As a result, DE lenders are 
responsible for conducting quality control on TPO originations of FHA-
insured mortgage loans, and ensuring that their quality control plans 
contain appropriate oversight provisions. This creates an information 
collection burden on DE lenders, since these institutions must conduct 
quality control on all loans they originate and underwrite. In 
addition, under 24 CFR 203.255(c) and (e), HUD conducts both pre- and 
post-endorsement reviews of loans submitted for FHA insurance by DE 
lenders. As part of those reviews, the Secretary is authorized to 
determine if there is any information indicating that any certification 
or required document is false, misleading, or constitutes fraud or 
misrepresentation on the part of any party, or that the mortgage fails 
to meet a statutory or regulatory requirement. In order to assist the 
Secretary with this directive, FHA requires that lenders self-report 
all findings of fraud and material misrepresentation, as well any 
material findings concerning the origination, underwriting, or 
servicing of the loan that the lender is unable to mitigate or 
otherwise resolve. The obligation to self-report these findings creates 
an additional information collection burden on DE lenders.
    In accordance with the requirements of 5 CFR 1320.8(d), a Notice 
soliciting comments on this collection of information was initially 
published in the Federal Register on December 21, 2010 (Volume 75, 
Number 244, page 80066). At that time, FHA still allowed for loan 
correspondents to participate in its programs and had not yet 
transitioned to the use of TPOs. Therefore, FHA estimated information 
collection burdens based on the expected used of TPOs by DE lenders. 
Three years later, FHA has revised these estimates with real data, 
which has substantially reduced the information collection burden 
associated with OMB Control Number 2502-0600.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 1,831.
    Estimated Number of Responses: 135,682.
    Frequency of Response: Annually.
    Average Hours per Response: .52.
    Total Estimated Burdens: 71,017.

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.

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

    Dated: June 23, 2017.
Genger Charles,
General Deputy Assistant Secretary for Housing.
[FR Doc. 2017-14810 Filed 7-13-17; 8:45 am]
BILLING CODE 4210-67-P
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