60-Day Notice of Proposed Information Collection: Disclosure of Adjustable Rate Mortgage (ARM) Rates, 3069-3070 [2020-00753]

Download as PDF lotter on DSKBCFDHB2PROD with NOTICES Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices 27. Honduras 28. Hungary 29. Iceland 30. Ireland 31. Israel 32. Italy 33. Jamaica 34. Japan 35. Kiribati 36. Latvia 37. Liechtenstein 38. Lithuania 39. Luxembourg 40. Macedonia 41. Madagascar 42. Malta 43. Mexico 44. Monaco 45. Mongolia 46. Montenegro 47. Mozambique 48. Nauru 49. The Netherlands 50. New Zealand 51. Nicaragua 52. Norway 53. Panama 54. Papua New Guinea 55. Peru 56. Poland 57. Portugal 58. Romania 59. Samoa 60. San Marino 61. Serbia 62. Singapore 63. Slovakia 64. Slovenia 65. Solomon Islands 66. South Africa 67. South Korea 68. Spain 69. St. Vincent and the Grenadines 70. Sweden 71. Switzerland 72. Taiwan 73. Thailand 74. Timor-Leste 75. Tonga 76. Turkey 77. Tuvalu 78. Ukraine 79. United Kingdom 80. Uruguay 81. Vanuatu This notice does not affect the status of aliens who currently hold valid H–2A or H–2B nonimmigrant status. Aliens currently holding such status, however, will be affected by this notice should they seek an extension of stay in H–2 classification, or a change of status from one H–2 status to another, for employment on or after the effective date of this notice. Similarly, aliens holding nonimmigrant status other than H–2 status are not affected by this notice unless they seek a change of status to H– 2 status. VerDate Sep<11>2014 18:20 Jan 16, 2020 Jkt 250001 Nothing in this notice limits the authority of the Secretary of Homeland Security or his designee or any other federal agency to invoke against any foreign country or its nationals any other remedy, penalty, or enforcement action available by law. Chad F. Wolf, Acting Secretary of Homeland Security. [FR Doc. 2020–00795 Filed 1–16–20; 8:45 am] BILLING CODE P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7014–N–32] 60-Day Notice of Proposed Information Collection: Disclosure of Adjustable Rate Mortgage (ARM) Rates 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 17, 2020. 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: Barbara Leslie, Director (Acting), Home Mortgage Insurance Division, Office of Single Family Program Development, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410, telephone (202) 708–2121 (this is not a toll free number) for copies of the proposed forms and other available information. ADDRESSES: PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 3069 Copies of available documents submitted to OMB may be obtained from Ms. Pollard. 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: Disclosure of Adjustable Rate Mortgage (ARM) Rates. OMB Approval Number: 2502–0322. Type of Request: Extension. Form Number: None. Description of the need for the information and proposed use: Lenders must provide mortgagors with adjustable rate mortgages an annual ARM Disclosure Notice at least 25 days before any adjustment to a mortgagor’s monthly payment may occur, and the mortgagee must inform the borrower of the changed interest rate, monthly mortgage amount, the current index interest rate value, and how the payment adjustment was calculated. HUD may review lender loan files to ensure lenders are in compliance. Respondents: Business or other forprofit (lenders). Estimated Number of Respondents: 2,440. Estimated Number of Responses: 108,556. Frequency of Response: One per FHAinsured adjustable rate loan. Average Hours per Response: 0.05 hour. Total Estimated Burdens: 5,437. 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. E:\FR\FM\17JAN1.SGM 17JAN1 3070 Federal Register / Vol. 85, No. 12 / Friday, January 17, 2020 / Notices Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: December 23, 2019. John L. Garvin, General Deputy Assistant Secretary for Housing. [FR Doc. 2020–00753 Filed 1–16–20; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7016–N–06] 60-Day Notice of Proposed Information Collection: Application for Distressed Cities Technical Assistance NOFA Office of the Assistant Secretary for Policy Development and Research, 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 17, 2020. 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: Anna P. Guido, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street ADDRESSES: Information collection Number of respondents1 lotter on DSKBCFDHB2PROD with NOTICES Provider TA Survey ...... Recipient TA Survey .... In-Person Training Survey ............................ Online Training Survey 18:20 Jan 16, 2020 A. Overview of Information Collection Title of Information Collection: Surveys of Recipients and Providers of HUD Technical Assistance and Training. OMB Approval Number: 2528–0325 (Previously 2506 -0212). Type of Request: Revision of a currently approved collection. Form Number: N/A. Description of the need for the information and proposed use: The surveys in this collection of information Frequency of response 1,140 1,140 2 1.1 3,500 5,000 6 1.3 4 1.1 8 1.3 1 Number of respondents is based on the frequency of TA and training engagements and the number of participants in recent years. 2 Some TA providers will provide multiple TA engagements and will be asked to complete more than one TA survey in a year. 3 75 percentile hourly wage for ‘‘Business and Financial Operations Occupations’’ from the Bureau of Labor Statistics (May 2018) https://www.bls.gov/ oes/current/oes130000.htm. VerDate Sep<11>2014 SW, Room 4176, Washington, DC 20410–5000; telephone 202–402–5534 (this is not a toll-free number) or email at Anna.P.Guido@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: Anna P. Guido, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Anna P. Guido at Anna.P.Guido@hud.gov or telephone 202–402–5535. 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 Ms. Guido. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. Jkt 250001 Responses per annum Burden hour per response Frm 00060 Annual burden hours Hourly cost per response 1,254 1,254 0.25 0.25 313.5 313.5 3 $44.65 4,550 6,500 0.2 0.2 910 1,300 7 32.86 4 Some TA recipients will receive multiple TA engagements and will be asked to complete more than one TA survey in a year. 5 Median hourly wage for ‘‘Business and Financial Operations Occupations’’ (May 2018) https://www.bls.gov/oes/current/oes130000.htm. 6 HUD anticipates that roughly 30% of in person trainees will complete multiple trainings and be asked to complete more than one survey in a year. 7 Median hourly wage for ‘‘Business and Financial Operations Occupations’’ from the Bureau PO 00000 are necessary to systematically gather user feedback and outcomes data to evaluate and improve HUD’s deployment and management of its technical assistance (TA) resources. The data will be used to comprehensively evaluate the Community Compass program, identify areas for improvement in the program, evaluate the effectiveness of HUD TA interventions, identify trends in TA needs, support the measurement of past performance for future TA NOFAs, and help HUD identify risk within its TA Provider pool. Survey results will also be used by TA Providers and HUD staff to improve individual TA and training engagements. The previously approved Information Collection (OMB Control No: 2506– 0212) included the Community Development Marketplace (CDM) Project Intake Survey and the Survey of Community Partners Receiving HUD Staff-Led Technical Assistance. These surveys are no longer active and thus are not included in this information collection revision. Members of affected public: Not-forprofit institutions; State, Local, and Tribal Government. Estimated Number of Respondents: 10,780. Estimated Time per Response: 0.2– 0.25 hours. Frequency of Response: 1.1–1.3. Estimated Total Annual Burden Hours: 2,837. Estimated Total Annual Cost: $96,919.99. Legal Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Fmt 4703 Sfmt 4703 5 32.86 9 32.86 Annual cost $13,997.78 10,301.61 29,902.60 42,718.00 of Labor Statistics (May 2018) https://www.bls.gov/ oes/current/oes130000.htm. 8 HUD anticipates that roughly 30% of online trainees will complete multiple trainings and be asked to complete more than one survey in a year. 9 Median hourly wage for ‘‘Business and Financial Operations Occupations’’ from the Bureau of Labor Statistics (May 2018) https://www.bls.gov/ oes/current/oes130000.htm. E:\FR\FM\17JAN1.SGM 17JAN1

Agencies

[Federal Register Volume 85, Number 12 (Friday, January 17, 2020)]
[Notices]
[Pages 3069-3070]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00753]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7014-N-32]


60-Day Notice of Proposed Information Collection: Disclosure of 
Adjustable Rate Mortgage (ARM) Rates

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 17, 2020.

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 
[email protected] 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: Barbara Leslie, Director (Acting), 
Home Mortgage Insurance Division, Office of Single Family Program 
Development, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410, telephone (202) 708-2121 (this is not 
a toll free number) for copies of the proposed forms and other 
available information.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Pollard.

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: Disclosure of Adjustable Rate 
Mortgage (ARM) Rates.
    OMB Approval Number: 2502-0322.
    Type of Request: Extension.
    Form Number: None.
    Description of the need for the information and proposed use: 
Lenders must provide mortgagors with adjustable rate mortgages an 
annual ARM Disclosure Notice at least 25 days before any adjustment to 
a mortgagor's monthly payment may occur, and the mortgagee must inform 
the borrower of the changed interest rate, monthly mortgage amount, the 
current index interest rate value, and how the payment adjustment was 
calculated. HUD may review lender loan files to ensure lenders are in 
compliance.
    Respondents: Business or other for-profit (lenders).
    Estimated Number of Respondents: 2,440.
    Estimated Number of Responses: 108,556.
    Frequency of Response: One per FHA-insured adjustable rate loan.
    Average Hours per Response: 0.05 hour.
    Total Estimated Burdens: 5,437.

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.


[[Page 3070]]


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

    Dated: December 23, 2019.
John L. Garvin,
General Deputy Assistant Secretary for Housing.
[FR Doc. 2020-00753 Filed 1-16-20; 8:45 am]
BILLING CODE 4210-67-P