30-Day Notice of Proposed Information Collection: Disclosure of Adjustable Rate Mortgage (ARM) Rates, 17595-17596 [2020-06493]

Download as PDF Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices lotter on DSKBCFDHB2PROD with NOTICES (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Overview of This Information Collection (1) Type of Information Collection: Extension, Without Change, of a Currently Approved Collection. (2) Title of the Form/Collection: U.S. Immigration and Customs Enforcement (ICE) Mutual Agreement between Government and Employers (IMAGE) Self-Assessment Questionnaire (3) Agency form number, if any, and the applicable component of the DHS sponsoring the collection: 73–028; ICE. (4) Affected public who will be asked or required to respond, as well as a brief abstract: Primary: Business or other forprofit; Not-for-profit institutions. The U.S. Immigration and Customs Enforcement Mutual Agreement between Government and Employers (IMAGE) program is the outreach and education component of the Homeland Security Investigations (HSI) Worksite Enforcement (WSE) program. IMAGE is designed to build cooperative relationships with the private sector to enhance compliance with immigration laws and reduce the number of unauthorized aliens within the American workforce. Under this program ICE will partner with businesses representing a cross-section of industries. A business will initially complete and prepare an IMAGE application so that ICE can properly evaluate the company for inclusion in the IMAGE program. The information provided by the company plays a vital role in determining its suitability for the program. While 8 U.S.C. 1324(a) makes it illegal to knowingly employ a person who is not in the U.S. legally, there is no requirement for any entity in the private sector to participate in the program and the information obtained from the company should also be available to the public. (5) An estimate of the total number of respondents and the amount of time estimated for an average respondent to respond: ICE estimates a total of 66 responses at 90 minutes (1.5 hours) per response. (6) An estimate of the total public burden (in hours) associated with the collection: 150 annual burden hours. VerDate Sep<11>2014 18:05 Mar 27, 2020 Jkt 250001 Dated: March 24, 2020. Scott Elmore, PRA Clearance Officer. A. Overview of Information Collection [FR Doc. 2020–06475 Filed 3–27–20; 8:45 am] BILLING CODE 9111–28–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7024–N–17] 30-Day Notice of Proposed Information Collection: Disclosure of Adjustable Rate Mortgage (ARM) Rates Office of the Chief Information Office, HUD. AGENCY: ACTION: Notice. 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 an additional 30 days of public comment. SUMMARY: DATES: Comments Due Date: April 29, 2020. Interested persons are invited to submit comments regarding this proposal. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ Start Printed Page 15501PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette Pollard at Colette.Pollard@ hud.gov or telephone 202–402–3400. 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. Pollard. This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. The Federal Register notice for the 60 days was published January 17, 2020 at 85 FR 3069. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 17595 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: 0.050084 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 collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility. (2) if the information will be processed and used in a timely manner. (3) the accuracy of the agency’s estimates of the burden and cost of the collection of information, including the validity of the methodology and assumptions used. (4) ways to enhance the quality, utility and clarity of the information collection; and (5) ways to minimize the burden of the collection of information on those who are to respond, including the use of automated collection techniques or other forms of information technology. 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. E:\FR\FM\30MRN1.SGM 30MRN1 17596 Federal Register / Vol. 85, No. 61 / Monday, March 30, 2020 / Notices Dated: March 24, 2020. Colette Pollard, Department Reports Management Officer, Office of the Chief Information Officer. This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. SUPPLEMENTARY INFORMATION: [FR Doc. 2020–06493 Filed 3–27–20; 8:45 am] BILLING CODE 4210–67–P A. Overview of Information Collection DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7027–N–11; OMB Control No.: 2502–0505 60-Day Notice of Proposed Information Collection: Capital Needs Assessment (CNAs) 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. DATES: Comments Due Date: May 29, 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 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 Federal Relay Service at (800) 877–8339 (this is a toll-free number). FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette Pollard at Colette.Pollard@ hud.gov or telephone 202–402– 3400(this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the Federal Relay Service at (800) 877–8339 (this is a toll-free number). Copies of available documents submitted to OMB may be obtained from Ms. Pollard. lotter on DSKBCFDHB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:05 Mar 27, 2020 Jkt 250001 Title of Information Collection: Capital Needs Assessment (CNAs). OMB Approval Number: 2502–0505. OMB Expiration Date: 08/31/2021. Type of Request: Revision of a currently approved collection. Form Number: N/A. Description of the need for the information and proposed use: A Capital Needs Assessment is a detailed review of a property’s expected capital expenditures over future years. It is needed to appropriately value a project/ property, to determine financial sustainability, and to plan for funding of an escrow account to be used for capital repair and replacement needs during the estimate period. It is used by external parties, and HUD for valuation, underwriting, and asset management purposes. The proposed change involves the current excel assessment tool that is being rewritten and incorporated into the system for enhanced security and credentials. Respondents (i.e., affected public): Assessor firms, lender originator, lender servicer, Participating Administrative Entity (PAE), Public Housing Agency (PHA) for RAD Projects, and the Project Rental Assistance Contract (PRAC) owner. Estimated Number of Respondents: 2,041. Estimated Number of Responses: 2,041. Frequency of Response: Once periodically. Average Hours per Response: 36 hours. Total Estimated Burden: 73,476 hours. 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 PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 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. (5) ways to minimize the burden of the collection of information on those who are to respond, including the use of automated collection techniques or other forms of information technology. 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. 3507. The Associate General Deputy Assistant Secretary, Vance T. Morris, having reviewed and approved this document, is delegating the authority to electronically sign this document to Aaron Santa Anna, who is the Federal Register Liaison for HUD, for purposes of publication in the Federal Register. Dated: March 24, 2020. Aaron Santa Anna, Federal Register Liaison, U.S. Department of Housing and Urban Development. [FR Doc. 2020–06439 Filed 3–27–20; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Bureau of Indian Affairs [201A2100DD/AAKC001030/ A0A501010.999900 253G; OMB Control Number 1076–0188] Agency Information Collection Activities; Appraisals & Valuations of Indian Property Bureau of Indian Affairs, Interior. ACTION: Notice of information collection; request for comment. AGENCY: In accordance with the Paperwork Reduction Act of 1995, we, the Bureau of Indian Affairs (BIA) are proposing to renew an information collection. SUMMARY: Interested persons are invited to submit comments on or before May 29, 2020. ADDRESSES: Send your comments on this information collection request (ICR) by email to elizabeth.appel@bia.gov. Please reference OMB Control Number 1076–0188 in the subject line of your comments. If you have comments but are unable to email them, please contact the person listed in the FOR FURTHER INFORMATION CONTACT section of this notice. DATES: E:\FR\FM\30MRN1.SGM 30MRN1

Agencies

[Federal Register Volume 85, Number 61 (Monday, March 30, 2020)]
[Notices]
[Pages 17595-17596]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06493]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7024-N-17]


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

AGENCY: Office of the Chief Information Office, 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 an additional 30 days of 
public comment.

DATES: Comments Due Date: April 29, 2020.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/Start Printed Page 
15501PRAMain. Find this particular information collection by selecting 
``Currently under 30-day Review--Open for Public Comments'' or by using 
the search function.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email Colette Pollard at 
[email protected] or telephone 202-402-3400. 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. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A. The Federal Register notice for the 60 days was published 
January 17, 2020 at 85 FR 3069.

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: 0.050084 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 collection of information is necessary for the 
proper performance of the functions of the Department, including 
whether the information will have practical utility.
    (2) if the information will be processed and used in a timely 
manner.
    (3) the accuracy of the agency's estimates of the burden and cost 
of the collection of information, including the validity of the 
methodology and assumptions used.
    (4) ways to enhance the quality, utility and clarity of the 
information collection; and
    (5) ways to minimize the burden of the collection of information on 
those who are to respond, including the use of automated collection 
techniques or other forms of information technology.
    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.


[[Page 17596]]


    Dated: March 24, 2020.
 Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2020-06493 Filed 3-27-20; 8:45 am]
 BILLING CODE 4210-67-P