30-Day Notice of Proposed Information Collection: Mortgage Record Change, 6914-6915 [2021-01520]
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6914
Federal Register / Vol. 86, No. 14 / Monday, January 25, 2021 / Notices
Respondents: PFS grantee staff and
other project stakeholders.
Estimated Number of Respondents:
The annual web-based partnership
survey will have up to 170 respondents
across all 6 Demonstration sites. The
quarterly web-based time survey will
have up to 40 respondents across all
sites.
Estimated Time per Response: The
response time for the annual web-based
partnership survey is .25 hour. The
response time for the quarterly webbased time survey is 1 hour.
Frequency of Response: The annual
web-based partnership survey will be
administered once annually. The webbased time survey will be administered
four times annually.
Estimated Total Annual Burden
Hours: The total annual burden for this
information collection is 202.50 hrs.
Number of
respondents
Information collection
Frequency of
response
Burden hour
per response
Estimated Total Annual Cost: The
total annual cost for this information
collection is $5,400.68.
Respondent’s Obligation: Voluntary.
Legal Authority: The data collection is
conducted under Title 12, United States
Code, Section 1701z and Section 3507
of the Paperwork Reduction Act of 1995,
44, U.S.C., 35, as amended.
Annual burden
hours
Hourly cost
per response
Total cost
HUD–DOJ PFS Key Project Partners
(Annual web-based partnership survey) .......................................................
HUD–DOJ PFS Key Project Partners
(Quarterly time survey) .........................
170
1
0.25
42.5
1 $26.67
$1,133.48
40
4
1.0
160
26.67
4,267.20
Total ..................................................
210
........................
........................
202.5
........................
5,400.68
1 The
typical key project partner role is either a management or support role. The estimate uses the average of the most recent (May 2019)
Bureau of Labor Statistics, Occupational Employment Statistics median hourly wages for the labor categories Social and Community Services
Manager (11–9151) and Community and Social Service Specialist, All Other (21–1099). To estimate cost burden to project partner respondents,
we use an average of the occupations listed or $26.67.
Respondent
HUD–DOJ PFS Key Project
Partners.
Occupation
SOC code
(1) Social and Community Services Manager ........................
(2) Community and Social Service Specialist, All Other ........
(1) 11–9151
(2) 21–1099
Median hourly
wage rate
(1) $32.28
(2) 21.05
Average
(median)
hourly wage
rate
26.67
Source: Occupational Employment Statistics, accessed online January 11, 2021 at https://www.bls.gov/oes/current/oes_stru.htm.
jbell on DSKJLSW7X2PROD with NOTICES
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
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.
The General Deputy Assistant
Secretary for Policy Development and
Research, Todd Richardson, having
VerDate Sep<11>2014
18:31 Jan 22, 2021
Jkt 253001
reviewed and approved this document,
is delegating the authority to
electronically sign this document to
submitter, Nacheshia Foxx, who is the
Federal Register Liaison for HUD, for
purposes of publication in the Federal
Register.
Nacheshia Foxx,
Federal Register Liaison, Department of
Housing and Urban Development.
[FR Doc. 2021–01463 Filed 1–22–21; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7034–N–06; OMB Control
No.: 2502–0422]
30-Day Notice of Proposed Information
Collection: Mortgage Record Change
Office of the Chief Information
Officer, HUD.
AGENCY:
ACTION:
Notice.
HUD has submitted the
proposed information collection
requirement described below to the
Office of Management and Budget
(OMB) for review, in accordance with
the Paperwork Reduction Act. The
SUMMARY:
PO 00000
Frm 00053
Fmt 4703
Sfmt 4703
purpose of this notice is to allow for an
additional 30 days of public comment..
DATES: Comments Due Date: February
24, 2021.
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 Colette.Pollard@
hud.gov or telephone 202–402–3400.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
This is not a toll-free number. Copies of
available documents submitted to OMB
may be obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD has
submitted to OMB a request for
E:\FR\FM\25JAN1.SGM
25JAN1
Federal Register / Vol. 86, No. 14 / Monday, January 25, 2021 / Notices
approval of the information collection
described in Section A. The Federal
Register notice that solicited public
comment on the information collection
for a period of 60 days was published
on June 1, 2020 at 85 FR 33189.
A. Overview of Information Collection
Title of Information Collection:
Mortgage Record Change.
OMB Approval Number: 2502–0422.
Type of Request: Extension.
Form Number: 92080 (FHA
Connection).
Description of the need for the
information and proposed use:
Servicing of insured mortgages must be
performed by a mortgagee that is
approved by HUD to service insured
mortgages. The Mortgage Record Change
information is used by FHA-approved
mortgagees to comply with HUD
requirements for reporting the sale of a
mortgage between investors and/or the
transfer of the mortgage servicing
responsibility, as appropriate.
Respondents (i.e. affected public):
Not-for-profit institutions.
Estimated Number of Respondents:
10,000.
Estimated Number of Responses:
3,500,000.
Frequency of Response: On occasion
at sale or transfer.
Average Hours per Response: .1.
Total Estimated Burdens: 350,000.
jbell on DSKJLSW7X2PROD with NOTICES
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.
(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 comments in response to these
questions.
VerDate Sep<11>2014
18:31 Jan 22, 2021
Jkt 253001
C. Authority
Section 2 of the Paperwork Reduction
Act of 1995, 44 U.S.C. 3507.
Colette Pollard,
Department Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2021–01520 Filed 1–22–21; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7034–N–05; OMB Control
No.: 2502–0524]
30-Day Notice of Proposed Information
Collection: Home Equity Conversion
Mortgage (HECM) Insurance
Application for the Origination of
Reverse Mortgages and Related
Documents
Office of the Chief Information
Officer, HUD.
ACTION: Notice.
AGENCY:
HUD has submitted the
proposed information collection
requirement described below to the
Office of Management and Budget
(OMB) for review, in accordance with
the Paperwork Reduction Act. The
purpose of this notice is to allow for an
additional 30 days of public comment.
DATES: Comments Due Date: February
24, 2021.
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 Colette.Pollard@
hud.gov or telephone 202–402–3400.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
This is not a toll-free number. Copies of
available documents submitted to OMB
may be obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD has
submitted to OMB a request for
approval of the information collection
described in Section A. The Federal
SUMMARY:
PO 00000
Frm 00054
Fmt 4703
Sfmt 4703
6915
Register notice that solicited public
comment on the information collection
for a period of 60 days was published
on September 17, 2020 at 85 FR 58068.
A. Overview of Information Collection
Title of Information Collection: Home
Equity Conversion Mortgage (HECM)
Insurance Application for the
Origination of Reverse Mortgages and
Related Documents.
OMB Approval Number: 2502–0524.
Type of Request: Revision of currently
approved collection.
Form Number: HUD–92901, HUD–
92902, HUD–92051, HUD–92561, HUD–
92800.5b, HUD–92900–A, HUD–92300,
HUD–1, HUD–1a, Fannie Mae (FNMA)1009, FNMA–1025, FNMA–1003,
FNMA–1004, FNMA–1004c, FNMA–
1073, HUD–92541, HUD–92544,
NPMA–99A, NPMA–99B
Description of the need for the
information and proposed use: The
Home Equity Conversion Mortgage
(HECM) program is the Federal Housing
Administration’s (FHA) reverse
mortgage program that enables seniors
who have equity in their homes to
withdraw a portion of the accumulated
equity. The intent of the HECM Program
is to ease the financial burden on
elderly homeowners facing increased
health, housing, and subsistence costs at
a time of reduced income. The currently
approved information collection is
necessary to screen mortgage insurance
applications to protect the FHA
insurance fund and the interests of
consumers and potential borrowers.
Specific forms and related documents
are needed to determine the eligibility
of the borrower and proposed mortgage
transaction for FHA’s insurance
endorsement. The model HECM
Adjustable Rate Note has been revised
to align with FHA’s transition from the
London InterBank Offered Rate (LIBOR)
index to the Secured Overnight
Financing Rate (SOFR) index, which
includes, but is not limited to, new
definitions and replacement index
language for future adjustable interest
rate index transition events.
HUD also proposes to strengthen the
HECM for Purchase property eligibility
requirements by requiring inspection
documentation for newly built
properties that will serve as collateral
for HECM financing. Currently, the
HECM for Purchase program requires
mortgagees to submit a Certificate of
Occupancy, or its equivalent, as
evidence that the property is complete
and habitable as a condition of FHA
insurance. In the near future,
mortgagees may be required to complete
and submit the following forms to FHA:
(1) Form HUD–92541, Builder’s
E:\FR\FM\25JAN1.SGM
25JAN1
]]>Agencies
[Federal Register Volume 86, Number 14 (Monday, January 25, 2021)]
[Notices]
[Pages 6914-6915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-01520]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7034-N-06; OMB Control No.: 2502-0422]
30-Day Notice of Proposed Information Collection: Mortgage Record
Change
AGENCY: Office of the Chief Information Officer, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: HUD has submitted the proposed information collection
requirement described below to the Office of Management and Budget
(OMB) for review, in accordance with the Paperwork Reduction Act. The
purpose of this notice is to allow for an additional 30 days of public
comment..
DATES: Comments Due Date: February 24, 2021.
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. Persons with hearing
or speech impairments may access this number through TTY by calling the
toll-free Federal Relay Service at (800) 877-8339. This is not a toll-
free number. Copies of available documents submitted to OMB may be
obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD has
submitted to OMB a request for
[[Page 6915]]
approval of the information collection described in Section A. The
Federal Register notice that solicited public comment on the
information collection for a period of 60 days was published on June 1,
2020 at 85 FR 33189.
A. Overview of Information Collection
Title of Information Collection: Mortgage Record Change.
OMB Approval Number: 2502-0422.
Type of Request: Extension.
Form Number: 92080 (FHA Connection).
Description of the need for the information and proposed use:
Servicing of insured mortgages must be performed by a mortgagee that is
approved by HUD to service insured mortgages. The Mortgage Record
Change information is used by FHA-approved mortgagees to comply with
HUD requirements for reporting the sale of a mortgage between investors
and/or the transfer of the mortgage servicing responsibility, as
appropriate.
Respondents (i.e. affected public): Not-for-profit institutions.
Estimated Number of Respondents: 10,000.
Estimated Number of Responses: 3,500,000.
Frequency of Response: On occasion at sale or transfer.
Average Hours per Response: .1.
Total Estimated Burdens: 350,000.
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.
(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 comments in response to
these questions.
C. Authority
Section 2 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information
Officer.
[FR Doc. 2021-01520 Filed 1-22-21; 8:45 am]
BILLING CODE 4210-67-P
