30-Day Notice of Proposed Information Collection: Mortgagor's Certificate of Actual Cost OMB Control No.: 2502-0112, 85902-85903 [2023-27048]

Download as PDF 85902 Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices lotter on DSK11XQN23PROD with NOTICES1 is to allow for an additional 30 days of public comment. DATES: Comments Due Date: January 10, 2024. 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/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Clearance Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000; email PaperworkReductionActOffice@ hud.gov. FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov or telephone 202–402–3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit: https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. 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 that solicited public comment on the information collection for a period of 60 days was published on September 5, 2023, at 88 FR 60705. A. Overview of Information Collection Title of Information Collection: HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value. OMB Control Number, if applicable: 2502–0494. Type of Request: Extension of currently approved collection. Form Number: HUD 92800.5B. Description of the need for the information and proposed use: Lenders VerDate Sep<11>2014 17:35 Dec 08, 2023 Jkt 262001 must provide loan applicants a completed copy of Form HUD–92800.5B at or before loan closing. Form HUD– 92800.5B serves as the mortgagee’s conditional commitment/direct endorsement statement of appraised value of Federal Housing Administration (FHA) mortgage insurance on the property. The form provides a section for the statement of the property’s appraised value and other required FHA disclosures to the borrower, including specific conditions that must be met before HUD can endorse a mortgage for FHA insurance. HUD uses the information to determine the eligibility of a property for mortgage insurance. Respondents: Mortgagees. Estimated Number of Respondents: 1,407. Estimated Number of Responses: 562,800. Frequency of Response: 400. Average Hours per Response: 0.12. Total Estimated Burdens: 67,536. 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 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. D. Summary of Form 92800.5B Comments and HUD Responses Comment: A commenter shared their understanding that FHA requires PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 lenders to utilize the 92800.5B to comply with the Consumer Financial Protection Bureau’s (CFPB) requirement for lenders to provide borrows a copy of the appraisal report promptly upon completion or at least three days prior to the closing of the loan. The commenter recommends that FHA remove its requirement for lenders to utilize the HUD Form 92800.5B, Conditional Commitment/Direct Endorsement Statement of Appraised Value. The commenter felt the 92800.5B is obsolete and duplicative due to borrower’s receiving a copy of the appraisal report with the HUD Form 92900–LT, FHA Loan Underwriting and Transmittal Summary. HUD Response: HUD appreciates this comment. Although the HUD Form 92800.5B and the 92900–LT state the Appraised Value, neither form is tied to CFPB’s requirements for providing the Borrower a copy of the appraisal report or the Borrower’s receipt of the appraisal report. Form 92800.5B provides other required FHA disclosures to the borrower, including specific conditions that must be met before HUD can endorse a mortgage for FHA insurance. Consideration may be given to necessary updates at a future date. Colette Pollard, Department Reports Management Officer, Office of Policy Development and Research, Chief Data Officer. [FR Doc. 2023–27061 Filed 12–8–23; 8:45 am] BILLING CODE P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7070–N–90] 30-Day Notice of Proposed Information Collection: Mortgagor’s Certificate of Actual Cost OMB Control No.: 2502– 0112 Office of Policy Development and Research, Chief Data Officer, 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 an additional 30 days of public comment. DATES: Comments Due Date: January 10, 2024. ADDRESSES: Interested persons are invited to submit comments regarding SUMMARY: E:\FR\FM\11DEN1.SGM 11DEN1 Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices 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/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Clearance Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000; email PaperworkReductionActOffice@ hud.gov. the cost information to determine the maximum insurable mortgage for final endorsement of an insured mortgage. Actual cost is defined in section 227c of National Housing Act. In addition, form HUD–92330 must be accompanied by an audited balance sheet certified by an accountant unless the project has less than 40 units, or if it is a refinancing or a purchase of an existing project under sections 207/223f or 232/223f of the National Housing Act. Estimated Number of Respondents: 1,168. Estimated Number of Responses: 1,168. Frequency of Response: 1. Average Hours per Response: 8. Total Estimated Burden: 9,344. FOR FURTHER INFORMATION CONTACT: B. Solicitation of Public Comment Colette Pollard, Reports Management Officer, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov or telephone (202) 402–3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. 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 that solicited public comment on the information collection for a period of 60 days was published on October 7, 2022 at 87 FR 61095. lotter on DSK11XQN23PROD with NOTICES1 A. Overview of Information Collection Title of Information Collection: Mortgagor’s Certificate of Actual Cost. OMB Approval Number: 2502–0112. Type of Request: Reinstatement, with change, of previously approved collection for which approval has expired. Form Number: HUD–92330. Description of the need for the information and proposed use: HUD uses form HUD–92330 to obtain data from a mortgagor relative to actual cost of a project. The mortgagor is required to certify to HUD the project’s actual cost by submitting the form. HUD uses VerDate Sep<11>2014 17:35 Dec 08, 2023 Jkt 262001 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 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. Chapter 35. Colette Pollard, Department Reports Management Officer, Office of Policy Development and Research, Chief Data Officer. [FR Doc. 2023–27048 Filed 12–8–23; 8:45 am] BILLING CODE 4210–67–P PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 85903 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7070–N–92] 30-Day Notice of Proposed Information Collection: Consolidated Public Housing Certification of Completion; OMB Control No.: 2577–0021 Office of Policy Development and Research, Chief Data Officer, 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 an additional 30 days of public comment. DATES: Comments Due Date: January 10, 2024. 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/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Clearance Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000; email PaperworkReductionActOffice@ hud.gov. SUMMARY: FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov or telephone 202–402–3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit: https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. Copies of available documents submitted to OMB may be obtained from Ms. Pollard. E:\FR\FM\11DEN1.SGM 11DEN1

Agencies

[Federal Register Volume 88, Number 236 (Monday, December 11, 2023)]
[Notices]
[Pages 85902-85903]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27048]


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

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7070-N-90]


30-Day Notice of Proposed Information Collection: Mortgagor's 
Certificate of Actual Cost OMB Control No.: 2502-0112

AGENCY: Office of Policy Development and Research, Chief Data Officer, 
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: January 10, 2024.

ADDRESSES: Interested persons are invited to submit comments regarding

[[Page 85903]]

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/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. Interested 
persons are also invited to submit comments regarding this proposal and 
comments should refer to the proposal by name and/or OMB Control Number 
and should be sent to: Colette Pollard, Clearance Officer, REE, 
Department of Housing and Urban Development, 451 7th Street SW, Room 
8210, Washington, DC 20410-5000; email 
[email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, Reports Management Officer, REE, Department of Housing and 
Urban Development, 451 7th Street SW, Washington, DC 20410; email 
[email protected] or telephone (202) 402-3400. This is not a 
toll-free number. HUD welcomes and is prepared to receive calls from 
individuals who are deaf or hard of hearing, as well as individuals 
with speech or communication disabilities. To learn more about how to 
make an accessible telephone call, please visit https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.
    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 that solicited public comment on the 
information collection for a period of 60 days was published on October 
7, 2022 at 87 FR 61095.

A. Overview of Information Collection

    Title of Information Collection: Mortgagor's Certificate of Actual 
Cost.
    OMB Approval Number: 2502-0112.
    Type of Request: Reinstatement, with change, of previously approved 
collection for which approval has expired.
    Form Number: HUD-92330.
    Description of the need for the information and proposed use: HUD 
uses form HUD-92330 to obtain data from a mortgagor relative to actual 
cost of a project. The mortgagor is required to certify to HUD the 
project's actual cost by submitting the form. HUD uses the cost 
information to determine the maximum insurable mortgage for final 
endorsement of an insured mortgage. Actual cost is defined in section 
227c of National Housing Act. In addition, form HUD-92330 must be 
accompanied by an audited balance sheet certified by an accountant 
unless the project has less than 40 units, or if it is a refinancing or 
a purchase of an existing project under sections 207/223f or 232/223f 
of the National Housing Act.
    Estimated Number of Respondents: 1,168.
    Estimated Number of Responses: 1,168.
    Frequency of Response: 1.
    Average Hours per Response: 8.
    Total Estimated Burden: 9,344.

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 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. 
Chapter 35.

Colette Pollard,
Department Reports Management Officer, Office of Policy Development and 
Research, Chief Data Officer.
[FR Doc. 2023-27048 Filed 12-8-23; 8:45 am]
BILLING CODE 4210-67-P


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.