Professional Documents
Culture Documents
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Federal Register / Vol. 72, No. 125 / Friday, June 29, 2007 / Notices 35715
Description of the need for the will be submitted to the Office of mortgagors, as appropriate. The
information and proposed use: The Management and Budget (OMB) for information required is used to update
documents requested are used to review, as required by the Paperwork HUD’s Insurance System and other
determine the eligibility of a reverse Reduction Act. The Department is related systems. Current data is
mortgage loan application and property soliciting public comments on the necessary to establish mortgage
requirements for FHA’s mortgage subject proposal. premium liability, forward annual
insurance. This collection also ocntains DATES: Comments Due Date: August 28, premium mortgage data to the
disclosure requirements that will 2007. appropriate mortgagee/servicer, and
provide the prospective borrower with ADDRESSES: Interested persons are maintain premium receivables and
statutory and regulatory information invited to submit comments regarding program data regarding investors/
needed to explain the financial this proposal. Comments should refer to servicer activity. Without the required
implications of and alternatives to a the proposal by name and/or OMB data, the premium collection/
HECM; the costs associated with Control Number and should be sent to: monitoring function would be severely
obtaining a reverse mortgage; due and Lillian Deitzer, Reports Management impeded and program data would be
payable conditions and other relevant Officer, Department of Housing and unreliable. This information is essential
information necessary to determine if Urban Development, 451 7th Street, because HUD does case level accounting
this type of mortgage transaction is for SW., L’Enfant Plaza Building, Room in recording premium payments by
the sole benefit of the borrower. Without 8003, Washington, DC 20410 or mortgagees.
these documents, HUD would have Lillian_L_Deitzer@hud.gov. Agency form numbers, if applicable:
difficulty in determining the eligibility HUD–92080 is used for multifamily
FOR FURTHER INFORMATION CONTACT:
of a loan application and property, thus, loans only. Information for single family
Silas C. Vaughn, Jr., Single Family
jeopardize the insurance fund. loans is collected 100% electronically.
Insurance Operations Division,
Agency form numbers, if applicable: Estimation of the total numbers of
Department of Housing and Urban
FNMA 1009 and 1003, HUD–92900–A, hours needed to prepare the information
Development, 451 7th Street, SW.,
HUD–92901, HUD–92902, HUD–1, collection including number of
Washington, DC 20410, telephone (202)
HUD–92051, HUD–92800.5B, HUD– respondents, frequency of response, and
402–3545 (this is not a toll free number)
92561, FANNIE MAE 1004, FANNIE hours of response: The public reporting
for copies of the proposed forms and
MAE 1004C, FANNIE MAE 1073, and burden for this collection of information
other available information.
FANNIE MAE 1025. is estimated to be 160,025 hours
Estimation of the total numbers of SUPPLEMENTARY INFORMATION: The annually. An estimated 2,600
hours needed to prepare the information Department is submitting the proposed respondents file 1,600,025 responses
collection including number of information collection to OMB for annually, and the time needed to
respondents, frequency of response, and review, as required by the Paperwork provide the information is 6 minutes on
hours of response: This OMB Reduction Act of 1995 (44 U.S.C. average.
Information Collection has an estimated Chapter 35, as amended). Status of the proposed information
total burden hours of 132,894.40, with This Notice is soliciting comments collection: Extension of a currently
an estimated 2,020 respondents and a from members of the public and affected approved collection.
total of 90,020 responses. agencies concerning the proposed
collection of information to: (1) Evaluate Authority: The Paperwork Reduction Act
Status of the proposed information of 1995, 44 U.S.C., Chapter 35, as amended.
collection: Reinstatement of a currently whether the proposed collection is
necessary for the proper performance of Dated: June 22, 2007.
approved collection OMB Control No.
(2502–0524). the functions of the agency, including Frank L. Davis,
whether the information will have General Deputy Assistant Secretary for
Authority: The Paperwork Reduction Act practical utility; (2) Evaluate the Housing—Deputy Federal Housing
of 1995, 44 U.S.C., Chapter 35, as amended. accuracy of the agency’s estimate of the Commissioner.
Dated: June 20, 2007. burden of the proposed collection of [FR Doc. E7–12580 Filed 6–28–07; 8:45 am]
Frank L. Davis, information; (3) Enhance the quality, BILLING CODE 4210–67–P
General Deputy Assistant Secretary for utility, and clarity of the information to
Housing—Deputy Federal Housing be collected; and (4) Minimize the
Commissioner. burden of the collection of information DEPARTMENT OF HOUSING AND
[FR Doc. 07–3214 Filed 6–28–07; 8:45 am] on those who are to respond; including URBAN DEVELOPMENT
BILLING CODE 4210–67–M the use of appropriate automated [Docket No. FR–5121–N–24]
collection techniques or other forms of
information technology, e.g., permitting Notice of Proposed Information
DEPARTMENT OF HOUSING AND electronic submission of responses. Collection: Comment Request;
URBAN DEVELOPMENT This Notice also lists the following Minimum Property Standards for
information: Housing
[Docket No. FR–5121–N–20]
Title of Proposal: Mortgage Record
Notice of Proposed Information Change. AGENCY: Office of the Assistant
Collection: Comment Request; OMB Control Number, if applicable: Secretary for Housing—Federal Housing
Mortgage Record Change 2502–0422. Commissioner, HUD.
Description of the need for the ACTION: Notice.
AGENCY: Office of the Assistant information and proposed use: The
mstockstill on PROD1PC66 with NOTICES
Secretary for Housing—Federal Housing Mortgage Record Change information is SUMMARY: The proposed information
Commissioner, HUD. used by FHA-approved mortgagees to collection requirement described below
ACTION: Notice. comply with HUD requirements for will be submitted to the Office of
reporting the sale of a mortgage between Management and Budget (OMB) for
SUMMARY: The proposed information investors, the transfer of the mortgage review, as required by the Paperwork
collection requirement described below servicing responsibility, and a change in Reduction Act. The Department is
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