80_FR_72043 80 FR 71822 - 30-Day Notice of Proposed Information Collection: Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary

80 FR 71822 - 30-Day Notice of Proposed Information Collection: Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 221 (November 17, 2015)

Page Range71822-71823
FR Document2015-29332

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.

Federal Register, Volume 80 Issue 221 (Tuesday, November 17, 2015)
[Federal Register Volume 80, Number 221 (Tuesday, November 17, 2015)]
[Notices]
[Pages 71822-71823]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-29332]


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

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5831-N-56]


30-Day Notice of Proposed Information Collection: Legal 
Instructions Concerning Applications for Full Insurance Benefits--
Assignment of Multifamily Mortgages to the Secretary

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: December 17, 2015

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: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax: 202-395-5806. Email: [email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QMAC, 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.

[[Page 71823]]

    The Federal Register notice that solicited public comment on the 
information collection for a period of 60 days was published on 
September 10, 2015 at 80 FR 54587.

A. Overview of Information Collection

    Title of Information Collection: Legal Instructions Concerning 
Applications for Full Insurance Benefits--Assignment of Multifamily 
Mortgage to the Secretary.
    OMB Approval Number: 2510-0006.
    Type of Request: Extension of a currently approved collection.
    Form Number: N/A.
    Description of the need for the information and proposed use: 
Mortgagees of HUD-insured mortgages may receive mortgage insurance 
benefits upon assignment of mortgages to HUD. In connection with the 
assignment, legal documents (e.g., mortgage, mortgage note, security 
agreement, title insurance policiy) must be submitted to the 
Department. The instructions contained in the Legal Instructions 
Concerning Applications for Full Insurance Benefits--Assigment of 
Multifamily Mortgage describe the documents to be submitted and the 
procedures for submission.
    The Legal Instructions Concerning Applications for Full Insurance 
Benefits--Assigment of Multifamily Mortgage, in its current form and 
structure, can be found at http://intraportal.hud.gov/hudportal/documents/huddoc?id=leginstrfullinsben.pdf.
    HUD proposes to make the following revisions to this document:
    Under Part B, Submissions of Legal Documents after Recordation of 
Assignment, HUD proposes to add a new paragraphs 12 and 13 to read as 
follows:

    12. Flood Insurance. If all or part of the building(s) included 
within the project are in a Special Flood Hazard Area (SFHA), 
acceptable proof of flood insurance coverage. This can be either the 
original flood insurance policy covering the building(s), a copy of 
the Flood Insurance Application and premium payment, a copy of the 
declarations page, or evidence of flood insurance, comprising flood 
insurance coverage equal to the lesser of the insurable value of the 
building(s) or the maximum amount of coverage available for that 
type of property under the National Flood Insurance Program 
(``NFIP'') (see www.fema.gov/business/nfip/manual.shtm). The flood 
insurance should name the mortgagee and the Secretary of Housing and 
Urban Development of Washington, DC, his/her successors and assigns 
as mortgagee and loss payee respectively. The flood insurance must 
be in effect at least through 11:59 p.m. on the date on which the 
assignment of mortgage is recorded. In addition, if the mortgagee 
submits evidence of flood insurance, the mortgagee must submit an 
affidavit that contains the following language and is otherwise 
acceptable to HUD:
    [Insert name of the mortgagee] affirms under penalty of law that 
the [describe flood insurance policy by name of insurance company or 
producer and policy number] described in the [Evidence of Insurance 
or other document name, as applicable] is in full force and effect 
and names the Secretary of Housing and Urban Development, of 
Washington, DC, his/her successors and assigns, 451 Seventh Street 
SW., Room 9230, Washington, DC 20410-0500 as loss payee as of 
[insert the date of assignment].
    The effective date of this endorsement and mortgagee's 
affidavit, if applicable, should be the date the assignment of 
mortgage to the Secretary is filed for record. The evidence of flood 
insurance is acceptable if it contains language to the effect that 
it is for informational purposes only and does not confer rights 
upon the holder of the policy only if accompanied by the mortgagee's 
affidavit. A Certificate of Insurance is not acceptable.
    13. An assignment of the mortgagee's interest in the flood 
insurance policy should state the following:
    The interest of ____, as the Mortgagee under Policy No. ____ 
issued by ____ is hereby assigned to the Secretary of Housing and 
Urban Development of Washington, DC, his/her successors and assigns. 
Date: ___

    Existing paragraphs 12 through 16 would be unchanged except for 
being redesignated paragraaphs 14 through 18.
    Agency form numbers, if applicable: N/A.
    Members of affected public: Mortgagees when applying for insurance 
benefits from HUD.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

----------------------------------------------------------------------------------------------------------------
                                                                                 Frequency  of     Total burden
                    Number of respondents                        Burden hours       response          hours
----------------------------------------------------------------------------------------------------------------
359..........................................................              26                1            9,334
----------------------------------------------------------------------------------------------------------------

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.

    C. Authority: 12 U.S.C. 1701z-1 Research and Demonstrations.

    Dated: November 10, 2015.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2015-29332 Filed 11-16-15; 8:45 am]
BILLING CODE 4210-67-P



                                                  71822                      Federal Register / Vol. 80, No. 221 / Tuesday, November 17, 2015 / Notices

                                                  Improvements. This alternative would                    Need for the EIS                                      Climate Change; Public Health;
                                                  also achieve the flood protection                          The Proposed Action described above                Neighborhood Character; Construction;
                                                  objectives of the Proposed Action, but                  has the potential to significantly affect             and Cumulative Effects.
                                                  would provide additional park                                                                                   Questions may be directed to the
                                                                                                          the quality of the environment and an
                                                  amenities and neighborhood                                                                                    individual named in this notice under
                                                                                                          EIS will therefore be prepared in
                                                  connections including a meandering                                                                            the heading FOR FURTHER INFORMATION
                                                                                                          accordance with the requirements of
                                                  bikeway and walkway, redesign of                                                                              CONTACT.
                                                                                                          NEPA, SEQRA, and CEQR. Responses to
                                                  several pedestrian bridges, and more                    this notice will be used to (1) determine               Dated: November 13, 2015.
                                                  extensive landscaped features in East                   significant environmental issues; (2)                 Harriet Tregoning,
                                                  River Park. It would also include the                   assist in developing a range of                       Principal Deputy Assistant, Secretary for
                                                  reconstruction of Stuyvesant Cove Park.                 alternatives to be considered; (3)                    Community Planning and Development.
                                                  Key elements of this alternative include                identify issues that the EIS should                   [FR Doc. 2015–29464 Filed 11–16–15; 8:45 am]
                                                  enhancing the pedestrian bridges at                     address; and (4) identify agencies and                BILLING CODE 4210–67–P
                                                  Delancey, East 6th, and East 10th                       other parties that will participate in the
                                                  Streets.                                                EIS process and the basis for their
                                                     Alternatives will continue to be                     involvement.                                          DEPARTMENT OF HOUSING AND
                                                  developed and refined during the EIS                                                                          URBAN DEVELOPMENT
                                                  scoping process with input and                          Scoping
                                                                                                                                                                [Docket No. FR–5831–N–56]
                                                  consultation from local, state, and                        A joint NEPA/SEQRA/CEQR public
                                                  federal agencies that are either involved,              scoping meeting on the Draft Scope of                 30-Day Notice of Proposed Information
                                                  interested, or cooperating in this                      Work to prepare the Draft EIS will be                 Collection: Legal Instructions
                                                  environmental review process. These                     held on December 3, 2015 at 7:00 p.m.                 Concerning Applications for Full
                                                  agencies include, but are not limited to,               at Bard High School Early College, 525                Insurance Benefits—Assignment of
                                                  the New York City Departments of                        East Houston Street, New York, NY                     Multifamily Mortgages to the Secretary
                                                  Transportation and Environmental                        10002. As noted above, the Draft Scope
                                                  Protection, the New York State                          of Work is available online at: http://               AGENCY:  Office of the Chief Information
                                                  Departments of Transportation and                       www.nyc.gov/html/cdbg/html/home/                      Officer, HUD.
                                                  Environmental Conservation, and the                     home.shtml. The public scoping                        ACTION: Notice.
                                                  U.S. Army Corps of Engineers along                      meeting location will be accessible to
                                                  with input provided by non-agency                                                                             SUMMARY:   HUD has submitted the
                                                                                                          the mobility-impaired. Interpreter                    proposed information collection
                                                  stakeholders and the general public. It is              services will be available for the hearing
                                                  expected that each of the alternatives                                                                        requirement described below to the
                                                                                                          or visually impaired upon advance                     Office of Management and Budget
                                                  selected for analysis in the Draft EIS                  request. The EIS public scoping meeting
                                                  will include the essential flood                                                                              (OMB) for review, in accordance with
                                                                                                          will provide an opportunity for the                   the Paperwork Reduction Act. The
                                                  protection measures described above, in                 public to learn more about the Proposed
                                                  differing configurations, and with                                                                            purpose of this notice is to allow for an
                                                                                                          Action and provide input to the                       additional 30 days of public comment.
                                                  alternative approaches to upland                        environmental review process. At the
                                                  drainage, providing park enhancements                                                                         DATES: Comments Due Date: December
                                                                                                          meeting, an overview of the Proposed
                                                  and neighborhood connectivity. Each                                                                           17, 2015
                                                                                                          Action and its alternatives will be
                                                  alternative will also incorporate                       presented and members of the public                   ADDRESSES: Interested persons are
                                                  approaches for managing upland                          will be invited to comment on the Draft               invited to submit comments regarding
                                                  drainage, including infrastructure                      Scope of Work, including the                          this proposal. Comments should refer to
                                                  improvements that would address                         methodologies to be used in developing                the proposal by name and/or OMB
                                                  combined sanitary and stormwater                        the environmental analyses in the EIS.                Control Number and should be sent to:
                                                  drainage and maintain sewer system                      Written comments and testimony                        HUD Desk Officer, Office of
                                                  operations during a storm event.                        concerning the Draft Scope of Work will               Management and Budget, New
                                                                                                          be accepted at this meeting. In                       Executive Office Building, Washington,
                                                  Elements Common to Proposed Action                                                                            DC 20503; fax: 202–395–5806. Email:
                                                  Alternatives                                            accordance with 40 CFR 1501.7, affected
                                                                                                          Federal, State, and local agencies, any               OIRA_Submission@omb.eop.gov.
                                                     Each of the Proposed Action                          affected Indian tribes, and other                     FOR FURTHER INFORMATION CONTACT:
                                                  alternatives would also require water                   interested parties will be sent a scoping             Colette Pollard, Reports Management
                                                  main, sewer, and utility relocations and                notice. In accordance with 24 CFR                     Officer, QMAC, Department of Housing
                                                  drainage improvements, an operations                    58.59, the scoping meeting will be                    and Urban Development, 451 7th Street
                                                  and maintenance plan, utility and                       preceded by a notice of public meeting                SW., Washington, DC 20410; email
                                                  lighting plans, connections to other                    published in the local news media at                  Colette Pollard at Colette.Pollard@
                                                  flood protection structures (e.g., the                  least 15 days before the hearing date.                hud.gov or telephone 202–402–3400.
                                                  protection systems at the Con Edison                                                                          This is not a toll-free number. Persons
                                                  East River Generating Facility and the                  Probable Environmental Effects                        with hearing or speech impairments
                                                  United States Department of Veterans                      The EIS will evaluate potential effects             may access this number through TTY by
                                                  Affairs Medical Center on East 23rd                     from the Proposed Action on: Land Use,                calling the toll-free Federal Relay
                                                                                                                                                                Service at (800) 877–8339. Copies of
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  Street), and the repair and replacement                 Zoning, and Public Policy;
                                                  of parkland and streets affected by                     Socioeconomic Conditions;                             available documents submitted to OMB
                                                  construction. Construction activities                   Environmental Justice; Open Space;                    may be obtained from Ms. Pollard.
                                                  may also require improvements to                        Historic and Cultural Resources; Urban                SUPPLEMENTARY INFORMATION: This
                                                  waterfront structures, temporary                        Design and Visual Resources; Natural                  notice informs the public that HUD is
                                                  mooring facilities, and limited dredging                Resources; Hazardous Materials; Water                 seeking approval from OMB for the
                                                  along the East River to provide barge                   and Sewer Infrastructure;                             information collection described in
                                                  access during construction.                             Transportation; Greenhouse Gases and                  Section A.


                                             VerDate Sep<11>2014   18:14 Nov 16, 2015   Jkt 238001   PO 00000   Frm 00053   Fmt 4703   Sfmt 4703   E:\FR\FM\17NON1.SGM   17NON1


                                                                                       Federal Register / Vol. 80, No. 221 / Tuesday, November 17, 2015 / Notices                                                                              71823

                                                    The Federal Register notice that                                           documents/huddoc?id=leginstrfull                                          other document name, as applicable] is in
                                                  solicited public comment on the                                              insben.pdf.                                                               full force and effect and names the Secretary
                                                  information collection for a period of 60                                      HUD proposes to make the following                                      of Housing and Urban Development, of
                                                  days was published on September 10,                                          revisions to this document:                                               Washington, DC, his/her successors and
                                                                                                                                 Under Part B, Submissions of Legal                                      assigns, 451 Seventh Street SW., Room 9230,
                                                  2015 at 80 FR 54587.                                                                                                                                   Washington, DC 20410–0500 as loss payee as
                                                                                                                               Documents after Recordation of
                                                  A. Overview of Information Collection                                                                                                                  of [insert the date of assignment].
                                                                                                                               Assignment, HUD proposes to add a                                            The effective date of this endorsement and
                                                     Title of Information Collection: Legal                                    new paragraphs 12 and 13 to read as                                       mortgagee’s affidavit, if applicable, should be
                                                  Instructions Concerning Applications                                         follows:                                                                  the date the assignment of mortgage to the
                                                  for Full Insurance Benefits—Assignment                                          12. Flood Insurance. If all or part of the                             Secretary is filed for record. The evidence of
                                                  of Multifamily Mortgage to the                                               building(s) included within the project are in                            flood insurance is acceptable if it contains
                                                  Secretary.                                                                   a Special Flood Hazard Area (SFHA),                                       language to the effect that it is for
                                                                                                                               acceptable proof of flood insurance coverage.                             informational purposes only and does not
                                                     OMB Approval Number: 2510–0006.
                                                                                                                               This can be either the original flood                                     confer rights upon the holder of the policy
                                                     Type of Request: Extension of a                                           insurance policy covering the building(s), a                              only if accompanied by the mortgagee’s
                                                  currently approved collection.                                               copy of the Flood Insurance Application and                               affidavit. A Certificate of Insurance is not
                                                     Form Number: N/A.                                                         premium payment, a copy of the declarations                               acceptable.
                                                     Description of the need for the                                           page, or evidence of flood insurance,                                        13. An assignment of the mortgagee’s
                                                  information and proposed use:                                                comprising flood insurance coverage equal to                              interest in the flood insurance policy should
                                                  Mortgagees of HUD-insured mortgages                                          the lesser of the insurable value of the                                  state the following:
                                                  may receive mortgage insurance benefits                                      building(s) or the maximum amount of                                         The interest of llll, as the Mortgagee
                                                                                                                               coverage available for that type of property                              under Policy No. lllli issued by lll
                                                  upon assignment of mortgages to HUD.                                         under the National Flood Insurance Program                                li is hereby assigned to the Secretary of
                                                  In connection with the assignment, legal                                     (‘‘NFIP’’) (see www.fema.gov/business/nfip/                               Housing and Urban Development of
                                                  documents (e.g., mortgage, mortgage                                          manual.shtm). The flood insurance should                                  Washington, DC, his/her successors and
                                                  note, security agreement, title insurance                                    name the mortgagee and the Secretary of                                   assigns. Date: lll
                                                  policiy) must be submitted to the                                            Housing and Urban Development of
                                                  Department. The instructions contained                                       Washington, DC, his/her successors and                                      Existing paragraphs 12 through 16
                                                  in the Legal Instructions Concerning                                         assigns as mortgagee and loss payee                                       would be unchanged except for being
                                                                                                                               respectively. The flood insurance must be in                              redesignated paragraaphs 14 through 18.
                                                  Applications for Full Insurance                                              effect at least through 11:59 p.m. on the date
                                                  Benefits—Assigment of Multifamily                                                                                                                        Agency form numbers, if applicable:
                                                                                                                               on which the assignment of mortgage is
                                                  Mortgage describe the documents to be                                        recorded. In addition, if the mortgagee                                   N/A.
                                                  submitted and the procedures for                                             submits evidence of flood insurance, the                                    Members of affected public:
                                                  submission.                                                                  mortgagee must submit an affidavit that                                   Mortgagees when applying for insurance
                                                     The Legal Instructions Concerning                                         contains the following language and is                                    benefits from HUD.
                                                  Applications for Full Insurance                                              otherwise acceptable to HUD:
                                                                                                                                                                                                           Estimation of the total numbers of
                                                                                                                                  [Insert name of the mortgagee] affirms
                                                  Benefits—Assigment of Multifamily                                            under penalty of law that the [describe flood                             hours needed to prepare the information
                                                  Mortgage, in its current form and                                            insurance policy by name of insurance                                     collection including number of
                                                  structure, can be found at http://                                           company or producer and policy number]                                    respondents, frequency of response, and
                                                  intraportal.hud.gov/hudportal/                                               described in the [Evidence of Insurance or                                hours of response:

                                                                                                                                                                                                                          Frequency       Total burden
                                                                                                        Number of respondents                                                                           Burden hours      of response        hours

                                                  359 ...............................................................................................................................................       26                1              9,334



                                                  B. Solicitation of Public Comment                                            information technology, e.g., permitting                                  DEPARTMENT OF HOUSING AND
                                                                                                                               electronic submission of responses.                                       URBAN DEVELOPMENT
                                                     This notice is soliciting comments
                                                  from members of the public and affected                                        HUD encourages interested parties to
                                                  parties concerning the collection of                                         submit comment in response to these                                       [Docket No. FR–5830–N–08]
                                                  information described in Section A on                                        questions.
                                                  the following:                                                                                                                                         60 Day Notice of Proposed Information
                                                                                                                                 C. Authority: 12 U.S.C. 1701z–1 Research                                Collection: Comment Request; Notice
                                                     (1) Whether the proposed collection                                       and Demonstrations.                                                       of Application for Designation as a
                                                  of information is necessary for the                                            Dated: November 10, 2015.                                               Single Family Foreclosure
                                                  proper performance of the functions of                                                                                                                 Commissioner
                                                  the agency, including whether the                                            Colette Pollard,
                                                  information will have practical utility;                                     Department Reports Management Officer,                                    AGENCY:   Office of the General Counsel,
                                                                                                                               Office of the Chief Information Officer.
                                                     (2) The accuracy of the agency’s                                                                                                                    HUD.
                                                  estimate of the burden of the proposed                                       [FR Doc. 2015–29332 Filed 11–16–15; 8:45 am]
                                                                                                                                                                                                         ACTION:   Notice.
                                                  collection of information;                                                   BILLING CODE 4210–67–P

                                                     (3) Ways to enhance the quality,
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                                                                                                                                                                         SUMMARY:   HUD is seeking approval from
                                                  utility, and clarity of the information to                                                                                                             the Office of Management and Budget
                                                  be collected; and                                                                                                                                      (OMB) for the information collection
                                                     (4) Ways to minimize the burden of                                                                                                                  described below. In accordance with the
                                                  the collection of information on those                                                                                                                 Paperwork Reduction Act, HUD is
                                                  who are to respond; including through                                                                                                                  requesting comment from all interested
                                                  the use of appropriate automated                                                                                                                       parties on the proposed collection of
                                                  collection techniques or other forms of                                                                                                                information. The purpose of this notice


                                             VerDate Sep<11>2014          18:14 Nov 16, 2015          Jkt 238001       PO 00000       Frm 00054        Fmt 4703       Sfmt 4703        E:\FR\FM\17NON1.SGM       17NON1



Document Created: 2015-12-14 14:01:10
Document Modified: 2015-12-14 14:01:10
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
ContactColette Pollard, Reports Management Officer, QMAC, 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.
FR Citation80 FR 71822 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR