81 FR 66072 - 60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations, Assumptions and Transfers

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 81, Issue 186 (September 26, 2016)

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.

[Federal Register Volume 81, Number 186 (Monday, September 26, 2016)]
[Notices]
[Pages 66072-66073]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23001]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5913-N-30]


60-Day Notice of Proposed Information Collection: FHA-Insured 
Mortgage Loan Servicing of Payments, Prepayments, Terminations, 
Assumptions and Transfers

AGENCY: Office of the Assistant Secretary for Housing- Federal Housing 
Commissioner, HUD.

ACTION: Notice.

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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 60 days of public comment.

DATES: Comments Due Date: November 25, 2016.

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 
[email protected] 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 toll-free Federal Relay 
Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT: Ivery W. Himes, Director, Office of 
Single Family Asset Management, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410; email Ivery W. 
Himes at [email protected] or telephone 202-708-1672, option 3. 
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. Himes.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

A. Overview of Information Collection

    Title of Information Collection: FHA-Insured Mortgage Loan 
Servicing of Payments, Prepayments, Terminations, Assumptions and 
Transfers.
    OMB Approval Number: 2502-0595.
    Type of Request: Revision of currently approved collection.
    Form Numbers: HUD-92210.1, Approval of Purchaser and Release of 
Seller,
    HUD-922210, Request for Credit Approval of Substitute Mortgagor.
    Description of the need for the information and proposed use:
    FHA insurance is an important source of mortgage credit for low and 
moderate-income borrowers. It is essential that the Federal Housing 
Administration (FHA) maintain a healthy mortgage insurance fund through 
premiums charged to the borrower by FHA. Providing policy and guidance 
to the single family housing mortgage industry regarding changes in 
FHA's program is essential to protect the fund. The information 
requests referred to in this PRA submission is to provide information 
to support HUD's policy and guidance.
    Respondents: Servicers of FHA-insured mortgages.
    Estimated Number of Respondents: 357.
    Estimated Number of Responses: 97,254,206.
    Frequency of Response: On occasion.
    Average Hours per Response: 15 minutes to 3 hours depending on the 
activity.
    Total Estimated Burdens: 67,964 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

[[Page 66073]]

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.

    Authority:  Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35.

    Dated: September 20, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary for Housing Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2016-23001 Filed 9-23-16; 8:45 am]
 BILLING CODE 4210-67-P