82 FR 8947 - 30-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 82, Issue 20 (February 1, 2017)

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 30 days of public comment.

[Federal Register Volume 82, Number 20 (Wednesday, February 1, 2017)]
[Notices]
[Pages 8947-8948]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-02144]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5997-N-06]


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

AGENCY: Office of the Chief Information Officer, 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 30 days of public comment.

DATES: Comments Due Date: March 3, 2017.

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: OIRA [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 [email protected], or 
telephone 202-402-3400. This is not a toll-free number. Person 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.
    The Federal Register notice that solicited public comment on the 
information collection for a period of 60 days was published on 
September 26, 2016 at 81 FR 66072.

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.
    Form Number: 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: (i.e. affected public): 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 Burden: 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 practical utility;

[[Page 8948]]

    (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

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

    Dated: January 18, 2017.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2017-02144 Filed 1-31-17; 8:45 am]
 BILLING CODE 4210-67-P