83 FR 40313 - 30-Day Notice of Proposed Information Collection: Single Family Premium Collection Subsystem-Periodic (SFPCS)

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 83, Issue 157 (August 14, 2018)

HUD 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 30 days of public comment.

[Federal Register Volume 83, Number 157 (Tuesday, August 14, 2018)]
[Notices]
[Pages 40313-40314]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-17445]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7001-N-39]


30-Day Notice of Proposed Information Collection: Single Family 
Premium Collection Subsystem-Periodic (SFPCS)

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD 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 30 days of public comment.

DATES: Comments Due Date: September 13, 2018.

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: Inez C. Downs, Reports Management 
Officer, QMAC, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email [email protected], or 
telephone 202-402-8046. 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. Downs.

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 
April 27, 2018 at 83 FR 18587.

A. Overview of Information Collection

    Title of Information Collection: Single Family Premium Collection 
Subsystem-Periodic (SFPCS).
    OMB Approved Number: 2502-0536.
    Type of Request: Extension of currently approved collection.
    Form Number: None.
    Description of the Need for the Information and Proposed Use: The 
Single Family Premium Collection Subsystem-Periodic (SFPCS-P) allows 
the lenders to remit the Periodic Mortgagee Insurance using funds 
obtained from the mortgagor during the collection of the monthly 
mortgage payment. The SFPCS-P strengthens HUD's ability to manage and 
process periodic single-family mortgage insurance premium collections 
and corrections to submitted data. It also improves data integrity for 
the Single-Family Mortgage Insurance Program. Therefore, the FHA 
approved lenders use the automated Clearing House (ACH) application for 
all transmissions with SFPCS-P. The authority for this collection of 
information is specified in 24 CFR 203.264 AND 24 CFR 203.269. In 
general, the lenders use the ACH application to remit the periodic 
premium payments through SFPCS-P for the required FHA insured cases and 
to comply with the Credit Reform Act.
    Respondents (i.e., Affected Public): Business or other for-profit.
    Estimated Number of Respondents: 641.
    Estimated Number of Responses: 7,692.
    Frequency of Response: 12.
    Average Hours per Response: 0.15.
    Total Estimated Burdens: 1,153.80.

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

[[Page 40314]]

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: August 8, 2018.
Inez C. Downs,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2018-17445 Filed 8-13-18; 8:45 am]
BILLING CODE 4210-67-P