83 FR 56093 - 60-Day Notice of Proposed Information Collection: Request for Termination of Multifamily Mortgage Insurance

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 83, Issue 218 (November 9, 2018)

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 83, Number 218 (Friday, November 9, 2018)]
[Notices]
[Pages 56093-56094]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-24488]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7005-N-23]


60-Day Notice of Proposed Information Collection: Request for 
Termination of Multifamily Mortgage Insurance

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: January 8, 2019.

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-

[[Page 56094]]

free Federal Relay Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT: Brian A. Murray, Acting Director, 
Office of Asset Management and Portfolio Oversight, Department of 
Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; 
email [email protected] or telephone (202) 402-2059. 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.

A. Overview of Information Collection

    Title of Information Collection: Insurance Termination Request for 
Multifamily Mortgage.
    OMB Approval Number: 2502-0416.
    OMB Expiration Date: January 31, 2019.
    Type of Request: Revision of currently approved collection.
    Form Number: 9807.
    Description of the need for the information and proposed use: This 
information collection is used for mortgagees to request HUD to 
terminate a mortgage insurance contract for an FHA-insured mortgage 
upon prepayment in full of the mortgage prior to its maturity date, or 
by an owner's and mortgagee's mutual agreement to voluntarily terminate 
the contract of mortgage insurance without a prepayment. Adjustments 
were necessary for the number of respondents and number of responses as 
the previous collection did not capture the correct information. This 
revision captures the correct information.
    Respondents (i.e. affected public): Business (mortgage lenders).
    Estimated Number of Respondents: 14,580.
    Estimated Number of Responses: 14,580.
    Frequency of Response: 1.
    Average Hours per Response: .25.
    Total Estimated Burdens: 3,645.

B. Solicitation of Public Comment

    This Notice is soliciting comments from members of the public and 
affected agencies 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 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: October 18, 2018.
Vance T. Morris,
Special Assistant to the Assistant Secretary for Housing--Federal 
Housing Commissioner.
[FR Doc. 2018-24488 Filed 11-8-18; 8:45 am]
 BILLING CODE 4210-67-P