83 FR 60440 - 60-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 83, Issue 227 (November 26, 2018)

Page Range		60440-60441
FR Document		2018-25656

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 Issue 227 (Monday, November 26, 2018)

[Federal Register Volume 83, Number 227 (Monday, November 26, 2018)]
[Notices]
[Pages 60440-60441]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2018-25656]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7000-N-02]

60-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 General Counsel, 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 25, 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: Nacheshia Foxx, Reports Liaison
Officer, Department of Housing and Urban Development, 451 Seventh
Street SW, Room 10276, Washington, DC 20410-0500.

FOR FURTHER INFORMATION CONTACT: Arnette Georges, Assistant General
Counsel for Multifamily Mortgage Division, Office of General Counsel,
Department of Housing and Urban Development, 451 7th Street SW, Room
9230, Washington, DC 20410-0500 telephone 202-402-3826. 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. Foxx.

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: 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 FHA-insured mortgages may receive mortgage insurance
benefits upon assignment of mortgages to the Secretary. In connection
with the assignment, legal documents (e.g., mortgage, mortgage note,
security agreement, title insurance policy) 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 https://www.hud.gov/sites/documents/LEGINSTRFULLINSBEN.PDF.
HUD proposes to revise this document to reflect changes in the
multifamily rental and healthcare programs since 2011, address physical
documentation requirements for electronic UCC filings, update
instructions for Section 232-insured loans that were processed under
LEAN and/or portfolio structures, and other clarifying changes to
reflect current HUD requiments and policies, as well as current
practices in real estate, title insurance and mortgage financing
transactions.
Agency Form Numbers, if Applicable: N/A.
Members of Affected Public: FHA-approved Mortgagees who have or
will have multifamily rental or healthcare loans.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response:

----------------------------------------------------------------------------------------------------------------
Total burden
Number of respondents Burden hours Frequency of response hours
----------------------------------------------------------------------------------------------------------------
110.......................................... 26 Occasion....................... 2,860
----------------------------------------------------------------------------------------------------------------

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;
(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 or
revising the physical documentions requirements for electronically
filed or issued response;
(5) Ways to reflect changes to the Security Instrument (HUD
94000M), which also serves as the Security Agreement;
(6) Ways to reflect bonds, master lease, or condominium structures
in multifamily rental projects;
(7) Ways to update the instructions for assigning non-traditional
loan documents (including LEAN-related documents) and acceptable
recording/assignment criteria; and
(8) Ways to update the instruactions to accommodate portfolio
structures and other changes in FHA's Healthcare Programs.

[[Page 60441]]

HUD encourages interested parties to submit comment in response to
these questions.

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

Dated: November 20, 2018.
Ariel Pereira,
Associate General Counsel for Legislation & Regulations.
[FR Doc. 2018-25656 Filed 11-23-18; 8:45 am]
BILLING CODE 4210-67-P

60440 Federal Register / Vol. 83, No. 227 / Monday, November 26, 2018 / Notices

Development, Washington, DC 20410– ADDRESSES: Interested persons are may receive mortgage insurance benefits
0050. invited to submit comments regarding upon assignment of mortgages to the
FOR FURTHER INFORMATION CONTACT:
this proposal. Comments should refer to Secretary. In connection with the
Persons desiring any further information the proposal by name and/or OMB assignment, legal documents (e.g.,
about the Performance Review Board Control Number and should be sent to: mortgage, mortgage note, security
and its members may contact Lynette Nacheshia Foxx, Reports Liaison agreement, title insurance policy) must
Warren, Director, Office of Executive Officer, Department of Housing and be submitted to the Department. The
Resources, Department of Housing and Urban Development, 451 Seventh Street instructions contained in the Legal
Urban Development, Washington, DC SW, Room 10276, Washington, DC Instructions Concerning Applications
20410. Telephone (202) 708–1381. (This 20410–0500. for Full Insurance Benefits—Assigment
is not a toll-free number). FOR FURTHER INFORMATION CONTACT: of Multifamily Mortgage describe the
Arnette Georges, Assistant General documents to be submitted and the
Dated: November 19, 2018. procedures for submission.
Counsel for Multifamily Mortgage
Pamela H. Patenaude, Division, Office of General Counsel, The Legal Instructions Concerning
Deputy Secretary. Department of Housing and Urban Applications for Full Insurance
[FR Doc. 2018–25648 Filed 11–23–18; 8:45 am] Development, 451 7th Street SW, Room Benefits—Assigment of Multifamily
BILLING CODE 4210–67–P 9230, Washington, DC 20410–0500 Mortgage, in its current form and
telephone 202–402–3826. This is not a structure, can be found at https://
toll-free number. Persons with hearing www.hud.gov/sites/documents/
DEPARTMENT OF HOUSING AND or speech impairments may access this LEGINSTRFULLINSBEN.PDF.
URBAN DEVELOPMENT number through TTY by calling the toll- HUD proposes to revise this
[Docket No. FR–7000–N–02] free Federal Relay Service at (800) 877– document to reflect changes in the
8339. multifamily rental and healthcare
60-Day Notice of Proposed Information Copies of available documents programs since 2011, address physical
Collection: Legal Instructions submitted to OMB may be obtained documentation requirements for
Concerning Applications for Full from Ms. Foxx. electronic UCC filings, update
Insurance Benefits—Assignment of SUPPLEMENTARY INFORMATION: This instructions for Section 232-insured
Multifamily Mortgages to the Secretary notice informs the public that HUD is loans that were processed under LEAN
seeking approval from OMB for the and/or portfolio structures, and other
AGENCY: Office of the General Counsel, information collection described in clarifying changes to reflect current
HUD. Section A. HUD requiments and policies, as well as
ACTION: Notice. current practices in real estate, title
A. Overview of Information Collection insurance and mortgage financing
SUMMARY: HUD is seeking approval from Title of Information Collection: Legal transactions.
the Office of Management and Budget Instructions Concerning Applications Agency Form Numbers, if Applicable:
(OMB) for the information collection for Full Insurance Benefits—Assignment N/A.
described below. In accordance with the of Multifamily Mortgage to the Members of Affected Public: FHA-
Paperwork Reduction Act, HUD is Secretary. approved Mortgagees who have or will
requesting comment from all interested OMB Approval Number: 2510–0006. have multifamily rental or healthcare
parties on the proposed collection of Type of Request: Extension of a loans.
information. The purpose of this notice currently approved collection. Estimation of the total numbers of
is to allow for 60 days of public Form Number: N/A. hours needed to prepare the information
comment. Description of the Need for the collection including number of
DATES: Comments Due Date: January 25, Information and Proposed Use: respondents, frequency of response, and
2019. Mortgagees of FHA-insured mortgages hours of response:

Burden Total burden
Number of respondents Frequency of response
hours hours

110 ................................................................................ 26 Occasion ....................................................................... 2,860

B. Solicitation of Public Comment (3) Ways to enhance the quality, which also serves as the Security
utility, and clarity of the information to Agreement;
This notice is soliciting comments be collected;
from members of the public and affected (6) Ways to reflect bonds, master
parties concerning the collection of (4) Ways to minimize the burden of lease, or condominium structures in
information described in Section A on the collection of information on those multifamily rental projects;
the following: who are to respond; including through (7) Ways to update the instructions for
the use of appropriate automated assigning non-traditional loan
(1) Whether the proposed collection collection techniques or other forms of
of information is necessary for the documents (including LEAN-related
information technology, e.g., permitting documents) and acceptable recording/
proper performance of the functions of electronic submission of responses or
the agency, including whether the assignment criteria; and
revising the physical documentions
information will have practical utility; (8) Ways to update the instruactions
requirements for electronically filed or
(2) The accuracy of the agency’s to accommodate portfolio structures and
issued response;
estimate of the burden of the proposed other changes in FHA’s Healthcare
(5) Ways to reflect changes to the Programs.
collection of information; Security Instrument (HUD 94000M),

VerDate Sep<11>2014 17:28 Nov 23, 2018 Jkt 247001 PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 E:\FR\FM\26NON1.SGM 26NON1

$Federal Register / Vol. 83, No. 227 / Monday, November 26, 2018 / Notices 60441 HUD encourages interested parties to information. The purpose of this notice information collection described in submit comment in response to these is to allow for 30 days of public Section A. questions. comment. The Federal Register notice that Authority: 12 U.S.C. 1701z–1 Research DATES: Comments Due Date: December solicited public comment on the and Demonstrations. 26, 2018. information collection for a period of 60 Dated: November 20, 2018. ADDRESSES: Interested persons are days was published on August 27, 2018 invited to submit comments regarding at 83 FR 43700. Ariel Pereira, Associate General Counsel for Legislation & this proposal. Comments should refer to A. Overview of Information Collection Regulations. the proposal by name and/or OMB Control Number and should be sent to: Title of Information Collection: [FR Doc. 2018–25656 Filed 11–23–18; 8:45 am] HUD Desk Officer, Office of Neighborhood Stabilization Program 2 BILLING CODE 4210–67–P Reporting NSP2. Management and Budget, New Executive Office Building, Washington, OMB Approval Number: 2506–0185. DEPARTMENT OF HOUSING AND DC 20503; fax:202–395–5806, Email: Type of Request: Extension of URBAN DEVELOPMENT OIRA Submission@omb.eop.gov. currently approved collection. FOR FURTHER INFORMATION CONTACT: Form Number: N/A. [Docket No. FR–7001–N–57] Anna P. Guido, Reports Management Description of the Need for the Officer, QMAC, Department of Housing Information and Proposed Use: This 30-Day Notice of Proposed Information and Urban Development, 451 7th Street information describes the reporting and Collection: Neighborhood Stabilization SW, Washington, DC 20410; email Anna recordkeeping requirements of the Program 2 Reporting NSP2 P. Guido at Anna.P.Guido@hud.gov or Neighborhood Stabilization Program 2 AGENCY: Office of the Chief Information telephone 202–402–5535. This is not a (NSP2). The data required includes Officer, HUD. toll-free number. Person with hearing or program level, project level and ACTION: Notice. speech impairments may access this beneficiary level information collected number through TTY by calling the toll- and reported on by NSP2 grantees. The SUMMARY: HUD is seeking approval from free Federal Relay Service at (800) 877– data identifies who benefits from the the Office of Management and Budget 8339. Copies of available documents NSP2 program and how statutory (OMB) for the information collection submitted to OMB may be obtained requirement are satisfied. The described below. In accordance with the from Ms. Guido. respondents are State, local government, Paperwork Reduction Act, HUD is SUPPLEMENTARY INFORMATION: This non-profit and consortium applicants. requesting comment from all interested notice informs the public that HUD is Estimated Number of Respondents/ parties on the proposed collection of seeking approval from OMB for the Estimated Number of Responses: Total Hours Description of Number of Number of Total Cost per number of per Total cost information collection respondents responses hours response responses response Neighborhood Stabilization Program (Year 1) Online Quarterly Re- porting via DRGR ..... 56.00 4.00 224.00 4.00 896.00 36.24 32,471.04 DRGR voucher submis- sions ......................... 56.00 38.00 2,128.00 0.18 383.04 36.24 13,881.37 Total Paperwork Burden ............... 112.00 ........................ ........................ ........................ 1,279.04 36.24 46,352.41 (Year 2) Online Quarterly Re- porting via DRGR ..... 42.00 4.00 168.00 4.00 672.00 36.24 24,353.28 Quarterly Voucher Sub- missions .................... 42.00 38.00 1596.00 0.18 287.28 36.24 10,411.03 Annual Reporting via DRGR/IDIS ............... 14.00 1.00 14.00 3.00 42.00 36.24 1,522.08 Annual Income Certifi- cation Reporting ....... 14.00 1.00 14.00 3.00 42.00 36.24 1,522.08 Total Paperwork Burden ............... 112.00 ........................ ........................ ........................ 1,043.28 36.24 37,808.47 (Year 3) Online Quarterly Re- porting via DRGR ..... 22.00 4.00 88.00 4.00 352.00 36.24 12,756.48 Annual Reporting via DRGR/IDIS ............... 34.00 1.00 34.00 4.00 136.00 36.24 4,928.64 Quarterly Voucher Sub- missions .................... 22.00 4.00 88.00 0.20 17.60 36.24 637.82 Annual Income Certifi- cation Reporting ....... 34.00 1.00 34.00 3.00 102.00 36.24 3,696.48 VerDate Sep<11>2014 17:28 Nov 23, 2018 Jkt 247001 PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 E:\FR\FM\26NON1.SGM 26NON1$

Document Created: 2018-11-24 00:52:29
Document Modified: 2018-11-24 00:52:29

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Comments Due Date: January 25, 2019.
Contact		Arnette Georges, Assistant General Counsel for Multifamily Mortgage Division, Office of General Counsel, Department of Housing and Urban Development, 451 7th Street SW, Room 9230, Washington, DC 20410-0500 telephone 202-402-3826. 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.
FR Citation		83 FR 60440