Submission for OMB Review: Request for Release of Documents, ACH Debit Authorization, Master Agreements for Servicer's P&I Custodial Account, Servicer's Escrow Account

[Federal Register Volume 64, Number 143 (Tuesday, July 27, 1999)]
[Notices]
[Pages 40614-40615]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-19136]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4441-N-39]


Submission for OMB Review: Request for Release of Documents, ACH 
Debit Authorization, Master Agreements for Servicer's P&I Custodial 
Account, Servicer's Escrow Account

AGENCY: Office of Assistant Secretary for Administration, HUD.

ACTION: Notice.

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SUMMARY: This forms are used to provide Ginnie Mae evidence of an 
agreement between the issuer, banking institution, document custodian 
and Central Paying and Transfer Agent's responsibilities to maintain 
P&I and Escrow funds to pay securities holders.

DATES: Comments Due Date: August 26, 1999.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2503-0017) and should be sent to: Joseph F. Lackey, 
Jr., OMB Desk Officer, Office of Management and Budget, Room 10235, New 
Executive Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Wayne Eddins, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street, 
Southwest, Washington, DC 20410, telephone (202) 708-2374. This is not 
a toll-free number. Copies of the proposed forms and other available 
documents submitted to OMB may be obtained from Mr. Eddins.

SUPPLEMENTARY INFORMATION: The Department has submitted the proposal 
for the collection of information, as described below, to OMB for 
review, as required by the Paperwork Reduction Act (44 U.S.C. Chapter 
35). The Notice lists the following information: (1) the title of the 
information collection proposal; (2) the office of the agency to 
collect the information; (3) the OMB approval number, if applicable; 
(4) the description of the need for the information and its proposed 
use; (5) the agency form number, if applicable; (6) what members of the 
public will be affected by the proposal; (7) how frequently information 
submissions will be required; (8) an estimate of the total number of 
hours needed to prepare the information submission including number of 
respondents, frequency of response, and hours of response; (9) whether 
the proposal is new, an extension, reinstatement, or revision of an 
information collection requirement; and (10) the names and telephone 
numbers of an agency official familiar with the proposal and of the OMB 
Desk Officer for the Department.

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

    Dated: July 20, 1999.
David S. Cristy,
Director, IRM Policy and Management Division.

Notice of Submission of Proposed Information Collection to OMB

    Title of Proposal: Commitment to Guarantee Mortgage-Backed 
Securities.
    Office: Government National Mortgage Association.
    OMB Approval Number: 2503-0017.
    Description of the Need for the Information and Its Proposed Use: 
This

[[Page 40615]]

forms are used to provide Ginnie mae evidence of an agreement between 
the issuer, banking institution, document custodian and Central Paying 
and Transfer Agent's responsibilities to maintain P&I and Escrow funds 
to pay securities holders.
    Form Number: HUD-11708, 11709, 11709-A, 11715 and 11720.
    Respondents: Business or Other For-Profit and the Federal 
Government.
    Frequency of Submission: Annually.
    Reporting Burden:

----------------------------------------------------------------------------------------------------------------
                                   Number of            Frequency of           Hours per
                                  respondents     x       response      x       response      =    Burden hours
----------------------------------------------------------------------------------------------------------------
Information Collection........             556                     1                   .07                   39
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    Total Estimated Burden Hours: 39.
    Status: Extension.
    Contact: Sonya K. Suarez, HUD, (202) 708-2772, Joseph F. Lackey, 
Jr., OMB, (202) 395-7316
[FR Doc. 99-19136 Filed 7-26-99; 8:45 am]
BILLING CODE 4210-01-M