[Federal Register: August 26, 2004 (Volume 69, Number 165)]
[Notices]
[Page 52516-52518]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26au04-66]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4907-N-27]
Notice of Proposed Information Collection: Comment Request;
Application for Approval--FHA Lender and/or Ginnie Mae Mortgage-Backed
Securities Issuer Branch Office Notification--Title I/Title II
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: The proposed information collection requirement described
below will be submitted to the Office of Management and Budget (OMB)
for review, as required by the Paperwork
[[Page 52517]]
Reduction Act. The Department is soliciting public comments on the
subject proposal.
DATES: Comments Due Date: October 25, 2004.
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: Wayne Eddins, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street,
SW., L'Enfant Plaza Building, Room 8003, Washington, DC 20410 or
Wayne_Eddins@hud.gov.
FOR FURTHER INFORMATION CONTACT: Phillip A. Murray, Director, Office of
Lender Activities, Assistant Secretary for Housing, Department of
Housing and Urban Development, 451 7th Street SW., Washington, DC
20410, telephone (202) 708-1515 (this is not a toll free number) for
copies of the proposed forms and other available information.
SUPPLEMENTARY INFORMATION: The Department is submitting the proposed
information collection to OMB for review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
This Notice is soliciting comments from members of the public and
affected agencies concerning the proposed collection of information to:
(1) Evaluate whether the proposed collection ins necessary for the
proper performance of the functions of the agency, including whether
the information will have practical utility; (2) evaluate the accuracy
of the agency's estimate of the burden of the proposed collection of
information; (3) enhance the quality, utility, and clarity of the
information to be collected; and (4) 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.
This Notice also lists the following information:
Title of Proposal: Application for Approval--FHA Lender and/or
Ginnie Mae Mortgage-Backed Securities Issuer Branch Office
Notification--Title I/Title II.
OMB Control Number, if applicable: 2502-0005.
Description of the need for the information and proposed use: The
Federal Housing Administration (FHA) and the Government National
Mortgage Association (Ginnie Mae) of the Department of Housing and
Urban Development approve entities to participate as Title I lenders,
Title II mortgagees, and the Ginnie Mae mortgage-backed securities
issuers. Specific information must be obtained and reviewed to
determine if an entity meets the criteria to obtain the requested
approval. In addition, this submission covers subsequent information
required by FHA in order for entities to maintain their approval,
update information previously submitted on the entity, report any non-
compliance, and voluntarily terminate their FHA approval.
Agency form numbers, if applicable: HUD-11701 and HUD-92001-B.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response:
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Number of
Item No. Information expected Total annual Hours per Total annual
collection respondents responses response hours
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1.......................... HUD-11701 2,000 2,000 2.00 4,000
Application for
FHA Approval, by
paper (including
attachments).
1.......................... Annual Verification 11,500 11,500 .10 1,150
Report by all
approved lenders
(by paper).
1.......................... HUD-11701 .............. 50 1.25 63
Application for
Ginnie Mae
Approval, by paper
(including
attachments).
2.......................... HUD-92100-B. .............. 1,500 .50 750
Application for
New Branch by loan
correspondents, by
paper (including
attachments).
3.......................... Electronic .............. 2,500 .10 250
Registration of
New Branch by
Mortgagees via FHA
Connection.
4.......................... Electronic .............. 3,000 .05 150
Termination of
Existing Branch by
all lenders via
FHA Connection.
5.......................... Cover Sheet for .............. 200 .05 10
Application Fee or
Conversion of
Mortgagee Type for
Title I Approval
(by paper).
5.......................... Cover Sheet for .............. 1,800 .05 90
Application Fee or
Conversion of
Mortgagee Type for
Title II Approval
(by paper).
5.......................... Application Fee for .............. 4,000 .05 200
Branch
registration
electronically or
request for
approval in paper
using HUD 92001-B.
7.......................... Non-Address .............. 600 .50 300
Business Change
Notification (by
paper).
8.......................... Address Updates via .............. 3,000 .25 750
FHA Connection.
9.......................... Personnel Change .............. 1,000 .50 500
Notification of
new owners,
officers,
directors or
partners (by
paper).
10......................... Non-Compliance .............. 600 1.00 600
Notification
pursuant to Lender
Quality Control
Plans (by paper).
11......................... Voluntary .............. 500 .25 125
Termination by a
Lender (by letter).
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Total.................. ................... 13,500 32,250 .............. 8,938
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[[Page 52518]]
Status of the proposed information collection: Revision of a
currently approved collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.,
Chapter 35, as amended.
Dated: August 18, 2004.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing, Deputy Federal Housing
Commissioner.
[FR Doc. 04-19492 Filed 8-25-04; 8:45 am]
BILLING CODE 4210-27-M