[Federal Register Volume 75, Number 84 (Monday, May 3, 2010)]
[Notices]
[Page 23219]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-10190]


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DEPARTMENT OF AGRICULTURE

Farm Service Agency


Information Collection; Direct Loan Servicing--Special

AGENCY: Farm Service Agency, USDA.

ACTION: Notice; request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
Farm Service Agency (FSA) is seeking comments from all interested 
individuals and organizations on the extension with a revision of a 
currently approved information collection that supports Direct Loan 
Servicing-Special programs. The information is used in eligibility and 
feasibility determinations on borrower requests for disaster set-aside, 
primary loan servicing, buyout at market value, and homestead 
protection, as well as liquidation of security.

DATES: We will consider comments that we receive by July 2, 2010.

ADDRESSES: We invite you to submit comments on this notice. In your 
comments, include date, volume, and page number, the OMB control number 
and the title of the information collection of this issue of the 
Federal Register. You may submit comments by any of the following 
methods:
     Mail: J. Lee Nault, Loan Specialist, USDA/FSA/FLP, STOP 
0523, 1400 Independence Avenue, SW., Washington, DC 20250-0503.
     E-mail: [email protected].
     Fax: 202-690-0949.
    You may also send comments to the Desk Officer for Agriculture, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Washington, DC 20503. Copies of the information collection may 
be requested by contacting J. Lee Nault at the above address.

FOR FURTHER INFORMATION CONTACT: J. Lee Nault, Loan Specialist, Farm 
Service Agency, (202) 720-6834.

SUPPLEMENTARY INFORMATION:
    Title: (7 CFR part 766) Farm Loan Programs--Direct Loan Servicing--
Special.
    OMB Number: 0560-0233.
    Expiration Date: 11/30/2010.
    Type of Request: Extension of a currently approved information 
collection with a revision.
    Abstract: FSA's Farm Loan Programs provide loans to family farmers 
to purchase real estate and equipment and finance agricultural 
production. Direct Loan Servicing--Special, as specified in 7 CFR part 
766, provides the requirements for servicing financially distressed and 
delinquent direct loan borrowers. FSA's loan servicing options include 
disaster set-aside, primary loan servicing (including reamortization, 
rescheduling, deferral, write down and conservation contracts), buyout 
at market value, and homestead protection. FSA also services borrowers 
who file bankruptcy or liquidate security when available servicing 
options are not sufficient to produce a feasible plan. The information 
collections contained in the regulation are necessary to evaluate a 
borrower's request for consideration of the special servicing actions.
    Respondents: Individuals or households, businesses or other for 
profit farms.
    Estimated Annual Number of Respondents: 12,651.
    Estimated Number of Responses per Respondent: 1.40.
    Total Annual Responses: 17,749.
    Estimated Total Annual Burden Hours: 10,337.
    We are requesting comments on all aspects of this information 
collection and to help us to:
    (1) Evaluate whether the collection of information is necessary for 
the proper performance of the functions of the FSA, including whether 
the information will have practical utility;
    (2) Evaluate the accuracy of the FSA's estimate of burden including 
the validity of the methodology and assumptions used;
    (3) Enhance the quality, utility and clarity of the information to 
be collected;
    (4) Minimize the burden of the collection of information on those 
who are to respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology.
    All comments received in response to this notice, including names 
and addresses when provided, will be a matter of public record. 
Comments will be summarized and included in the submission for Office 
of Management and Budget approval.

    Signed at Washington, DC, on April 20, 2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010-10190 Filed 4-30-10; 8:45 am]
BILLING CODE 3410-05-P