[Federal Register Volume 75, Number 161 (Friday, August 20, 2010)]
[Notices]
[Pages 51475-51476]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-20754]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5380-N-30]


Notice of Proposed Information Collection: Comment Request 
Application for FHA Insured Mortgages

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 Reduction Act. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments Due Date: October 19, 2010.

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: Reports Liaison Officer, 
Department of Housing and Urban Development, 451 7th Street, SW., 
Washington, DC 20410, Room 9120 or the number for the Federal 
Information Relay Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Arlene Nunes, Deputy Director, Home 
Mortgage Insurance Division, Office of Single Family Program 
Development Division, Department of Housing and Urban Development, 451 
7th Street, SW., Washington, DC 20410, telephone (202) 708-2121 (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 is necessary for the 
proper performance of the functions of the agency, including whether 
the information will have

[[Page 51476]]

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 FHA Insured Mortgages.
    OMB Control Number, if applicable: 2502-0059.
    Description of the need for the information and proposed use: 
Specific forms and related documents are needed to determine the 
eligibility of the borrower and proposed mortgage transaction for FHA's 
insurance endorsement. Lenders seeking FHA's insurance prepare certain 
forms to collect data.
    Agency form numbers, if applicable: HUD-92900-A, HUD-92900-B, HUD-
92900-LT, HUD-92561, Addendum to HUD-1, Model Notice for Informed 
Consumer Choice Disclosure, Model Pre-Insurance Review/Checklist.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The total number of burden hours is 
estimated at 478,758 which represent the time required to enter the 
required data into FHA Connection. The total number of respondents is 
12,240 which represent the total for FHA-approved lenders. The number 
of responses is 5,749,160 which represent the total number of pages of 
forms required for completion. The frequency of response is one 
document per loan and the total number of burden hours for entry is 1 
hour, 32 minutes per endorsed case.
    Status of the proposed information collection: This is an extension 
of a currently approved collection.

    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: August 17, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2010-20754 Filed 8-19-10; 8:45 am]
BILLING CODE 4210-67-P