[Federal Register Volume 75, Number 233 (Monday, December 6, 2010)]
[Notices]
[Page 75693]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-30497]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5380-N-47]


Rehabilitation Mortgage Insurance Underwriting Program Section 
203(k); Notice of Proposed Information Collection: Comment Request

AGENCY: Office of the Assistant Secretary for Housing, 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: February 4, 2011.

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, 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 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: Rehabilitation Mortgage Insurance Underwriting 
Program Section 203(k).
    OMB Control Number, if applicable: 2502-0527.
    Description of the need for the information and proposed use: The 
National Housing Act (12 U.S.C. 1703) authorizes the Secretary of 
Housing and Urban Development to insure financial institutions against 
losses as a result of borrower defaults on single-family mortgages. 
Specifically, under Section 203(k) of the Act, the Secretary is 
authorized to insure mortgages that fund the rehabilitation of single 
family homes. The information collection focuses on the loan 
origination process and issued for underwriting purposes and to 
document expenditures from repair escrow accounts.
    Agency form numbers, if applicable: HUD-92700, HUD 92700-A, HUD-
9746-A, HUD 92577.
    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 number of burden hours is 121,891. 
The number of respondents is 8225, the number of responses is 144,455, 
the frequency of response is on occasion, and the burden hour per 
response is an average 1.4 hours.
    Status of the proposed information collection: This is an extension 
of a currently approved collection, OMB Control No. 2502-0527.

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

    Dated: November 30, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2010-30497 Filed 12-3-10; 8:45 am]
BILLING CODE 4210-67-P