[Federal Register Volume 76, Number 40 (Tuesday, March 1, 2011)]
[Notices]
[Page 11256]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-4411]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5484-N-05]
Notice of Proposed Information Collection: Comment Request Loan
Sales Bidder Qualification Statement
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
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: Comment due date: May 2, 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 Office,
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: John Lucey, Deputy Director, Asset
Sales Office, Room 3136, Department of Housing and Urban Development,
451 Seventh Street, SW., Washington, DC 20410-8000; telephone 202-708-
2625, extension 3927 or Gregory Bolton, Senior Attorney, Office of
Insured Housing, Multifamily Division, Room 9230; telephone 202-708-
0614, extension 5245. Hearing- or speech-impaired individuals may call
202-708-4594 (TTY). These are not toll-free numbers.
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 of other forms of
information technology, e.g., permitting electronic submission of
responses.
This notice list the following information:
Title of Proposal: HUD Loan Sale Bidder Qualification Statement.
OMB Control Number: 2502-0576.
Agency Form Numbers, if Applicable: None.
Description of the Need for the Information and Proposed Use: The
Qualification Statement solicits from Prospective bidders to the HUD
Loan Sales the basic qualifications required for bidding including but
not limited to, Purchaser Information (Name of Purchaser, Corporate
Entity, Address, Tax ID), Business Type, Net Worth, Equity Size, Prior
History with HUD Loans and prior sales participation. By executing the
Qualification Statement, the purchaser certifies, represents and
warrants to HUD that each of the statements included are true and
correct as to the purchaser and thereby qualifies them to bid.
The Bidder Qualification Statement is released to a pool of
approximately 17,000 potential investors, of which approximately 600
respond annually. The estimated number of burden hours needed to
prepare the information collection is 300; the frequency of response is
on occasion; and the estimated time needed to prepare the response is
near thirty (30) minutes and cost on the respondent to complete the
statement is estimated to be close to ten (10) dollars.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35, as amended.
Dated: February 23, 2011.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2011-4411 Filed 2-28-11; 8:45 am]
BILLING CODE 4210-67-P