[Federal Register Volume 59, Number 27 (Wednesday, February 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2945]


[[Page Unknown]]

[Federal Register: February 9, 1994]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. N-94-3711]

 

Submission of Proposed Information Collections to OMB

AGENCY: Office of Administration, HUD.

ACTION: Notices.

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SUMMARY: The proposed information collection requirements described 
below have been submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comment on the subject proposals.

ADDRESSES: Interested persons are invited to submit comment regarding 
these proposals. Comments should refer to the proposal by name and 
should be sent to: Joseph F. Lackey, Jr., OMB Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Kay F. Weaver, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street, 
Southwest, Washington, DC 20410, telephone (202) 708-0050. This is not 
a toll-free number. Copies of the proposed forms and other available 
documents submitted to OMB may be obtained from Ms. Weaver.

SUPPLEMENTARY INFORMATION: The Department has submitted the proposals 
for the collections of information, as described below, to OMB for 
review, as required by the Paperwork Reduction Act (44 U.S.C. chapter 
35).
    The Notices list the following information: (1) The title of the 
information collection proposal; (2) the office of the agency to 
collect the information; (3) the description of the need for the 
information and its proposed use; (4) the agency form number, if 
applicable; (5) what members of the public will be affected by the 
proposal; (6) how frequently information submissions will be required; 
(7) an estimate of the total number of hours needed to prepare the 
information submission including number of respondents, frequency of 
response, and hours of response; (8) whether the proposal is new or an 
extension, reinstatement, or revision of an information collection 
requirement; and (9) the names and telephone numbers of an agency 
official familiar with the proposal and of the OMB Desk Officer for the 
Department.

    Authority: Section 3507 of the Paperwork Reduction Act, 44 
U.S.C. 3507; section 7(d) of the Department of Housing and Urban 
Development Act, 42 U.S.C. 3535(d).

    Dated: January 24, 1994.
John T. Murphy,
Director, IRM Policy and Management Division.
    Proposal: Legal Instructions Concerning Applications for Full 
Insurance Benefits Assignment of Multifamily Mortgages to the 
Secretary.
    Office: General Counsel.
    Description of the need for the information and its proposed use: 
Holders of HUD-insured multifamily mortgages may receive mortgage 
insurance benefits, in the event of a default, by assigning the 
mortgage to HUD. This information collection describes the legal 
documents to be submitted by the mortgagee and the procedures for 
submission.
    Form number: None.
    Respondents: State or Local Governments, businesses or other for-
profit, and Federal Agencies or Employees.
    Frequency of submission: On occasion.
    Reporting burden:

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                                                                              Number of          Frequency of           Hours per                       
                                                                             respondents    x      response      x      response      =    Burden hours 
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Information collection...................................................             359                    1                   26                9,334
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    Total estimated burden hours: 9,334.
    Status: Reinstatement.
    Contact: Donald Franck, HUD, (202) 708-4167, Joseph F. Lackey, Jr., 
OMB, (202) 395-6880.

    Dated: January 24, 1994.
    Proposal: Real Estate Settlement Procedures Act (RESPA), Amendments 
to RESPA in the Housing and Community Development Act of 1992 (FR-
3382).
    Office: Housing.
    Description of the need for the information and its proposed use: 
This rule proposes to amend 24 CFR Part 3500, the implementing 
regulations for RESPA, to reflect amendments to RESPA in the Housing 
and Community Development Act of 1992 which adds a new class of covered 
transactions--subordinate mortgages and proposes a new Settlement 
Statement (HUD-1A).
    Form Number: HUD-1A.
    Respondents: Businesses or other for-profit.
    Frequency of submission: On occasion.
    Reporting burden: 

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                                                                              Number of      x   Frequency of     x     Hours per                       
                                                                            respondents            response             response      =    Burden hours 
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HUD-1A...................................................................         115,000                13.12                  .35              528,025
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    Total estimated Burden Hours: 528,025.
    Status: Extension.
    Contact: Ivy M. Jackson, HUD, (202) 708-4560, Joseph F. Lackey, 
Jr., OMB, (202) 395-7316.

    Dated: January 24, 1994.

    Proposal: Default Status Report on Multifamily Housing Projects.
    Office: Housing.
    Description of the need for the information and its proposed use: 
Mortgagees use this report to notify HUD that a project owner has 
defaulted and that an assignment of acquisition will result if HUD and 
the mortgagor do not develop a plan for reinstating the loan. The 
report triggers HUD's negotiation with the mortgagor.
    Form Number: HUD-92426.
    Respondents: Businesses or other for-profit.
    Frequency of submission: Monthly.
    Reporting burden: 

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                                                                              Number of          Frequency of           Hours per                       
                                                                             respondents    x      response      x      response      =    Burden hours 
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Information collection...................................................           2,000                    3                  .25                1,500
Recordkeeping............................................................             500                    1                 2.00                1,000
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    Total estimated Burden Hours: 2,500.
    Status: Extension.
    Contact: James J. Tahash, HUD, (202) 708-3944, Joseph F. Lackey, 
Jr., OMB, (202) 395-7316.

    Dated: January 10, 1994.

    Proposal: Issuer's Monthly Accounting Report.
    Office: Government National Mortgage Association.
    Description of the need for the information and its proposed use: 
Issuers will use these forms to report monthly on their securities 
accounting. The information is necessary to assure issuers are 
performing pursuant to the guaranty agreement and investors are 
receiving all funds due them.
    Form number: HUD-117110A, 1710B, 1710C, 11710D, and 11710E.
    Respondents: Businesses or other for-profit.
    Frequency of submission: On occasion and monthly.
    Reporting burden: 

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                                                                            Number of           Frequency of            Hours per                       
                                                                           respondents     x      response      x       response      =   Burden hours. 
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HUD-11710A.............................................................             824                 4,287               .012036               42,517
HUD-1710B..............................................................              13                    12                   .25                   39
HUD-1710C..............................................................              10                     2                   .16                    3
HUD-11710D.............................................................             824                    12                   .25                2,472
HUD-11710E.............................................................             824                    24                   .16                3,164
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    Total estimated burden hours: 48,195.
    Status: Reinstatement.
    Contact: Brenda Countee, HUD, (202) 708-1535, Joseph F. Lackey, 
Jr., OMB, (202) 395-7316.

    Dated: January 10, 1994.

    Proposal: Summary of Guaranty Agreement--Graduated Payment and 
Growing Equity.
    Office: Government National Mortgage Association (GNMA).
    Description of the need for the information and its proposed use: 
In compliance with Section 306(g) of the National Housing Act, GNMA is 
authorized to guarantee the timely payment of principal and interest on 
securities which are based on or backed by a pool composed of 
mortgages. Issuers of mortgage-backed securities polls use these forms 
to report monthly on their securities accounting.
    Form number: HUD-1746, 11748-A, 11748-B, and 11748-C.
    Respondents: Businesses or other for-profit.
    Frequency of submission: On occasion.
    Reporting burden: 

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                                                                              Number of          Frequency of           Hours per                       
                                                                             respondents    x      response      x      response      =   Burden hours. 
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Information collection...................................................             824                  4.4                  .25                  900
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    Total estimated burden hours: 900.
    Status: Reinstatement.
    Contact: Charles Clark, HUD, (202) 708-1535, Joseph F. Lackey, Jr., 
OMB, (202) 395-7316.

    Dated: January 10, 1994.

    Proposal: Application Submission Requirements: Section 202 Housing 
for the Elderly and Section 811 Housing for Persons with Disabilities.
    Office: Housing.
    Description of the need for the information and its proposed use: 
This information is needed to facilitate a prompt and orderly 
conversion of the Section 202 Direct Loan Pipeline Projects to the 
Section 202 or Section 811 Capital Advance Programs. This information 
will be used to assist HUD in determining the owner's eligibility and 
capacity to finalize the development of a housing project under the 
Capital Advance Program.
    Form number: HUD-92446-CA, 92476A, 9066-CA, 90165-CA, 9064-CA, 
90171-CA, 90163-CA, 92450-CA, 91732A, 92531B-CA, 90167-CA, 90177-CA, 
90170-CA, and 90176-CA.
    Respondents: Non-profit institutions.
    Frequency of submission: On occasion and monthly.
    Reporting burden: 

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                                                                              Number of          Frequency of           Hours per                       
                                                                             respondents    x      response      x      response      =   Burden hours. 
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Information collection...................................................             260                    1                43.17               11,225
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    Total estimated burden hours: 11,225.
    Status: Extension.
    Contact: Evelyn Berry, HUD, (202) 708-2866, Joseph F. Lackey, Jr., 
OMB, (202) 395-7316.

    Dated: January 12, 1994.

[FR Doc. 94-2945 Filed 2-8-94; 8:45 am]
BILLING CODE 4210-01-M