[Federal Register Volume 60, Number 193 (Thursday, October 5, 1995)]
[Notices]
[Page 52202]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-24718]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner
[Docket No. FR-3917-N-23]


Notice of Proposed Information Collection for Public Comment

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: December 4, 1995.

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: Report Liaison Officer, Oliver 
Walker, Management Services Division, Department of Housing & Urban 
Development, 451 7th Street SW, Room 9116, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Betty A. Belin at 202-708-0614x2807 
(this is not a toll-free number) for copies of the proposed forms and 
other available documents.

SUPPLEMENTARY INFORMATION: The Department will submit 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).
    The Notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate whether the proposed collection of information 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 to be collected; (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 through 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: Mortgagee's Application for Insurance Benefits 
(Multifamily Mortgage).
    OMB control number: 2502-0419.
    Description of the need for the information and proposed use: The 
mortgagee of a FHA insured mortgage is required to pay to HUD an annual 
mortgage insurance premium (MIP). When the mortgagor defaults by not 
performing its obligations under the contract of insurance, the 
mortgagee may elect to file a claim for insurance benefits. In the 
initial stage of the claim, the mortgagee must submit to the FHA 
Commissioner a form HUD-2747, Mortgagee's Application for Insurance 
Benefits. The mortgagee's obligation to pay future insurance premiums 
is terminated as of the date this form is received by the FHA 
Commissioner; however, the mortgagee is responsible for the payment of 
MIP premiums up to the receipt date acknowledged by the Commissioner. 
During the audit of the mortgagee's claim for payment of insurance 
benefits, the receipt date is compared to the mortgagee's MIP payment 
history. Delinquent premiums are deducted from insurance benefits 
payable to the mortgagee.
    Agency form numbers: HUD-2747.
    Member of affected public: Annually, it is estimated there will be 
215 respondents. Each respondent will submit one form HUD-2747. The 
form can be prepared within 5 minutes. There will be 18 annual 
reporting hours.
    Status of the proposed information collection: Reinstatement 
without change.

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: September 28, 1995.
Nicolas P. Retsinas,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 95-24718 Filed 10-4-95; 8:45 am]
BILLING CODE 4210-27-M