[Federal Register Volume 61, Number 85 (Wednesday, May 1, 1996)]
[Notices]
[Pages 19307-19308]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10688]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-3917-N-69]


Government National Mortgage Association; Notice of Proposed 
Information Collection for Public Comment

AGENCY: Government National Mortgage Association, 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: May 8, 1996.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments must be received within seven (7) days from the 
date of this Notice. Comments should refer to the proposal by name and/
or OMB Control Number and should be sent to: Joseph F. Lackey, Jr., OMB 
Desk Officer, Office of Management and Budget, Room 10235, 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.
    The 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 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; (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: Application for Approval--FHA Lender and/or 
Ginnie Mae Mortgage-Backed Securities Issuer.
    OMB Control Number: 2503-0012
    Description of the need for the information and proposed use: This 
form is used by mortgage lenders who wish to apply to become a FHA-
approved lender or loan correspondent under Title I and/or Title II 
program and/or an approved issuer with Ginnie Mae. The form requires 
lenders to provide specific information about their mortgage lending 
operations, business background and experience. It sets out the 
information FHA/Ginnie Mae requires to determine if the applicant meets 
FHA/Ginnie Mae eligibility requirements.
    Agency form numbers: HUD 11702/92001.
    Members of affected public: Business or other for-profit and the 
Federal Government.
    Respondents: FHA-1800; Ginnie Mae-50.
    Frequency of response: one time application.
    Reporting Burden:

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                                                            Frequency                                           
                                     Number of       x          of         x      Hours per      =       Burden 
                                    respondents             responses              response              hours  
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FHA...............................        1800   .........          1  .........        .50  ........        900
Ginnie Mae........................          50   .........          1  .........        .75  ........         38
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[[Page 19308]]


    Total Estimated Burden Hours: 938.
    Status: Revision of a currently approved collection.
    Contact: Sonya K. Suarez, HUD, (202) 708-2884; Joseph F. Lackey, 
Jr., OMB, (202) 395-7316.
    The Department has submitted the proposal for the collection of 
information to OMB for emergency review, as required by the Paperwork 
Reduction Act (44 U.S.C. Chapter 35). May 2, 1996 is requested for OMB 
approval.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: April 24, 1996.
David S. Cristy,
Director, IRM Policy and Management Division.
[FR Doc. 96-10688 Filed 4-30-96; 8:45 am]
BILLING CODE 4210-01-M