[Federal Register Volume 61, Number 105 (Thursday, May 30, 1996)]
[Notices]
[Page 27091]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-13481]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-3917-N-85]


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: July 29, 1996.

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: Sonya K. Suarez, Government 
National Mortgage Association, Office of Program, Policy, Procedure, 
and Risk Management, Department of Housing & Urban Development, 451 7th 
Street, SW, Room 6222, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT:
Sona K. Suarez, on (202) 708-2884 (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; (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: Prospectuses.
    OMB Control Number: 2503-0018.
    Description of the need for the information and proposed use: These 
forms are used to provide a standard format for the description of 
securities for each type of mortgage eligible for inclusion in a 
mortgage-backed securities pool. Since each type of mortgage has 
different characteristics, it is necessary to have separate 
prospectuses for each program.
    Agency form numbers: HUD forms 11712, 11712-II, 11717, 11717-II, 
1724, 11728, 11728-II, 1731, 1734, 11747, 11747-ii, 11772-II.
    Members of affected public: Business or other for-profit and the 
Federal Government.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: HUD form 11712, 11712-II, 11717, 
11717-II, 1724, 11728, 11728-II, 1731, 1734, 11747, 11747-II, 11772-II.

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                                                                                                  Hours per                                             
                                            Number of       Frequency of      Total annual        response           Total                              
                                           respondents        responses         responses          burden            hours                              
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                                                  650    x           18    =       11,700    x          .25    =      2,925   ..........................
                                                                                                                                                        
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    Status of the proposed information collection: Extension of 
currently approved collection.

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

    Dated: May 15, 1996.
Thomas R. Weakland,
Acting Executive Vice President, Government National Mortgage 
Association.
[FR Doc. 96-13481 Filed 5-29-96; 8:45 am]
BILLING CODE 4210-01-M