[Federal Register Volume 61, Number 117 (Monday, June 17, 1996)] [Notices] [Pages 30633-30634] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-15229] ----------------------------------------------------------------------- DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-3917-N-93] Government National Mortgage Association; Notice of Proposed Information Collection for Public Comment AGENCY: Government National Mortgage Association, 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: Comments due: August 16, 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: Sonya 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 [[Page 30634]] 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. Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: Respondents: FHA--1800; Ginnie Mae--50. Frequency of response: one time application. Reporting Burden: ---------------------------------------------------------------------------------------------------------------- Number of Frequency of Hours per Burden respondents x responses x response = hours ---------------------------------------------------------------------------------------------------------------- FHA................................. 1800 1 .50 900 Ginnie Mae.......................... 50 1 .75 38 ---------------------------------------------------------------------------------------------------------------- Total Estimated Burden Hours: 938. Status: Extension of a currently approved collection. Authority: Section 3506 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35, as amended. Dated: May 30, 1996. Thomas R. Weakland, Acting Executive Vice President, Government National Mortgage Association. [FR Doc. 96-15229 Filed 6-14-96; 8:45 am] BILLING CODE 4210-01-M