[Federal Register Volume 62, Number 71 (Monday, April 14, 1997)]
[Notices]
[Pages 18138-18139]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-9545]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4200-N-51]


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: June 13, 1997.

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 Policy, Program and Risk 
Management, Department of Housing & Urban Development, 451 7th Street 
SW., Room 6226, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Sonya K. Suarez, on (202) 708-2272 
(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: Issuer's Monthly Accounting Reports.
    OMB Control Number: 2503-0004.
    Description of the need for the information and proposed use: 
Issuers use these forms to report monthly on their securities 
accounting. Information is necessary to assure issuers are performing 
pursuant to the terms of the guaranty agreement and investors are 
receiving all funds due them.
    Agency form numbers: HUD 11710A, 1710B, 1710C, 11710D and 11710E.
    Members of affected public: Business or other for-profit and the 
Federal Government.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:
    Reporting Burden:

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                                       Total       Responses per       Total                                    
           Form 11710               respondents     respondents      responses    Hours response    Total hours 
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A...............................             620             656         406,437           *.012           4,877
B...............................              10              12             120             .25              30
C...............................               2               2               4             .16              .6
D...............................             620              12           7,440             .25           1,860
E...............................             620              24          14,880             .16           2,381
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                                  ..............             706         428,881  ..............           9,149
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*14.4 min. per response/60 min. per hour=.24 hrs.  x  .05=.012.                                                 


[[Page 18139]]

    Total Estimated Burden Hours: 9,149.
    Status: Reinstatement, without change, of a previously approved 
collection for which approval has expired.

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

    Dated: April 3, 1997.
George S. Anderson,
Executive Vice President, Goverment National Mortgage Association.
[FR Doc. 97-9545 Filed 4-11-97; 8:45 am]
BILLING CODE 4210-01-M