[Federal Register Volume 62, Number 115 (Monday, June 16, 1997)]
[Notices]
[Page 32649]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-15671]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4200-N-71]


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: August 15, 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 and Urban Development, 451--7th 
Street, SW., Room 6226, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT:
 Sonya K. Suarez, on (202) 708-2772 (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 
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: Issuer's Monthly Remittance Advice
    OMB Control Number: 2503-0015
    Description of the need for the information and proposed use: The 
collection of information is used to advise each security holder of the 
current month's account transactions and calculation of holder's 
fractional share of total cash distribution.
    Agency form numbers: HUD 11714 and HUD 11714SN
    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 hour of response:
    Reporting Burden:
Total responses per respondent = * 5% of 372,886 outstanding pools = 
18,644+620 issuers = 19,264.
    Total annual responses = 19,264 x 12 months = 231,168.
    Total burden hours = 231,168 x (\1/60\ hr) = 3,853.

    * Average monthly responses per respondent.

    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: June 2, 1997.
George S. Anderson,
Executive Vice President, Government National Mortgage, Association.
[FR Doc. 97-15671 Filed 6-13-97; 8:45 am]
BILLING CODE 4210-01-M