[Federal Register Volume 63, Number 219 (Friday, November 13, 1998)]
[Notices]
[Pages 63484-63485]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-30292]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4349-N-40]


Submission for OMB Review; Comment Request

AGENCY: Office of the Assistant Secretary for Administration, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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 date: December 14, 1998.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments must be received within thirty (30) days from 
the date of this Notice. Comments should refer to the proposal by name 
and/or OMB approval 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: Wayne Eddins, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street, 
Southwest, Washington, DC 20410, telephone (202) 708-1305. This is not 
a toll-free number. Copies of the proposed forms and other available 
documents submitted to OMB may be obtained from Mr. Eddins.

SUPPLEMENTARY INFORMATION: The Department has submitted the proposal 
for the collection of information, as described below, to OMB for 
review, as required by the Paperwork Reduction Act (44 U.S.C. Chapter 
35).
    The Notice lists the following information: (1) the title of the 
information collection proposal; (2) the office of the agency to 
collect the information; (3) the OMB approval number, if applicable, 
(4) the description of the need for the information and its proposed 
use; (5) the agency form number, if applicable; (6) what members of the 
public will be affected by the proposal; (7) how frequently information 
submissions will be required; (8) an estimate of the total number of 
hours needed to prepare the information submission including number of 
respondents, frequency of response, and hours of response; (9) whether 
the proposal is new, an extension, reinstatement, or revision of an 
information collection requirement; and (10) the names and telephone 
numbers of an agency official familiar with the proposal and of the OMB 
Desk Officer for the Department.

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

    Dated: November 4, 1998.
David S. Cristy,
Director, IRM Policy and Management Division.

    Title of Proposal: Loan Guarantee Program--Mortgage Credit Analysis 
and Transmittal for Payment of Loan Guarantee Fee.
    Office: Public and Indian Housing.
    OMB Approval Number: 2577-0200.
    Description of the Need for the Information and its Proposed Use: 
The forms will be used by lenders to determine the borrowers' credit 
worthiness and to forward specific loan data to Treasury. The lender 
must analyze the borrower's ability to repay the mortgage debt. Once 
the borrower is approved, a fee of 1 percent is submitted to HUD. This 
is a one-time fee and can be included in the mortgage amount.
    Form Number: HUD-53036 and HUD-53038.
    Respondents: Business or Other-For-Profit.
    Frequency of Submission: On Occasion.
    Reporting burden:

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                                       Number of          Frequency of           Hours per
                                      respondents    x      response      x      response      =   Burden  hours
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53036.............................             500                    1                  .10                  50
53038.............................             500                    1                 .083                  42
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[[Page 63485]]

    Total Estimated Burden Hours: 92.
    Status: Reinstatement without changes.
    Contact: Karen Garner-Wing, HUD, (202) 675-1600 x3317, Joseph F. 
Lackey, Jr., OMB, (202) 395-7316

    Dated: November 4, 1998.
[FR Doc. 98-30292 Filed 11-12-98; 8:45 am]
BILLING CODE 4210-01-M