[Federal Register Volume 64, Number 14 (Friday, January 22, 1999)]
[Notices]
[Pages 3535-3536]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-1386]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4441-N-05]
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: February 22, 1999.
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: January 13, 1999.
Wayne Eddins,
Reports Management Officer.
Title of Proposal: Letter of Transmittal/Servicing Agreement/
Resolution of Board Director and Certificate of Authorized Signatures.
Office: Government National Mortgage Association.
OMB Approval Number: 2503-0016.
Description of The Need For The Information and its Proposed use:
Form HUD-11700, Letter of Transmittal, is used by issuers to transmit
to GNMA required materials to request approval of all applications to
become a mortgage-backed securities issuer. Form HUD-11702, Resolution
of Board of Directors and Certificate of Authorized Signatures, is used
to provide GNMA with the names and signatures of the Board of Directors
of the issuer's organization. Form HUD-11707, Servicing Agreement, is
used by the issuer to provide assurance to GNMA that servicing of the
mortgages backing the securities will be performed at an acceptable
standard.
Form Number: HUD-11700, 11702 and 11707.
Respondents: Federal Government and Business or Other-For-Profit.
Frequency of Submission:
Reporting Burden:
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Number of Frequency of Hours per
respondents x response x response = Burden hours
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HUD-11700......................... 399 4 .17 270
HUD-11702......................... 399 1 .17 68
[[Page 3536]]
HUD-11707......................... 399 59 .17 4002
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Total Estimated Burden Hours: 4340.
Status: Reinstatement with changes.
Contact: Sonya Suarez, HUD, (202) 708-2772; Joseph F. Lackey, Jr.,
OMB, (202) 395-7316.
Dated: January 13, 1999.
[FR Doc. 99-1386 Filed 1-21-99; 8:45 am]
BILLING CODE 4210-01-M