[Federal Register Volume 64, Number 163 (Tuesday, August 24, 1999)]
[Notices]
[Page 46211]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-21879]



[[Page 46211]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket Nos. FR-4445-N-20, FR-4447-N-03]


Notice of Proposed Information Collection: Comment Request; 
Application for Approval--FHA Lender and/or Ginnie Mae Mortgage-Backed 
Securities Issuer Branch Office Notification--Title I/Title II

AGENCY: Office of the Assistant Secretary for Housing, HUD; 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 Date: October 25, 1999.

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: Wayne Eddins, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street, 
SW, L'Enfant Building, Room 8202, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: For copies of the proposed forms and 
other available information: FHA contact Ron Schwartz, Lender Approval 
and Recertification Division, telephone number (202) 708-3976 (this is 
not a toll-free number); Ginnie Mae contact Sonya Suarez, Office of 
Policy, Planning and Risk Management, telephone number (202) 708-2772 
(this is not a toll-free number).

SUPPLEMENTARY INFORMATION: The Department is submitting 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 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 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: Form HUD-11701/92001, Application for Approval-
FHA Lender and/or Ginnie Mae Mortgage-Backed Securities Issuer; Form 
HUD-92001-B, Branch Office Notification-Title I/Title II.
    OMB Control Number, if applicable: 2502-0005; 2503-0012.
    Description of the need for the information and proposed use: This 
notice requests OMB information collection authorization to update 
forms and to replace expired forms. HUD's collection of information on 
Form HUD-11701/92001 is needed to determine if the lender should be 
approved to participate in the federally insured housing programs or in 
the Ginnie Mae mortgage-backed securities program. The current 
application forms for mortgagee approval have expiration dates that 
must be renewed so that this procedure can continue.
    The application forms have been consolidated into two forms, Form 
HUD-11701/92001 and Form HUD-92001-B. Form HUD-92001-B is used for 
requests for branch office approval when it is not possible to 
accomplish this through electronic means. Form HUD-11701/92001 is used 
for all other requests for approval.
    The burden associated with this approval process is the minimum 
required to achieve program objectives. The information collection 
frequency is the minimum consistent with program objectives. The 
frequency cannot change because it applies when a lender requests 
initial approval.
    Agency Form Numbers, if applicable: Form HUD-11701/92001; Form HUD-
92001-B.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: Form HUD-11701/92001: The estimated 
number of respondents is 1830 (FHA 1780; Ginnie Mae 50), the total 
annual responses is about 1830 (FHA 1780; Ginnie Mae 50), and the total 
annual hours of response are estimated at 2288 (FHA-2225; Ginnie Mae 
63).
    Form HUD-92001-B: The estimated number of respondents is 2300, the 
total annual responses is about 2300, and the total annual hours of 
response are estimated at 575.
    Status of the proposed information collection: Reinstatement.
    Form HUD-11701/92001 consolidates and replaces Form HUD-11701/
92001, Form HUD-92001-C, Form HUD-92001-D, Form 92001-E, Form 92001-L, 
Form HUD-92001-LD, Form HUD-92001-LE.
    Form HUD-92001-B replaces Form HUD-92001-B and Form HUD-92001-LB. 
Information for certain lenders, which was formerly collected on Form 
HUD-92001-B, is now collected electronically.

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

    Dated: August 18, 1999.
William C. Apgar,
Assistant Secretary for Housing-Federal Housing Commissioner.
George S. Anderson,
Executive Vice President, Government National Mortgage Association.
[FR Doc. 99-21879 Filed 8-23-99; 8:45 am]
BILLING CODE 4210-27-M