[Federal Register Volume 66, Number 9 (Friday, January 12, 2001)]
[Notices]
[Page 2921]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-1001]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4650-N-01]


Notice of Submission of Proposed Information Collection to OMB; 
Mortgage Insurance Termination; Application for Premium Refund or 
Distributive Share Payment

AGENCY: Office of the Chief Information Officer, 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 12, 2001.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2502-0414) 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, Q, Department of Housing and Urban Development, 451 Seventh 
Street, Southwest, Washington, DC 20410; e-mail [email protected]; 
telephone(202) 708-2374. This is not a toll-number. Copies of the 
proposed forms and other available documents submitted to OMB may be 
obtained form 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 name and telephone 
number of an agency official familiar with the proposal and of the OMB 
Desk Officer for the Department.

This Notice Also Lists the Following Information

    Title of Proposal: Mortgage Insurance Termination; Application for 
Premium Refund or Distributive Share Payment
    OMB Approval Number: 2502-0414
    Form Numbers: HUD-27050-A and HUD-27050-B
    Description of the Need for the Information and its Proposed Use: 
The Mortgage Insurance Termination form is used by FHA-approved lenders 
to terminate FHA insurance to comply with HUD requirements. The 
Application for Premium Refund or Distributive Share Payment is used by 
homeowners to apply for the unearned portion of the mortgage insurance 
premium or a distributive share payment.
    Respondents: Individuals or households, Business or other-for-
profit
    Frequency of Submission: On occasion
    Reporting Burden:

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      Number of                     Frequency of
     Respondents          x           Response            x      Hours per Response     =        Burden Hours
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          391,500                            2.06                           0.16                      129,700
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    Total Estimated Burden Hours: 129,700
    Status: Reinstatement, without change

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

    Dated: January 5, 2001.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 01-1001 Filed 1-11-01; 8:45 am]
BILLING CODE 4210-01-M