[Federal Register Volume 67, Number 53 (Tuesday, March 19, 2002)]
[Notices]
[Page 12572]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-6553]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4739-N-05]


Notice of Proposed Information Collection: Comment Request; 
Requirements for Single Family Mortgage Instruments

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, 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: May 20, 2002.

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 Plaza Building, Room 8001, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Vance T. Morris, Director, Officer of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street SW, Washington, DC 20410, telephone (202) 
708-2121 (this is not a toll free number) for copies of the proposed 
forms and other available information.

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).
    This 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: Requirements for Single Family Mortgage 
Instruments.
    OMB Control Number, if applicable: 2502-0404.
    Description of the need for the information and proposed use: The 
single-family mortgage instruments are the documents used to record the 
mortgage (or deed of trust) and the mortgage note (or deed of trust 
note). These are public documents used to protect the interests of the 
mortgagor and mortgagee.
    Agency form number, if applicable: None.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The total number hours needed to 
prepare the information collection is 250,000, the estimated number of 
respondents is 9,000, the frequency of response varies according to 
business activity, but generates an estimated 1,000,000 responses per 
year, and the amount of time needed is 0.25 hours per response.
    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: March 12, 2002.
John C. Weicher,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 02-6553 Filed 3-18-02; 8:45 am]
BILLING CODE 4210-27-M