[Federal Register Volume 68, Number 42 (Tuesday, March 4, 2003)]
[Notices]
[Pages 10260-10261]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-4944]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4815-N-10]


Notice of Submission of Proposed Information Collection to OMB: 
Insurance for Home Equity Conversion Mortgages (HECM), Residential Loan 
Application for Reverse Mortgage

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: April 3, 2003.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2502-0524) and should be sent to: Lauren Wittenberg, 
OMB Desk Officer, Office of Management and Budget, Room 10235, New 
Executive Office Building, Washington, DC 20503; Fax number (202) 395-
6974; E-mail [email protected].

FOR FURTHER INFORMATION CONTACT: Wayne Eddins, Reports Management 
Officer, AYO, 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-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

[[Page 10261]]

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: Insurance for Home Equity Conversion Mortgages 
(HECM), Residential Loan Application for Reverse Mortgage.
    OMB Approval Number: 2502-0524.
    Form Numbers: HUD-92900-A, HUD-92900-B, Fannie Mae Form 1003, 
Fannie Mae Form 1009None.
    Description of the Need for the Information and its Proposed Use: 
Lenders will use this streamlined application to gather borrower data 
to determine eligibility for the HECM Program. The Department will 
gather the data for reports to Congress regarding the Program.
    Respondents: Individuals or households, Business or other for-
profit.
    Frequency of Submission: On occasion, Annually.
    Reporting Burden:

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                                                                               Hours per
                Number of respondents                  Annual response   x      response      =    Burden hours
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5,000................................................               1   ..               1   ..           5,000
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    Total Estimated Burden Hours: 5,000.
    Status: Reinstatement, without change, of previously approved.

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

    Dated: February 25, 2003.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 03-4944 Filed 3-3-03; 8:45 am]
BILLING CODE 4210-72-P