[Federal Register Volume 68, Number 76 (Monday, April 21, 2003)]
[Notices]
[Pages 19564-19565]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-9803]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4820-N-16]


Notice of Proposed Information Collection: Comment Request; 
Mortgagee's Certificate

AGENCY: Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

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

[[Page 19565]]

soliciting public comments on the subject proposal.

DATES: Comments Due Date: June 20, 2003.

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 8003, Washington, DC 20410 or 
[email protected].

FOR FURTHER INFORMATION CONTACT: Michael McCullough, Director, Office 
of Multifamily Housing Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-1142, (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: Mortgagee's Certificate.
    OMB Control Number, if applicable: 2502-0468.
    Description of the need for the information and proposed use: HUD 
requires the mortgagee to submit Form HUD 2434, Mortgagee's 
Certificate, to assure that fees are within acceptable limits and the 
required escrows will be collected. HUD determines the reasonableness 
of the fees and uses the information in calculating the financial 
requirement for closing. The information is also used to determine 
allowable fees that will be collected from the mortgagor at closing.
    Agency form numbers, if applicable: HUD-2434.
    Estimation of the total numbers of hours needed to prepare the 
information collection based on the number of respondents, frequency of 
response, and hours of response: The estimated total number of burden 
hours needed to prepare the information collection is 825; the number 
of respondents is 1,100 generating approximately 1,100 annual 
responses; the frequency of response is on occasion; and the estimated 
time needed to prepare the response is 45 minutes.
    Status of the proposed information collection: Reinstatement, 
without change, of a previously approved collection for which approval 
has expired.

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

    Dated: April 10, 2003.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. 03-9803 Filed 4-18-03; 8:45 am]
BILLING CODE 4210-27-M