[Federal Register Volume 68, Number 139 (Monday, July 21, 2003)]
[Notices]
[Pages 43153-43154]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-18359]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4815-N-45]


Notice of Submission of Proposed Information Collection to OMB: 
Legal Instructions Concerning Applications for Full Insurance 
Benefits--Assignment of Multifamily Mortgages to the Secretary

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.
    Approval previously granted to collect the subject information has 
lapsed. HUD is requesting reinstatement of the requirement that 
Mortgagees of HUD-insured Multi-family loans must submit certain legal 
documentation (e.g. mortgage, mortgage note, security agreement, title 
insurance policy) to the Department in order to receive mortgage 
insurance benefits upon assignment of mortgages to HUD.

DATES: Comments Due Date: August 20, 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 (2510-0006) 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 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: Legal Instructions Concerning Applications for 
Full Insurance Benefits--Assignment of Multifamily Mortgages to the 
Secretary.
    OMB Approval Number: 2510-0006.
    Form Numbers: None.
    Description Of The Need For The Information And Its Proposed Use: 
Mortgagees of HUD-insured multi-family loans may receive mortgage 
insurance benefits upon assignment of mortgages to HUD. In connection 
with the assignment, legal documents (e.g. mortgage, mortgage note, 
security agreement, title insurance policy) must be submitted to the 
Department.
    Respondents: Business or other for-profit, State, Local or Tribal 
Government.
    Frequency of Submission: On occasion, When mortgagee applies for 
insurance benefits.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................             359              359   ..              26   ..           9,334
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[[Page 43154]]

    Total Estimated Burden Hours: 9,334.
    Status: Reinstatement, without change, of previously approved 
collection.

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

    Dated: July 14, 2003.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 03-18359 Filed 7-18-03; 8:45 am]
BILLING CODE 4210-72-P