[Federal Register Volume 68, Number 142 (Thursday, July 24, 2003)]
[Notices]
[Page 43740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-18756]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4815-N-48]


Notice of Submission of Proposed Information Collection to OMB: 
Mortgagee's Certificate

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.
    Mortgagees submit information 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. Allowable fees are 
collected from multi-family mortgagors at closing.

DATES: Comments Due Date: August 25, 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 (2502-0468) 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: Mortgagee's Certificate.
    OMB approval number: 2502-0468.
    Form numbers: HUD-2434.
    Description of the need for the information and its proposed use: 
Mortgagees submit information 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. Allowable fees are collected from 
multi-family mortgagors at closing.
    Respondents: Business or other for-profit.
    Frequency of submission: On occasion, Required for each insured 
project.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting burden....................           1,100            1,100                 0.75                  825
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    Total estimated burden hours: 825
    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: July 18, 2003.
Donna Eden,
Director, Investment, Strategies, Policy and Management Office of the 
Chief Information Officer.
[FR Doc. 03-18756 Filed 7-23-03; 8:45 am]
BILLING CODE 4210-72-P