[Federal Register Volume 68, Number 247 (Wednesday, December 24, 2003)]
[Notices]
[Pages 74632-74633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-31634]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4815-N-105]


Notice of Submission of Proposed Information Collection to OMB: 
Late Request for Endorsement Procedures

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: January 23, 2004.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name 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 or on HUD's Web site at http://www5.hud.gov:63001/po/i/icbts/collectionsearch.cfm.

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: Late Request for Endorsement Procedures.
    OMB Approval Number: 2502-Pending.
    Description of the Need for the Information and Its Proposed Use: 
Section 203.255(b) of the National Housing Act requires Direct 
Endorsement mortgagees to submit properly documented loans for 
endorsement within 60 days of loan closing. Further, lenders submitting 
a loan after this 60-day window must certify that the loan complies 
with all underwriting requirements. This information is necessary to 
endorse a loan being submitted for endorsement beyond the 60-day limit 
following closing.
    Respondents: Not-for-profit institutions, State, local or tribal 
government.
    Frequency of Submission: On occasion.

[[Page 74633]]



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                                         Number of          Annual             Hours per
                                        respondents       responses      x     responses      =   Burden  hours
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Reporting Burden:...................          12,000          300,000   ..            0.40   ..         120,000
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    Total Estimated Burden Hours: 120,000.
    Status: Existing collection in use without an OMB control number.

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

    Dated: December 17, 2003.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 03-31634 Filed 12-23-03; 8:45 am]
BILLING CODE 4210-72-P