[Federal Register Volume 69, Number 60 (Monday, March 29, 2004)]
[Notices]
[Pages 16279-16280]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-6869]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4903-N-19]


Notice of Submission of Proposed Information Collection to OMB: 
Mortgage Insurance Termination; Application for Premium Refund or 
Distributive Share Payment

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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

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.
    This is a request for extension of this currently approved 
collection.

DATES: Comments Due Date: April 28, 2004.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2502-0414) should be sent to: HUD 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 page 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 contact information of 
an agency official familiar with the proposal and the OMB Desk Officer 
for the Department.
    This notice also lists the following information:
    Title of Proposal: Mortgage Insurance Termination; Application for 
Premium Refund or Distributive Share Payment.
    OMB Approval Number: 2502-0414.
    Form Numbers: HUD-27050-B.
    Description of the Need for the Information and Its Proposed Use: 
The subject information is submitted through Electronic Data 
Interchange and via FHA Connection to HUD by mortgagees to report the 
termination of FHA mortgage insurance on single-family dwellings. The 
Application for Premium Refund or Distributive Share Payment is 
submitted by former FHA mortgagors to apply for homeowner refunds of 
the unearned portion of the mortgage insurance premium or a 
distributive share payment.
    Respondents: Individuals and mortgage lenders.
    Frequency of Submission: On occasion.

----------------------------------------------------------------------------------------------------------------
                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =   Burden  hours
----------------------------------------------------------------------------------------------------------------
Reporting Burden....................       1,506,000        3,070,001   ..            0.16   ..         500,600
----------------------------------------------------------------------------------------------------------------


[[Page 16280]]

    Total Estimated Burden Hours: 500,600.
    Status: Extension of a currently approved collection.

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

    Dated: March 19, 2004.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 04-6869 Filed 3-26-04; 8:45 am]
BILLING CODE 4210-72-P