[Federal Register Volume 69, Number 165 (Thursday, August 26, 2004)]
[Notices]
[Pages 52516-52518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-19492]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4907-N-27]


Notice of Proposed Information Collection: Comment Request; 
Application for Approval--FHA Lender and/or Ginnie Mae Mortgage-Backed 
Securities Issuer Branch Office Notification--Title I/Title II

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

ACTION: Notice.

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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

[[Page 52517]]

Reduction Act. The Department is soliciting public comments on the 
subject proposal.

DATES: Comments Due Date: October 25, 2004.

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: Phillip A. Murray, Director, Office of 
Lender Activities, Assistant Secretary for Housing, Department of 
Housing and Urban Development, 451 7th Street SW., Washington, DC 
20410, telephone (202) 708-1515 (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 ins 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: Application for Approval--FHA Lender and/or 
Ginnie Mae Mortgage-Backed Securities Issuer Branch Office 
Notification--Title I/Title II.
    OMB Control Number, if applicable: 2502-0005.
    Description of the need for the information and proposed use: The 
Federal Housing Administration (FHA) and the Government National 
Mortgage Association (Ginnie Mae) of the Department of Housing and 
Urban Development approve entities to participate as Title I lenders, 
Title II mortgagees, and the Ginnie Mae mortgage-backed securities 
issuers. Specific information must be obtained and reviewed to 
determine if an entity meets the criteria to obtain the requested 
approval. In addition, this submission covers subsequent information 
required by FHA in order for entities to maintain their approval, 
update information previously submitted on the entity, report any non-
compliance, and voluntarily terminate their FHA approval.
    Agency form numbers, if applicable: HUD-11701 and HUD-92001-B.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

----------------------------------------------------------------------------------------------------------------
                                                     Number of
          Item No.               Information         expected      Total  annual     Hours per     Total  annual
                                  collection        respondents      responses       response          hours
----------------------------------------------------------------------------------------------------------------
1..........................  HUD-11701                     2,000           2,000            2.00           4,000
                              Application for
                              FHA Approval, by
                              paper (including
                              attachments).
1..........................  Annual Verification          11,500          11,500             .10           1,150
                              Report by all
                              approved lenders
                              (by paper).
1..........................  HUD-11701            ..............              50            1.25              63
                              Application for
                              Ginnie Mae
                              Approval, by paper
                              (including
                              attachments).
2..........................  HUD-92100-B.         ..............           1,500             .50             750
                              Application for
                              New Branch by loan
                              correspondents, by
                              paper (including
                              attachments).
3..........................  Electronic           ..............           2,500             .10             250
                              Registration of
                              New Branch by
                              Mortgagees via FHA
                              Connection.
4..........................  Electronic           ..............           3,000             .05             150
                              Termination of
                              Existing Branch by
                              all lenders via
                              FHA Connection.
5..........................  Cover Sheet for      ..............             200             .05              10
                              Application Fee or
                              Conversion of
                              Mortgagee Type for
                              Title I Approval
                              (by paper).
5..........................  Cover Sheet for      ..............           1,800             .05              90
                              Application Fee or
                              Conversion of
                              Mortgagee Type for
                              Title II Approval
                              (by paper).
5..........................  Application Fee for  ..............           4,000             .05             200
                              Branch
                              registration
                              electronically or
                              request for
                              approval in paper
                              using HUD 92001-B.
7..........................  Non-Address          ..............             600             .50             300
                              Business Change
                              Notification (by
                              paper).
8..........................  Address Updates via  ..............           3,000             .25             750
                              FHA Connection.
9..........................  Personnel Change     ..............           1,000             .50             500
                              Notification of
                              new owners,
                              officers,
                              directors or
                              partners (by
                              paper).
10.........................  Non-Compliance       ..............             600            1.00             600
                              Notification
                              pursuant to Lender
                              Quality Control
                              Plans (by paper).
11.........................  Voluntary            ..............             500             .25             125
                              Termination by a
                              Lender (by letter).
                                                 -----------------
    Total..................  ...................          13,500          32,250  ..............           8,938
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[[Page 52518]]

    Status of the proposed information collection: Revision of a 
currently approved collection.

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

    Dated: August 18, 2004.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing, Deputy Federal Housing 
Commissioner.
[FR Doc. 04-19492 Filed 8-25-04; 8:45 am]
BILLING CODE 4210-27-M