[Federal Register Volume 70, Number 56 (Thursday, March 24, 2005)]
[Notices]
[Page 15116]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-5826]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4975-N-05]


Notice of Proposed Information Collection: Comment Request

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

DATES: Comments Due Date: May 23, 2005.

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 8001, Washington, DC 20410 or 
[email protected].

FOR FURTHER INFORMATION CONTACT: Cheryl D. Gordon, Operating 
Accountant, Office of Financial Services, Department of Housing and 
Urban Development, 451 7th Street, SW., Washington, DC 20410, telephone 
(202) 401-2168, extension 4962 (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 is 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: Multifamily Insurance Benefits Claims Package.
    OMB Control Number, if applicable: 2502-415.
    Description of the need for the information and proposed use: When 
a lender with an insured multifamily mortgage assigns a mortgage or 
conveys a property to HUD, the lender is required to submit all records 
and accounts relative to the mortgage to HUD. These provisions are 
spelled out in Statute 12 USC 1713(g); Title II, section 207(g) of the 
National Housing Act; and 24 CFR 207.258(b)(4). To receive insurance 
benefits, the mortgagee must prepare and submit to HUD the multifamily 
Insurance Benefits Claims Package.
    Agency form numbers, if applicable: HUD-2742, HUD-2744-A, HUD-2744-
B, HUD-2744-C, HUD-2744-D, HUD-2744E, and HUD-434
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The estimated number of respondents is 
118 (113 regular claims and 5 co-insured claims), the frequency of 
response is one per claim, the burden per response is estimated to be 
four hours for a regularly submitted claim or three hours for a co-
insured claim, and the total estimated annual burden hours requested is 
478.
    Status of the proposed information collection: Revision of a 
currently approved collection to incorporate OMB information 
collections 2502-0418 and 2502-0555.

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

    Dated: March 17, 2005.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. 05-5826 Filed 3-23-05; 8:45 am]
BILLING CODE 4210-27-M