[Federal Register Volume 70, Number 97 (Friday, May 20, 2005)]
[Notices]
[Pages 29341-29342]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-10039]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4975-N-15]


Notice of Proposed Information Collection: Comment Request; 
Lender Insurance Certification

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: July 17, 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: Vance Morris, Director, Office of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 
708-2121 (this is not a toll free number) for copies of the proposed 
forms and other available information.

[[Page 29342]]


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) Evaluation 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: Lender Insurance Certification.
    OMB Control Number, if applicable: New collection.
    Description of the need for the information and proposed use: HUD's 
Lender Insurance (LI) program allows eligible Direct Endorsement 
mortgagees to submit loan-level data to HUD and receive the benefit of 
immediate mortgage insurance endorsement without the necessity of HUD 
reviewing the individual case binder prior to insuring the loan. While 
existing statute and regulations describe lender eligibility, FHA 
believes it prudent to require participating lenders to self-certify 
electronically that each is eligible under the LI program, and that 
they will abide by all regulations, handbooks, mortgagees letters, and 
other appropriate notifications regarding the LI program.
    Agency form numbers, if applicable: Yes.
    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 number of burden hours is 24. The 
number of respondents is 300, the frequency of response is quarterly, 
and the burden hour per response is 1 minute.
    Status of the proposed information collection: This is a new 
collection.

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

    Dated: May 12, 2005.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. 05-10039 Filed 5-19-05; 8:45 am]
BILLING CODE 4210-27-M