[Federal Register Volume 70, Number 118 (Tuesday, June 21, 2005)]
[Notices]
[Page 35688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-12136]



[[Page 35688]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4978-N-05]


Notice of Proposed Information Collection for Public Comment; 
Mortgage Credit Analysis for Loan Guarantee Program and Transmittal for 
Payment of Loan Guarantee Fee

AGENCY: Office of the Assistant Secretary for Public and Indian 
Housing, 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: August 22, 2005.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name/or OMB 
Control number and should be sent to: Wayne Eddins, Reports Management 
Officer, AYO, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail [email protected].

FOR FURTHER INFORMATION CONTACT: Aneita Waites, (202) 708-0713, 
extension 4114, for copies of the proposed forms and other available 
documents. (This is not a toll-free number).

SUPPLEMENTARY INFORMATION: The Department will submit 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 of information 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 
through 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: Mortgage Credit Analysis Worksheet for Native 
American Loan Guarantee Program and Transmittal for Loan Guarantee Fee.
    OMB Control Number: 2577-0200.
    Description of the need for the information and proposed use: The 
information is required by section 184 of the Housing and Community 
Development Act of 1994, as amended by section 701 of the Native 
American Housing Assistance and Self-Determination Act of 1996 and 
implementing regulations at 24 CFR section 1005. HUD has the authority 
to guarantee loans for the construction, acquisition, rehabilitation or 
refinance of 1- to 4-family homes to be owned by Native Americans in 
restricted Indian lands or service areas. Mortgage lenders approved by 
HUD provide borrower and lender information to HUD for guarantee of the 
loan. If the information were not provided on Forms HUD-53036 and HUD-
53038, HUD would be unable to guarantee loans and as a result lenders 
would be unable to provide financing to Native Americans.
    Agency form number: HUD-53036 and HUD-53038.
    Members of affected public: Businesses or Other For-profit.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: 2,000 responses (1,000 x 2 forms), on 
occasion, fifteen minutes to prepare HUD-53036, five minutes to prepare 
HUD-53038, 334 hours total reporting burden.
    Status of the proposed information collection: Extension of 
currently approved collection.
    The information is currently collected manually in the Office of 
Loan Guarantee. Statutory mandates and Federal program requirements 
would not be met if the collection is not conducted, or is conducted 
less frequently.

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: June 15, 2005.
Paula O. Blunt,
General Deputy Assistant Secretary for Public and Indian Housing.
[FR Doc. 05-12136 Filed 6-20-05; 8:45 am]
BILLING CODE 4210-33-P