[Federal Register Volume 70, Number 237 (Monday, December 12, 2005)]
[Notices]
[Pages 73480-73481]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-7175]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4971-N-63]


Notice of Submission of Proposed Information Collection to OMB; 
Single Family Premium Collection Subsystem-Periodic (SFPCS-P)

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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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.
    The SFPCS-P is used to collect monthly mortgage insurance premiums 
(MIP) from mortgagees. The Credit Reform Act of 1990 requires FHA to 
report case level mortgage insurance payment information for each 
endorsement. In addition, 24 CFR 203.264 requires mortgagees to pay 
monthly MIP's and 24 CFR 203.269 requires that the MIP's be remitted 
electronically.

DATES: Comments Due Date: January 11, 2006.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0536) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New

[[Page 73481]]

Executive Office Building, Washington, DC 20503; fax: 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Wayne Eddins, Reports Management 
Officer, AYO, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail [email protected]; or 
Lillian Deitzer at [email protected] or telephone (202) 708-
2374. This is not a toll-free number. Copies of available documents 
submitted to OMB may be obtained from Mr. Eddins or Ms. Deitzer.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the information collection described below. 
This notice is soliciting comments from members of the public and 
affecting 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: Single Family Premium Collection Subsystem--
Periodic (SFPCS-P).
    OMB Approval Number: 2502-0536.
    Form Numbers: None.
    Description of the Need for the Information and Its Proposed Use: 
The SFPCS-P is used to collect monthly mortgage insurance premiums 
(MIP) from mortgagees. The Credit Reform Act of 1990 requires FHA to 
report case level mortgage insurance payment information for each 
endorsement. In addition, 24 CFR 203.264 requires mortgagees to pay 
monthly MIP's and 24 CFR 203.269 requires that the MIP's be remitted 
Electronically.
    Frequency of Submission: On occasion, Monthly.

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                                                    Number of      Annual           Hours per
                                                   respondents    responses    x    response     =  Burden hours
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Reporting Burden................................        3,150            12   ..         0.15   ..        5,670
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    Total Estimated Burden Hours: 5,670.
    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: December 2, 2005.
Wayne Eddins,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
 [FR Doc. E5-7175 Filed 12-9-05; 8:45 am]
BILLING CODE 4210-72-P