[Federal Register Volume 70, Number 240 (Thursday, December 15, 2005)]
[Notices]
[Page 74329]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-7349]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4971-N-65]


Notice of Submission of Proposed Information Collection to OMB; 
Mortgagee's Request for Extension of Time Requirements

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.
    This information collection is used as a ``turnaround'' document by 
mortgage lenders to request extension of time and for HUD to provide a 
response. For audit purposes, regulations require mortgagee's to 
maintain claim files for three years after a claim is paid. Information 
in the claim file includes copies of the HUD approval with related 
claim documents to verify that HUD has authorized extensions of time on 
specific cases.

DATES: Comments Due Date: January 17, 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 (2502-0436) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New 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: Mortgagee's Request for Extension of Time 
Requirements.
    OMB Approval Number: 2502-0436.
    Form Numbers: HUD-50012.
    Description of the Need for the Information and Its Proposed Use: 
This information collection is used as a ``turnaround'' document by 
mortgage lenders to request extension of time and for HUD to provide a 
response. For audit purposes, regulations require mortgagee's to 
maintain claim files for three years after a claim is paid. Information 
in the claim file includes copies of the HUD approval with related 
claim documents to verify that HUD has authorized extensions of time on 
specific cases.
    Frequency of Submission: On occasion.

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                                       Number of          Annual              Hours per
                                      respondents       responses      x       response      =     Burden hours
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Reporting burden..................             146                5   ...               6   ...           4,504
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    Total Estimated Burden Hours: 4,504.
    Status: Revision of a currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: December 8, 2005.
Wayne Eddins,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E5-7349 Filed 12-14-05; 8:45 am]
BILLING CODE 4210-72-P