[Federal Register Volume 71, Number 26 (Wednesday, February 8, 2006)]
[Rules and Regulations]
[Page 6347]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-1121]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Part 203

[Docket No. FR-4169-F-04]
RIN 2502-AG87


Delegation of Insuring Authority To Direct Endorsement Mortgages; 
Announcement of Information Collection Effective Date

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Final rule; announcement of effective date.

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SUMMARY: This document announces the effective date for the information 
collection statement contained in a HUD interim rule published in the 
Federal Register on June 2, 1997. An information collection requirement 
cannot be instituted unless it is cleared by the Office of Management 
and Budget (OMB) and assigned an OMB control number. The information 
collection requirements of the June 2, 1997 interim rule were cleared 
by OMB on July 10, 1997, and are currently covered by OMB Control 
Number 2502-0059. Accordingly, the information collection statement in 
HUD's June 2, 1997, interim rule took effect upon approval by OMB on 
July 10, 1997.

DATES: Effective Date: The amendment to Sec.  203.255(f), published in 
the Federal Register on June 2, 1997, at 62 FR 30222, is effective as 
of July 10, 1997.

FOR FURTHER INFORMATION CONTACT: Kathleen O. McDermott, Senior 
Management Analyst, Policy Planning and Analysis Division, Office of 
Housing, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Room 9116, Washington, DC 20410-7000, telephone (202) 708-
0826 (this is not a toll free number). Individuals with speech or 
hearing impairments may access this number through TTY by calling the 
toll-free Federal Information Relay Service at 800-877-8339.

SUPPLEMENTARY INFORMATION: On June 2, 1997 (62 FR 30222), HUD published 
an interim rule, entitled ``Delegation of Insuring Authority to Direct 
Endorsement Mortgagees,'' which, in part, provided that Lender 
Insurance mortgagees must maintain records, including origination 
files, in a manner and for a time period to be prescribed by the 
Assistant Secretary for Housing--Federal Housing Commissioner, and must 
make them available to authorized HUD staff upon request (24 CFR 
203.255(f)).
    At the time of the publication of the interim rule, the information 
collection requirements contained in Sec.  203.255(f) had been 
submitted to, but not yet approved by, the Office of Management and 
Budget (OMB) for review in accordance with the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501-3520). Under the Paperwork Reduction Act, an 
agency may not conduct or sponsor, and a person is not required to 
respond to, a collection of information unless and until the collection 
displays a valid OMB control number.
    OMB approved the information collection contained in 24 CFR 
203.255(f), as amended by HUD's June 2, 1997, interim rule, on July 10, 
1997. Accordingly, the information collection requirements were 
effective upon that date. The information collection requirements at 
Sec.  203.255(f) were originally assigned OMB control number 2502-0365. 
In July 2000, OMB control number 2502-0059 replaced OMB control number 
2502-0365 as the valid control number that authorizes the information 
collection requirements. OMB control number 2502-0059 remains the 
currently approved control number for Sec.  203.255(f).

    Dated: January 30, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing.
[FR Doc. 06-1121 Filed 2-7-06; 8:45 am]
BILLING CODE 4210-67-P