[Federal Register Volume 71, Number 41 (Thursday, March 2, 2006)]
[Notices]
[Pages 10635-10636]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-2928]


-----------------------------------------------------------------------

DEPARTMENT OF AGRICULTURE

Farm Service Agency


Request for Revision and Extension of a Currently Approved 
Information Collection; Servicing of Real Estate Security for Farmer 
Program Loans and Certain Note-Only Cases

AGENCY: Farm Service Agency, USDA.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this 
notice announces the intent of the Farm Service Agency (FSA) to request 
renewal of the information collection currently approved and used in 
support of the FSA Farm Loan Programs (FLP).

DATES: Comments on this notice must be received on or before May 1, 
2006 to be assured consideration.

FOR FURTHER INFORMATION CONTACT: Michael Cumpton, USDA, Farm Service 
Agency, Loan Servicing and Property Management Division, 1400 
Independence Avenue, SW., STOP 0523, Washington, DC 20250-0523; 
Telephone (202) 690-4014; Electronic mail: [email protected].

SUPPLEMENTARY INFORMATION:
    Title: (7 CFR 1965-A) Servicing of Real Estate Security for Farmer 
Program Loans and Certain Note-Only Cases.
    OMB Control Number: 0560-0158.
    Expiration Date: September 30, 2006.
    Type of Request: Extension of a Currently Approved Information 
Collection.
    Abstract: Section 331 of the CONACT (7 U.S.C. 1981), in part, 
authorizes the Secretary of Agriculture to modify, subordinate and 
release terms of security instruments, leases, contracts, and 
agreements entered into by FSA. That section also authorizes transfers 
of security property as the Secretary deems necessary to carry out the 
purpose of the loan or protect the Government's financial interest. 
Section 335 of the CONACT (7 U.S.C. 1985), provides servicing authority 
for real estate security; operation or lease of realty; disposition of 
property; conveyance of real property interest of the United States; 
easements; and condemnations. The information collection required by 
the Act relates to a program benefit recipient or loan borrower 
requesting action on security they own, which was purchased with FSA 
loan funds, improved with FSA loan funds or has otherwise been 
mortgaged to FSA to secure a government loan. The information to be 
collected will primarily be financial data not already on file, such as 
borrower asset values.
    Estimate of Annual Burden: Public reporting burden for this 
collection of information is estimated to average .40 hours per 
response.
    Respondents: Individuals or households, businesses or other for 
profit and farms.
    Estimated Number of Respondents: 31,366.
    Estimated Number of Responses per Respondent: 1.0.
    Estimated Total Annual Burden on Respondents: 12,697 hours.
    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility; (b) the 
accuracy of the agency's estimate of burden including the validity of 
the methodology and assumptions used; (c) ways to enhance the quality, 
utility and clarity of the information to be collected; (d) ways to 
minimize the burden of the collection of information on those who are 
to respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology. These comments should be sent to 
the Desk Officer for Agriculture, Office of Information and Regulatory 
Affairs, Office of Management and Budget, Washington, DC 20503 and to 
Michael Cumpton, Senior Loan Officer, USDA, FSA, Farm Loan Programs, 
Loan Servicing Division, 1400 Independence Avenue, SW., STOP 0523, 
Washington, DC 20250-0523.
    Comments will be summarized and included in the request for Office 
of Management and Budget approval of the information collection. All 
comments will also become a matter of public record.


[[Page 10636]]


    Signed in Washington, DC, on February 22, 2006.
Teresa C. Lasseter,
Administrator, Farm Service Agency.
[FR Doc. E6-2928 Filed 3-1-06; 8:45 am]
BILLING CODE 3410-05-P