[Federal Register Volume 71, Number 43 (Monday, March 6, 2006)]
[Notices]
[Page 11218]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-3136]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5037-N-11]


Notice of Submission of Proposed Information Collection to OMB; 
Mortgagee's Certification of Fees and Escrow and Surely Bond Against 
Defects

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.
    Mortgagees provide this information to certify that fees are within 
acceptable limits and the required escrows will be collected. HUD 
determines the reasonableness of the fees and uses the information in 
calculating the financial requirement for closing. The surely bond 
ensures a project has ample coverage regarding defects.

DATES: Comments Due Date: April 5, 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 (2502-0468) 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: Lillian Deitzer, Reports Management 
Officer, AYO, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail 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 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 Certification of Fees and Escrow and 
Surely Bond Against Defects.
    OMB Approval Number: 2502-0468.
    Form Numbers: HUD-2434 and HUD-3259.
    Description of the Need for the Information and Its Proposed Use: 
Mortgagees provide this information to certify that fees are within 
acceptable limits and the required escrows will be collected, HUD 
determines the reasonableness of the fees and uses the information in 
calculating the financial requirement for closing. The surely bond 
ensures a project has ample coverage regarding defects.
    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....................           1,020             1.49   ..            0.60   ..             917
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    Total Estimated Burden Hours: 917.
    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: February 28, 2006.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E6-3136 Filed 3-3-06; 8:45 am]
BILLING CODE 4210-67-P