[Federal Register Volume 71, Number 209 (Monday, October 30, 2006)]
[Notices]
[Page 63332]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-18069]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5041-N-39]


Notice of Proposed Information Collection: Comment Request; 
Mortgagees Annual Notification to Mortgagors

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

ACTION: Notice.

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

SUMMARY: The proposed information collection requirement described 
below will be 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.

DATES: Comments Due Date: December 29, 2006.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Lillian Deitzer, Reports 
Management Officer, Department of Housing and Urban Development, 451 
7th Street, SW., L'Enfant Plaza Building, Room 8003, Washington, DC 
20410 or [email protected].

FOR FURTHER INFORMATION CONTACT: Laurie Maggiano, Acting Director, 
Office of Single Family Asset Management, Department of Housing and 
Urban Development, 451 7th Street SW., Washington, DC 20410, telephone 
(202) 708-1672 (this is not a toll free number) for copies of the 
proposed forms and other available information.

SUPPLEMENTARY INFORMATION: The Department is submitting the proposed 
information collection to OMB for review, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. chapter 35, as amended).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection 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 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: Mortgagees Annual Notification to Mortgagors.
    OMB Control Number, if applicable: 2502-0235.
    Description of the need for the information and proposed use: The 
purpose of this notice is to extend the use of 24 CFR 203.508(c) and 24 
CFR 235.1001. The requirements of the 24 CFR 203.508(c) state, in part, 
that ``within thirty days after the end of each calendar year, the 
mortgagee shall furnish to the mortgagor a statement of the interest 
paid, and of the taxes disbursed from the escrow account during the 
preceding year''. The requirements of 24 CFR 235.1001 state, in part, 
that ``mortgagees must provide to the mortgagor an annual statement of 
interest paid and taxes disbursed and shall include an accounting of 
the total amount of assistance payments paid by HUD and applied to the 
mortgagor's account during the preceding year.''
    Agency form numbers, if applicable: None.
    Estimation of the total hours needed to prepare the information 
collection including number of respondents, frequency of response, and 
hours of response: The estimated total number of burden hours needed to 
prepare the information collection is 1,143; the number of respondents 
is 438 generating approximately 4,003,880 annual responses; the 
frequency of response is annually and third party disclosures; and the 
estimated time needed to prepare the response is less than 1 minute.
    Status of the proposed information collection: Extension is a 
previously approved collection.

    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: October 23, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
 [FR Doc. E6-18069 Filed 10-27-06; 8:45 am]
BILLING CODE 4210-67-P