[Federal Register Volume 71, Number 248 (Wednesday, December 27, 2006)]
[Notices]
[Pages 77777-77778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-22232]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5041-N-46]


Notice of Proposed Information Collection: Comment Request; FHA 
TOTAL Mortgage Scorecard

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

ACTION: Notice.

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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: February 26, 2007.

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 
Seventh Street, SW., L'Enfant Plaza Building, Room 8001, Washington, DC 
20410 or [email protected].

FOR FURTHER INFORMATION CONTACT: James Beavers, Deputy Director, Office 
of Single Family Program Development, Department of Housing and Urban 
Development, 451 Seventh Street, SW., Washington, DC 20410, telephone 
(202) 708-2121 (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

[[Page 77778]]

information technology, e.g., permitting electronic submission of 
responses.
    This Notice also lists the following information:
    Title of Proposal: FHA TOTAL Mortgage Scorecard.
    OMB Control Number, if applicable: 2502-0556.
    Description of the need for the information and proposed use: The 
data collection requirements consist of an electronic lender 
certification process, requirements to provide reports and loan samples 
at FHA's request, and appeals in writing for loss of privilege to use 
the scorecard. HUD uses the information to assure that lenders (and 
automated underwriting vendors) are aware of their obligations 
regarding use of the TOTAL Mortgage Scorecard and are certifying that 
they will comply with all pertinent regulations. It also allows FHA to 
request reports from lenders regarding their use of the scorecard and 
that they have implemented appropriate quality control procedures for 
using the scorecard. The collection provides an appeal mechanism should 
FHA take an action to terminate a lender's use of the scorecard.
    Agency form numbers, if applicable: None.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The number of burden hours is 908. The 
number of respondents is 12,000; number of responses is 452; the 
frequency of response is on occasion, and the burden hour per response 
is varies from 1 minute to 200 hours.
    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: December 20, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. E6-22232 Filed 12-26-06; 8:45 am]
BILLING CODE 4210-67-P