[Federal Register Volume 72, Number 134 (Friday, July 13, 2007)]
[Notices]
[Pages 38609-38610]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-13677]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5117-N-55]


Notice of Submission of Proposed Information Collection to OMB; 
Application for Insurance of Advance of Mortgage Proceeds

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.
    A mortgagor (or mortgagor/contractor) requests an advance of 
mortgage proceeds for reimbursement of project construction 
expenditures. Upon further input and review the mortgagee transmits the 
information to HUD for approval on a monthly basis for reimbursement of 
funds.

DATES: Comments Due Date: August 13, 2007.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0097) 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, Departmental Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410; e-mail [email protected] or telephone (202) 708-2374. This is not a

[[Page 38610]]

toll-free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Deitzer or from HUD's Web site at http://www5.hud.gov:63001/po/i/icbts/collectionsearch.cfm.

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: Application for Insurance of Advance of Mortgage 
Proceeds.
    OMB Approval Number: 2502-0097.
    Form Numbers: Form HUD-92403.
    Description of the Need for the Information and Its Proposed Use:
    A mortgagor (or mortgagor/contractor) requests an advance of 
mortgage proceeds for reimbursement of project construction 
expenditures. Upon further input and review the mortgagee transmits the 
information to HUD for approval on a monthly basis for reimbursement of 
funds.
    Frequency of Submission: On Occasion.

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                                     Number of              Annual             Hours per
                                    respondents     x     responses      x      response      =    Burden hours
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Reporting Burden................           2,100   ..              16   ..             0.1   ..           3,360
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    Total Estimated Burden Hours: 3,360.
    Status: Extension of a current collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: July 2, 2007.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E7-13677 Filed 7-12-07; 8:45 am]
BILLING CODE 4210-67-P