[Federal Register Volume 72, Number 192 (Thursday, October 4, 2007)]
[Notices]
[Page 56718]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-19628]


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 Notices
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 This section of the FEDERAL REGISTER contains documents other than rules 
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  Federal Register / Vol. 72, No. 192 / Thursday, October 4, 2007 / 
Notices  

[[Page 56718]]



DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

October 1, 2007.
    The Department of Agriculture has submitted the following 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments 
regarding (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 should be addressed to: Desk 
Officer for Agriculture, Office of Information and Regulatory Affairs, 
Office of Management and Budget (OMB), [email protected] or 
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, 
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these 
information collections are best assured of having their full effect if 
received within 30 days of this notification. Copies of the 
submission(s) may be obtained by calling (202) 720-8681.
    An agency may not conduct or sponsor a collection of information 
unless the collection of information displays a currently valid OMB 
control number and the agency informs potential persons who are to 
respond to the collection of information that such persons are not 
required to respond to the collection of information unless it displays 
a currently valid OMB control number.

Rural Housing Service

    Title: Form RD 1940-59, Settlement Statement.
    OMB Control Number: 0575-0088.
    Summary of Collection: The real Estate Settlement Procedures Act 
(RESPA), as amended, requires the disclosure of real estate settlement 
costs to real estate buyers and sellers. Disclosure of the nature and 
costs of a mortgage transaction enables the borrower to be a more 
informed customer and protects the public from unnecessarily high 
settlement charges.
    Need and Use of the Information: Form RD 1940-49 is completed by 
Settlement Agents, Closing Attorneys, and Title Insurance Companies 
performing the closing of RHS loans and credit sales use to purchase or 
refinance Section 502 Housing, Rural Rental Housing, and Farm Laboring 
Housing. The same parties performing the closing of FSA Farm Ownership 
loans and credit sales complete the form. The information is collected 
to provide the buyer and the seller with a statement detailing the 
actual costs of the settlement services involved in certain Agency 
financed real estate transactions. Failure to collect the information 
and disclose the information would be a violation of the RESPA.
    Description of Respondents: Business or for-profit.
    Number of Respondents: 11,928.
    Frequency of Responses: Reporting: On occasion.
    Total Burden Hours: 7,530.

Charlene Parker,
Departmental Information Collection Clearance Officer.
 [FR Doc. E7-19628 Filed 10-3-07; 8:45 am]
BILLING CODE 3410-XT-P