[Federal Register Volume 72, Number 241 (Monday, December 17, 2007)]
[Notices]
[Page 71423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 07-6054]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5117-N-105]


Compliance Inspection Report--Mortgagee's Assurance of Completion

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.
    The Compliance Inspection Report is used by staff and private 
inspectors and appraisers. The Mortgagee's assurance of Completion is 
used by mortgage companies for establishing escrow for incomplete 
repairs or construction. HUD staff review and approve these forms and 
use them in monitoring and training.

DATES: Comments Due Date: January 16, 2008.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Approval Number (2502-0189) 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, QDAM, 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: Compliance Inspection Report--Mortgagee's 
Assurance of Completion.
    OMB Approval Number: 2502-0189.
    Form Numbers: HUD-92051 and HUD-92300.
    Description of the Need for the Information and Its Proposed Use: 
The Compliance Inspection Report is used by staff and private 
inspectors and appraisers. The Mortgagee's Assurance of Completion is 
used by mortgage companies for establishing escrow for incomplete 
repairs or construction. HUD staff review and approve these forms and 
use them in monitoring and training.
    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..................          37,440            16.64   ...           0.248   ...         154,667
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    Total Estimated Burden Hours: 154,667.
    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: December 10, 2007.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. 07-6054 Filed 12-14-07; 8:45 am]
BILLING CODE 4210-67-P