[Federal Register Volume 73, Number 152 (Wednesday, August 6, 2008)]
[Notices]
[Pages 45777-45778]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-17959]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5191-N-22]


Notice of Proposed Information Collection: Comment Request; Loss 
Mitigation Evaluation

AGENCY: Office of the Assistant Secretary for Housing, 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: October 6, 2008.

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, Departmental 
Reports

[[Page 45778]]

Management Officer, QDAM, Department of Housing and Urban Development, 
451 7th Street, SW., Washington, DC 20410; e-mail [email protected] or telephone (202) 402-8048.

FOR FURTHER INFORMATION CONTACT: Jim Hass, Housing Program Specialist, 
Office of Single Family Asset Management, Department of Housing and 
Urban Development, 451 7th Street, SW., Washington, DC 20410, telephone 
(202) XXX-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: Loss Mitigation Evaluation.
    OMB Control Number, if applicable: 2502-0523.
    Description of the need for the information and proposed use: This 
information is needed to ascertain whether the mortgagee performed 
adequate and prudent loan servicing. If a mortgagee submits a claim for 
FHA insurance benefits, this information will be subject to postclaim 
review under the Department's lender monitoring activities. Mortgagees/
servicers must consider the comparative effects of their elective 
servicing actions, and must take those appropriate actions that can 
reasonably be expected to generate the smallest financial loss to HUD.
    Agency form numbers, if applicable: None.
    Estimation of the total number 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 116,784. 
The number of respondents is 600, the number of responses is 467,135, 
the frequency of response is on occasion, and the burden hour per 
response is .25.
    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: July 28, 2008.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing and Deputy 
Federal Housing Commissioner. 3
 [FR Doc. E8-17959 Filed 8-5-08; 8:45 am]
BILLING CODE 4210-67-P