[Federal Register Volume 74, Number 17 (Wednesday, January 28, 2009)]
[Notices]
[Pages 4969-4971]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-1824]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5285-N-02]


Notice of Proposed Information Collection: Comment Request; FHA 
Lender Approval, Annual Renewal, Periodic Updates and Noncompliance 
Reporting by FHA Approved Lenders

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: March 30, 2009.

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 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: Program Contact, Director, Office of 
Lender Activities and Program Compliance, Department of Housing and 
Urban Development, 451 7th Street, SW., Room B133-P3214, Washington, DC 
20410, telephone (202) 708-1515 (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: FHA Lender Approval, Annual Renewal, Periodic 
Updates and Noncompliance Reports by FHA Approved Lenders.
    OMB Control Number, if applicable: 2502-0005.
    Description of the need for the information and proposed use: The 
information is used by FHA to verify that lenders meet all approval, 
renewal, update and compliance requirements at all times. It is also 
used to assist FHA in managing its financial risks and protect 
consumers from lender noncompliance with FHA rules and regulations.
    The application form 11701 that was previously covered by this 
collection was shared with Ginnie Mae for its applicants. It is also 
approved under 2503-0033. The application form in this collection has 
been revised to only cover FHA lender approval applicants and has a new 
form number 92001-A
    Agency form numbers, if applicable:
HUD-92001-A Previously HUD-11701, FHA Lender Approval Application Form.
HUD-92001-B FHA Branch Registration Form.
HUD-92001-C Previously HUD-56005, Noncompliances on Title I Loans.
HUD 92001-D Previously HUD-11701-E, Noncompliances on Title II 
Mortgages.
HUD-92001-E Previously HUD-11701-A, Application Fee for Title I.
HUD-92001-F Previously HUD-11701-B, Application Fee for Title II.
HUD-92001-G Previously HUD-11701-C. Title I Lender Annual Verification 
Report.
HUD-92001-H Previously HUD-11701-D, Title II Lender Annual Verification 
Report.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

[[Page 4970]]



                                                              Information Collection Burden
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                                                                       Number of   Total annual    Hours per    Total annual    Cost per    Total annual
            Item No.                   Information collection         respondents    responses      response        hours         hour          cost
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A..............................  Paper submission of HUD-92001-A            4,000         4,000           2.0          8,000           $47      $376,000
                                  Application for FHA Lender
                                  Approval, or Conversion,
                                  including attachments.
B..............................  Electronic submission of HUD-92001- ............  ............            .5   ............            47
                                  A Application for FHA Lender
                                  Approval or Conversion, including
                                  attachments (Currently under
                                  development).
C..............................  Paper Submission of HUD-92100-B     ............         1,500           0.5            750            47        35,250
                                  Application for Registration of
                                  New Branch (including
                                  attachments).
D..............................  Electronic Registration of New      ............         3,500           0.1
                                  Branch by Mortgagees via FHA
                                  Connection.
E..............................  Paper submission of HUD-92001-C     ............           100           1              100            47         4,700
                                  Non-Compliance Report on Title I
                                  Loans.
F..............................  Electronic submission of HUD-92100- ............         2,400           0.15           360            47        16,920
                                  D Lender Self Reporting on Title
                                  II Mortgages pursuant to Lender
                                  Quality Control Plans via FHA
                                  Connection.
G..............................  Paper submission of HUD-92001-E     ............         4,000           0.05           200            47         9,400
                                  and 92001-F Application Fee Cover
                                  Sheets for Title I and Title II
                                  Lender Approval Applications or
                                  Conversion.
H..............................  Electronic payment of Application   ............  ............            .05
                                  Fee for Title I or Title II
                                  Lender Approval or Conversion
                                  using pay.gov (currently under
                                  development).
I..............................  Paper submission of HUD 92001-E     ............         1,500            .05            75            47         3,525
                                  and 92001-F Fee Cover Sheets for
                                  Title I and Title II Branch
                                  Registration.
J..............................  Electronic payment of fee for       ............         3,500            .05           175            47         8,225
                                  Title I or Title II Branch
                                  Registration using pay.gov via
                                  FHA Connection..
K..............................  Paper submission of HUD-92001-G           13,000        13,000            .10         1,300            47        61,100
                                  and 92001-H for Title I and Title
                                  II Annual Verification Report by
                                  all FHA Approved Lenders.
L..............................  Electronic submission of Annual     ............  ............            .10
                                  Verification Report via FHA
                                  Connection by all FHA Approved
                                  Lenders via FHA Connection
                                  (currently under development).
M..............................  Electronic Submission of Annual     ............        10,000           3           30,000            47     1,410,000
                                  Financial Statements using the
                                  Lender Assessment SubSystem via
                                  FHA Connection by Title I and
                                  Title II Nonsupervised Mortgagees
                                  and Loan Correspondents.
N..............................  Electronic payment of annual        ............        12,000            .05           600            47        28,200
                                  renewal fee of FHA lender
                                  approval using pay.gov via of FHA
                                  Connection.
O..............................  Electronic Termination of Existing  ............         4,000           0.05           200            47         9,400
                                  Branch by all lenders via FHA
                                  Connection.
P..............................  Non-Address Business Change         ............           600           0.5            300            47        14,100
                                  Notification (by paper).
Q..............................  Address Updates via FHA Connection  ............         3,000           0.25           750            47        35,250
                                  (electronic).

[[Page 4971]]

 
R..............................  Personnel Change Notification of    ............         1,000           0.5            500            47        23,500
                                  new owners, officers, directors
                                  or partners (by paper).
S..............................  Voluntary Termination by a Lender   ............           500           0.25           125            47         5,875
                                  (by letter).
T..............................  Credit Watch Termination            ............            14           8              112            47         5,264
                                  Reinstatements (by paper).
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                                 Totals............................  ............        63,614  .............        43,547            47     2,046,709
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    Status of the proposed information collection: Extension of 
currently approved collection.

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

    Dated: January 21, 2009.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing--Deputy Federal 
Housing Commissioner.
[FR Doc. E9-1824 Filed 1-27-09; 8:45 am]
BILLING CODE 4210-67-P