[Federal Register Volume 74, Number 64 (Monday, April 6, 2009)]
[Notices]
[Page 15514]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-7554]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5285-N-10]


Notice of Proposed Information Collection: Comment Request; 
Application for HUD/FHA Insured Mortgage ``HOPE for Homeowners''

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: June 5, 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: Margaret Burns, Director, Office of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-2121 (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: Application for HUD/FHA Insured Mortgage 
``HOPE'' for Homeowners.
    OMB Control Number, if applicable: 2502-0579.
    Description of the need for the information and proposed use: This 
information is collected on new mortgages offered by FHA approved 
mortgagees to mortgagors who are at risk of losing their homes to 
foreclosure. The new FHA insured mortgages refinance the borrowers 
existing mortgage at a significant writedown. Under the program the 
mortgagors share the new equity and future appreciation with FHA.
    Agency form numbers, if applicable: HUD92900-H4H, HUD92915-H4H, 
HUD92916-H4H and HUD92917-H4H.
    Estimation of the total numbers 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 911,715. 
The number of respondents is 8,000, the number of responses is 
1,332,660, the frequency of response is once per loan, and the burden 
hour per response is 5.60.
    Status of the proposed information collection: This is a new 
collection.

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

    Dated: March 27, 2009.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing--Deputy Federal 
Housing Commissioner.
 [FR Doc. E9-7554 Filed 4-3-09; 8:45 am]
BILLING CODE 4210-67-P