[Federal Register Volume 74, Number 153 (Tuesday, August 11, 2009)]
[Notices]
[Pages 40217-40218]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-19240]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5285-N-25]


Notice of Proposed Information Collection: Comment Request; 
Direct Endorsement Underwriter/HUD Reviewer--Analysis of Appraisal 
Report

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, 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 13, 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, Reports 
Management Officer, Department of Housing and Urban Development, 451 
7th Street, SW., L'Enfant Plaza Building, Room 8003, Washington, DC 
20410, or Lillian--L-- [email protected].

FOR FURTHER INFORMATION CONTACT: Margaret Burns, 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: Direct Endorsement Underwriter/HUD Reviewer--
Analysis of Appraisal Report.
    OMB Control Number, if applicable: 2502-0477.
    Description of the need for the information and proposed use: The 
Department may review the information on the Direct Endorsement 
Underwriter/HUD Reviewer Analysis of Appraisal Report. This information 
is provided by the lenders and reviewed for any and all comments that 
are provided by the lender on deficient information contained in the 
appraisal report. The information collected is used by FHA to monitor 
the quality of the lender's analysis of the appraisal report, identify 
areas of weakness for future training, and removing lenders that 
consistently exhibit careless underwriting and subsequently affect the 
risk to the Department.
    Agency form numbers, if applicable: HUD-54114.
    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 estimated total number of burden 
hours needed to prepare the information collection is 27,916; the 
number of respondents is 558,319 generating approximately 558,319 
annual responses; the frequency

[[Page 40218]]

of response is on occasion; and the estimated time needed to prepare 
the response is .05 hour per response.
    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: August 4, 2009.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing--Deputy Federal 
Housing Commissioner.
[FR Doc. E9-19240 Filed 8-10-09; 8:45 am]
BILLING CODE 4210-67-P