[Federal Register Volume 75, Number 189 (Thursday, September 30, 2010)]
[Notices]
[Pages 60474-60475]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-24468]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5380-N-35]


Notice of Proposed Information Collection: Comment Request; 
Mortgage Record Change

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: November 29, 2010.

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: Reports Liaison Officer, 
Department of Housing and Urban Development, 451 7th Street, SW., 
Washington, DC 20410, Room 9120 or the number for the Federal 
Information Relay Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Program Contact, Silas C. Vaughn, Jr., 
Branch Chief, Disbursements and Customer Service Branch, Department of 
Housing and Urban Development, 451 7th Street, SW., Washington, DC 
20410, telephone (202) 402-3545 (this is not a toll free number) for 
program information (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: Mortgage Record Change.
    OMB Control Number, if applicable: 2502-0422.
    Description of the need for the information and proposed use: 
Servicing of insured mortgages must be performed by a mortgagee that is 
approved by HUD to service insured mortgages. The Mortgage Record 
Change information is used by FHA-approved mortgagees to comply with 
HUD requirements for reporting the sale of a mortgage between investors 
and/or the transfer of the mortgage servicing responsibility, as 
appropriate. The information is collected electronically through 
Electronic Data Interchange and via FHA Connection. The information 
required is used to update HUD's Single Family Insurance System and 
other related systems. Current data is necessary to establish mortgage 
premium liability, forward annual premium mortgage data to the 
appropriate mortgagee/servicer, and maintain premium receivables and 
program data regarding investors/servicer activity. Without the 
required data, the premium collection/monitoring function would be 
severely impeded and program data would be unreliable. This information 
is essential because HUD does case level accounting in recording 
premium payments by mortgagees.
    Agency form numbers, if applicable: Not applicable. Form HUD-92080 
is now obsolete. There are no copies of blank forms available to the 
public. This information is collected 100% electronically.
    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 250,000. 
The number of respondents is 6,500, the number of responses is 
2,500,000, the frequency of response is on occasion, and the burden 
hour per response is 0.1.
    Status of the proposed information collection: Extension of a 
currently approved collection.


[[Page 60475]]


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

    Dated: September 23, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2010-24468 Filed 9-29-10; 8:45 am]
BILLING CODE 4210-67-P