[Federal Register Volume 76, Number 32 (Wednesday, February 16, 2011)]
[Notices]
[Page 9043]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-3510]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5484-N-03]


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: April 18, 2011.

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: Karin Hill, 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: 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 through the HOPE for Homeowners Program, and to those who 
owe more than the value of their homes through the FHA Refinance of 
Borrowers in Negative Equity Positions. The new FHA insured mortgages 
refinance the borrower's existing mortgage at a significant writedown. 
Under the HOPE for Homeowners program the mortgagors share the new 
equity with FHA.
    Agency form numbers, if applicable: HUD92900-H4H, HUD92915-H4H, 
HUD92916-H4H and HUD92917-H4H, and HUD-92918.
    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 146,096. 
The number of respondents is 11,000, the number of responses is 
882,242, the frequency of response is once per loan, and the burden 
hour per response is 4.05.
    Status of the proposed information collection: This is a revision 
of a currently approved collection.

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

    Dated: February 11, 2011.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2011-3510 Filed 2-15-11; 8:45 am]
BILLING CODE 4210-67-P