[Federal Register Volume 76, Number 207 (Wednesday, October 26, 2011)]
[Notices]
[Pages 66316-66317]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-27662]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5480-N-106]


Notice of Submission of Proposed Information Collection to OMB, 
Multifamily Insurance Benefits Claims Package

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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.
    When the terms of a Multifamily contract are breached or when a 
mortgagee meets conditions stated within the Multifamily contract for 
an automatic assignment, the holder of the mortgage may file for 
insurance benefits. To receive these benefits, the mortgagee must 
prepare and submit to HUD the Multifamily Insurance Benefits Claims 
Package. HUD uses the information collection to determine the insurance 
benefits owed to the mortgagee.

DATES: Comments Due Date: November 25, 2011.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0418) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; e-mail [email protected] fax: 202-395-
5806.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Colette Pollard at 
[email protected]; or telephone (202) 402-3400. This is not a 
toll-free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate whether the proposed collection of information 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 through 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: Multifamily Insurance Benefits Claims Package.
    OMB Approval Number: 2502-0418.
    Form Numbers: HUD-2741, HUD-2742, HUD-2744-A, HUD-2744-B, HUD-2744-
C, HUD-2744-D, HUD-2744-E, HUD-434, HUD-1044-D.

Description of the Need for the Information and Its Proposed Use

    When the terms of a Multifamily contract are breached or when a 
mortgagee meets conditions stated within the Multifamily contract for 
an automatic assignment, the holder of the mortgage may file for 
insurance benefits. To receive these benefits, the mortgagee must 
prepare and submit to HUD the Multifamily Insurance Benefits Claims 
Package. HUD uses the information collection to determine the insurance 
benefits owed to the mortgagee.
    Frequency of Submission: On Occasion.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................             150                9   ..           0.471   ..             637
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    Total Estimated Burden Hours: 637.
    Status: Revision of a currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.


[[Page 66317]]


    Dated: October 20, 2011.
Colette Pollard,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2011-27662 Filed 10-25-11; 8:45 am]
BILLING CODE 4210-67-P