[Federal Register Volume 77, Number 50 (Wednesday, March 14, 2012)]
[Notices]
[Page 15117]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-6180]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5607-N-07]


Notice of Proposed Information Collection: Comment Request; Home 
Equity Conversion Mortgage (HECM) Counseling Standardization and Roster

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: May 14, 2012.

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, Director, Office of 
Single Family Program Support Division, Department of Housing and Urban 
Development, 451 7th Street SW., Room B-133--Plaza 2206 Washington, DC 
20410, telephone (202) 708-0317 (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: Home Equity Conversion Mortgage (HECM) 
Counseling Standardization and Roster.
    OMB Control Number, if applicable: 2502-0586.
    Description of the need for the information and proposed use: This 
PRA package provides reporting burden for individuals to apply to be 
placed on the HECM counselor roster and to maintain their name on the 
HECM counseling roster. For initial application, individuals are 
required to successfully pass a standardized HECM exam, have received 
HECM-related education within the past two years and provide 
information collected on form HUD 92904. HUD uses the information 
provided to determine the applicants' eligibility to be placed on the 
HECM counselor roster. To remain on the HECM counselor roster, a 
counselor must complete continuing education on a HECM related topic 
every two years and pass the HECM exam every three years.
    Agency form numbers, if applicable: HUD 92904.
    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 851. The 
number of respondents is 205, the number of responses is 605, the 
frequency of response is on occasion, and the burden hour per response 
is 1.4.
    Status of the proposed information collection: This is an extension 
of a currently approved collection.

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

    Dated: March 9, 2012.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing-Acting General 
Deputy Federal Housing Commissioner.
[FR Doc. 2012-6180 Filed 3-13-12; 8:45 am]
BILLING CODE 4210-67-P