[Federal Register Volume 77, Number 53 (Monday, March 19, 2012)]
[Notices]
[Page 15994]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-6556]


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 Notices
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  Federal Register / Vol. 77, No. 53 / Monday, March 19, 2012 / 
Notices  

[[Page 15994]]



DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

March 14, 2012.
    The Department of Agriculture has submitted the following 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments 
regarding (a) whether the collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether the information will have practical utility; (b) the accuracy 
of the agency's estimate of burden including the validity of the 
methodology and assumptions used; (c) ways to enhance the quality, 
utility and clarity of the information to be collected; (d) ways to 
minimize the burden of the collection of information on those who are 
to respond, including through the use of appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology should be addressed to: Desk 
Officer for Agriculture, Office of Information and Regulatory Affairs, 
Office of Management and Budget (OMB), [email protected] or 
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, 
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these 
information collections are best assured of having their full effect if 
received within 30 days of this notification. Copies of the 
submission(s) may be obtained by calling (202) 720-8958.
    An agency may not conduct or sponsor a collection of information 
unless the collection of information displays a currently valid OMB 
control number and the agency informs potential persons who are to 
respond to the collection of information that such persons are not 
required to respond to the collection of information unless it displays 
a currently valid OMB control number.

Farm Service Agency

    Title: Direct Loan Servicing--Special.
    OMB Control Number: 0560-0232.
    Summary of Collection: The Farm Loan Programs (FLP) provides loans 
to family farmers to purchase real estate and equipment and finance 
agricultural production. The regulation describes the policies and 
procedures for Farm Service Agency's (FSA) servicing of financially 
distressed or delinquent direct loan borrowers in accordance with the 
provisions of the Consolidated Farm and Rural Development Act (Act) 
(Pub. L. 87-128), as amended. Direct Loan Servicing--Special, as 
specified in 7 CFR part 766, provides the requirements for servicing 
financially distressed and delinquent direct loan borrowers. FSA's loan 
servicing options include disaster set-aside, primary loan servicing, 
(including reamortization, rescheduling, deferral, write down and 
conservation contracts), buyout at market value, and homestead 
protection. In addition, the regulations describe FSA's policies and 
procedures regarding servicing of direct loan borrowers who file 
bankruptcy, as well as liquidation of security when available servicing 
options do not result in a feasible plan.
    Need and Use of the Information: FSA will collect information using 
several FSA forms to provide supervised credit and authorized servicing 
actions to financially distressed and delinquent direct loan borrowers. 
Failure to collect the information could result in the failure of the 
farm operation or loss of Agency security property.
    Description of Respondents: Farms; Business or other for-profit.
    Number of Respondents: 14,929.
    Frequency of Responses: Reporting: On occasion; Annually.
    Total Burden Hours: 15,832.

Ruth Brown,
Departmental Information Collection Clearance Officer.
[FR Doc. 2012-6556 Filed 3-16-12; 8:45 am]
BILLING CODE 3410-05-P