[Federal Register Volume 77, Number 146 (Monday, July 30, 2012)]
[Notices]
[Pages 44653-44654]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-18544]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5603-N-54]


Notice of Submission of Proposed Information Collection to OMB 
Mortgage's Certificate of Fees and Escrow and Surety Bond Against 
Defects Due to Defective Material and/or Faulty Workmanship

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.
    The information collection is used by Mortgagees to ensure that 
fees are within acceptable limits and the

[[Page 44654]]

required escrows will be collected. HUD determines the reasonableness 
of the fees and uses the information in calculating the financial 
requirement for closing.

DATES: Comments Due Date: August 29, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0468) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806. Email: [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; email 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: Mortgagee's Certificate of Fees and Escrow and 
Surety Bond Against Defects Due to Defective Material and/or Faulty 
Workman.
    OMB Approval Number: 2502-0468.
    Form Numbers: HUD 2434, HUD 3259.

Description of the Need for the Information and Its Proposed

    The information collection is used by Mortgagees to ensure that 
fees are within acceptable limits and the required escrows will be 
collected. HUD determines the reasonableness of the fees and uses the 
information in calculating the financial requirement for closing.

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                                       Number of          Annual              Hours per
                                      respondents       responses      x       response      =    Burden  hours
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Reporting Burden..................           1,000                2   ...           0.525   ...           1,050
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    Total Estimated Burden Hours: 1,050.
    Status: Revision of a currently approved collection.

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

    Dated: July 25, 2012.
Colette Pollard,
Department Reports Management Officer. Office of the Chief Information 
Officer.
[FR Doc. 2012-18544 Filed 7-27-12; 8:45 am]
BILLING CODE 4210-67-P