[Federal Register Volume 77, Number 181 (Tuesday, September 18, 2012)]
[Notices]
[Pages 57576-57577]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-22984]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5603-N-65]


Notice of Proposed Information Collection to OMB and Comment 
Request: Legal Instructions Concerning Applications for Full Insurance 
Benefits; Assignment of Multifamily Mortgages to the Secretary

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 for a period of 
30 days. This notice also corrects an error that was in the 60-day 
notice published on July 12, 2012.
    Mortgagees of HUD-insured mortgages may receive mortgage insurance 
benefits upon assignment of mortgages to HUD. In connection with the 
assignment, legal documents (e.g., mortgage, mortgage note, security 
agreement, title insurance policy) must be submitted to the Department. 
The instructions describe the document submitted to OMB and the 
procedures for submission.

DATES: Comments Due Date: October 18, 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 (2510-0006) and should be sent to: HUD Desk Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax 202-395-5806. OIRA [email protected]

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
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 instruction submitted to OMB may be 
obtained from Ms. Pollard.

[[Page 57577]]


SUPPLEMENTARY INFORMATION: This notice informs the public that, as 
required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, 
as amended) 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 for an additional period of 30 
days from members of the public and affected 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.
    The first notice pertaining to this information collection, 
referred to as the 60-day notice, published in the Federal Register on 
July 12, 2012, at 77 FR 41197. The notice set out the revisions that 
HUD proposed to the legal instructions and also presented the proposed 
number of respondents and burden hours. Although HUD received no 
comments in response to the July 12, 2012, notice, HUD identified an 
error. The number of respondents was incorrect. The 60-day notice 
listed respondents as 359. This number was incorrect. The correct 
number is 128. This notice published today provides the correct 
information and also provides the following information:
    Title of Proposal: Legal Instructions Concerning Applications for 
Full Insurance Benefits--Assignment of Multifamily Mortgage to the 
Secretary.
    OMB Control Number, if applicable: 2510-0006.
    Agency form numbers, if applicable: N/A.
    Members of affected public: Mortgagees when applying for insurance 
benefits from HUD.
    Description of the Need for the Information and its Proposed Use. 
Mortgagees of HUD-insured mortgages may receive mortgage insurance 
benefits upon assignment of mortgages to HUD. In connection with the 
assignment, legal documents (e.g., mortgage, mortgage note, security 
agreement, title insurance policy) must be submitted to the Department. 
The instructions describe the document submitted to OMB and the 
procedures for submission.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

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                                                                                  Frequency of     Total burden
                    Number of respondents                        Burden hours       response          hours
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128..........................................................              26                1            3,328
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    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: September 13, 2012.
Colette Pollard,
Department Reports Management Officer Office of the Chief Information 
Officer.
[FR Doc. 2012-22984 Filed 9-17-12; 8:45 am]
BILLING CODE 4210-67-P