[Federal Register Volume 78, Number 43 (Tuesday, March 5, 2013)]
[Notices]
[Pages 14323-14324]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-05088]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5687-N-07]


Notice of Proposed Information Collection: Comment Request: 
Single Family Premium Collection Subsystem-Upfront (SFPCS-U)

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

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[[Page 14324]]

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 6, 2013.

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 Relay 
Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Keely E. Stevenson, Branch Chief, 
Single Family Insurance Operations Branch, Department of Housing and 
Urban Development, 451 7th Street SW., Washington, DC 20410, telephone 
(202) 402-3433 (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: Single Family Premium Collection Subsystem-
Upfront (SFPCS-U).
    OMB Control Number, if applicable: 2502-0423.
    The Single Family Premium Collection Subsystem-Upfront (SFPCS-U) 
allows the lenders to remit the Upfront Mortgage Insurance Premiums 
using funds obtained from the mortgagor during the closing of the 
mortgage transaction at settlement. The SFPCS-U strengthens HUD's 
ability to manage and process upfront single-family mortgage insurance 
premium collections and corrections. It also improves data integrity 
for the Single Family Mortgage Insurance Program. Therefore, the FHA 
approved lenders transmit UPMIP payment case detail directly to HUD and 
this information is remitted by HUD to the Department of the Treasury's 
Pay.gov Automated Clearing House (ACH) applications. The case-level 
payment information sent to HUD is updated on the Single Family Premium 
Collection Subsystem-Upfront (SFPCS). The authority for this collection 
of information is specified in 24 CFR 203.280 and 24 CFR 203.281. The 
collection of information is also used in calculating refunds due to 
former FHA mortgagors when they apply for homeowner refunds of the 
unearned portion of the mortgage insurance premium, 24 CFR 203.283, as 
appropriate. Without this information the premium collection/monitoring 
process would be severely impeded, and program data would be 
unreliable. In general, the lenders use the ACH applications to remit 
the upfront premium through SFPCS-U to obtain mortgage insurance for 
the homeowner.
    Agency form numbers, if applicable:
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: Hourly rate is based on an estimate of 
the annual salary of lender clerical staff at $33,634 The number of 
annual burden hours is 4,880. The number of respondents is 2,711, the 
number of responses is 32,532, the frequency of response is monthly, 
and the estimated burden time response is approximated 15 minutes.
    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: February 26, 2013.
Laura M. Marin,
Acting General Deputy Assistant Secretary for Housing-Acting General 
Deputy Federal Housing Commissioner.
[FR Doc. 2013-05088 Filed 3-4-13; 8:45 am]
BILLING CODE 4210-67-P