[Federal Register Volume 79, Number 12 (Friday, January 17, 2014)]
[Notices]
[Pages 3218-3219]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-00875]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5759-N-01]


60-Day Notice of Proposed Information Collection: Mortgage Credit 
Analysis for Loan Guarantee Program

AGENCY: Office of the Assistant Secretary for Public and Indian 
Housing, PIH, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: HUD is seeking approval from the Office of Management and 
Budget (OMB) for the information collection described below. In 
accordance with the Paperwork Reduction Act, HUD is requesting comment 
from all interested parties on the proposed collection of information. 
The purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: March 18, 2014.

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: Colette Pollard, Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 7th Street SW., Room 4176, Washington, DC 20410-5000; telephone 
202-402-3400 (this is not a toll-free number) or email at 
[email protected] for a copy of the proposed forms or other 
available information. Persons with hearing or speech impairments may 
access this number through TTY by calling the toll-free Federal Relay 
Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT: Arlette Mussington, Office of Policy, 
Programs and Legislative Initiatives, PIH, Department of Housing and 
Urban Development, 451 7th Street SW., (L'Enfant Plaza, Room 2206), 
Washington, DC 20410; telephone 202-402-4109, (this is not a toll-free 
number). Persons with hearing or speech impairments may access this 
number via TTY by calling the Federal Information Relay Service at 
(800) 877-8339. Copies of available documents submitted to OMB may be 
obtained from Ms. Mussington.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

A. Overview of Information Collection

    Title of Information Collection: Mortgage Credit Analysis Worksheet 
for Native American Loan Guarantee Program.
    OMB Approval Number: 2577-0200.
    Type of Request: Revision of Currently approved collection.
    Form Number: HUD-50127, HUD-50132.
    Description of the need for the information and proposed use: The 
information collected from lenders is used to determine a borrower's 
credit worthiness and ability to pay for a home loan as well as to 
ensure that lenders comply with the program requirements.
    Respondents (i.e. affected public): 6,750.
    Estimated Number of Respondents: 600.
    Estimated Number of Responses: 6,750.
    Frequency of Response: 1.
    Average Hours per Response: 33 hours.

--------------------------------------------------------------------------------------------------------------------------------------------------------
                                             Number of     Frequency of   Responses  per    Burden hour    Annual burden    Hourly cost
         Information collection             respondents      response          annum       per response        hours       per response     Annual cost
--------------------------------------------------------------------------------------------------------------------------------------------------------
Mortgage Credit Analysis Worksheet......             250               1            2750             .50            1375             $25         $34,375
Rider For Section 184--Tribal Trust.....              50               1             500             .50             250              18            4500
Firm Commitment Submission Checklist....             250               1            3000             .15             450              18            8100

[[Page 3219]]

 
Checklist for Proposed Transactions Less              50               1             500             .15              75              18            1350
 Than 1 Year Old........................
                                         ---------------------------------------------------------------------------------------------------------------
    Total...............................             600  ..............            6750  ..............            2150  ..............          48,325
--------------------------------------------------------------------------------------------------------------------------------------------------------

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected parties concerning the collection of information described in 
Section A on the following:
    (1) 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) The accuracy of the agency's estimate of the burden of the 
proposed collection of information;
    (3) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (4) Ways to 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.
    HUD encourages interested parties to submit comment in response to 
these questions.

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

    Dated: January 9, 2014.
Merrie Nichols-Dixon,
Deputy Director, Office of Policy, Programs and Legislative 
Initiatives.
[FR Doc. 2014-00875 Filed 1-16-14; 8:45 am]
BILLING CODE 4210-67-P