[Federal Register Volume 79, Number 16 (Friday, January 24, 2014)]
[Notices]
[Page 4231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-01421]


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DEPARTMENT OF THE TREASURY


Proposed Collection; Comment Request; Office of Financial 
Stability

AGENCY: Departmental Office, Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on a revision of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). This 
clearance will allow the Office of Financial Stability, within the 
Department of the Treasury, to collect information from homeowners that 
have received mortgage modifications under the Home Affordable 
Modification Program (HAMP), in order to study the performance of HAMP 
modifications.

DATES: Written comments should be received on or before February 24, 
2014 to be assured of consideration.

ADDRESSES: Comments regarding these information collections should be 
addressed to the Department of the Treasury, Departmental Offices, 
Office of Financial Stability, ATTN: Jay Warden, 1500 Pennsylvania 
Avenue NW., Washington, DC 20220.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the Department of the Treasury, Departmental 
Offices, Office of Financial Stability, ATTN: Jay Warden, 1500 
Pennsylvania Avenue NW., Washington, DC 20220.

SUPPLEMENTARY INFORMATION:
    Title: Study of MHA Program Performance.
    OMB Control Number: 1505-0249.
    Abstract: Pursuant to its authority under the Emergency Economic 
Stabilization Act (EESA) of 2008 (Pub. L. 110-343), the Department of 
the Treasury established the Making Home Affordable Program (MHA), a 
voluntary foreclosure prevention program, to help stabilize the housing 
market. Under MHA, the Department provides financial incentives to 
servicers, investors and homeowners to facilitate loan modifications 
and other foreclosure alternatives. MHA includes, among other things, 
the Home Affordable Modification Program (HAMP). HAMP is designed to 
reduce each qualifying homeowner's first lien mortgage payments to a 
more affordable level. The Department, through its financial agent, 
plans to conduct a survey of homeowners who have received mortgage 
modifications under HAMP, in order to study the performance of HAMP 
modifications. The survey will collect information about reasons for 
loss of good standing and the homeowner's experience during the HAMP 
modification process.
    Type of Review: Revision of a Currently Approved Collection.
    Affected Public: Individuals, Households.
    Respondent's Obligation: Voluntary.
    The study will likely involve up to 4800 subjects. Each individual 
data collection session will be approximately 15 to 20 minutes long.
    Estimated Average Time per Respondent: 15 to 20 minutes per 
response.
    Estimated Total Annual Burden Hours: Approximately 1600 burden 
hours.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for Office of 
Management and Budget approval. All comments will become a matter of 
public record. The public is invited to submit written comments 
concerning: (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 the burden of the collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; and (d) ways to minimize the burden of 
the collection of information on respondents, including the use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or start-up costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

Dawn D. Wolfgang,
Treasury Department PRA Clearance Officer.
[FR Doc. 2014-01421 Filed 1-23-14; 8:45 am]
BILLING CODE 4810-25-P