[Federal Register Volume 79, Number 82 (Tuesday, April 29, 2014)]
[Notices]
[Page 24002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-09718]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5756-N-13]


60-Day Notice of Proposed Information Collection: Performing Loan 
Servicing for the Home Equity Conversion Mortgage (HECM)

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

ACTION: Notice.

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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: June 30, 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: Ivery W. Himes, Director, Office of 
Single Family Program, Asset Management, Department of Housing and 
Urban Development, 451 7th Street SW., Washington, DC 20410, telephone 
(202) 708-1672. This is not a toll-free number. Persons with hearing or 
speech impairments may access this number through TTY by calling the 
toll-free Federal Relay Service at (800) 877-8339. Copies of available 
documents submitted to OMB may be obtained from Ms. Himes.

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: Performing Loan Servicing for the 
Home Equity Conversion Mortgage (HECM).
    OMB Approval Number: 2502-New.
    Type of Request: This is a new information collection.
    Form Number:

HUD 27011--SF Application for Insurance Benefits
HUD 50002--Request to Exceed Cost and Protection Limits for 
Preservation
HUD 50012--Mortgagee's Request for Extension of Time
HUD 9539--Request for Occupied Conveyance

    Description of the need for the information and proposed use:
    This information collection request for OMB review seeks to combine 
the requirements of several existing OMB collections under this 
comprehensive collection for mortgagees that service Home Equity 
Conversion Mortgages (HECM) and the mortgagors who are involved with 
the following activities.
    Respondents: Not for profit institutions.
    Estimated Number of Respondents: 10.
    Estimated Number of Responses: 33,324,110.
    Frequency of Response: On occasion.
    Average Hours per Response: 10 minutes to 15 minutes.
    Total Estimated Burdens: 3,060,683.

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: April 23, 2014.
Laura M. Marin,
Associate General Deputy Assistant Secretary for Housing-Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2014-09718 Filed 4-28-14; 8:45 am]
BILLING CODE 4210-67-P