[Federal Register Volume 79, Number 170 (Wednesday, September 3, 2014)]
[Notices]
[Pages 52352-52353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-20946]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5756-N-34]


60-Day Notice of Proposed Information Collection: Application for 
FHA Insured Mortgages

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: November 3, 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: 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: Patricia McClung, Office of Single 
Family Program Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 204 402-4378. 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 
Colette Pollard.

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: Emergency Homeownership Loan 
Program--Data Requirements.
    OMB Approval Number: 2502-0597.
    Type of Request: Extension.
    Form Number: HUD-96020, HUD-96021a, HUD-96021b, HUD-96022, HUD-
96023a, HUD-96023b, HUD-96024, HUD-96023, HUD-96025a, HUD-96025b, HUD-
96026.
    Description of the need for the information and proposed use: This 
information collection is necessary to determine applicant eligibility 
to receive mortgage relief assistance under the Emergency Homeowners' 
Loan Program. This Notice informs the public that the U.S. Department 
of Housing and Urban Development (HUD) has submitted to OMB, an 
information collection package with respect to implementing the 
Emergency Homeowners' Loan Program targeted to borrowers facing 
foreclosure.
    The Dodd-Frank Wall Street Reform and Consumer Protection Act, 2010 
(Pub. L. 111-203, approved July 21, 2010, Sec 1496) appropriated 
$1billion to HUD to establish an Emergency Homeowner's Relief Fund, 
pursuant to section 107 of the Emergency Housing Act of 1975, that will 
provide emergency mortgage assistance to homeowners that are at risk of 
foreclosure due to involuntary unemployment or underemployment due to 
an adverse economic or medical condition. Accordingly, HUD is 
implementing the Emergency Homeowners Loan Program (EHLP) that is 
designed to offer a declining balance, deferred payment ``bridge loan'' 
(non-recourse, subordinate loan with zero interest) for up to $50,000 
to assist eligible homeowners with payments of arrearages, including 
delinquent taxes and insurance. Additionally, EHLP may be used to 
assist eligible homeowners with up to 24 months of monthly payments on 
their mortgage principal, interest, mortgage insurance premiums, taxes, 
and hazard insurance. Assistance will not exceed $50,000 per eligible 
homeowner.
    HUD will use two approaches to implement EHLP: (1) Provide 
allocations to States that currently have substantially similar 
programs to administer their mortgage relief funds directly; and (2) 
delegate key administrative functions to third party entities that will 
assist HUD with program implementation. The third party entities will 
be primarily

[[Page 52353]]

responsible for application intake, eligibility screening, funds 
control, payment distribution, and note processing.
    Homeowners'(borrowers') participation in the program is voluntary. 
However, to help determine eligibility for assistance borrowers must 
submit the required application information and loan documentation to 
demonstrate that they meet program eligibility guidelines to receive 
mortgage relief assistance through EHLP.
    Respondents : Application for benefits.
    Estimated Number of Respondents: 36,264.
    Estimated Number of Responses: 244,520.
    Frequency of Response: Annually.
    Average Hours per Response: 3.
    Total Estimated Burdens: 229,304.

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: August 26, 2014.
Laura M. Marin,
Associate General Deputy Assistant Secretary for Housing-Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2014-20946 Filed 9-2-14; 8:45 am]
BILLING CODE 4210-67-P