[Federal Register Volume 82, Number 186 (Wednesday, September 27, 2017)]
[Notices]
[Pages 45044-45045]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-20716]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5997-N-63]


30-Day Notice of Proposed Information Collection: Rehabilitation 
Mortgage Insurance Underwriting Program Section 203(k)

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD submitted the proposed information collection requirement 
described below to the Office of Management and Budget (OMB) for 
review, in accordance with the Paperwork Reduction Act. The purpose of 
this notice is to allow for 30 days of public comment.

DATES: Comments Due Date: October 27, 2017.

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: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax:202-395-5806, Email: OIRA [email protected]

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QMAC, Department of Housing and Urban Development, 451 7th 
Street SW., Washington, DC 20410; email [email protected], or 
telephone 202-402-3400. This is not a toll-free number. Person 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. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.
    The Federal Register notice that solicited public comment on the 
information collection for a period of 60 days was published on July 
12, 2017.

A. Overview of Information Collection

    Title of Information Collection: Rehabilitation Mortgage Insurance 
Underwriting Program Section 203(k).
    OMB Approval Number: 2502-0527.
    Type of Request: Extension of a currently approved collection.
    Form Number: HUD-92700-A, HUD-9746-A, HUD-92577
    Description of the need for the information and proposed use: This

[[Page 45045]]

request for OMB review involves an extension request for information 
collected under OMB approval 2502-0527 for lenders that originate and 
service Section 203(k) mortgages.
    The information collection specifically focuses on documenting 
rehabilitation loan expenses, maintaining the repair escrow accounts 
and the use of FHA approved 203(k) consultants. This program does not 
operate independent of FHA's established process. The loan origination 
process and underwriting follows the same standards and systems as all 
203(b) loans as documented in OMB Control Numbers 2502-0059 & 2502-
0556. Per the existing collection 15,871 respondents are borrowers and 
lenders, including approximately 20 nonprofits, who annually apply for 
Standard 203(k) and Limited 203(k) loans the 203(k) program. Also, 
1,939 consultants are on FHA's 203(k) Consultant Roster.
    Respondents (i.e. affected public): Business or other for-profit.
    Estimated Number of Respondents: 15,871.
    Estimated Number of Responses: 222,222.
    Frequency of Response: Once per loan.
    Average Hours per Response: .94.
    Total Estimated Burdens: 7,107,425.

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: September 20, 2017.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2017-20716 Filed 9-26-17; 8:45 am]
 BILLING CODE 4210-67-P