[Federal Register Volume 82, Number 241 (Monday, December 18, 2017)]
[Notices]
[Page 60032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27195]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5997-N-78]


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

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: January 17, 2018.

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 
September 13, 2017 at 82 FR 43037.

A. Overview of Information Collection

    Title of Information Collection: Performing Loan Servicing for the 
Home Equity Conversion Mortgage (HECM).
    OMB Approval Number: 2502-0611.
    Type of Request: Revision of a currently approved collection.
    Form Number: HUD-27011, HUD-50002, HUD-50012, HUD-9519-A.
    Description of the need for the information and proposed use: This 
information request is a comprehensive collection of requirements for 
mortgagees that service Home Equity Conversion Mortgage (HECM) 
mortgages and the HECM mortgagors, who are involved with servicing-
related activities that includes collection and payment of mortgage 
insurance premiums, escrow account administration, providing loan 
information and customer service.
    Respondents (i.e., affected public): Individuals or Household.
    Estimated Number of Respondents: 10.
    Estimated Number of Responses: 21,345,282.
    Frequency of Response: On occasion.
    Average Hours per Response: 0.07 (4 minutes).
    Total Estimated Burdens: 14,941,697.40.

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: November 22, 2017.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2017-27195 Filed 12-15-17; 8:45 am]
 BILLING CODE 4210-67-P