[Federal Register Volume 84, Number 207 (Friday, October 25, 2019)]
[Notices]
[Pages 57461-57462]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-23241]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7111-N-38A]


Notice of Approved Proposed Information Collection: FHA Lender 
Approval, Annual Renewal, Periodic Updates and Required Reports by FHA-
Approved Lenders

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

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act (PRA), HUD is 
notifying FHA-approved lenders that HUD's information collection 
entitled, FHA Lender Approval, Annual Renewal, Periodic Updates and 
Required Reports by FHA-Approved Leaders, has been approved by the 
Office of Management and Budget. HUD is notifying FHA-approved lenders 
that the final annual certification will be effective beginning with 
lenders that have a Fiscal Year End date of December 31, 2019.

FOR FURTHER INFORMATION CONTACT: Volky Garcia, Director, Lender 
Approval and Recertification Division, Office of Lender Activities and 
Program Compliance, Office of Single Family Housing, U.S. Department of 
Housing and Urban Development, 490 L'Enfant Plaza East SW, Room P3214, 
Washington, DC 20024-8000; email [email protected], or telephone 
202-402-8229. 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.

SUPPLEMENTARY INFORMATION: On March 12, 2019 (84 FR 8888), HUD 
initiated the process to renew approval of information collection 2502-
0005 by publishing a 60-day notice in the Federal Register. HUD's 
collection sought a revision to OMB's approval of 2502-0005 that 
expired on August 31, 2019. Specifically, the proposed revisions 
aligned the recertification statements with the National Housing Act 
(12 U.S.C. 1701, et seq) and clarified HUD requirements. Additionally, 
the revisions combined multiple statements to reflect statute, 
regulations and Handbook and sought to remove inapplicable language in 
statements for Government and Investing lenders or mortgagees.
    On August 14, 2019 (84 FR 40436), HUD published its 30-day notice 
requesting OMB approval of this information collection. In addition to 
its 30-day notice, HUD provided the public the opportunity to review 
and comment on its FHA Annual Lender Certification through its FHA 
Office of Single Family Housing ``Drafting Table.'' https://www.hud.gov/program_offices/housing/sfh/SFH_policy_drafts. HUD received 
positive feedback with minor suggestions regarding the proposed changes 
to FHA's Annual Certification. The commenters recommended that HUD: (1) 
Immediately implement the proposal (2) capitalize the word Sanction to 
align with the HUD's Single

[[Page 57462]]

Family Housing Handbook 4000.1 and (3) add language at the end of the 
statements clarifying the redisclosure of previous issues reported to 
HUD during a Mortgagees certification period. In response to the 
feedback and recommendations, HUD developed a streamlined FHA Annual 
Lender Certification which is available at https://www.hud.gov/program_offices/housing/sfh/lender/approvals_renewals/sfh_recertification. Today's notice announces that OMB has provided its 
Notice of Action approving HUD's collection.
    FHA approves entities to participate as FHA-approved lenders. 
Specific information must be obtained and reviewed to determine if an 
entity meets the criteria to obtain the requested approval. HUD's 
submission covers information required by FHA from approved lenders to 
renew and maintain their approval, make periodic updates to their 
approval, submit required reports to FHA and submit requests to 
voluntarily terminate their FHA approval.
    As approved collections, FHA-approved lenders are now required to 
use the revised FHA Lender Approval, Annual Renewal, Periodic Updates 
and Required Reports by FHA-Approved Lenders information collection. As 
a result, FHA-approved lenders that have a Fiscal Year End date of 
December 31, 2019 will be required to use HUD's revised collection.

    Dated: October 21, 2019.
John L. Garvin,
General Deputy Assistant Secretary, Office of Housing.
[FR Doc. 2019-23241 Filed 10-24-19; 8:45 am]
BILLING CODE 4210-67-P