[Federal Register Volume 85, Number 128 (Thursday, July 2, 2020)]
[Notices]
[Page 39929]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14289]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7027-N-23]


60-Day Notice of Proposed Information Collection: Rehabilitation 
Mortgage Insurance Underwriting Program Section 203(k); OMB Control 
No.: 2502-0527

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

ACTION: Notice.

-----------------------------------------------------------------------

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: August 31, 2020.

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: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW, Room 4176, Washington, DC 20410-5000; email Colette Pollard 
at [email protected] or telephone 202-402-3400 (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. 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: Rehabilitation Mortgage Insurance 
Underwriting Program Section 203(k).
    OMB Approval Number: 2502-0527.
    Type of Request: Extension.
    Form Number: HUD-92700-A, HUD-9746-A.
    Description of the need for the information and proposed use: This 
request for OMB review involves an extension request for information 
collected under OMB Approval Number 2502-0527 for lenders that 
originate and service Section 203(k) mortgages.
    The Section 203(k) program requires mortgagees to collect 
information about the scope of repair and improvement work, its cost, 
and control of escrow funds to pay for the improvements as they are 
completed. This program operates in conjunction with FHA's underwriting 
standards and systems for all Section 203(b) loans as documented in OMB 
Control Numbers 2502-0059 & 2502-0556. Per the existing collection, 
there are 1,312 respondents made up of participating lenders and 203(k) 
Consultants.
    Respondents (i.e., affected public): Business or other for-profit.
    Estimated Number of Respondents: 1,312.
    Estimated Number of Responses: 211,667.
    Frequency of Response: On occasion (Once per loan).
    Average Hours per Response: 0.85.
    Total Estimated Burdens: 188,516.

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 comments in response to 
these questions.

C. Authority

    Section 2 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507.

    Dated: June 29, 2020.
Nacheshia Foxx,
Federal Liaison for the Department of Housing and Urban Development.
[FR Doc. 2020-14289 Filed 7-1-20; 8:45 am]
BILLING CODE 4210-67-P