[Federal Register Volume 86, Number 22 (Thursday, February 4, 2021)]
[Notices]
[Pages 8219-8220]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02256]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7034-N-07]


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

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD has 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 an additional 30 days of public 
comment.

DATES: Comments Due Date: March 8, 2021.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/Start Printed Page 
15501PRAMain. Find this particular information collection by selecting 
``Currently under 30-day Review--Open for Public Comments'' or by using 
the search function.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street, SW, Washington, DC 20410; email Colette Pollard at 
[email protected] or telephone 202-402-3400. Persons with hearing 
or speech impairments may access this number through TTY by calling the 
toll-free Federal Relay Service at (800) 877-8339. This is not a toll-
free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD has 
submitted to OMB a request for approval of 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 2, 2020 at 85 FR 39929.

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 currently approved collection.
    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.
    (5) ways to minimize the burden of the collection of information on 
those who are to respond, including the use of automated collection 
techniques or other forms of information technology. HUD encourages 
interested parties to submit comments in response to these questions.


[[Page 8220]]


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

Colette Pollard,
Department Management Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2021-02256 Filed 2-3-21; 8:45 am]
BILLING CODE 4210-67-P