[Federal Register Volume 87, Number 103 (Friday, May 27, 2022)]
[Notices]
[Pages 32182-32183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-11416]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7056-N-24; OMB Control No.: 2502-0059]


60-Day Notice of Proposed Information Collection: Informed 
Consumer Choice Disclosure and Application for FHA Insured Mortgages

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

ACTION: Notice.

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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.

[[Page 32183]]


DATES: Comments Due Date: July 26, 2022.

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, REE, 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, REE, 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.
    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: Application for FHA Insured 
Mortgages.
    OMB Approval Number: 2502-0059.
    Type of Request: Revision of currently approved collection.
    Form Number: HUD-92900-A, HUD-92900-B, HUD-92900-LT, HUD-92561, 
Model Notice for Informed Consumer Choice Disclosure, Model Pre-
Insurance Review/Checklist, Settlement Certification (previously known 
as Addendum to HUD-1) and HUD-92544.
    Description of the need for the information and proposed use: 
Specific forms and related documents are needed to determine the 
eligibility of the borrower and proposed mortgage transaction for FHA's 
mortgage insurance endorsement. Additional documentation requirements 
for refinances with partial claims. Lenders seeking FHA's insurance 
prepare certain forms to collect data.
    Respondents (i.e., affected public): Individuals (loan applicants) 
and Business or other for-profit (lenders).
    Estimated Number of Respondents: 1,912.
    Estimated Number of Responses: 6,212.229.
    Frequency of Response: One for each FHA-insured mortgage.
    Average Hours per Response: 1.35 hour (0.74) (varies per form and 
type of loan).
    Total Estimated Burdens: 737,367.

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.

C. Authority

    Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 
Chapter 35.

Janet M. Golrick,
Acting, Chief of Staff for the Office of Housing--Federal Housing 
Administration.
[FR Doc. 2022-11416 Filed 5-26-22; 8:45 am]
BILLING CODE 4210-67-P