[Federal Register Volume 87, Number 117 (Friday, June 17, 2022)]
[Notices]
[Pages 36523-36524]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-13111]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7050-N-27; OMB Control No.: 2510-0006]


30-Day Notice of Proposed Information Collection: Legal 
Instructions Concerning Applications for Full Insurance Benefits--
Assignment of Multifamily and Healthcare Mortgages to the Secretary

AGENCY: Office of Policy Development and Research, Chief Data Officer, 
HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below will be submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments Due Date: July 18, 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: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax: 202-395-5806. Email: [email protected]. Persons 
with hearing or speech impairments may access this number through TTY 
by calling the toll-free Federal Relay Service at (800) 877-8339.

[[Page 36524]]


FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management 
Officer, REE, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email her at [email protected] or 
telephone 202-402-5535. This is not a toll-free number. Copies of 
available documents submitted to OMB may be obtained from Ms. Guido.

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 November 23, 2021, at 86 FR 66582.

A. Overview of Information Collection

    Title of Information Collection: Legal Instructions Concerning 
Applications for Full Insurance Benefits--Assignment of Multifamily and 
Healthcare Mortgages to the Secretary.
    OMB Approval Number: 2510-0006.
    Type of Request: Revision of a currently approved collection.
    Form Number: HUD Form 2510.
    Description of the need for the information and proposed use: 
Mortgagees of FHA-insured mortgages may receive mortgage insurance 
benefits upon assignment of mortgages to the Secretary. In connection 
with the assignment, legal documents (e.g., mortgage, mortgage note, 
security agreement, title insurance policy) must be submitted to the 
Department. The instructions contained in the Legal Instructions 
Concerning Applications for Full Insurance Benefits--Assignment of 
Multifamily and Healthcare Mortgages describe the documents to be 
submitted and the procedures for submission.
    The Legal Instructions Concerning Applications for Full Insurance 
Benefits--Assigment of Multifamily and Healthcare Mortgages, in its 
current form and structure, can be found at https://www.hud.gov/sites/documents/leginstrfullinsben.pdf.
    HUD proposes to revise this document with clarifying changes and 
updates to reflect current HUD requirements and policies, including 
electronic submission for legal review, as well as current practices in 
real estate, title insurance, hazard insurance and mortgage financing 
transactions.

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                                      Number of       Frequency of    Responses per   Burden hour per   Annual burden   Hourly cost per
 Information collection 2510-0006    respondents        response          annum           response          hours           response       Annual cost
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HUD 2510.........................              17                1               17             26.5            450.5           $71.17       $32,062.09
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    Total                          ...............  ...............  ...............  ...............  ...............  ...............  ...............
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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) If the information will be processed and used in a timely 
manner;
    (3) The accuracy of the agency's estimate of the burden of the 
proposed collection of information;
    (4) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (5) 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.

Anna P. Guido,
Department Reports Management Officer, Office of the Chief Data 
Officer.
[FR Doc. 2022-13111 Filed 6-16-22; 8:45 am]
BILLING CODE 4210-67-P