[Federal Register Volume 88, Number 117 (Tuesday, June 20, 2023)]
[Notices]
[Pages 39862-39863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-13046]



[[Page 39862]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7069-N-03]


60-Day Notice of Proposed Information Collection: Ginnie Mae 
Multiclass Securities Program Documents; OMB Control No.: 2503-0030

AGENCY: Office of the President of Government National Mortgage 
Association (Ginnie Mae), 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.

DATES: Comments Due Date: August 21, 2023.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection can be sent within 60 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 60-day Review--
Open for Public Comments'' or by using the search function. Interested 
persons are also invited to submit comments regarding this proposal and 
comments should refer to the proposal by name and/or OMB Control Number 
and should be sent to: Anna P. Guido, Clearance Officer, REE, 
Department of Housing and Urban Development, 451 7th Street SW, Room 
8210, Washington, DC 20410-5000; email 
[email protected].

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 at [email protected], telephone 
202-402-5535. This is not a toll-free number. HUD welcomes and is 
prepared to receive calls from individuals who are deaf or hard of 
hearing, as well as individuals with speech or communication 
disabilities. To learn more about how to make an accessible telephone 
call, please visit https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs. Copies of available documents 
submitted to OMB may be obtained from [Ms. Guido].

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: Ginnie Mae Multiclass Securities 
Program.
    OMB Approval Number: 2503-0030.
    Type of Request Update to a currently approved collection.
    Description of the need for the information and proposed use:
    Respondents:
    Information Collection/Form Number: 2503-0030.
    Estimated Number of Respondents: 95.
    Frequency of Response: 25.
    Responses per Annum: 250.
    Average Burden Hours per Response: 8,556.
    Total Estimated Burdens: 39,525.75.

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                  A                           B               C               D               E               F
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                                          Number of     Frequency of    Responses per    Burden hour    Annual burden    Hourly cost
        Information collection           respondents      response          annum       per response         hrs        per response      Annual cost
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Pricing Letter.......................              25              10             250             0.5             125          $45.56          $5,695.00
Structured Term Sheet................              25              10             250               3             750           45.56          34,170.00
Trust (REMIC) Agreement..............              25              10             250               1             250           45.56          11,390.00
Trust Opinion........................              25              10             250               4           1,000           45.56          45,560.00
MX Trust Agreement...................              25              10             250            0.16              40           45.56           1,822.40
MX Trust Opinion.....................              25              10             250               4           1,000           45.56          45,560.00
RR Certificate.......................              25              10             250            0.08              20           45.56             911.20
Sponsor Agreement....................              25              10             250            0.05            12.5           45.56             569.50
Table of Contents....................              25              10             250            0.33            82.5           45.56           3,758.70
Issuance Statement...................              25              10             250            0.05            12.5           45.56             569.50
Tax Opinion..........................              25              10             250               4           1,000           45.56          45,560.00
Transfer Affidavit...................              25              10             250            0.08              20           45.56             911.20
Supplemental Statement...............              25            0.25            6.25               1            6.25           45.56             284.75
Final Data Statements (attached to                 25              10             250              32           8,000           45.56         364,480.00
 closing letter).....................
Accountants' Closing Letter..........              25              10             250               8           2,000           45.56          91,120.00
Accountants' OSC Letter..............              25              10             250               8           2,000           45.56          91,120.00
Structuring Data.....................              25              10             250               8           2,000           45.56          91,120.00
Financial Statements.................              25              10             250               1             250           45.56          11,390.00
Principal and Interest Factor File                 25              10             250              16           4,000           45.56         182,240.00
 Specifications......................
Distribution Dates and Statement.....              25              10             250            0.42             105           45.56           4,783.80
Term Sheet...........................              25              10             250               2             500           45.56          22,780.00
New Issue File Layout................              25              10             250               4           1,000           45.56          45,560.00
Flow of Funds........................              25              10             250            0.16              40           45.56           1,822.40
Trustee Receipt......................              25              10             250               2             500           45.56          22,780.00
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    Subtotal.........................  ..............  ..............        5,756.25  ..............       24,713.75  ..............       1,146,916.05
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                                                                   Platinum Securities
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Deposit Agreement....................              70              10             700               1             700           45.56          31,892.00
MBS Schedule.........................              70              10             700            0.16             112           45.56           5,102.72
New Issue File Layout................              70              10             700               4           2,800           45.56         127,568.00
Principal and Interest Factor File                 70              10             700              16          11,200           45.56         510,272.00
 Specifications......................
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    Subtotal.........................  ..............  ..............           2,800  ..............       14,812.00  ..............         674,834.72
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Total Annual Responses...............  ..............  ..............        8,556.25  ..............  ..............  ..............  .................
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[[Page 39863]]

 
    Total Burden Hours...............  ..............  ..............  ..............  ..............       39,525.75  ..............  .................
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    Total Cost.......................  ..............  ..............  ..............  ..............  ..............  ..............       1,821,750.77
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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) 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 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 
chapter 35.

Sam I. Valverde,
Principal Executive Vice President, Ginnie Mae.
[FR Doc. 2023-13046 Filed 6-16-23; 8:45 am]
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