[Federal Register Volume 88, Number 170 (Tuesday, September 5, 2023)]
[Notices]
[Pages 60705-60706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-19039]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7071-N-17]


60-Day Notice of Proposed Information Collection: HUD Conditional 
Commitment/Direct Endorsement Statement of Appraised Value; OMB Control 
No.: 2502-0494

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 comments 
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: November 6, 2023.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection can be submitted 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 by name and/or OMB Control Number and can be sent to: Colette 
Pollard, Reports Management Officer, REE, Department of Housing and 
Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410-
5000 or email at [email protected].

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 
[email protected] or telephone (202) 402-3400 (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. 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: HUD Conditional Commitment/Direct 
Endorsement Statement of Appraised Value.
    OMB Control Number, if applicable: 2502-0494.
    Type of Request: Extension of currently approved collection.
    Form Number: HUD 92800.5B.
    Description of the need for the information and proposed use: 
Lenders must provide loan applicants a completed copy of Form HUD-
92800.5B at or before loan closing. Form HUD-92800.5B serves as the 
mortgagee's conditional commitment/direct endorsement statement of 
appraised value of Federal Housing Administration (FHA) mortgage 
insurance on the property. The form provides a section for the 
statement of the property's appraised value and other required FHA 
disclosures to the borrower, including specific conditions that must be 
met before HUD can endorse a mortgage for FHA insurance. HUD uses the 
information to determine the eligibility of a property for mortgage 
insurance.
    Respondents: Mortgagees.
    Estimated Number of Respondents: 1,407.
    Estimated Number of Responses: 562,800.
    Frequency of Response: 400.
    Average Hours per Response: 0.12.
    Total Estimated Burdens: 67,536.

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;

[[Page 60706]]

    (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 (44 U.S.C. 3507).

Jeffrey D. Little,
General Deputy Assistant Secretary for Housing, H.
[FR Doc. 2023-19039 Filed 9-1-23; 8:45 am]
BILLING CODE 4210-67-P