[Federal Register Volume 89, Number 122 (Tuesday, June 25, 2024)]
[Notices]
[Pages 53117-53118]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-13855]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7086-N-17]


60-Day Notice of Proposed Information Collection: FHA-Insured 
Mortgage Loan Servicing of Delinquent, Default, and Foreclosure With 
Service Members Act, OMB Control No.: 2502-0584

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.

DATES: Comments Due Date: August 26, 2024.

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 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 8210, Washington, DC 20410-5000; 
telephone (202) 402-3400 (this is not a toll-free number) or email: 
[email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard Department of Housing 
and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 
20410; telephone 202-402-3577, (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: FHA-Insured Mortgage Loan 
Servicing of Delinquent Default, and Foreclosure with Service Members 
Act.
    OMB Approval Number: 2502-0584.
    Type of Request: Revision of currently approved collection.
    Form Numbers: HUD 92070, HUD-2008-5-FHA, HUD 92068-A, HUD-50012, 
HUD-90041.

[[Page 53118]]

    Description of the need for the information and proposed use: This 
request for information collection encompasses requirements for both 
FHA-approved Mortgagees who service FHA-insured mortgages and FHA-
insured Mortgagors (borrowers). Information received must comply with 
delinquency and default servicing, foreclosure, and the Servicemembers 
Civil Relief Act (SCRA) requirements. The need and proposed use of the 
collection efforts for non-performing FHA-insured mortgages is to bring 
a delinquent mortgage current as quickly as possible, avoid foreclosure 
when feasible, and minimize losses to FHA's Mutual Mortgage Insurance 
Fund.
    Estimated Number of Respondents: 3,360.
    Frequency of Response: Monthly.
    Estimated Number of Responses: 26,668,067.
    Average Hours per Response: 1.05.
    Total Estimated Burdens: 15,723,493.

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                                       Number of        Frequency of       Responses per    Burden hour    Annual burden    Hourly cost
      Information collection          respondents         response             annum       per response        hours       per response     Annual cost
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FHA-Insured Mortgage Loan                    3,360  Monthly.............      26,668,067            1.05      15,723,493          $34.16    $537,114,520
 Servicing of Delinquent, Default,
 and Foreclosure with Service
 Members Act.
                                   ---------------------------------------------------------------------------------------------------------------------
    Totals........................           3,360  ....................      26,668,067  ..............      15,723,493           34.16     537,114,520
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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 comment in response to 
these questions.

C. Authority

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

Vance T. Morris,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2024-13855 Filed 6-24-24; 8:45 am]
BILLING CODE 4210-67-P