[Federal Register Volume 89, Number 136 (Tuesday, July 16, 2024)]
[Notices]
[Pages 57926-57927]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15544]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7086-N-21]


60-Day Notice of Proposed Information Collection: Request for 
Termination of Multifamily Mortgage Insurance; OMB Control No.: 2502-
0416

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

ACTION: Notice.

-----------------------------------------------------------------------

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: September 16, 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; 
telephone (202) 402-3400 (this is not a toll-free number) or email: 
[email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, REE, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email: [email protected] or 
telephone

[[Page 57927]]

(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 and 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: Insurance Termination Request for 
Multifamily Mortgage.
    OMB Approval Number: 2502-0416.
    Type of Request: Reinstatement, with change, of previously approved 
collection for which approval has expired.
    Form Number: 9807.
    Description of the need for the information and proposed use: This 
information collection is used for mortgagees to request HUD to 
terminate a mortgage insurance contract for an FHA-insured mortgage 
upon prepayment in full of the mortgage prior to its maturity date, or 
by an owner's and mortgagee's mutual agreement to voluntarily terminate 
the contract of mortgage insurance without a prepayment. Adjustments 
were necessary for the number of respondents and number of responses as 
the previous collection did not capture the correct information. This 
revision captures the correct information.
    Respondents: Business (mortgage lenders).
    Estimated Number of Respondents: 14,580.
    Estimated Number of Responses: 14,580.
    Frequency of Response: 1.
    Average Hours per Response: .25.
    Total Estimated Burdens: 3,645.

B. Solicitation of Public Comment

    This Notice is soliciting comments from members of the public and 
affected agencies 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 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.

Jeffrey D. Little,
General Deputy Assistant Secretary, Office of Housing.
[FR Doc. 2024-15544 Filed 7-15-24; 8:45 am]
BILLING CODE 4210-67-P