66042 Federal Register / Vol. 88, No. 185 / Tuesday, September 26, 2023 / Notices 

7th Street SW, Room 8210, Washington, 

DC 20410–5000; email 

PaperworkReductionActOffice@

hud.gov. 

FOR FURTHER INFORMATION CONTACT: 

Colette Pollard, Reports Management 

Officer, REE, Department of Housing 

and Urban Development, 7th Street SW, 

Room 8210, Washington, DC 20410; 

email Colette.Pollard@hud.gov 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. 

The Federal Register notice that 

solicited public comment on the 

information collection for a period of 60 

days was published on July 6, 2023 at 

88 FR 43136. 

A. Overview of Information Collection 

Title of Information Collection: 

Disclosure of Adjustable Rate Mortgage 

(ARM) Rates. 

OMB Approval Number: 2502–0322. 

OMB Expiration Date: 8–31–2023. 

Type of Request: Extension. 

Form Number: None. 

Description of the need for the 

information and proposed use: Mortgage 

lenders must provide loan applicants 

wishing to obtain an FHA-insured 

Adjustable Rate Mortgage (ARM) with a 

pre-loan disclosure that includes a 

written explanation of the ARM loan 

features. Loan servicers must also 

provide mortgagors with adjustable rate 

mortgages an annual ARM Disclosure 

Notice at least 25 days before any 

adjustment to a mortgagor’s monthly 

payment may occur, advising the 

borrower of the new interest rate, the 

new monthly payment, index value and 

how the adjustment was calculated. 

Lenders generate the ARM Disclosures 

electronically and generally provide 

these disclosures on paper to their 

borrowers or in electronic formats. HUD 

collects the pre-loan ARM disclosure as 

part of the origination case binder. HUD 

may collect post-closing ARM 

disclosures as part of HUD’s program 

monitoring and enforcement activities, 

e.g., when a loan is selected for HUD’s 

post-endorsement quality review, or the 

lender sends the file to HUD for claim. 

HUD may review collected disclosures 

to ensure compliance with the ARM 

disclosure requirements. 

Respondents: Lenders. 

Estimated Number of Respondents: 

2250. 

Estimated Number of Responses: 

60,401. 

Frequency of Response: One per FHAinsured adjustable rate loan. 

Average Hours per Response: .05. 

Total Estimated Burden: 3,020. 

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. 

(5) Ways to minimize the burden of 

the collection of information on those 

who are to respond, including the use 

of automated collection techniques or 

other forms of information technology. 

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. 3507. 

Colette Pollard, 

Department Reports Management Officer, 

Office of Policy Development and Research, 

Chief Data Officer. 

[FR Doc. 2023–20829 Filed 9–25–23; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–7070–N–59] 

30-Day Notice of Proposed Information 

Collection: Mortgage Insurance 

Termination, Application for Premium 

Refund, Tracer Claimant Refund Case 

Request, Online HUD–27050–B; OMB 

Control No.: 2502–0414 

AGENCY: Office of Policy Development 

and Research, Chief Data Officer, 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 an additional 30 days of 

public comment. 

DATES: Comments Due Date: October 26, 

2023. 

ADDRESSES: Interested persons are 

invited to submit comments regarding 

this proposal. Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-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: Colette Pollard, 

Clearance Officer, REE, Department of 

Housing and Urban Development, 451 

7th Street SW, Room 8210, Washington, 

DC 20410–5000; email 

PaperworkReductionActOffice@

hud.gov. 

FOR FURTHER INFORMATION CONTACT: 

Colette Pollard, Reports Management 

Officer, REE, Department of Housing 

and Urban Development, 7th Street SW, 

Room 8210, Washington, DC 20410; 

email Colette.Pollard@hud.gov 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. 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 88, No. 185 / Tuesday, September 26, 2023 / Notices 66043 

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. 

The Federal Register notice that 

solicited public comment on the 

information collection for a period of 60 

days was published on July 6, 2023 at 

88 FR 43135. 

A. Overview of Information Collection 

Title of Information Collection: 

Mortgage Insurance Termination. 

Application for Premium Refund, 

Tracer Claimant Refund Case Request. 

OMB Approval Number: 2502–0414. 

OMB Expiration Date: 12/31/2023. 

Type of Request: Revision of currently 

approved OMB collection. 

Form Number: Mortgage Insurance 

Termination HUD–27050–A is 

submitted electronically; Application 

for Premium Refund HUD–27050–B. 

Description of the need for the 

information and proposed use: Mortgage 

Insurance Termination information is 

used by servicing mortgagees to comply 

with HUD requirements for reporting 

termination of FHA mortgage insurance. 

This information is used whenever FHA 

mortgage insurance is terminated and 

no claim for insurance benefits will be 

filed. This information is submitted on 

the internet or via EDI and is used to 

issue mortgage insurance premium 

(MIP) refunds directly to eligible 

claimants. This condition occurs when 

the form passes the criteria of certain 

system edits. As a result, the system 

generates a disbursement to the eligible 

claimant for the refund consisting of the 

unused portion of the paid premium. 

The information collected is used to 

update HUD’s Single Family Insurance 

System. The billing of mortgage 

insurance premiums is discontinued as 

a result of the transaction. Without this 

information, the premium collection/ 

monitoring function would be severely 

impeded and program data would be 

unreliable. Currently when the form is 

processed but does not pass the criteria 

in the series of system edits, the system 

generates the HUD 27050–B Application 

for Premium Refund for the claimant to 

complete and return to HUD for further 

processing of the refund. In general, a 

Premium Refund is the difference 

between the amount of prepaid 

premium and the amount of the 

premium that has been earned by HUD 

up to the time the mortgage is 

terminated. The Tracer Claimant Refund 

Case Request is used to collect 

information on the claimant from the 

tracer. 

Information collection Number of 

respondents 

Frequency of 

response 

Total annual 

responses 

Hours per 

response 

Total annual 

hours 

Mortgage Insurance Termination HUD–27050–A ............... 1,898 Varies 1,310,031 0.08 104,802 

Application for Premium Refund HUD–27050–B ................ 10,394 1 10,394 0.25 2,599 

Tracer—Claimant Refund Case Request ............................ 360 1 360 .25 90 

Online Application for Premium Refund HUD 27050–B ...... 15,592 1 15,592 .25 3,898 

Totals ............................................................................ 28,244 ........................ 1,336,377 ........................ 111,389 

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. 

(5) ways to minimize the burden of 

the collection of information on those 

who are to respond, including the use 

of automated collection techniques or 

other forms of information technology. 

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. 

Colette Pollard, 

Department Reports Management Officer, 

Office of Policy Development and Research, 

Chief Data Officer. 

[FR Doc. 2023–20831 Filed 9–25–23; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–7066–N–13] 

Notice of Proposed Information 

Collection for Public Comment: Mod 

Rehab Single Room Occupancy— 

Renewal Housing Assistance 

Payments & Rent Calculation Form; 

OMB Control No.: 2506–0216 

AGENCY: Office of Community Planning 

and Development, HUD. 

ACTION: Notice of proposed information 

collection. 

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: November 

27, 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 

PaperworkReductionActOffice@

hud.gov. 

FOR FURTHER INFORMATION CONTACT: 

Norm Suchar, Director, Office of Special 

Needs Assistance Programs, Office of 

Community Planning and Development, 

Department of Housing and Urban 

Development, 451 7th Street SW, Room 


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