5028 Federal Register / Vol. 62, No. 22 / Monday, February 3, 1997 / Notices

[Docket No. FR–4200–N–18]

Notice of Proposed Information

Collection for Public Comment

AGENCY: Office of the Assistant

Secretary for Housing—Federal Housing

Commissioner, HUD.

ACTION: Notice.

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: April 4, 1997.

ADDRESSES: Interested persons are

invited to submit comments regarding

this proposal. Comments should refer to

the proposal by name and/or OMB

Control Number and should be sent to:

Oliver Walker, Housing, Department of

Housing & Urban Development, 451—

7th Street, SW, Room 9116, Washington,

DC 20410.

FOR FURTHER INFORMATION CONTACT:

Daniel Kahn, Mortgage Underwriting

and Insurance Branch (HSIHM),

Telephone number (202) 708–2121 ext.

2212 (this is not a toll-free number) for

copies of the proposed form and other

available documents.

SUPPLEMENTARY INFORMATION: The

Department will submit the proposed

information collection to OMB for

review, as required by the Paperwork

Reduction Act of 1995 (44 U.S.C.

Chapter 35, as amended).

The Notice is soliciting comments

from members of the public and

affecting agencies concerning the

proposed collection of information to:

(1) Evaluate 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) Evaluate the

accuracy of the agency’s estimate of the

burden of the proposed collection of

information; (3) Enhance the quality,

utility, and clarity of the information to

be collected; and (4) 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.

This Notice also listing the following

information:

Title of Proposal: Request for

Insurance Endorsement under the Direct

Endorsement Program.

OMB Control Number: 2502–0365.

Description of the need for the

information and the proposed use: The

Direct Endorsement Program permits

mortgage lenders to underwrite

applications for mortgage insurance and

close mortgage loans without prior HUD

review. Lenders then submit the closing

package to HUD with request for

insurance endorsement. The request is

keyed into HUD’s computer system to

speed the process of issuing a computergenerated mortgage insurance

certificate.

Agency form numbers: HUD–54111.

Members of affected public: Business

or other for-profit.

Public reporting burden for this

collection of information is estimated to

average 0.5 hours per response,

including the time for reviewing

instructions, searching existing data

sources, gathering and maintaining the

data needed, and completing and

reviewing the collection of information.

The burden of completing the form will

be eliminated. Lenders will be able to

key the information online or have their

computer transmit the information. The

number of respondents is 3,378 and the

frequency of response is on occasion,

that is a specific event, a mortgage

closing. Since remittance is made

through the Automatic Clearinghouse,

the upfront remittance is submitted

electronically and there is no paperwork

to complete and mail in.

Status of the proposed information

collection: Reinstatement, with change,

of a previously approved collection for

which approval has expired.

Authority: Section 3506 of the Paperwork

Reduction Act of 1995, 44 U.S.C. Chapter 35,

as amended.

Dated: January 24, 1997.

James E. Schoenberger,

Associate General Deputy Assistant Secretary

for Housing–Federal Housing Commissioner.

[FR Doc. 97–2601 Filed 1–31–97; 8:45 am]

BILLING CODE 4210–27–M

[Docket No. FR–3255–N–09]

Submission for OMB Review:

Comment Request

AGENCY: Office of Administration, HUD.

ACTION: Notice.

SUMMARY: The proposed information

collection requirement described below

has been 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: March 5,

1997.

ADDRESSES: Interested persons are

invited to submit comments regarding

this proposal. Comments must be

received within thirty (30) days from the

date of this Notice. Comments should

refer to the proposal by name and/or

OMB approval number and should be

sent to: Joseph F. Lackey, Jr., OMB Desk

Officer, Office of Management and

Budget, Room 10235, New Executive

Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:

Kay F. Weaver, Reports Management

Officer, Department of Housing and

Urban Development, 451 7th Street,

Southwest, Washington, DC 20410,

telephone (202) 708–0050. This is not a

toll-free number. Copies of the proposed

forms and other available documents

submitted to OMB may be obtained

from Ms. Weaver.

SUPPLEMENTARY INFORMATION: The

Department has submitted the proposal

for the collection of information, as

described below, to OMB for review, as

required by the Paperwork Reduction

Act (44 U.S.C. Chapter 35).

The Notice lists the following

information: (1) The title of the

information collection proposal; (2) the

office of the agency to collect the

information; (3) the OMB approval

number, if applicable; (4) the

description of the need for the

information and its proposed use; (5)

the agency form number, if applicable;

(6) what members of the public will be

affected by the proposal; (7) how

frequently information submissions will

be required; (8) an estimate of the total

number of hours needed to prepare the

information submission including

number of respondents, frequency of

response, and hours of response; (9)

whether the proposal is new, an

extension, reinstatement, or revision of

an information collection requirement;

and (10) the names and telephone

numbers of an agency official familiar

with the proposal and of the OMB Desk

Officer for the Department.

Authority: Section 3507 of the Paperwork

Reduction Act of 1995, 44 U.S.C. 35, as

amended.

Dated: January 23, 1997.

David S. Cristy,

Acting Director, Information Resources,

Management Policy and Management

Division.

Notice of Submission of Proposed

Information Collection to OMB

Title of Proposal: Initial/Annual

Escrow Account Settlement (FR–3255).

Office: Housing.

OMB Approval Number: 2502–0501.

Description of the Need for the

Information and Its Proposed Use: The
Federal Register / Vol. 62, No. 22 / Monday, February 3, 1997 / Notices 5029

Real Estate Settlement Procedures Act

requires mortgage originators to submit

an initial escrow account statement

describing payments and disbursements

to the account. Mortgage services are

required to submit annual escrow

account statements describing the

previous year’s activity and certifying

that the account was operated legally.

Form Number: None.

Respondents: Individuals or

Households and Business or Other ForProfit.

Frequency of Submission:

Recordkeeping, Third Party Disclosure,

and Annually.

Reporting burden Number of

respondents x Frequency ofresponse x Hours perresponse = Burdenhours

Information Collection ............................................................. 2,000 19,775 .1176 4,649,250

Recordkeeping ........................................................................ 2,000 1 329.6 659,167

Total Estimated Burden Hours:

5,308,417.

Status: Extension, without changes.

Contact: Ivy M. Jackson, HUD, (202)

708–4560; Joseph F. Lackey, Jr., OMB,

(202) 395–7316.

[FR Doc. 97–2596 Filed 1–31–97; 8:45 am]

BILLING CODE 4210–01–M

[Docket No. FR–3638–N–09]

Submission for OMB Review:

Comment Request

AGENCY: Office of Administration, HUD.

ACTION: Notice.

SUMMARY: The proposed information

collection requirement described below

has been 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: March 5,

1997.

ADDRESSES: Interested persons are

invited to submit comments regarding

this proposal. Comments must be

received within thirty (30) days from the

date of this Notice. Comments should

refer to the proposal by name and/or

OMB approval number should be sent

to: Joseph F. Lackey, Jr., OMB Desk

Officer, Office of Management and

Budget, Room 10235, New Executive

Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Kay

F. Weaver, Reports Management Officer,

Department of Housing and Urban

Development, 451 7th Street,

Southwest, Washington, DC 20410,

telephone (202) 708–0050. This is not a

toll-free number. Copies of the proposed

forms and other available documents

submitted to OMB may be obtained

from Ms. Weaver.

SUPPLEMENTARY INFORMATION: The

Department has submitted the proposal

for the collection of information, as

described below, to OMB for review, as

required by the Paperwork Reduction

Act (44 U.S.C. Chapter 35).

The Notice lists the following

information: (1) the title of the

information collection proposal; (2) the

office of the agency to collect the

information; (3) the OMB approval

number, if applicable; (4) the

description of the need for the

information and its proposed use; (5)

the agency form number, if applicable;

(6) what members of the public will be

affected by the proposal; (7) how

frequently information submissions will

be required; (8) an estimate of the total

number of hours needed to prepare the

information submission including

number of respondents, frequency of

response, and hours of response; (9)

whether the proposal is new, an

extension, reinstatement, or revision of

an information collection requirement;

and (10) the names and telephone

numbers of an agency official familiar

with the proposal and of the OMB Desk

Officer for the Department.

Authority: Section 3507 of the Paperwork

Reduction Act of 1995, 44 U.S.C. 35, as

amended.

Dated: January 23, 1997.

David S. Cristy,

Acting Director, Information Resources,

Management Policy and Management

Division.

Notice of Submission of Proposed

Information Collection to OMB

Title of Proposal: Affiliated Business

Arrangement Disclosure (FR–3638).

Office: Housing.

OMB Approval Number: 2502–0516.

Description of the Need for the

Information and its Proposed Use: A

settlement service provider or an

employee of a settlement service

provider is required to give the borrower

an affiliated business arrangement

disclosure prior to or at the time the

borrower is referred to an affiliated

provider. The disclosure must be a

separate document and the format must

contain the following information: (1)

specify the nature of the relationship

(explaining the ownership and financial

interest) between the person performing

the settlement service and the person

making the referral; (2) describe the

estimated changes or range of changes

generally made by the provider of

settlement services; and (3) state that the

borrower is not required to use the

referred provider (except for certain

circumstances).

Form Number: None.

Respondents: Individuals or

Households and Business or Other ForProfit.

Frequency of Submission: Third Party

Disclosure.

Reporting burden Number of

respondents × Frequency ofresponse × Hours perresponse = Burdenhours

Third party disclosure ................................................................. 10,000 240 .10 240,000

Total Estimated Burden Hours:

240,000.

Status: Extension, without changes.

Contact: Ivy M. Jackson, HUD, (202)

708–4560; Joseph F. Lackey, Jr., OMB,

(202) 395–7316.

[FR Doc. 97–2597 Filed 1–31–97; 8:45 am]

BILLING CODE 4210–01–M

[Docket No. FR–4171–D–01]

Redelegation of Authority

AGENCY: Office of the Assistant

Secretary for Housing-Federal Housing

Commissioner, HUD.