[Federal Register Volume 62, Number 196 (Thursday, October 9, 1997)]
[Notices]
[Page 52755]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-26765]


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

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4263-N-38]


Submission for OMB Review: Comment Request

AGENCY: Office of Administration, HUD.

ACTION: Notice.

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

SUMMARY: The proposed information collection requirements 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: November 10, 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) 708-2374. 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 
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, an 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: Sec. 3507 of the Paperwork Reduction Act of 1995, 44 
U.S.C. 35, as amended.

    Dated: October 1, 1997.
David S. Cristy,
Director, Information Resources, Management Policy and Management 
Division.

Notice of Submission of Proposed Information Collection to OMB

    Proposal: Mortgagee Review Board.
    Office: Housing.
    OMB Approval Number: 2502-0450.
    Description of the Need for the Information and Its Proposed Use: 
Section 202(c) of the HUD Reform Act of 1989 established a Mortgagee 
Review Board to impose administrative sanctions and civil money 
penalties against HUD approved mortgagees that violate the Department 
of Housing and Urban Development's requirements in the origination and 
servicing of HUD-FHA insured mortgages. As part of the administrative 
sanction process, the Board may issue a Letter of Reprimand, place a 
mortgagee on probation, or suspend or withdraw the HUD approval of a 
mortgagee to participate in the HUD-FHA mortgage insurance programs. 
Mortgagees may respond to and/or appeal Board actions.
    Form Number: None.
    Respondents: Business or other for-profit.
    Frequency of Submission: Annually.
    Reporting Burden:

----------------------------------------------------------------------------------------------------------------
                                    Number of            Frequency of           Hours per                       
                                   respondents     x       response      x       response     =    Burden hours 
----------------------------------------------------------------------------------------------------------------
Information Collection.........              35                     1                  92.5               3,236 
----------------------------------------------------------------------------------------------------------------

    Total Estimated Burden Hours: 3,236.
    Status: Reinstatement, with changes.
    Contact: Andrew Zirneklis, HUD, (202) 708-1515 x102, Joseph F. 
Lackey, Jr., OMB, (202) 395-7316.

    Dated: October 1, 1997.
[FR Doc. 97-26765 Filed 10-8-97; 8:45 am]
BILLING CODE 4210-01-M