[Federal Register Volume 89, Number 207 (Friday, October 25, 2024)]
[Notices]
[Pages 85229-85230]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-24867]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7080-N-52]


30-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 Policy Development and Research, Chief Data Officer, 
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 comments 
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: November 25, 2024.

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

[[Page 85230]]

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, Reports Managment Officer, REE, 
Department of Housing and Urban Development, 451 7th Street SW, Room 
8210, Washington, DC 20410-5000; email 
<a href="/cdn-cgi/l/email-protection#441425342136332b362f1621203127302d2b2a0527300b22222d2721042c31206a232b32"><span class="__cf_email__" data-cfemail="1d4d7c6d786f6a726f764f7879687e697472735c7e69527b7b747e785d756879337a726b">[email protected]</span></a>.

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 <a href="/cdn-cgi/l/email-protection#df9cb0b3baababbaf18fb0b3b3beadbb9fb7aabbf1b8b0a9"><span class="__cf_email__" data-cfemail="51123e3d342525347f013e3d3d302335113924357f363e27">[email protected]</span></a> 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 June 
25, 2024 at 89 FR 53117.

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.
    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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                                                                                                        Burden      Annual      Hourly
           Information collection              Number of      Frequency of  response      Responses    hour per     burden     cost per     Annual cost
                                              respondents                                 per annum    response     hours      response
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FHA-Insured Mortgage Loan Servicing of              3,360  Monthly.....................   26,668,067       1.05   15,723,493      $34.16    $537,114,520
 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.
    (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. 
chapter 35.

Colette Pollard,
Department Reports Management Officer, Office of Policy Development and 
Research, Chief Data Officer.
[FR Doc. 2024-24867 Filed 10-24-24; 8:45 am]
BILLING CODE 4210-67-P


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