[Federal Register Volume 74, Number 81 (Wednesday, April 29, 2009)]
[Notices]
[Page 19575]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-9694]



[[Page 19575]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5285-N-15]


Notice of Proposed Information Collection: Comment Request; FHA-
Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations, 
Assumptions and Transfers

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

ACTION: Notice.

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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: June 29, 2009.

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: Lillian Deitzer, Departmental 
Reports Management Officer, QDAM, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410; e-mail 
<a href="/cdn-cgi/l/email-protection#501c393c3c39313e0f1c7e0f143539242a3522101805147e373f26"><span class="__cf_email__" data-cfemail="9ad6f3f6f6f3fbf4c5d6b4c5defff3eee0ffe8dad2cfdeb4fdf5ec">[email protected]</span></a> or telephone (202) 402-8048.

FOR FURTHER INFORMATION CONTACT: Vance T. Morris, Director, Office of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 
402-2419 (this is not a toll free number) for copies of the proposed 
forms and other available information.

SUPPLEMENTARY INFORMATION: The Department is submitting 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).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection 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 the 
use of appropriate automated collection techniques or other forms of 
information technology, e.g., permitting electronic submission of 
responses.
    This Notice also lists the following information:
    Title of Proposal: FHA-Insured Mortgage Loan Servicing of Payments, 
Prepayments, Terminations, Assumptions and Transfers.
    OMB Control Number, if applicable: 2502-New.
    Description of the need for the information and proposed use: FHA 
insurance is an important source of mortgage credit for low- and 
moderate-income borrowers and their neighborhoods. It is essential that 
FHA maintain a healthy mortgage insurance fund through premiums charged 
the borrower by FHA along with Federal budget receipts generated from 
those premiums to support HUD's goals. Providing policy and guidance to 
the single family housing mortgage industry regarding changes in FHA's 
program is essential to protect the fund. The OMB information requests 
referred to below provide HUD's policy and guidance. This information 
collection request for OMB review seeks to combine the requirements of 
three existing OMB collections under this collection. The OMB 
collections are as follows; OMB collections 2502-0036 ``Request for 
Credit Approval of Substitute Mortgagor'', 2502-0094 ``Assistance 
Payment Contract--Notice of Termination, Suspension, or 
Reinstatement''.
    Agency form numbers, if applicable: HUD-27050-A, Mortgage Insurance 
Termination, HUD-092210.1, Approval of Purchaser and Release of Seller, 
HUD-92080, Mortgage Record Change.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The number of burden hours is 833,250, 
the number of respondents is 223, the number of responses is 
43,895,000, the frequency of response is on occasion, and the burden 
hour per response is from 15 minutes to 3 hours depending upon the 
activity.
    Status of the proposed information collection: This is new 
collection.

    Authority:  The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: April 17, 2009.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing--Deputy Federal 
Housing Commissioner.
[FR Doc. E9-9694 Filed 4-28-09; 8:45 am]
BILLING CODE 4210-67-P


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