Federal Register / Vol. 61, No. 131 / Monday, July 8, 1996 / Notices 35777

NIH Guidelines. In lieu of the individual

program listing, NIH invites readers to

direct questions to the information

address above about whether individual

programs listed in the Catalog of

Federal Domestic Assistance are

affected.

Dated: June 28, 1996.

Harold Varmus,

Director, National Institutes of Health.

[FR Doc. 96–17349 Filed 7–5–96; 8:45 am]

BILLING CODE 4140–01–P

DEPARTMENT OF HOUSING AND

URBAN DEVELOPMENT

Office of the Assistant Secretary for

Housing—Federal Housing

Commissioner

[Docket No. FR–4032–N–02]

Notice of Proposed Information

Collection: Comment Request

AGENCY: Office of the Assistant

Secretary for Housing, 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: September 6,

1996.

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, Reports Liaison Officer,

Office of Housing, Department of

Housing & Urban Development, 451 7th

Street, SW, Room 9116, Washington, DC

20410.

FOR FURTHER INFORMATION CONTACT:

Oliver Walker, Room 9116, Department

of Housing and Urban Development,

451 7th Street, SW, Washington, DC

20410, (202) 708–1694, or, TTY for

hearing and speech impaired, (202)

708–4594 (these are not toll-free

numbers) for copies of the proposed

collection of information.

SUPPLEMENTARY INFORMATION: The

Department will submit the proposed

information collection to OMB for

review, as required by the 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 lists the following

information:

Title of Proposal: Single Family

Mortgage Insurance—Loss Mitigation

Procedures

OMB Control Number, if applicable:

[N/A—none yet assigned]

Description of the need for the

information and proposed use: New

section 24 CFR 203.605, ‘‘Loss

Mitigation Evaluation,’’ requires

mortgagees to perform an evaluation of

each defaulting mortgagor’s

circumstances to determine which if

any of the available loss mitigation

techniques are appropriate in order to

assist the mortgagor to:

(a) Reinstate the mortgage and retain

ownership of the affected property, or

(b) Avoid foreclosure, and mitigate

the losses to the Department by

encouraging the mortgagor to sell the

property or, if the mortgagor has no

equity in the property, to pursue a buyer

under the pre-foreclosure (’’short’’) sale

procedure or to voluntarily convey the

deed in lieu of what would otherwise be

the imminent foreclosure of the

mortgage.

This evaluation must be performed no

later than when three monthly mortgage

installments are due and unpaid, and

must be performed monthly thereafter

while the account is in default and such

foreclosure avoidance and loss

mitigation options remain under

consideration.

This information is needed to

ascertain whether adequate and prudent

loan servicing was performed by the

mortgagee. If a mortgagee submits a

claim for FHA insurance benefits, this

information will be subject to post-claim

review under the Department’s lender

monitoring activities.

Agency form numbers, if applicable:

Documentation simply added to

lender’s servicing files on HUD–27011

insurance claim form.

Members of affected public:

Mortgagees, loan servicing entities.

Estimation of the total numbers of

hours needed to prepare the information

collection, including:

(a) Number of respondents: Each FHA

approved lender will be required to

respond as part of standard procedures

for servicing defaulted loans.

(b) Frequency of response: 625,000

(based on 250,000 90-day defaults; 50%

self-cure; 125,000 90+ day defaults

averaging 3-additional months).

(c) Hours of response: 625,000 @ 0.25

hrs = 156,250 hours.

Status of the proposed information

collection: Pending approval.

Authority: Section 3506 of the Paperwork

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

as amended.

Dated: June 27, 1996.

Nicolas P. Retsinas,

Assistant Secretary for Housing—Federal

Housing Commissioner.

[FR Doc. 96–17176 Filed 7–5–96; 8:45 am]

BILLING CODE 4210–27–M

[Docket Nos. FR–3903–N–04 and FR–3904–

N–05]

Announcement of Funding Awards for

Supportive Housing for the Elderly and

Persons With Disabilities, FY 1995

AGENCY: Office of the Assistant

Secretary for Housing—Federal Housing

Commissioner, HUD.

ACTION: Announcement of funding

awards.

SUMMARY: In accordance with section

102(a)(4)(C) of the Department of

Housing and Urban Development

Reform Act of 1989, this announcement

notifies the public of funding award

decisions made by the Department as a

result of competitions for funding under

the following two notices of funding

availability: Supportive Housing for the

Elderly and Supportive Housing for

Persons with Disabilities. This

announcement contains the names and

addresses of the awardees and the

amount of the award.

FOR FURTHER INFORMATION CONTACT:

Jane Luton, Division Director, New

Product Division, Office of Multifamily

Housing Division, Department of

Housing and Urban Development, Room

6142, 451 Seventh Street SW.,

Washington, DC 20410–0500; telephone

(202) 708–2866. (This is not a toll-free

number.) A telecommunications device

for hearing- and speech-impaired

individuals (TTY) is available at 1–800–

877–8339 (Federal Information Relay

Service).