[Federal Register Volume 60, Number 193 (Thursday, October 5, 1995)]
[Notices]
[Page 52202]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-24718]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Assistant Secretary for Housing--Federal Housing
Commissioner
[Docket No. FR-3917-N-23]
Notice of Proposed Information Collection for Public Comment
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, 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: December 4, 1995.
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: Report Liaison Officer, Oliver
Walker, Management Services Division, Department of Housing & Urban
Development, 451 7th Street SW, Room 9116, Washington, DC 20410.
FOR FURTHER INFORMATION CONTACT: Betty A. Belin at 202-708-0614x2807
(this is not a toll-free number) for copies of the proposed forms 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 to be collected; (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: Mortgagee's Application for Insurance Benefits
(Multifamily Mortgage).
OMB control number: 2502-0419.
Description of the need for the information and proposed use: The
mortgagee of a FHA insured mortgage is required to pay to HUD an annual
mortgage insurance premium (MIP). When the mortgagor defaults by not
performing its obligations under the contract of insurance, the
mortgagee may elect to file a claim for insurance benefits. In the
initial stage of the claim, the mortgagee must submit to the FHA
Commissioner a form HUD-2747, Mortgagee's Application for Insurance
Benefits. The mortgagee's obligation to pay future insurance premiums
is terminated as of the date this form is received by the FHA
Commissioner; however, the mortgagee is responsible for the payment of
MIP premiums up to the receipt date acknowledged by the Commissioner.
During the audit of the mortgagee's claim for payment of insurance
benefits, the receipt date is compared to the mortgagee's MIP payment
history. Delinquent premiums are deducted from insurance benefits
payable to the mortgagee.
Agency form numbers: HUD-2747.
Member of affected public: Annually, it is estimated there will be
215 respondents. Each respondent will submit one form HUD-2747. The
form can be prepared within 5 minutes. There will be 18 annual
reporting hours.
Status of the proposed information collection: Reinstatement
without change.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. Chapter 35, as amended.
Dated: September 28, 1995.
Nicolas P. Retsinas,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 95-24718 Filed 10-4-95; 8:45 am]
BILLING CODE 4210-27-M
