[Federal Register Volume 63, Number 219 (Friday, November 13, 1998)]
[Notices]
[Pages 63484-63485]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-30292]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4349-N-40]
Submission for OMB Review; Comment Request
AGENCY: Office of the Assistant Secretary for Administration, HUD.
ACTION: Notice.
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SUMMARY: The proposed information collection requirement 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: December 14, 1998.
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 and 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: Wayne Eddins, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street,
Southwest, Washington, DC 20410, telephone (202) 708-1305. This is not
a toll-free number. Copies of the proposed forms and other available
documents submitted to OMB may be obtained from Mr. Eddins.
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 the
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, and 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: Section 3507 of the Paperwork Reduction Act of 1995,
44 U.S.C. 35, as amended.
Dated: November 4, 1998.
David S. Cristy,
Director, IRM Policy and Management Division.
Title of Proposal: Loan Guarantee Program--Mortgage Credit Analysis
and Transmittal for Payment of Loan Guarantee Fee.
Office: Public and Indian Housing.
OMB Approval Number: 2577-0200.
Description of the Need for the Information and its Proposed Use:
The forms will be used by lenders to determine the borrowers' credit
worthiness and to forward specific loan data to Treasury. The lender
must analyze the borrower's ability to repay the mortgage debt. Once
the borrower is approved, a fee of 1 percent is submitted to HUD. This
is a one-time fee and can be included in the mortgage amount.
Form Number: HUD-53036 and HUD-53038.
Respondents: Business or Other-For-Profit.
Frequency of Submission: On Occasion.
Reporting burden:
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Number of Frequency of Hours per
respondents x response x response = Burden hours
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53036............................. 500 1 .10 50
53038............................. 500 1 .083 42
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[[Page 63485]]
Total Estimated Burden Hours: 92.
Status: Reinstatement without changes.
Contact: Karen Garner-Wing, HUD, (202) 675-1600 x3317, Joseph F.
Lackey, Jr., OMB, (202) 395-7316
Dated: November 4, 1998.
[FR Doc. 98-30292 Filed 11-12-98; 8:45 am]
BILLING CODE 4210-01-M
