[Federal Register Volume 59, Number 27 (Wednesday, February 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2945]
[[Page Unknown]]
[Federal Register: February 9, 1994]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. N-94-3711]
Submission of Proposed Information Collections to OMB
AGENCY: Office of Administration, HUD.
ACTION: Notices.
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SUMMARY: The proposed information collection requirements described
below have been submitted to the Office of Management and Budget (OMB)
for review, as required by the Paperwork Reduction Act. The Department
is soliciting public comment on the subject proposals.
ADDRESSES: Interested persons are invited to submit comment regarding
these proposals. Comments should refer to the proposal by name and
should be sent to: Joseph F. Lackey, Jr., OMB Desk Officer, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Kay F. Weaver, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street,
Southwest, Washington, DC 20410, telephone (202) 708-0050. This is not
a toll-free number. Copies of the proposed forms and other available
documents submitted to OMB may be obtained from Ms. Weaver.
SUPPLEMENTARY INFORMATION: The Department has submitted the proposals
for the collections of information, as described below, to OMB for
review, as required by the Paperwork Reduction Act (44 U.S.C. chapter
35).
The Notices list the following information: (1) The title of the
information collection proposal; (2) the office of the agency to
collect the information; (3) the description of the need for the
information and its proposed use; (4) the agency form number, if
applicable; (5) what members of the public will be affected by the
proposal; (6) how frequently information submissions will be required;
(7) 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; (8) whether the proposal is new or an
extension, reinstatement, or revision of an information collection
requirement; and (9) 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, 44
U.S.C. 3507; section 7(d) of the Department of Housing and Urban
Development Act, 42 U.S.C. 3535(d).
Dated: January 24, 1994.
John T. Murphy,
Director, IRM Policy and Management Division.
Proposal: Legal Instructions Concerning Applications for Full
Insurance Benefits Assignment of Multifamily Mortgages to the
Secretary.
Office: General Counsel.
Description of the need for the information and its proposed use:
Holders of HUD-insured multifamily mortgages may receive mortgage
insurance benefits, in the event of a default, by assigning the
mortgage to HUD. This information collection describes the legal
documents to be submitted by the mortgagee and the procedures for
submission.
Form number: None.
Respondents: State or Local Governments, businesses or other for-
profit, and Federal Agencies or Employees.
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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Information collection................................................... 359 1 26 9,334
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Total estimated burden hours: 9,334.
Status: Reinstatement.
Contact: Donald Franck, HUD, (202) 708-4167, Joseph F. Lackey, Jr.,
OMB, (202) 395-6880.
Dated: January 24, 1994.
Proposal: Real Estate Settlement Procedures Act (RESPA), Amendments
to RESPA in the Housing and Community Development Act of 1992 (FR-
3382).
Office: Housing.
Description of the need for the information and its proposed use:
This rule proposes to amend 24 CFR Part 3500, the implementing
regulations for RESPA, to reflect amendments to RESPA in the Housing
and Community Development Act of 1992 which adds a new class of covered
transactions--subordinate mortgages and proposes a new Settlement
Statement (HUD-1A).
Form Number: HUD-1A.
Respondents: Businesses or other for-profit.
Frequency of submission: On occasion.
Reporting burden:
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Number of x Frequency of x Hours per
respondents response response = Burden hours
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HUD-1A................................................................... 115,000 13.12 .35 528,025
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Total estimated Burden Hours: 528,025.
Status: Extension.
Contact: Ivy M. Jackson, HUD, (202) 708-4560, Joseph F. Lackey,
Jr., OMB, (202) 395-7316.
Dated: January 24, 1994.
Proposal: Default Status Report on Multifamily Housing Projects.
Office: Housing.
Description of the need for the information and its proposed use:
Mortgagees use this report to notify HUD that a project owner has
defaulted and that an assignment of acquisition will result if HUD and
the mortgagor do not develop a plan for reinstating the loan. The
report triggers HUD's negotiation with the mortgagor.
Form Number: HUD-92426.
Respondents: Businesses or other for-profit.
Frequency of submission: Monthly.
Reporting burden:
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Number of Frequency of Hours per
respondents x response x response = Burden hours
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Information collection................................................... 2,000 3 .25 1,500
Recordkeeping............................................................ 500 1 2.00 1,000
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Total estimated Burden Hours: 2,500.
Status: Extension.
Contact: James J. Tahash, HUD, (202) 708-3944, Joseph F. Lackey,
Jr., OMB, (202) 395-7316.
Dated: January 10, 1994.
Proposal: Issuer's Monthly Accounting Report.
Office: Government National Mortgage Association.
Description of the need for the information and its proposed use:
Issuers will use these forms to report monthly on their securities
accounting. The information is necessary to assure issuers are
performing pursuant to the guaranty agreement and investors are
receiving all funds due them.
Form number: HUD-117110A, 1710B, 1710C, 11710D, and 11710E.
Respondents: Businesses or other for-profit.
Frequency of submission: On occasion and monthly.
Reporting burden:
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Number of Frequency of Hours per
respondents x response x response = Burden hours.
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HUD-11710A............................................................. 824 4,287 .012036 42,517
HUD-1710B.............................................................. 13 12 .25 39
HUD-1710C.............................................................. 10 2 .16 3
HUD-11710D............................................................. 824 12 .25 2,472
HUD-11710E............................................................. 824 24 .16 3,164
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Total estimated burden hours: 48,195.
Status: Reinstatement.
Contact: Brenda Countee, HUD, (202) 708-1535, Joseph F. Lackey,
Jr., OMB, (202) 395-7316.
Dated: January 10, 1994.
Proposal: Summary of Guaranty Agreement--Graduated Payment and
Growing Equity.
Office: Government National Mortgage Association (GNMA).
Description of the need for the information and its proposed use:
In compliance with Section 306(g) of the National Housing Act, GNMA is
authorized to guarantee the timely payment of principal and interest on
securities which are based on or backed by a pool composed of
mortgages. Issuers of mortgage-backed securities polls use these forms
to report monthly on their securities accounting.
Form number: HUD-1746, 11748-A, 11748-B, and 11748-C.
Respondents: Businesses 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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Information collection................................................... 824 4.4 .25 900
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Total estimated burden hours: 900.
Status: Reinstatement.
Contact: Charles Clark, HUD, (202) 708-1535, Joseph F. Lackey, Jr.,
OMB, (202) 395-7316.
Dated: January 10, 1994.
Proposal: Application Submission Requirements: Section 202 Housing
for the Elderly and Section 811 Housing for Persons with Disabilities.
Office: Housing.
Description of the need for the information and its proposed use:
This information is needed to facilitate a prompt and orderly
conversion of the Section 202 Direct Loan Pipeline Projects to the
Section 202 or Section 811 Capital Advance Programs. This information
will be used to assist HUD in determining the owner's eligibility and
capacity to finalize the development of a housing project under the
Capital Advance Program.
Form number: HUD-92446-CA, 92476A, 9066-CA, 90165-CA, 9064-CA,
90171-CA, 90163-CA, 92450-CA, 91732A, 92531B-CA, 90167-CA, 90177-CA,
90170-CA, and 90176-CA.
Respondents: Non-profit institutions.
Frequency of submission: On occasion and monthly.
Reporting burden:
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Number of Frequency of Hours per
respondents x response x response = Burden hours.
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Information collection................................................... 260 1 43.17 11,225
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Total estimated burden hours: 11,225.
Status: Extension.
Contact: Evelyn Berry, HUD, (202) 708-2866, Joseph F. Lackey, Jr.,
OMB, (202) 395-7316.
Dated: January 12, 1994.
[FR Doc. 94-2945 Filed 2-8-94; 8:45 am]
BILLING CODE 4210-01-M
