2023-13046. 60-Day Notice of Proposed Information Collection: Ginnie Mae Multiclass Securities Program Documents; OMB Control No.: 2503-0030

AGENCY:

Office of the President of Government National Mortgage Association (Ginnie Mae), HUD.

ACTION:

Notice.

SUMMARY:

HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.

DATES:

Comments Due Date: August 21, 2023.

ADDRESSES:

Interested persons are invited to submit comments regarding this proposal. Written comments and recommendations for the proposed information collection can be sent within 60 days of publication of this notice to www.reginfo.gov/​public/​do/​PRAMain. Find this particular information collection by selecting “Currently under 60-day Review—Open for Public Comments” or by using the search function. Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Anna P. Guido, Clearance Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000; email [e-mail].

FOR FURTHER INFORMATION CONTACT:

Anna P. Guido, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email at [e-mail], telephone [phone]. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit https://www.fcc.gov/​consumers/​guides/​telecommunications-relay-service-trs. Copies of available documents submitted to OMB may be obtained from [Ms. Guido].

SUPPLEMENTARY INFORMATION:

This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A.

A. Overview of Information Collection

Title of Information Collection: Ginnie Mae Multiclass Securities Program.

OMB Approval Number: 2503–0030.

Type of Request Update to a currently approved collection.

Description of the need for the information and proposed use:

Respondents:

Information Collection/Form Number: 2503–0030.

Estimated Number of Respondents: 95.

Frequency of Response: 25.

Responses per Annum: 250.

Average Burden Hours per Response: 8,556.

Total Estimated Burdens: 39,525.75.

A	B	C	D	E	F
Information collection	Number of respondents	Frequency of response	Responses per annum	Burden hour per response	Annual burden hrs	Hourly cost per response	Annual cost
Pricing Letter	25	10	250	0.5	125	$45.56	$5,695.00
Structured Term Sheet	25	10	250	3	750	45.56	34,170.00
Trust (REMIC) Agreement	25	10	250	1	250	45.56	11,390.00
Trust Opinion	25	10	250	4	1,000	45.56	45,560.00
MX Trust Agreement	25	10	250	0.16	40	45.56	1,822.40
MX Trust Opinion	25	10	250	4	1,000	45.56	45,560.00
RR Certificate	25	10	250	0.08	20	45.56	911.20
Sponsor Agreement	25	10	250	0.05	12.5	45.56	569.50
Table of Contents	25	10	250	0.33	82.5	45.56	3,758.70
Issuance Statement	25	10	250	0.05	12.5	45.56	569.50
Tax Opinion	25	10	250	4	1,000	45.56	45,560.00
Transfer Affidavit	25	10	250	0.08	20	45.56	911.20
Supplemental Statement	25	0.25	6.25	1	6.25	45.56	284.75
Final Data Statements (attached to closing letter)	25	10	250	32	8,000	45.56	364,480.00
Accountants' Closing Letter	25	10	250	8	2,000	45.56	91,120.00
Accountants' OSC Letter	25	10	250	8	2,000	45.56	91,120.00
Structuring Data	25	10	250	8	2,000	45.56	91,120.00
Financial Statements	25	10	250	1	250	45.56	11,390.00
Principal and Interest Factor File Specifications	25	10	250	16	4,000	45.56	182,240.00
Distribution Dates and Statement	25	10	250	0.42	105	45.56	4,783.80
Term Sheet	25	10	250	2	500	45.56	22,780.00
New Issue File Layout	25	10	250	4	1,000	45.56	45,560.00
Flow of Funds	25	10	250	0.16	40	45.56	1,822.40
Trustee Receipt	25	10	250	2	500	45.56	22,780.00
Subtotal			5,756.25		24,713.75		1,146,916.05
Platinum Securities
Deposit Agreement	70	10	700	1	700	45.56	31,892.00
MBS Schedule	70	10	700	0.16	112	45.56	5,102.72
New Issue File Layout	70	10	700	4	2,800	45.56	127,568.00
Principal and Interest Factor File Specifications	70	10	700	16	11,200	45.56	510,272.00
Subtotal			2,800		14,812.00		674,834.72
Total Annual Responses			8,556.25
Total Burden Hours					39,525.75
Total Cost							1,821,750.77

B. Solicitation of Public Comment

This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:

(1) 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) The accuracy of the agency's estimate of the burden of the proposed collection of information;

(3) Ways to enhance the quality, utility, and clarity of the information to be collected; and

(4) Ways to 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.

HUD encourages interested parties to submit comments in response to these questions.

C. Authority

Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. chapter 35.

Sam I. Valverde,

Principal Executive Vice President, Ginnie Mae.