[Federal Register Volume 62, Number 123 (Thursday, June 26, 1997)]
[Notices]
[Pages 34439-34440]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-16745]
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DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Utilities Service
Rural Business Service
Farm Service Agency
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCY: Rural Housing Service, USDA.
ACTION: Proposed collection; comments request.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Agency's intention to seek continued OMB approval
for a currently approved information collection contained in 7 CFR
1927-B, Real Estate Title Clearance and Loan Closing.
DATES: Comments on this notice must be received by August 25, 1997, to
be assured of consideration.
FOR FURTHER INFORMATION CONTACT: E. Sue Smith, Senior Loan Specialist,
Single Family Housing Processing Division, RHS, U. S. Department of
Agriculture, Ag Stop 0783, 1400 Independence Avenue, SW., Washington,
DC 20250-0783, Telephone (202) 690-4507.
SUPPLEMENTARY INFORMATION:
Title: Real Estate Title Clearance and Loan Closing.
OMB Number: 0575-0147.
Expiration Date of Approval: November 30, 1997.
Type of Request: Extension of a currently approved information
collection.
Abstract: Section 501 of Title V of the Housing Act of 1949, as
amended, authorizes the Secretary of Agriculture to extend financial
assistance to construct, improve, alter, repair, replace or
rehabilitate dwellings, farm buildings and/or related facilities to
provide decent, safe, and sanitary living conditions and adequate farm
buildings and other structures in rural areas. Title Clearance is
required to assure the Agency(s) that the loan is legally secured and
has the required lien priority.
The Agency will be collecting information to assure that those
participating in this program remain eligible to proceed with loan
closing and to ensure that loans made with Federal funds are legally
secured. The respondents are individuals or households, farms,
businesses, and non-profit institutions. The information required is
used by Agency personnel to verify that the required lien position has
been obtained. The information is collected at the field office
responsible for processing a loan application through loan closing. The
information is also used to insure the program is administered in a
manner consistent with legislative and administrative requirements. If
not collected, the Agency would be unable to determine if the loan is
adequately and legally secured.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average .23 per response.
Respondents: Individuals or households, Farms, Business, Non-Profit
Institutions.
Estimated Number of Respondents: 70,000.
Estimated Number of Responses per Respondent: 5.81.
Estimated Total Annual Burden on Respondents: 96,780.
Copies of this information collection can be obtained from the
Barbara Williams, Regulations and Paperwork Management Branch, Support
Services Division, at (202) 720-9734.
[[Page 34440]]
Comments
Comments are invited on: (a) 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; (b) the accuracy of Agencies' estimate of the burden of the
proposed collection of information including the validity of the
methodology and assumptions used; (c) ways to enhance the quality,
utility and clarity of the information to be collected; and (d) ways to
minimize the burden of the collection of information on those who are
to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology. Comments may be sent to Barbara
Williams, Regulations and Paperwork Management Branch, Support Services
Division, U. S. Department of Agriculture, Stop 0743, 1400 Independence
Avenue, SW., Washington, DC 20250-0743. All responses to this notice
will be summarized and included in the request for OMB approval. All
comments will also become a matter of public record.
Dated: June 16, 1997.
Jan E. Shadburn,
Acting Administrator, Rural Housing Service.
Dated: June 11, 1997.
Bruce R. Weber,
Acting Administrator, Farm Service Agency.
[FR Doc. 97-16745 Filed 6-25-97; 8:45 am]
BILLING CODE 3410-XV-P