[Federal Register Volume 64, Number 163 (Tuesday, August 24, 1999)]
[Notices]
[Page 46211]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-21879]
[[Page 46211]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket Nos. FR-4445-N-20, FR-4447-N-03]
Notice of Proposed Information Collection: Comment Request;
Application for Approval--FHA Lender and/or Ginnie Mae Mortgage-Backed
Securities Issuer Branch Office Notification--Title I/Title II
AGENCY: Office of the Assistant Secretary for Housing, HUD; Government
National Mortgage Association, 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 Date: October 25, 1999.
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: Wayne Eddins, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street,
SW, L'Enfant Building, Room 8202, Washington, DC 20410.
FOR FURTHER INFORMATION CONTACT: For copies of the proposed forms and
other available information: FHA contact Ron Schwartz, Lender Approval
and Recertification Division, telephone number (202) 708-3976 (this is
not a toll-free number); Ginnie Mae contact Sonya Suarez, Office of
Policy, Planning and Risk Management, telephone number (202) 708-2772
(this is not a toll-free number).
SUPPLEMENTARY INFORMATION: The Department is submitting 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
affected agencies concerning the proposed collection of information to:
(1) Evaluate whether the proposed collection 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; (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 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: Form HUD-11701/92001, Application for Approval-
FHA Lender and/or Ginnie Mae Mortgage-Backed Securities Issuer; Form
HUD-92001-B, Branch Office Notification-Title I/Title II.
OMB Control Number, if applicable: 2502-0005; 2503-0012.
Description of the need for the information and proposed use: This
notice requests OMB information collection authorization to update
forms and to replace expired forms. HUD's collection of information on
Form HUD-11701/92001 is needed to determine if the lender should be
approved to participate in the federally insured housing programs or in
the Ginnie Mae mortgage-backed securities program. The current
application forms for mortgagee approval have expiration dates that
must be renewed so that this procedure can continue.
The application forms have been consolidated into two forms, Form
HUD-11701/92001 and Form HUD-92001-B. Form HUD-92001-B is used for
requests for branch office approval when it is not possible to
accomplish this through electronic means. Form HUD-11701/92001 is used
for all other requests for approval.
The burden associated with this approval process is the minimum
required to achieve program objectives. The information collection
frequency is the minimum consistent with program objectives. The
frequency cannot change because it applies when a lender requests
initial approval.
Agency Form Numbers, if applicable: Form HUD-11701/92001; Form HUD-
92001-B.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response: Form HUD-11701/92001: The estimated
number of respondents is 1830 (FHA 1780; Ginnie Mae 50), the total
annual responses is about 1830 (FHA 1780; Ginnie Mae 50), and the total
annual hours of response are estimated at 2288 (FHA-2225; Ginnie Mae
63).
Form HUD-92001-B: The estimated number of respondents is 2300, the
total annual responses is about 2300, and the total annual hours of
response are estimated at 575.
Status of the proposed information collection: Reinstatement.
Form HUD-11701/92001 consolidates and replaces Form HUD-11701/
92001, Form HUD-92001-C, Form HUD-92001-D, Form 92001-E, Form 92001-L,
Form HUD-92001-LD, Form HUD-92001-LE.
Form HUD-92001-B replaces Form HUD-92001-B and Form HUD-92001-LB.
Information for certain lenders, which was formerly collected on Form
HUD-92001-B, is now collected electronically.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.,
Chapter 35, as amended.
Dated: August 18, 1999.
William C. Apgar,
Assistant Secretary for Housing-Federal Housing Commissioner.
George S. Anderson,
Executive Vice President, Government National Mortgage Association.
[FR Doc. 99-21879 Filed 8-23-99; 8:45 am]
BILLING CODE 4210-27-M