[Federal Register: July 23, 2002 (Volume 67, Number 141)]
[Notices]
[Page 48206]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23jy02-777]
[[Page 48206]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4739-N-32]
Notice of Proposed Information Collection: Comment Requested;
Mortagee's Request for Extension of Time
AGENCY: Office of the Assistant Secretary for Housing-Federal Housing
Commissioner, 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: September 23, 2002.
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 or Housing and Urban Development, 451 7th Street,
SW, L'Enfant Plaza Building, Room 800a, Washington, DC 20410. E-mail
Wayne--Eddins@HUD.gov.
FOR FURTHER INFORMATION CONTACT: Charlene Weaver, Mortgage Servicing
Specialist, HUFA, Department of Housing and Urban Development, 451
Seventh Street, Southwest, Washington, DC 20410; e-mail Charlene r.
weaver@hud.gov, telephone (202) 708-1672 (this is not a toll-free
number) for copies of the proposed forms and other available
information.
SUPPLEMENTARY INFORMATION: The Department will submit 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).
This Notice is soliciting comments from members of the public and
affecting agencies concerning the proposed collection of information
to: (1) Evaluate 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)
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 through 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: Mortgagee's Request for Extension.
OMB Control Number, if applicable: 2502-0436.
Description of the need for the information and proposed use: In
the event of default and foreclosure of an insured mortgage, the
mortgagee is entitled to receive insurance benefits plus interest on
such benefits from the date of default to the date of payment of the
insurance benefits. HUD regulations require that the mortgagee take
certain actions within specific time limitations. Failure to meet such
limitations may result in curtailment of interest payments. Information
collected here allows the Department to evaluate requests for extension
of the regulatory time limits within which specific foreclosure
processing steps must be taken, as respond to these requests.
Agency form numbers, if applicable: HUD-50012.
Estimation of the total number of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response: An estimation of the total numbers of
hours needed to prepare the information collection is, 3,000, number of
respondents is 2000, frequency of response is on occasion, and the
hours per response is .15.
Status of the proposed information collection: Reinstatement with
change, of previously approved collection for which approval has
expired.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. chapter 35, as amended.
Dated: July 16, 2002.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing
Commissioner.
[FR Doc. 02-18599 Filed 7-22-02; 8:45 am]
BILLING CODE 4210-27-M