[Federal Register: January 14, 1999 (Volume 64, Number 9)]
[Notices]               
[Page 2495]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14ja99-69]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4445-N-02]

 
Notice of Proposed Information Collection: Comment Request

AGENCY: Office of the Assistant Secretary for Housing, 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: March 15, 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, Room 9116, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Janet A. Tasker, Director, Office of 
GSE Oversight, telephone number (202) 708-2224, this is not a toll-free 
number) for copies of the proposed forms and other available documents.

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).
    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: Regulation of the Federal National Mortgage 
Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation 
(Freddie Mac)
    OMB Control Number, if applicable: 2502-0514
    Description of the need for the information and proposed use:
    This notice requests an extension of OMB information collection 
authorization that will expire on January 31, 1999. HUD's collection of 
information on Fannie Mae's and Freddie Mac's (collectively referred to 
as the ``GSEs'') business activities is needed to measure and monitor 
their compliance with statutorily mandated housing goals; to foster a 
continuing dialogue between HUD, the GSEs, Congress, and the public on 
the activities of the GSEs with respect to affordable housing and 
underserved mortgage market issues; and to improve the operating of the 
housing finance market.
    Agency Form Numbers, if applicable: None.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The estimated number of respondents is 
2, the total annual responses are about 87, and the total annual hours 
of responses are estimated at 5609.
    Status of the proposed information collection: Extension of a 
currently approved collection.

    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: January 6, 1999.
William C. Apgar,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 99-864 Filed 1-13-99; 8:45 am]
BILLING CODE 4210-27-M