[Federal Register: March 2, 2006 (Volume 71, Number 41)]
[Notices]
[Page 10635-10636]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02mr06-16]
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DEPARTMENT OF AGRICULTURE
Farm Service Agency
Request for Revision and Extension of a Currently Approved
Information Collection; Servicing of Real Estate Security for Farmer
Program Loans and Certain Note-Only Cases
AGENCY: Farm Service Agency, USDA.
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the intent of the Farm Service Agency (FSA) to request
renewal of the information collection currently approved and used in
support of the FSA Farm Loan Programs (FLP).
DATES: Comments on this notice must be received on or before May 1,
2006 to be assured consideration.
FOR FURTHER INFORMATION CONTACT: Michael Cumpton, USDA, Farm Service
Agency, Loan Servicing and Property Management Division, 1400
Independence Avenue, SW., STOP 0523, Washington, DC 20250-0523;
Telephone (202) 690-4014; Electronic mail: mike.cumpton@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: (7 CFR 1965-A) Servicing of Real Estate Security for Farmer
Program Loans and Certain Note-Only Cases.
OMB Control Number: 0560-0158.
Expiration Date: September 30, 2006.
Type of Request: Extension of a Currently Approved Information
Collection.
Abstract: Section 331 of the CONACT (7 U.S.C. 1981), in part,
authorizes the Secretary of Agriculture to modify, subordinate and
release terms of security instruments, leases, contracts, and
agreements entered into by FSA. That section also authorizes transfers
of security property as the Secretary deems necessary to carry out the
purpose of the loan or protect the Government's financial interest.
Section 335 of the CONACT (7 U.S.C. 1985), provides servicing authority
for real estate security; operation or lease of realty; disposition of
property; conveyance of real property interest of the United States;
easements; and condemnations. The information collection required by
the Act relates to a program benefit recipient or loan borrower
requesting action on security they own, which was purchased with FSA
loan funds, improved with FSA loan funds or has otherwise been
mortgaged to FSA to secure a government loan. The information to be
collected will primarily be financial data not already on file, such as
borrower asset values.
Estimate of Annual Burden: Public reporting burden for this
collection of information is estimated to average .40 hours per
response.
Respondents: Individuals or households, businesses or other for
profit and farms.
Estimated Number of Respondents: 31,366.
Estimated Number of Responses per Respondent: 1.0.
Estimated Total Annual Burden on Respondents: 12,697 hours.
Comments are invited on: (a) Whether the 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 the agency's estimate of burden including the validity of
the methodology and assumptions used; (c) ways to enhance the quality,
utility and clarity of the information to be collected; (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. These comments should be sent to
the Desk Officer for Agriculture, Office of Information and Regulatory
Affairs, Office of Management and Budget, Washington, DC 20503 and to
Michael Cumpton, Senior Loan Officer, USDA, FSA, Farm Loan Programs,
Loan Servicing Division, 1400 Independence Avenue, SW., STOP 0523,
Washington, DC 20250-0523.
Comments will be summarized and included in the request for Office
of Management and Budget approval of the information collection. All
comments will also become a matter of public record.
[[Page 10636]]
Signed in Washington, DC, on February 22, 2006.
Teresa C. Lasseter,
Administrator, Farm Service Agency.
[FR Doc. E6-2928 Filed 3-1-06; 8:45 am]
BILLING CODE 3410-05-P