[Federal Register: March 23, 2001 (Volume 66, Number 57)]
[Notices]               
[Page 16279-16280]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23mr01-125]                         

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4660-N-01]

 
Notice of Proposed Information Collection: Comment Request; 
Mortgagee Review Board

AGENCY: Enforcement Center, 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: May 22, 2001.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number (2502-0450) should be sent to: Jack Kinkaid, Secretary 
to the Mortgage Review Board (MRB), Department of Housing and Urban 
Development, 451 7th Street, SW., Portals Building, Suite 200, 
Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Jack Kinkaid, Secretary to the MRB, 
VD, Department of Housing and Urban Development, 451 Seventh Street, 
SW., Washington, DC 20410; e-mail Jack_D._Kinkaid@HUD.gov; telephone 
(202) 708-3041 (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

[[Page 16280]]

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 response.
    This Notice also lists the following information:
    Title of Proposal: Mortgagee Review Board.
    OMB Control Number, if applicable: 2502-0450.
    Description of the need for the information and proposed use: Sec. 
202(c) of the HUD Reform Act of 1989 established a Mortgagee Review 
Board to impose administrative sanctions and civil money penalties 
against HUD approved mortgagees that violate the Department's 
requirements. The Mortgagee Review Board issues a Notice of Violation 
to mortgagees that have violated Departmental regulations. The Notice 
of Violation states the specific violations that have been alleged and 
gives mortgagees 30 days to provide a written response. The mortgagee 
may include a settlement proposal in their response. The Mortgagee 
Review Board then makes a determination on the case, taking into 
consideration any response received from the mortgagee. Mortgagees may 
appeal administrative sanctions or civil money penalties imposed by the 
Mortgagee Review Board.
    Agency form numbers, if applicable: None.
    Members of affected public: Business or other for-profit.
    Estimation of the total burden: Number of hours needed to prepare 
the information collection is 2,440; number of respondents is 61, 
annual frequency of response is 1, and the hours per response is 40.
    Status of the proposed information collection: Extension without 
change of a currently approved collection.

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: March 7, 2001.
John J. Coonts,
Associate Director, Enforcement Center.
[FR Doc. 01-7177 Filed 3-22-01; 8:45 am]
BILLING CODE 4210-01-M