Citation: "79 FR 46869"
Document Number: "Docket No. FR-5752-N-64"
SUMMARY: HUD has submitted the proposed information collection requirement described below to the
DATES: Comments Due Date:
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: HUD Desk Officer,
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD has submitted to OMB a request for approval of the information collection described in Section A.
The Federal Register notice that solicited public comment on the information collection for a period of 60 days was published on
A. Overview of Information Collection
Title of Information Collection: Performing Loan Servicing for the Home Equity Conversion Mortgage (HECM).
OMB Approval Number: 2502--New.
Type of Request: New collection.
HUD 27011--SF Application for Insurance Benefits.
HUD 50002--Request to Exceed Cost and Protection Limits for Preservation.
HUD 50012--Mortgagee's Request for Extension of Time.
HUD 9539--Request for Occupied Conveyance.
Description of the need for the information and proposed use: This information collection request for OMB review seeks to combine the requirements of several existing OMB collections under this comprehensive collection for mortgagees that service Home Equity Conversion Mortgages (HECM) and the mortgagors who are involved with the following activities.
Respondents (i.e. affected public): Not for profit institutions.
Estimated Number of Respondents: 10.
Estimated Number of Response: 33,324,110.
Frequency of Response: On occasion.
Average Hours per Response: 10 minutes to 15 minutes.
Total Estimated Burdens: 3,060,683.
B. Solicitation of Public Comment
This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:
(1) 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) The accuracy of the agency's estimate of the burden of the proposed collection of information;
(3) Ways to enhance the quality, utility, and clarity of the information to be collected; and
(4) Ways to 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.
HUD encourages interested parties to submit comment in response to these questions.
n 3507 of the Paperwork Reduction Act of 1995, 44
Department Reports Management Officer,
[FR Doc. 2014-18941 Filed 8-8-14;
BILLING CODE 4210-67-P
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