Notice2022-11416
60-Day Notice of Proposed Information Collection: Informed Consumer Choice Disclosure and Application for FHA Insured Mortgages
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 27, 2022
Issuing agencies
Housing and Urban Development Department
Abstract
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.
Full Text
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<title>Federal Register, Volume 87 Issue 103 (Friday, May 27, 2022)</title>
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[Federal Register Volume 87, Number 103 (Friday, May 27, 2022)]
[Notices]
[Pages 32182-32183]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11416]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7056-N-24; OMB Control No.: 2502-0059]
60-Day Notice of Proposed Information Collection: Informed
Consumer Choice Disclosure and Application for FHA Insured Mortgages
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: HUD is seeking approval from the Office of Management and
Budget (OMB) for the information collection described below. In
accordance with the Paperwork Reduction Act, HUD is requesting comment
from all interested parties on the proposed collection of information.
The purpose of this notice is to allow for 60 days of public comment.
[[Page 32183]]
DATES: Comments Due Date: July 26, 2022.
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: Colette Pollard, Reports
Management Officer, REE, Department of Housing and Urban Development,
451 7th Street SW, Room 4176, Washington, DC 20410-5000; telephone 202-
402-3400 (this is not a toll-free number) or email at
<a href="/cdn-cgi/l/email-protection#7635191a130202135826191a1a170412361e031258111900"><span class="__cf_email__" data-cfemail="ca89a5a6afbebeafe49aa5a6a6abb8ae8aa2bfaee4ada5bc">[email protected]</span></a> for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, REE, Department of Housing and Urban Development, 451 7th
Street SW, Room 4176, Washington, DC 20410-5000; telephone 202-402-3400
(this is not a toll-free number) or email at <a href="/cdn-cgi/l/email-protection#d192bebdb4a5a5b4ff81bebdbdb0a3b591b9a4b5ffb6bea7"><span class="__cf_email__" data-cfemail="7e3d11121b0a0a1b502e1112121f0c1a3e160b1a50191108">[email protected]</span></a>
for a copy of the proposed forms or other available information.
Persons with hearing or speech impairments may access this number
through TTY by calling the toll-free Federal Relay Service at (800)
877-8339.
Copies of available documents submitted to OMB may be obtained from
Ms. Pollard.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is
seeking approval from OMB for the information collection described in
Section A.
A. Overview of Information Collection
Title of Information Collection: Application for FHA Insured
Mortgages.
OMB Approval Number: 2502-0059.
Type of Request: Revision of currently approved collection.
Form Number: HUD-92900-A, HUD-92900-B, HUD-92900-LT, HUD-92561,
Model Notice for Informed Consumer Choice Disclosure, Model Pre-
Insurance Review/Checklist, Settlement Certification (previously known
as Addendum to HUD-1) and HUD-92544.
Description of the need for the information and proposed use:
Specific forms and related documents are needed to determine the
eligibility of the borrower and proposed mortgage transaction for FHA's
mortgage insurance endorsement. Additional documentation requirements
for refinances with partial claims. Lenders seeking FHA's insurance
prepare certain forms to collect data.
Respondents (i.e., affected public): Individuals (loan applicants)
and Business or other for-profit (lenders).
Estimated Number of Respondents: 1,912.
Estimated Number of Responses: 6,212.229.
Frequency of Response: One for each FHA-insured mortgage.
Average Hours per Response: 1.35 hour (0.74) (varies per form and
type of loan).
Total Estimated Burdens: 737,367.
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.
C. Authority
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35.
Janet M. Golrick,
Acting, Chief of Staff for the Office of Housing--Federal Housing
Administration.
[FR Doc. 2022-11416 Filed 5-26-22; 8:45 am]
BILLING CODE 4210-67-P
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