Notice2023-00049
60-Day Notice of Proposed Information Collection: Single Family Premium Collections Subsystem-Upfront
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
January 6, 2023
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 88 Issue 4 (Friday, January 6, 2023)</title>
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[Federal Register Volume 88, Number 4 (Friday, January 6, 2023)]
[Notices]
[Pages 1088-1089]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-00049]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7056-N-57; OMB Control No. 2502-0423]
60-Day Notice of Proposed Information Collection: Single Family
Premium Collections Subsystem-Upfront
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.
DATES: Comments Due Date: March 7, 2023.
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#81c2eeede4f5f5e4afd1eeedede0f3e5c1e9f4e5afe6eef7"><span class="__cf_email__" data-cfemail="95d6faf9f0e1e1f0bbc5faf9f9f4e7f1d5fde0f1bbf2fae3">[email protected]</span></a> for a copy of the proposed forms or other
available information. HUD welcomes and is prepared to receive calls
from individuals who are deaf or hard of hearing, as well as
individuals with speech or communication disabilities. To learn more
about how to make an accessible telephone call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 7th
Street SW, Washington, DC 20410; email Colette Pollard at
<a href="/cdn-cgi/l/email-protection#bcffd3d0d9c8c8d992ecd3d0d0ddced8fcd4c9d892dbd3ca"><span class="__cf_email__" data-cfemail="1a5975767f6e6e7f344a7576767b687e5a726f7e347d756c">[email protected]</span></a> or telephone 202-402-3400. This is not a toll-
free number. HUD welcomes and is prepared to receive calls from
individuals who are deaf or hard of hearing, as well as individuals
with speech or communication disabilities. To learn more about how to
make an accessible telephone call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
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: Single Family Premium Collections
Subsystem-Upfront.
OMB Approval Number: 2502-0423.
OMB Expiration Date: 04/30/2023.
Type of Request: Revision.
Description of the need for the information and proposed use:
SFPCS-U strengthens HUD's ability to manage and process upfront single-
family mortgage insurance premium collections and corrections to submit
data. It also improves data integrity for the Single Family Mortgage
Insurance Program. FHA approved lenders use Automated Clearing House
(ACH) applications for all transmissions with SFPCS-U. The collection
of information is used to update HUD's Single Family Insurance System.
The information collection is also used in calculating refunds due to
former FHA mortgagors when they apply for homeowner refunds of the
unearned portion of the mortgage insurance premium, 24 CFR 203.283, as
appropriate. Without this information the premium collection/monitoring
process would be severely impeded, and program data would be
unreliable. In general, lender respondents use the ACH applications to
remit the upfront premium through SFPCS-U to obtain mortgage insurance
for the homeowner.
Respondents: Business or other for profit.
Estimated Number of Respondents: 2,365.
Estimated Number of Responses: 20,788.
Frequency of Response: 8.79.
Average Hours per Response: .15.
Total Estimated Burden: $137,285.54.
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
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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 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.
3507.
Jeffrey D. Little,
General Deputy Assistant Secretary, Office of Housing.
[FR Doc. 2023-00049 Filed 1-5-23; 8:45 am]
BILLING CODE 4210-67-P
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