Notice2023-13046
60-Day Notice of Proposed Information Collection: Ginnie Mae Multiclass Securities Program Documents; OMB Control No.: 2503-0030
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
June 20, 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 117 (Tuesday, June 20, 2023)</title>
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[Federal Register Volume 88, Number 117 (Tuesday, June 20, 2023)]
[Notices]
[Pages 39862-39863]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-13046]
[[Page 39862]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7069-N-03]
60-Day Notice of Proposed Information Collection: Ginnie Mae
Multiclass Securities Program Documents; OMB Control No.: 2503-0030
AGENCY: Office of the President of Government National Mortgage
Association (Ginnie Mae), 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: August 21, 2023.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection can be sent within 60 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 60-day Review--
Open for Public Comments'' or by using the search function. Interested
persons are also invited to submit comments regarding this proposal and
comments should refer to the proposal by name and/or OMB Control Number
and should be sent to: Anna P. Guido, Clearance Officer, REE,
Department of Housing and Urban Development, 451 7th Street SW, Room
8210, Washington, DC 20410-5000; email
<a href="/cdn-cgi/l/email-protection#92c2f3e2f7e0e5fde0f9c0f7f6e7f1e6fbfdfcd3f1e6ddf4f4fbf1f7d2fae7f6bcf5fde4"><span class="__cf_email__" data-cfemail="530332233621243c21380136372630273a3c3d1230271c35353a3036133b26377d343c25">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management
Officer, REE, Department of Housing and Urban Development, 451 7th
Street SW, Washington, DC 20410; email at <a href="/cdn-cgi/l/email-protection#03426d6d622d44766a676c436b76672d646c75"><span class="__cf_email__" data-cfemail="ca8ba4a4abe48dbfa3aea58aa2bfaee4ada5bc">[email protected]</span></a>, telephone
202-402-5535. 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. Guido].
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: Ginnie Mae Multiclass Securities
Program.
OMB Approval Number: 2503-0030.
Type of Request Update to a currently approved collection.
Description of the need for the information and proposed use:
Respondents:
Information Collection/Form Number: 2503-0030.
Estimated Number of Respondents: 95.
Frequency of Response: 25.
Responses per Annum: 250.
Average Burden Hours per Response: 8,556.
Total Estimated Burdens: 39,525.75.
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A B C D E F
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Number of Frequency of Responses per Burden hour Annual burden Hourly cost
Information collection respondents response annum per response hrs per response Annual cost
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Pricing Letter....................... 25 10 250 0.5 125 $45.56 $5,695.00
Structured Term Sheet................ 25 10 250 3 750 45.56 34,170.00
Trust (REMIC) Agreement.............. 25 10 250 1 250 45.56 11,390.00
Trust Opinion........................ 25 10 250 4 1,000 45.56 45,560.00
MX Trust Agreement................... 25 10 250 0.16 40 45.56 1,822.40
MX Trust Opinion..................... 25 10 250 4 1,000 45.56 45,560.00
RR Certificate....................... 25 10 250 0.08 20 45.56 911.20
Sponsor Agreement.................... 25 10 250 0.05 12.5 45.56 569.50
Table of Contents.................... 25 10 250 0.33 82.5 45.56 3,758.70
Issuance Statement................... 25 10 250 0.05 12.5 45.56 569.50
Tax Opinion.......................... 25 10 250 4 1,000 45.56 45,560.00
Transfer Affidavit................... 25 10 250 0.08 20 45.56 911.20
Supplemental Statement............... 25 0.25 6.25 1 6.25 45.56 284.75
Final Data Statements (attached to 25 10 250 32 8,000 45.56 364,480.00
closing letter).....................
Accountants' Closing Letter.......... 25 10 250 8 2,000 45.56 91,120.00
Accountants' OSC Letter.............. 25 10 250 8 2,000 45.56 91,120.00
Structuring Data..................... 25 10 250 8 2,000 45.56 91,120.00
Financial Statements................. 25 10 250 1 250 45.56 11,390.00
Principal and Interest Factor File 25 10 250 16 4,000 45.56 182,240.00
Specifications......................
Distribution Dates and Statement..... 25 10 250 0.42 105 45.56 4,783.80
Term Sheet........................... 25 10 250 2 500 45.56 22,780.00
New Issue File Layout................ 25 10 250 4 1,000 45.56 45,560.00
Flow of Funds........................ 25 10 250 0.16 40 45.56 1,822.40
Trustee Receipt...................... 25 10 250 2 500 45.56 22,780.00
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Subtotal......................... .............. .............. 5,756.25 .............. 24,713.75 .............. 1,146,916.05
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Platinum Securities
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Deposit Agreement.................... 70 10 700 1 700 45.56 31,892.00
MBS Schedule......................... 70 10 700 0.16 112 45.56 5,102.72
New Issue File Layout................ 70 10 700 4 2,800 45.56 127,568.00
Principal and Interest Factor File 70 10 700 16 11,200 45.56 510,272.00
Specifications......................
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Subtotal......................... .............. .............. 2,800 .............. 14,812.00 .............. 674,834.72
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Total Annual Responses............... .............. .............. 8,556.25 .............. .............. .............. .................
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[[Page 39863]]
Total Burden Hours............... .............. .............. .............. .............. 39,525.75 .............. .................
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Total Cost....................... .............. .............. .............. .............. .............. .............. 1,821,750.77
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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 comments in response to
these questions.
C. Authority
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C.
chapter 35.
Sam I. Valverde,
Principal Executive Vice President, Ginnie Mae.
[FR Doc. 2023-13046 Filed 6-16-23; 8:45 am]
BILLING CODE P
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