Notice2023-15938
30-Day Notice of Proposed Information Collection: Informed Consumer Choice Disclosure and Application for FHA Insured Mortgages OMB Control No.: 2502-0059
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
July 27, 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 an additional 30 days of public comment.
Full Text
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<title>Federal Register, Volume 88 Issue 143 (Thursday, July 27, 2023)</title>
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[Federal Register Volume 88, Number 143 (Thursday, July 27, 2023)]
[Notices]
[Pages 48490-48491]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-15938]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7070-N-43]
30-Day Notice of Proposed Information Collection: Informed
Consumer Choice Disclosure and Application for FHA Insured Mortgages
OMB Control No.: 2502-0059
AGENCY: Office of Policy Development and Research, Chief Data Officer,
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 an additional 30 days of
public comment.
DATES: Comments Due Date: August 28, 2023.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection should be sent within 30 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 30-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: Colette Pollard, 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#3c6c5d4c594e4b534e576e5958495f485553527d5f48735a5a555f597c544958125b534a"><span class="__cf_email__" data-cfemail="6737061702151008150c3502031204130e08092604132801010e0402270f120349000811">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, REE, Department of Housing and Urban Development, 7th Street
SW, Room 8210, Washington, DC 20410; email at <a href="/cdn-cgi/l/email-protection#2e6d41424b5a5a4b007e4142424f5c4a6e465b4a00494158"><span class="__cf_email__" data-cfemail="45062a29203131206b152a2929243721052d30216b222a33">[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.
The Federal Register notice that solicited public comment on the
information collection for a period of 60 days was published on May 27,
2022 at 87 FR 32182.
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: 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).
[[Page 48491]]
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. (5) ways to minimize the burden of the collection of
information on those who are to respond, including the use of automated
collection techniques or other forms of information technology.
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.
Colette Pollard,
Department Reports Management Officer Office of Policy Development and
Research, Chief Data Officer.
[FR Doc. 2023-15938 Filed 7-26-23; 8:45 am]
BILLING CODE 4210-67-P
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