Notice2023-19039
60-Day Notice of Proposed Information Collection: HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value; OMB Control No.: 2502-0494
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
September 5, 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 comments 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 170 (Tuesday, September 5, 2023)</title>
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[Federal Register Volume 88, Number 170 (Tuesday, September 5, 2023)]
[Notices]
[Pages 60705-60706]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-19039]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7071-N-17]
60-Day Notice of Proposed Information Collection: HUD Conditional
Commitment/Direct Endorsement Statement of Appraised Value; OMB Control
No.: 2502-0494
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 comments
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: November 6, 2023.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection can be submitted 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 by name and/or OMB Control Number and can be sent to: Colette
Pollard, Reports Management Officer, REE, Department of Housing and
Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410-
5000 or email at <a href="/cdn-cgi/l/email-protection#84d4e5f4e1f6f3ebf6efd6e1e0f1e7f0edebeac5e7f0cbe2e2ede7e1c4ecf1e0aae3ebf2"><span class="__cf_email__" data-cfemail="5d0d3c2d382f2a322f360f3839283e293432331c3e29123b3b343e381d352839733a322b">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 7th
Street SW, Room 4176, Washington, DC 20410-5000; email
<a href="/cdn-cgi/l/email-protection#8ccfe3e0e9f8f8e9a2dce3e0e0edfee8cce4f9e8a2ebe3fa"><span class="__cf_email__" data-cfemail="6c2f030009181809423c0300000d1e082c041908420b031a">[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: HUD Conditional Commitment/Direct
Endorsement Statement of Appraised Value.
OMB Control Number, if applicable: 2502-0494.
Type of Request: Extension of currently approved collection.
Form Number: HUD 92800.5B.
Description of the need for the information and proposed use:
Lenders must provide loan applicants a completed copy of Form HUD-
92800.5B at or before loan closing. Form HUD-92800.5B serves as the
mortgagee's conditional commitment/direct endorsement statement of
appraised value of Federal Housing Administration (FHA) mortgage
insurance on the property. The form provides a section for the
statement of the property's appraised value and other required FHA
disclosures to the borrower, including specific conditions that must be
met before HUD can endorse a mortgage for FHA insurance. HUD uses the
information to determine the eligibility of a property for mortgage
insurance.
Respondents: Mortgagees.
Estimated Number of Respondents: 1,407.
Estimated Number of Responses: 562,800.
Frequency of Response: 400.
Average Hours per Response: 0.12.
Total Estimated Burdens: 67,536.
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;
[[Page 60706]]
(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 (44 U.S.C. 3507).
Jeffrey D. Little,
General Deputy Assistant Secretary for Housing, H.
[FR Doc. 2023-19039 Filed 9-1-23; 8:45 am]
BILLING CODE 4210-67-P
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