Notice2023-24600
30-Day Notice of Proposed Reinstatement of Expired Information Collection; Home Equity Conversion Mortgage (HECM) Counseling Standardization, Application for Certificate of HECM Counseling and HECM Counselor Roster; OMB Control No.: 2502-0586
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
November 7, 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 214 (Tuesday, November 7, 2023)</title>
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[Federal Register Volume 88, Number 214 (Tuesday, November 7, 2023)]
[Notices]
[Pages 76844-76845]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-24600]
[[Page 76844]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7070-N-83]
30-Day Notice of Proposed Reinstatement of Expired Information
Collection; Home Equity Conversion Mortgage (HECM) Counseling
Standardization, Application for Certificate of HECM Counseling and
HECM Counselor Roster; OMB Control No.: 2502-0586
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: December 7, 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; email <a href="/cdn-cgi/l/email-protection#efbf8e9f8a9d98809d84bd8a8b9a8c9b868081ae8c9ba08989868c8aaf879a8bc1888099"><span class="__cf_email__" data-cfemail="d888b9a8bdaaafb7aab38abdbcadbbacb1b7b699bbac97bebeb1bbbd98b0adbcf6bfb7ae">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, REE, Department of Housing and Urban Development, 451 7th
Street SW, Washington, DC 20410; email <a href="/cdn-cgi/l/email-protection#abe8c4c7cedfdfce85fbc4c7c7cad9cfebc3decf85ccc4dd"><span class="__cf_email__" data-cfemail="d794b8bbb2a3a3b2f987b8bbbbb6a5b397bfa2b3f9b0b8a1">[email protected]</span></a>;
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 August
29, 2023 at 88 FR 59536.
A. Overview of Information Collection
Title of Information Collection: Home Equity Conversion Mortgage
(HECM) Counseling Standardization, Application for HECM Counselor
Roster, and Certificate of HECM Counseling.
OMB Approval Number: 2502-0586.
OMB Expiration Date: August 31, 2018.
Type of Request: Reinstatement, with change, of previously approved
collection for which approval has expired.
Form Numbers: HUD-92902 and HUD-92904.
Description of the need for the information and proposed use:
Reinstatement of previously approved collection to provide and maintain
a current HUD approved HECM counselor roster. Counseling is required
for all borrowers seeking to obtain an HUD insured HECM. The HECM
Counselor examination and the HECM Roster application, HUD Form 92904,
assist HUD in evaluating the knowledge and capacity of individuals
interested in providing HECM counseling to potential HECM borrowers,
thereby satisfying statutory requirements and reducing the risk to the
insurance fund. The addition of the Certificate of HECM Counseling, HUD
Form 92902, which is currently part of OMB Collection 2502-0524, to
this collection is appropriate because the Office of Housing Counseling
regulates all items pertinent to the roles of HUD-approved housing
counselors, which includes HECM Roster Counselors. OMB Collection 2502-
0524 was recently approved by OMB and has an expiration date of 4/30/
2024. Revisions to HUD Form 92902 were necessary as per recommendations
made by HUD OGC to ensure compliance with the Paperwork Reduction Act
burden statement as required in 5 CFR 1320.8(b)(3) and the Privacy Act
Notice requirements in 5 U.S.C. 552a (e)(3).
Respondents: Individuals or households; Not-for-profit
institutions; State, Local or Tribal Government.
Estimated Number of Respondents: 28,459.
Estimated Number of Responses: 28,459.
Frequency of Response:
HECM Counseling Standardization--14,000
HUD-92902, Certification of HECM Counseling--14,000
HUD-92904, Application for HECM Roster Counselor--305
Reporting continuing education for HECM Roster counselor biennial
recertification--152
Termination of an HECM Roster Counselor--Once
Average Hours per Response: 1 hour.
Total Estimated Burden: 45,943 hours.
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Hourly cost
Average Annual per Total annual
Information collection 2502-0586/ Form name/form No., Number of Frequency Responses burden burden response respondent
type of respondent collection tool respondents of response per year hours per hours (hourly cost
response wage rate)
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Non-profit (National and Regional Counseling 13,125 1 13,125 1.25 16,406.25 53.74 881,671.88
Intermediaries, Multi-State Standardization.
Organizations, Local HUD-approved
HCAs).
State, Local, or Tribal Government Counseling 875 1 875 1.25 1,093.75 53.74 58,778.13
HCAs. Standardization.
Non-profit (Intermediaries, Multi- ``Certificate of HECM 13,125 1 13,125 2 26,250 53.74 1,410,675.00
State Organizations, Local HCAs). Counseling''/HUD-
92902.
State, Local, or Tribal Govt....... ``Certificate of HECM 875 1 875 2 1,750 53.74 94,045.00
Counseling''/HUD-
92902.
[[Page 76845]]
Non-profit (Intermediaries, Multi- ``Application for 244 1 244 1.30 317.20 53.74 17,046.33
State Organizations, Local HCAs). HECM Counselor
Roster'' HUD-92904
and establishing
counseling ID in FHA
Connection system.
State, Local, or Tribal Govt....... ``Application for 61 1 61 1.30 79.30 53.74 4,261.58
HECM Counselor
Roster'' HUD-92904
and establishing
counselor ID in FHA
Connection system.
Non-profit (Intermediaries, Multi- Reporting HECM Roster 122 1 122 .30. 36.60 53.74 1,966.88
State Organizations, Local HCAs). Counselor Continuing
Education course for
Biennial
Recertification.
State, Local, or Tribal Govt....... Reporting HECM Roster 30 1 30 .30 9 53.74 483.66
Counselor Continuing
Education course for
Biennial
Recertification.
Non-profit (Intermediaries, Multi- Written request for 1 1 1 .25 .25 53.74 13.44
State Organizations, Local HCAs). Terminating a HECM
Roster Counselor a
HECM Roster
Counselor.
State, Local, or Tribal Govt....... Written request for 1 1 1 .25 .25 53.74 13.44
Terminating a HECM
Roster Counselor.
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Totals......................... ..................... 28,459 ........... 28,459 ........... 45,943 ........... 2,468,955.34
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* Note: The total annual burden hours has been rounded up to 45,943 hours to be consistent with OMB's system ROCIS.*
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. 2023-24600 Filed 11-6-23; 8:45 am]
BILLING CODE 4210-67-P
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