Notice2024-01003
30-Day Notice of Proposed Information Collection: Compliance Inspection Report and Mortgagee's Assurance of Completion; Forms HUD-92051 and HUD-92300; OMB Control No.: 2502-0189
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 19, 2024
Issuing agencies
Housing and Urban Development Department
Abstract
The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. This notice follows a proposed notice published on September 5, 2023, requesting comments on the renewal of this information collection. 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 30 days of public comment.
Full Text
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<title>Federal Register, Volume 89 Issue 13 (Friday, January 19, 2024)</title>
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[Federal Register Volume 89, Number 13 (Friday, January 19, 2024)]
[Notices]
[Pages 3683-3684]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-01003]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7080-N-03]
30-Day Notice of Proposed Information Collection: Compliance
Inspection Report and Mortgagee's Assurance of Completion; Forms HUD-
92051 and HUD-92300; OMB Control No.: 2502-0189
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: The Department of Housing and Urban Development (HUD) is
seeking approval from the Office of Management and Budget (OMB) for the
information collection described below. This notice follows a proposed
notice published on September 5, 2023, requesting comments on the
renewal of this information collection. 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 30 days of public comment.
DATES: Comments Due Date: February 20, 2024.
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#89d9e8f9ecfbfee6fbe2dbecedfceafde0e6e7c8eafdc6efefe0eaecc9e1fceda7eee6ff"><span class="__cf_email__" data-cfemail="7b2b1a0b1e090c140910291e1f0e180f1214153a180f341d1d12181e3b130e1f551c140d">[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#387b57545d4c4c5d1668575454594a5c78504d5c165f574e"><span class="__cf_email__" data-cfemail="21624e4d445555440f714e4d4d405345614954450f464e57">[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 and communication
disabilities. To learn more about how to make an accessible telephone
call, pleasevisit: <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
September 5, 2023 at 88 FR 60704.
A. Overview of Information Collection
Title of Information Collection: Compliance Inspection Report and
Mortgagee's Assurance of Completion.
OMB Approval Number: 2502-0189.
OMB Expiration Date: 01/31/2024.
Type of Request: Extension of currently approved collection.
Form Numbers: HUD-92051, HUD-92300.
[[Page 3684]]
Description of the need for the information and proposed use:
Accurate and thorough property information is critical to the accuracy
of underwriting for the mortgage insurance process. This information
collection is needed to ensure newly built homes financed with FHA-
insured mortgages are constructed in accordance with acceptable
building standards and that any deficiencies found in newly constructed
and existing dwellings are corrected.
Respondents: Mortgagees.
Estimated Number of Respondents: 2814.
Estimated Number of Responses: 16,237.
Frequency of Response: Varies.
Average Hours per Response: 0.10 to 0.25 hours.
Total Estimated Burden: 3,158.
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 and more specifically regarding:
(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 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.
The public comment period for the notice published on September 5,
2023, closed on November 6, 2023.
D. Summary of Utilizing Forms HUD-92051, Fannie Mae 1004D, or a Letter
of Attestation.
Comments and HUD Responses:
Comment: Mortgage Bankers Association (MBA) recommends that HUD
give lenders the flexibility to utilize either Form 92051 or Fannie
Mae's Form 1004D, or, in certain circumstances a letter of attestation
when certifying the completion of construction in the case of new
construction properties.
HUD Response: HUD appreciates this feedback. HUD also notes that
there are multiple options to demonstrate compliance with the required
inspections for new construction financing. The form HUD-92051,
Compliance Inspection Report is only applicable when the inspection is
performed by an ICC certified RCI or CI or a third-party, who is a
registered architect, a structural engineer, or a qualified trades
person or contractor, and appropriate state-sanctioned inspection form
is an alternative to the HUD-92051.
Comment: MBA recommends that HUD allow lenders to also utilize
attestation letters which would not only bring FHA more in line with
the government-sponsored enterprises but would also enhance the
experience of FHA borrowers.
HUD Response: HUD appreciates this comment and will consider for
future policy enhancements.
Comment: MBA recommends that HUD discontinue its Mortgagee's
Assurance of Completion Form 92300 due to its redundant nature in
certifying necessary repairs or alterations for new construction
properties.
HUD Response: HUD appreciates this comment and will consider for
future policy enhancements.
Colette Pollard,
Department Reports Management Officer, Office of Policy Development and
Research, Chief Data Officer.
[FR Doc. 2024-01003 Filed 1-18-24; 8:45 am]
BILLING CODE 4210-67-P
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