Notice2024-24867
30-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing of Delinquent, Default, and Foreclosure With Service Members Act; OMB Control No.: 2502-0584
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
October 25, 2024
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 an additional 30 days of public comment.
Full Text
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<title>Federal Register, Volume 89 Issue 207 (Friday, October 25, 2024)</title>
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[Federal Register Volume 89, Number 207 (Friday, October 25, 2024)]
[Notices]
[Pages 85229-85230]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24867]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7080-N-52]
30-Day Notice of Proposed Information Collection: FHA-Insured
Mortgage Loan Servicing of Delinquent, Default, and Foreclosure With
Service Members Act; OMB Control No.: 2502-0584
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 comments
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: November 25, 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
[[Page 85230]]
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, Reports Managment 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#441425342136332b362f1621203127302d2b2a0527300b22222d2721042c31206a232b32"><span class="__cf_email__" data-cfemail="1d4d7c6d786f6a726f764f7879687e697472735c7e69527b7b747e785d756879337a726b">[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 <a href="/cdn-cgi/l/email-protection#df9cb0b3baababbaf18fb0b3b3beadbb9fb7aabbf1b8b0a9"><span class="__cf_email__" data-cfemail="51123e3d342525347f013e3d3d302335113924357f363e27">[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 June
25, 2024 at 89 FR 53117.
A. Overview of Information Collection
Title of Information Collection: FHA-Insured Mortgage Loan
Servicing of Delinquent, Default, and Foreclosure with Service Members
Act.
OMB Approval Number: 2502-0584.
Type of Request: Revision of currently approved collection.
Form Numbers: HUD 92070, HUD-2008-5-FHA, HUD 92068-A, HUD-50012,
HUD-90041.
Description of the need for the information and proposed use: This
request for information collection encompasses requirements for both
FHA-approved Mortgagees who service FHA-insured mortgages and FHA-
insured Mortgagors (borrowers). Information received must comply with
delinquency and default servicing, foreclosure, and the Servicemembers
Civil Relief Act (SCRA) requirements. The need and proposed use of the
collection efforts for non-performing FHA-insured mortgages is to bring
a delinquent mortgage current as quickly as possible, avoid foreclosure
when feasible, and minimize losses to FHA's Mutual Mortgage Insurance
Fund.
Estimated Number of Respondents: 3,360.
Frequency of Response: Monthly.
Estimated Number of Responses: 26,668,067.
Average Hours per Response: 1.05.
Total Estimated Burdens: 15,723,493.
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Burden Annual Hourly
Information collection Number of Frequency of response Responses hour per burden cost per Annual cost
respondents per annum response hours response
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FHA-Insured Mortgage Loan Servicing of 3,360 Monthly..................... 26,668,067 1.05 15,723,493 $34.16 $537,114,520
Delinquent, Default, and Foreclosure with
Service Members Act.
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Totals................................. 3,360 ............................ 26,668,067 ......... 15,723,493 34.16 537,114,520
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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.
(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. 2024-24867 Filed 10-24-24; 8:45 am]
BILLING CODE 4210-67-P
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