Deed-in-Lieu of Foreclosure: Corporate Mortgagors or Mortgagors Owning More than One Property

Federal Register: April 10, 2009 (Volume 74, Number 68)

Notices

Page 16414

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr10ap09-93

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Docket No. FR-5281-N-28

Deed-in-Lieu of Foreclosure (Corporate Mortgagors or Mortgagors

Owning More Than One Property)

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

SUMMARY: The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.

Mortgagees must obtain written consent from HUD's National

Servicing Center to accept a deed-in-lieu of foreclosure when the mortgagor is a corporate mortgagor or a mortgagor owning more than one property insured by the Department of Housing and Urban Development

(HUD). Mortgagees must provide HUD with specific information.

DATES: Comments Due Date: May 11, 2009.

ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2502-0301) and should be sent to: HUD Desk Officer,

Office of Management and Budget, New Executive Office Building,

Washington, DC 20503; fax: 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management

Officer, QDAM, Department of Housing and Urban Development, 451 Seventh

Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at Lillian_

L._Deitzer@HUD.gov or telephone (202) 402-8048. This is not a toll- free number. Copies of available documents submitted to OMB may be obtained from Ms. Deitzer.

SUPPLEMENTARY INFORMATION: This notice informs the public that the

Department of Housing and Urban Development has submitted to OMB a request for approval of the Information collection described below.

This notice is soliciting comments from members of the public and affecting agencies concerning the proposed collection of information to: (1) Evaluate 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)

Evaluate the accuracy of the agency's estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) 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.

This Notice Also Lists the Following Information

Title of Proposal: Deed-in-Lieu of Foreclosure (Corporate

Mortgagors or Mortgagors Owning More than One Property).

OMB Approval Number: 2502-0301.

Form Numbers: None.

Description of the Need for the Information and Its Proposed Use:

Mortgagees must obtain written consent from HUD's National Servicing

Center to accept a deed-in-lieu of foreclosure when the mortgagor is a corporate mortgagor or a mortgagor owning more than one property insured by the Department of Housing and Urban Development (HUD).

Mortgagees must provide HUD with specific information.

Frequency of Submission: On occasion.

Number of

Annual

Hours per respondents

responses

x

response

=

Burden hours

Reporting Burden..................

223

0.089 ...

1 ...

20

Total Estimated Burden Hours: 20.

Status: Extension of a currently approved collection.

Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended.

Dated: April 3, 2009.

Stephen A. Hill,

Director, Policy and E-GOV, Office of the Chief Information Officer.

FR Doc. E9-8183 Filed 4-9-09; 8:45 am

BILLING CODE 4210-67-P