60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs; OMB Control No. 2502-0589
| Published date | 17 September 2021 |
| Citation | 86 FR 51911 |
| Record Number | 2021-20127 |
| Section | Notices |
| Court | Housing And Urban Development Department |
Federal Register, Volume 86 Issue 178 (Friday, September 17, 2021)
[Federal Register Volume 86, Number 178 (Friday, September 17, 2021)]
[Notices]
[Page 51911]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20127]
[[Page 51911]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7038-N-19]
60-Day Notice of Proposed Information Collection: FHA-Insured
Mortgage Loan Servicing Involving the Loss Mitigation Programs; OMB
Control No. 2502-0589
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, Housing and Urban Development (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 60 days of public comment.
DATES: Comments Due Date: November 16, 2021.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control Number and should be sent to: Colette Pollard, Reports
Management Officer, QDAM, Department of Housing and Urban Development,
451 7th Street SW, Room 4176, Washington, DC 20410-5000; telephone 202-
402-3400 (this is not a toll-free number) or email at
[email protected] for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street
SW, Room 4176, Washington, DC 20410-5000; email Colette Pollard at
[email protected] or telephone 202-402-3400 (this is not a toll-
free number). Persons with hearing or speech impairments may access
this number through TTY by calling the Federal Relay Service at (800)
877-8339 (this is a toll-free number). 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: FHA-Insured Mortgage Loan
Servicing Involving the Loss Mitigation Program.
OMB Approval Number: 2502-0589.
Type of Request: Revision.
Form Numbers: HUD-27011, HUD-90035, HUD-90041, HUD-90045, HUD-
90051, HUD-90052.
Description of the need for the information and proposed use: FHA's
Loss Mitigation program options (24 CFR 203.501) and incentives efforts
provide mortgagees with reimbursement for using tools to bring a
delinquent FHA-insured mortgage loan current in as short a time as
possible, to provide an alternative to foreclosure to the extent
possible, and to minimize losses to the Mutual Mortgage Insurance Fund.
Home retention options promote reinstatement of the mortgage, allowing
the mortgagor to retain home ownership, while disposition options
assist mortgagors who cannot recover with an alternative to
foreclosure. The HUD forms used are part of the collection effort for
non-performing insured mortgage loans.
Respondents: Mortgagees or Mortgagors.
Estimated Number of Respondents: 412,966.
Estimated Number of Responses: 1,254,958.
Frequency of Response: On occasion.
Average Hours per Response: 1.38 hours.
Total Estimated Burdens: 1,736,478.
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.
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.
3507.
Janet M. Golrick,
Acting Chief of Housing, H.
[FR Doc. 2021-20127 Filed 9-16-21; 8:45 am]
BILLING CODE 4210-67-P
