60-Day Notice of Proposed Information Collection: Compliance Inspection Report and Mortgagee's Assurance of Completion - Insurance News | InsuranceNewsNet

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February 25, 2020 Newswires
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60-Day Notice of Proposed Information Collection: Compliance Inspection Report and Mortgagee's Assurance of Completion

Federal Register

Notice.

Citation: "85 FR 10712"

Document Number: "Docket No. FR-7027-N-05"

Page Number: "10712"

"Notices"

Agency: "Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD."

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 60 days of public comment.

   DATES: Comments Due Date: April 27, 2020.

   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 the telephone number through TTY by calling the tollfree Federal Relay Service at 800-877-8339.

   FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, 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 the telephone number through TTY by calling the tollfree Federal Relay Service at 800-877-8339. 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: Compliance Inspection Report and Mortgagee's Assurance of Completion.

OMB Control Number, if applicable: 2502-0189.

Type of Request: Extension of currently approved collection.

Form Numbers: HUD 92051, HUD-92300.

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 mortgage insurance are constructed in accordance with acceptable building standards and that deficiencies found in newly constructed and existing dwellings are corrected.

Respondents: Mortgagees.

Estimated Number of Respondents: 2,966.

Estimated Number of Responses: 34,834.

Frequency of Response: Varies.

Average Hours per Response: 0.2.

Total Estimated Burden Hours: 6,096.

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. Chapter 35.

   Dated: February 7, 2020.

John L. Garvin,

General Deputy Assistant Secretary for Housing.

[FR Doc. 2020-03742 Filed 2-24-20; 8:45 am]

BILLING CODE 4210-67-P

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