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Notice

Notice of Submission of Proposed Information Collection to OMB; Mortgage Insurance Termination; Application for Premium Refund or Distributive Share Payment

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Information about this document as published in the Federal Register.

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This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

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.

DATES:

Comments Due Date: February 12, 2001.

ADDRESSES:

Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval number (2502-0414) and should be sent to: Joseph F. Lackey, Jr., OMB Desk Officer, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503.

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FOR FURTHER INFORMATION CONTACT:

Wayne Eddins, Reports Management Officer, Q, Department of Housing and Urban Development, 451 Seventh Street, Southwest, Washington, DC 20410; e-mail Wayne_Eddins@HUD.gov; telephone(202) 708-2374. This is not a toll-number. Copies of the proposed forms and other available documents submitted to OMB may be obtained form Mr. Eddins.

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

The Department has submitted the proposal for the collection of information, as described below, to OMB for review, as required by the Paperwork Reduction Act (44 U.S.C. Chapter 35). the Notice lists the following information: (1) the title of the information collection proposal; (2) the office of the agency to collect the information; (3) the OMB approval number, if applicable; (4) the description of the need for the information and its proposed use; (5) the agency form number, if applicable; (6) what members of the public will be affected by the proposal; (7) how frequently information submissions will be required; (8) an estimate of the total number of hours needed to prepare the information submission including number of respondents, frequency of response, and hours of response; (9) whether the proposal is new, an extension, reinstatement, or revision of an information collection requirement; and (10) the name and telephone number of an agency official familiar with the proposal and of the OMB Desk Officer for the Department.

This Notice Also Lists the Following Information

Title of Proposal: Mortgage Insurance Termination; Application for Premium Refund or Distributive Share Payment

OMB Approval Number: 2502-0414

Form Numbers: HUD-27050-A and HUD-27050-B

Description of the Need for the Information and its Proposed Use: The Mortgage Insurance Termination form is used by FHA-approved lenders to terminate FHA insurance to comply with HUD requirements. The Application for Premium Refund or Distributive Share Payment is used by homeowners to apply for the unearned portion of the mortgage insurance premium or a distributive share payment.

Respondents: Individuals or households, Business or other-for-profit

Frequency of Submission: On occasion

Reporting Burden:

Number of Respondents×Frequency of Response×Hours per Response=Burden Hours
391,5002.060.16129,700

Total Estimated Burden Hours: 129,700

Status: Reinstatement, without change

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

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Dated: January 5, 2001.

Wayne Eddins,

Departmental Reports Management Officer, Office of the Chief Information Officer.

End Signature End Supplemental Information

[FR Doc. 01-1001 Filed 1-11-01; 8:45 am]

BILLING CODE 4210-01-M