Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD.
The proposed information collection requirement described below will be 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.
Comments Due Date: February 26, 2007.
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: Lillian Deitzer, Reports Management Officer, Department of Housing and Urban Development, 451 Seventh Street, SW., L'Enfant Plaza Building, Room 8001, Washington, DC 20410 or Lillian_L_Deitzer@hud.gov.Start Further Info
FOR FURTHER INFORMATION CONTACT:
James Beavers, Deputy Director, Office of Single Family Program Development, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410, telephone (202) 708-2121 (this is not a toll free number) for copies of the proposed forms and other available information.End Further Info End Preamble Start Supplemental Information
The Department is submitting the proposed information collection to OMB for review, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
This Notice is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection 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 the use of appropriate automated collection techniques or other forms of Start Printed Page 77778information technology, e.g., permitting electronic submission of responses.
This Notice also lists the following information:
Title of Proposal: FHA TOTAL Mortgage Scorecard.
OMB Control Number, if applicable: 2502-0556.
Description of the need for the information and proposed use: The data collection requirements consist of an electronic lender certification process, requirements to provide reports and loan samples at FHA's request, and appeals in writing for loss of privilege to use the scorecard. HUD uses the information to assure that lenders (and automated underwriting vendors) are aware of their obligations regarding use of the TOTAL Mortgage Scorecard and are certifying that they will comply with all pertinent regulations. It also allows FHA to request reports from lenders regarding their use of the scorecard and that they have implemented appropriate quality control procedures for using the scorecard. The collection provides an appeal mechanism should FHA take an action to terminate a lender's use of the scorecard.
Agency form numbers, if applicable: None.
Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: The number of burden hours is 908. The number of respondents is 12,000; number of responses is 452; the frequency of response is on occasion, and the burden hour per response is varies from 1 minute to 200 hours.
Status of the proposed information collection: Extension of a currently approved collection.Start Signature
Dated: December 20, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing Commissioner.
[FR Doc. E6-22232 Filed 12-26-06; 8:45 am]
BILLING CODE 4210-67-P