Office of the Chief Information Officer, HUD.
HUD submitted the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, in accordance with the Paperwork Reduction Act. The purpose of this notice is to allow for 30 days of public comment.
Comments Due Date: September 17, 2018.
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: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202-395-5806, Email: OIRA Submission@omb.eop.gov
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FOR FURTHER INFORMATION CONTACT:
Colette Pollard, Reports Management Officer, QMAC, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov, or telephone 202-402-3400. This is not a toll-free number. Person with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339. Copies of available documents submitted to OMB may be obtained from Ms. Pollard.
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This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A.
The Federal Register notice that solicited public comment on the information collection for a period of 60 days was published on February 28, 2018 at 83 FR 8694.
A. Overview of Information Collection
Title of Information Collection: Single Family Mortgage Insurance for Hawaiian Homelands.
OMB Approved Number: 2502-0358.
Type of Request: Extension of currently approved collection.
Form Number: None.
Description of the need for the information and proposed use: FHA insures mortgages on single-family dwellings under provisions of the National Housing Act (12 U.S.C. 1709). The Housing and Urban Rural Recovery Act (HURRA), Public Law 98-181, amended the National Housing Act to add Section 247 (12 U.S.C. 1715z-12) to permit FHA to insure mortgages for properties located on Hawaiian Homelands. Under this program, the mortgagor must be a native Hawaiian. In accordance with 24 CFR 203.43i, the collection of information is verification that a loan applicant is a native Hawaiian and that the applicant holds a lease on land in a Hawaiian Homelands area. A borrower must obtain verification of eligibility from Department of Hawaiian Homelands (DHHL) and submit it to the lender. A borrower cannot obtain a loan under these provisions without proof of status as a native Hawaiian. United States citizens living in Hawaii are not eligible for this leasehold program unless they are native Hawaiians. The eligibility document is required to obtain benefits.
In accordance with 24 CFR 203.439(c), lenders must report monthly to HUD and the DHHL on delinquent borrowers and provide documentation to HUD to support that the loss mitigation requirements of 24 CFR 203.602 have been met. To assist the DHHL in identifying delinquent loans, lenders report monthly. A delinquent mortgage that is reported timely would allow DHHL to intervene and prevent foreclosure.
| ||Number of respondents||Frequency of
response||Responses per year||Average burden hours per response||Annual burden
hours||Hourly cost per
response||Total annual cost|
|Certification that borrower is a native Hawaiian 1||200.00||1.00||200.00||.08 (5 minutes per loan)||16.00||3 $23.06||$368.96|
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|Copy of lease on land in Hawaiian Homelands area 1||200.00||1.00||200.00||.08 (5 minutes per loan)||16.00||23.06||368.96|
|Notice of Delinquency 2||46.00||1.00||46.00||.42 (25 minutes per loan)||19.32||23.06||445.51|
|1. Respondents are lenders (The total number of approved lenders equal 15,871).|
|2. Lenders reporting delinquent loans to DHHL monthly.|
|3. The $23.06/hour cost is based on a lender's clerical staff average annual salary of $47,960.|
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.
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35.
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Dated: August 3, 2018.
Department Reports Management Officer, Office of the Chief Information Officer.
[FR Doc. 2018-17789 Filed 8-16-18; 8:45 am]
BILLING CODE 4210-67-P