71 FR 173 pgs. 52814-52815 - Notice of Submission of Proposed Information Collection to OMB; Request for Approval of Advance of Escrow Funds
Type: NOTICEVolume: 71Number: 173Pages: 52814 - 52815
Docket number: [Docket No. FR-5037-N-59]
FR document: [FR Doc. E6-14754 Filed 9-6-06; 8:45 am]
Agency: Housing and Urban Development Department
Official PDF Version: PDF Version
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5037-N-59]
Notice of Submission of Proposed Information Collection to OMB; Request for Approval of Advance of Escrow Funds
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.
The information is collected to ensure that escrowed funds are disposed of correctly for completion of offsite facilities, construction changes, construction cost not paid at final endorsement, non-critical repairs and capital needs assessment. The mortgagor uses the data to request withdrawal of escrowed funds for each item through a depository (mortgagee), and the HUD staff must use the information to approve the withdrawal of escrowed funds for each item.
DATES:
Comments Due Date: October 10, 2006.
ADDRESSES:
Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2502-0018) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202-395-6974.
FOR FURTHER INFORMATION CONTACT:
Lillian Deitzer, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; e-mail Lillian_L_Deitzer@HUD.gov or telephone (202) 708-2374. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Deitzer or from HUD's Web site at http://hlannwp031.hud.gov/po/i/icbts/collectionsearch.cfm.
SUPPLEMENTARY INFORMATION:
This notice informs the public that the Department of Housing and Urban Development has submitted to OMB a request for approval of the information collection described below. This notice is soliciting comments from members of the public and affecting agencies concerning the proposed collection of information to: (1) Evaluate 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) 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 through the use of appropriate automated collection techniques or other forms of information technology, e.g. , permitting electronic submission of responses.
This notice also lists the following information:
Title of Proposal: Request for Approval of Advance of Escrow Funds.
OMB Approval Number: 2502-0018.
Form Numbers: HUD-92464.
Description of the Need for the Information and Its Proposed Use: The information is collected to ensure that escrowed funds are disposed of correctly for completion of offsite facilities, construction changes, construction cost not paid at final endorsement, non-critical repairs and capital needs assessment. The mortgagor uses the data to request withdrawal of escrowed funds for each item through a depository (mortgagee), and the HUD staff must use the information to approve the withdrawal of escrowed fund for each item.
Frequency of Submission: Monthly.
| Number of respondents | Annual responses | × | Hours per response | = | Burden hours | |
|---|---|---|---|---|---|---|
| Reporting Burden: | 624 | 3 | 0.43 | 819 |
Total Estimated Burden Hours: 819.
Status: Reinstatement, with change, of previously approved collection.
Authority:
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended.
Dated: August 31, 2006.
Lillian L. Deitzer,
Department Paperwork Reduction Act Officer, Office of the Chief Information Officer.
[FR Doc. E6-14754 Filed 9-6-06; 8:45 am]
BILLING CODE 4210-67-P