Notice of Proposed Information Collection: Comment Request

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4356-N-18]

Notice of Proposed Information Collection: Comment Request

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

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SUMMARY: 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.

DATES: Comments due date: December 7, 1998.

ADDRESSES: Interested persons are invited to submit comments regarding

this proposal. Comments should refer to the proposal by name/or OMB

Control Number and should be sent to: Wayne Eddins, Reports Management

Officer, Department of Housing and Urban Development, 451 7th Street,

SW, Room 9116, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Natalia Yee, Single Family Insurance

Operations Branch, telephone number (202) 708-2438, extension 3500

(this is not a toll-free number) for copies of the proposed forms and

other available documents.

SUPPLEMENTARY 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

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.

Title of Proposal: Single Family Premium Collection Subsystem--

Periodic (SFPCS-P).

OMB Control Number, if applicable:

Description of the need for the information and proposed use: The

Mortgage Insurance Premium (MIP) detail is needed to determine if FHA

has collected the required MIP for insured cases and to comply with the

Credit Reform Act.

Agency form numbers, if applicable: None.

Members of affected public: Servicing Mortgagees.

[[Page 53687]]

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 estimated number of respondents is

1,800, frequency of response is monthly, and the hours of response are

1-2 per response monthly.

Status of the proposed information collection: New collection.

Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.

Chapter 35, as amended.

Dated: September 29, 1998.

Ira G. Peppercorn,

General Deputy Assistant Secretary for Housing--Federal Housing

Commissioner.

[FR Doc. 98-26657 Filed 10-5-98; 8:45 am]

BILLING CODE 4210-27-M