Federal Register Notice - Volume 77

Federal Register Notice - Vol. 77.pdf

Ginnie Mae Mortgage-Backed Securities Programs

Federal Register Notice - Volume 77

OMB: 2503-0033

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37697

Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
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: Survey and
Collection of Information from HUD
Lead Hazard Control Grantees to
Support HUD and EPA Requirements to
Study the Lowering of the Lead Hazard
Standards and the Lead-Based Paint
Standard.
OMB Control Number: Pending.
Need for the Information and
Proposed Use: Leaded paint in housing
remains as the last major source of lead
exposure to young children. Efforts to
reduce childhood lead poisoning have
focused on controlling lead paint

hazards, specifically lead dust and
deteriorated lead-based paint. Lead
hazard control programs are looking for
ways to make this housing safer without
placing an undue financial burden on
the property owners or tenants.
On August 10, 2009, a petition was
submitted to EPA www.regulations.gov;
search for EPA–HQ–OPPT–2009–0655)
to lower the definition of lead-based
paint in pre-1978 ‘‘target’’ housing to
some value below the current value of
1 mg/cm 2 or 0.5% by weight (42 U.S.C.
4822(c)), and to lower the lead hazard
control standards and clearance
standards for lead in dust on floors and
window sills in such housing and in
pre-1978 child-occupied facilities below
the current values of 40 and 250 mg/ft 2
(micrograms per square foot),
respectively (40 CFR 745.65(b) and
745.227(e)(8)(viii), and 24 CFR
35.1320(b)(2)(i)), and below the current
clearance standard for window troughs
of 400 mg/ft2 (40 CFR 745.227(e)(8)(viii),
and 24 CFR 35.1320(b)(2)(i)). The HUD
Secretary may reduce the level that
defines lead-based paint in target
housing (42 U.S.C. 4822(c)), and the
EPA Administrator identifies the leadbased paint hazard standards (15 U.S.C.
2683), and the lead-based paint standard
in child-occupied facilities.

In a response dated October 22, 2009,
EPA, writing on behalf of itself and
HUD, agreed to study the issues and
decide whether the lead hazard
standards and/or the lead-based paint
standard should be changed, and to
collaborate with HUD on this effort.
(www.epa.gov/oppt/chemtest/pubs/eparesponse.pdf) The Agency and the
Department intend to have identical
standards for the sake of maximizing
their effectiveness in this matter.
One of the issues to be considered is
the ability to actually determine
‘‘clearance’’ (a work area is sufficiently
clean of lead dust) before allowing reoccupancy. The clearance levels for
floors and window sills are the same as
the lead hazard standards. This survey
will question HUD grantees as to their
ability to achieve clearance at the
current level for floors and windowsills,
and whether it would be technically
feasible to achieve clearance at
potentially lower levels.
Agency Form Numbers: None.
Members of Affected Public: HUD
Office of Healthy Homes and Lead
Hazard Control’s Lead-Based Paint
Hazard Control grantees and Lead
Hazard Reduction Demonstration
grantees, and the grantees’ lead hazard
control contractors.

TOTAL BURDEN ESTIMATE
Requirement

Number of
respondents

Hours per
respondent

Total hours

Cost per
hour

Startup cost

O&M cost

Total cost

Complete questionnaire ...

100

16

1600

$32.75

$52,400

$0

$0

$52,400

Total ..........................

100

....................

1600

....................

52,400

0

0

52,400

Status of the Proposed Information
Collection: New request.

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT

Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C. Chapter 35, as amended.

[Docket No. FR–5606–N–01]

Dated: June 15, 2012.
Jon L. Gant,
Director, HUD Office of Healthy Homes and
Lead Hazard Control.

Notice of Proposed Information
Collection: Comment Request; Ginnie
Mae Mortgage-Backed Securities
Guide 5500.3, Revision 1 (Forms and
Electronic Data Submissions)

[FR Doc. 2012–15313 Filed 6–21–12; 8:45 am]
BILLING CODE 4210–67–P

Office of the President of
Government National Mortgage
Association (Ginnie Mae), HUD.
ACTION: Notice.
AGENCY:

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: August 21,
2012.
SUMMARY:

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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:
Colette Pollard, Q, Administrator
Support Specialist, Department of
Housing and Urban Development, 451
7th Street SW., Room 4160, Washington,
DC 20410; email
[email protected]; telephone
(202) 708–0306, ext. 3400. This is not a
toll-free number. Copies of available
documents submitted to OMB may be
obtained from Ms. Pollard.
FOR FURTHER INFORMATION CONTACT:
Debra Murphy, Ginnie Mae, 451 7th
Street SW., Room B–133, Washington,
DC 20410; email—
[email protected]; telephone—
(202) 475–4923; fax—(202) 485–0225
(this is not a toll-free number); Victoria
Vargas, Ginnie Mae, 451 7th Street SW.,
Room B–133, Washington, DC 20410;
email—[email protected];
ADDRESSES:

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37698

Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices

telephone—(202) 475–6752; fax—(202)
485–0225 (this is not a toll-free
number); or the Ginnie Mae Web site at
www.ginniemae.gov for other available
information.
SUPPLEMENTARY INFORMATION: The
Department will submit 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 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 hours 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

Number of
respondents

Form

Appendix No.

Title

11700 ...............
11701 ...............

II–1 ...................
I–1 ....................

11702 ...............

I–2 ....................

11704 ...............

II–2 ...................

11707 ...............

III–1 ..................

11709 ...............

III–2 ..................

11715 ...............

III–4 ..................

11720 ...............

III–3 ..................

11732 ...............

III–22 ................

Letter of Transmittal .........
Application for Approval
Ginnie Mae MortgageBacked Securities
Issuer.
Resolution of Board of Directors and Certificate of
Authorized Signatures.
Commitment to Guaranty
Mortgage-Backed Securities.
Master Servicing Agreement.
Master Agreement for
Servicer’s Principal and
Interest Custodial Account.
Master Custodial Agreement.
Master Agreement for
Servicer’s Escrow Custodial Account.
Custodian’s Certification
for Construction Securities.
Financial Statements and
Audit Reports.
Mortgage Bankers Financial Reporting Form.
ACH Debit Authorization ..
Issuer’s Monthly Summary
Reports.
Issuer’s Monthly Accounting Report and Liquidation Schedule.
Data Verification Form ......
Electronic Data Interchange System Agreement.

IX–1 ..................

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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: Ginnie Mae
Mortgage-Backed Securities Guide
5500.3, Revision 1 (Forms and
Electronic Data Submissions).
OMB Control Number, if applicable:
2503–0033.
Description of the need for the
information and proposed use:
Ginnie Mae’s Mortgage-Backed
Securities Guide 5500.3, Revision 1
(‘‘Guide’’) provides instructions and
guidance to participants in the Ginnie
Mae Mortgage-Backed Securities
(‘‘MBS’’) programs (‘‘Ginnie Mae I and
Ginnie Mae II’’). Under the Ginnie Mae
I program, securities are backed by
single-family or multifamily loans.
Under the Ginnie Mae II program,
securities are only backed by singlefamily loans. Both the Ginnie Mae I and
II MBS are modified pass-through
securities. The Ginnie Mae II multiple

11709–A ...........
11710 D ...........

I–6 ....................
VI–5 ..................

11710A, 1710B,
1710C
&11710E.

VI–12 ................

III–13 ................

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Frequency
of
responses
per year a

Issuer MBS is structured so that small
issuers, who do not meet the minimum
number of loans and dollar amount
requirements of the Ginnie Mae I MBS,
can participate in the secondary
mortgage market. In addition, the Ginnie
Mae II MBS permits the securitization of
adjustable rate mortgages (‘‘ARMs’’).
In order to provide more relevant
disclosure information on outstanding
Ginnie Mae securities, Ginnie Mae will
be collecting additional information on
the loans backing securities at issuance.
Included in the Guide are the
appendices, forms, and documents
necessary for Ginnie Mae to properly
administer its MBS programs.
Agency form numbers, if applicable:
11700, 11701, 11702, 11704, 11705,
11706, 11707, 11708, 11709, 11709–A,
11710A, 1710–B, 1710–C, 11710D,
11710E, 11711–A, 11711–B, 11714,
11714–SN, 11715, 11720, 11732, 11785.
While most of the calculations are
based on the number of respondents
multiplied by the frequency of response,
there are several items whose
calculations are based on volume.
Total annual
responses

Hours per
response a

Total annual
hours

210
100

4
1

840
100

0.033
1

27.7
100.0

210

1

210

0.08

16.8

210

4

840

0.033

27.7

210

1

210

0.016

3.4

210

1

210

0.033

6.9

210

1

210

0.033

6.9

210

1

210

0.033

6.9

144

1

144

0.016

2.3

210

1

210

1

210.0

350

4

1,400

0.5

700.0

210
210

1
12

210
2,520

0.033
0.033

6.9
83.2

110

1

110

0.5

55.0

210
40

2
1

420
40

0.05
0.166

21.0
6.6

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37699

Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices

Form

Number of
respondents

Appendix No.

Title

III–14 ................

Enrollment Administrator
Signatories for Issuers
and Document
Custodians.
Cross Default Agreement
WHFIT Reporting ..............
Monthly Pool and Loan
Level Report (RFS).

I–4 ....................
VI–18 ................
VI–19 ................

Frequency
of
responses
per year a

Total annual
responses

54

1

54

10
210
210

1
4
12

10
840
2,520

Hours per
response a
2

0.05
0.25
4.3

Total annual
hours
108.0

0.5
210.0
10,836.0

The burden for the items listed below is based on volume and/or number of requests.
11705 ...............

III–6 ..................

11706 ...............

III–7 ..................

11708 ...............

V–5 ...................
XI–6, XI–8, XI–9

11711A and
11711B.

III–5 ..................

11714 and
11714SN.

VI–10, VI–11 .....

VI–2 ..................
VII–1 .................
III–21 ................

VI–9 ..................

VIII–3 ................
III–9 ..................

Total ..........

...........................

Schedule of Subscribers
and Ginnie Mae Guaranty Agreement.
Schedule of Pooled Mortgages.
Document Release Request.
Soldiers’ and Sailors’
Quarterly Reimbursement Request and
SSCRA Loan Eligibility
Information.
Release of Security Interest and Certification and
Agreement.
Issuer’s Monthly Remittance Advice and
Issuer’s Monthly Serial
Note Remittance Advice.
Letter for Loan Repurchase.
Collection of Remaining
Principal Balances.
Certification Requirements
for the Pooling of Multifamily Mature Loan Program.
Request for Reimbursement of Mortgage Insurance Claim Costs for
Multifamily Loans.
Assignment Agreements ..
Authorization to Accept
Facsimile Signed Correction Request Forms.
...........................................

210

12

24,800

0.0075

186.0

210

12

24,800

0.0085

210.8

210

1

374

32

4

8,000

0.033

1,056.0

210

1

24,800

0.005

124.0

210

12

56,500

0.016

10,848.0

210

12

420

0.033

13.9

210

12

344,000

11

1

11

0.05

0.6

56

1

56

0.25

14.0

63
210

1
12

63
128

0.13
0.016

8.2
2.0

........................

....................

495,260

0.05

0.0125

..................

18.7

51,600.0

76,518

a Varies.

Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35,
as amended.

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT

Dated: June 4, 2012.
Mary K. Kinney,
Executive Vice President, Government
National Mortgage Association.

Notice of Proposed Information
Collection: Comment Request OSHC
Financial Reporting Form

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[FR Doc. 2012–15324 Filed 6–21–12; 8:45 am]
BILLING CODE 4210–67–P

[Docket No. FR–5612–N–01]

Office of Sustainable Housing
and Communities (OSHC), Department
of Housing and Urban Development
(HUD).
ACTION: Notice.
AGENCY:

The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for

SUMMARY:

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review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
The Department of Defense and FullYear Continuing Appropriations Act,
2011 (Pub. L. 112–10, approved April
15, 2011) (Appropriations Act),
provided a total of $100,000,000 to HUD
for a Sustainable Communities Initiative
to improve regional planning efforts that
integrate housing and transportation
decisions, and increase the capacity to
improve land use and zoning. Of that
total, $70,000,000 is available for the
Sustainable Communities Regional
Planning Grant Program, and

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