30 Day

2502-0112 30 day.pdf

Mortgagor's Certification of Actual Cost

30 Day

OMB: 2502-0112

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85902

Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices

lotter on DSK11XQN23PROD with NOTICES1

is to allow for an additional 30 days of
public comment.
DATES: Comments Due Date: January 10,
2024.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Interested persons are
also invited to submit comments
regarding this proposal and comments
should refer to the proposal by name
and/or OMB Control Number and
should be sent to: Colette Pollard,
Clearance Officer, REE, Department of
Housing and Urban Development, 451
7th Street SW, Room 8210, Washington,
DC 20410–5000; email
PaperworkReductionActOffice@
hud.gov.
FOR FURTHER INFORMATION CONTACT:
Colette Pollard, Reports Management
Officer, REE, Department of Housing
and Urban Development, 451 7th Street
SW, Washington, DC 20410; email
[email protected] or telephone
202–402–3400. This is not a toll-free
number. HUD welcomes and is prepared
to receive calls from individuals who
are deaf or hard of hearing, as well as
individuals with speech or
communication disabilities. To learn
more about how to make an accessible
telephone call, please visit: https://
www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard.
SUPPLEMENTARY INFORMATION: 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 September 5,
2023, at 88 FR 60705.
A. Overview of Information Collection
Title of Information Collection: HUD
Conditional Commitment/Direct
Endorsement Statement of Appraised
Value.
OMB Control Number, if applicable:
2502–0494.
Type of Request: Extension of
currently approved collection.
Form Number: HUD 92800.5B.
Description of the need for the
information and proposed use: Lenders

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17:35 Dec 08, 2023

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must provide loan applicants a
completed copy of Form HUD–92800.5B
at or before loan closing. Form HUD–
92800.5B serves as the mortgagee’s
conditional commitment/direct
endorsement statement of appraised
value of Federal Housing
Administration (FHA) mortgage
insurance on the property. The form
provides a section for the statement of
the property’s appraised value and other
required FHA disclosures to the
borrower, including specific conditions
that must be met before HUD can
endorse a mortgage for FHA insurance.
HUD uses the information to determine
the eligibility of a property for mortgage
insurance.
Respondents: Mortgagees.
Estimated Number of Respondents:
1,407.
Estimated Number of Responses:
562,800.
Frequency of Response: 400.
Average Hours per Response: 0.12.
Total Estimated Burdens: 67,536.
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.
(5) ways to minimize the burden of
the collection of information on those
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
HUD encourages interested parties to
submit comments in response to these
questions.
C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C.
Chapter 35.
D. Summary of Form 92800.5B
Comments and HUD Responses
Comment: A commenter shared their
understanding that FHA requires

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lenders to utilize the 92800.5B to
comply with the Consumer Financial
Protection Bureau’s (CFPB) requirement
for lenders to provide borrows a copy of
the appraisal report promptly upon
completion or at least three days prior
to the closing of the loan. The
commenter recommends that FHA
remove its requirement for lenders to
utilize the HUD Form 92800.5B,
Conditional Commitment/Direct
Endorsement Statement of Appraised
Value. The commenter felt the 92800.5B
is obsolete and duplicative due to
borrower’s receiving a copy of the
appraisal report with the HUD Form
92900–LT, FHA Loan Underwriting and
Transmittal Summary.
HUD Response: HUD appreciates this
comment. Although the HUD Form
92800.5B and the 92900–LT state the
Appraised Value, neither form is tied to
CFPB’s requirements for providing the
Borrower a copy of the appraisal report
or the Borrower’s receipt of the
appraisal report. Form 92800.5B
provides other required FHA
disclosures to the borrower, including
specific conditions that must be met
before HUD can endorse a mortgage for
FHA insurance. Consideration may be
given to necessary updates at a future
date.
Colette Pollard,
Department Reports Management Officer,
Office of Policy Development and Research,
Chief Data Officer.
[FR Doc. 2023–27061 Filed 12–8–23; 8:45 am]
BILLING CODE P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7070–N–90]

30-Day Notice of Proposed Information
Collection: Mortgagor’s Certificate of
Actual Cost OMB Control No.: 2502–
0112
Office of Policy Development
and Research, Chief Data Officer, HUD.
ACTION: Notice.
AGENCY:

HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for an additional 30 days of
public comment.
DATES: Comments Due Date: January 10,
2024.
ADDRESSES: Interested persons are
invited to submit comments regarding
SUMMARY:

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11DEN1

Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Interested persons are
also invited to submit comments
regarding this proposal and comments
should refer to the proposal by name
and/or OMB Control Number and
should be sent to: Colette Pollard,
Clearance Officer, REE, Department of
Housing and Urban Development, 451
7th Street SW, Room 8210, Washington,
DC 20410–5000; email
PaperworkReductionActOffice@
hud.gov.

the cost information to determine the
maximum insurable mortgage for final
endorsement of an insured mortgage.
Actual cost is defined in section 227c of
National Housing Act. In addition, form
HUD–92330 must be accompanied by an
audited balance sheet certified by an
accountant unless the project has less
than 40 units, or if it is a refinancing or
a purchase of an existing project under
sections 207/223f or 232/223f of the
National Housing Act.
Estimated Number of Respondents:
1,168.
Estimated Number of Responses:
1,168.
Frequency of Response: 1.
Average Hours per Response: 8.
Total Estimated Burden: 9,344.

FOR FURTHER INFORMATION CONTACT:

B. Solicitation of Public Comment

Colette Pollard, Reports Management
Officer, Reports Management Officer,
REE, Department of Housing and Urban
Development, 451 7th Street SW,
Washington, DC 20410; email
[email protected] or telephone
(202) 402–3400. This is not a toll-free
number. HUD welcomes and is prepared
to receive calls from individuals who
are deaf or hard of hearing, as well as
individuals with speech or
communication disabilities. To learn
more about how to make an accessible
telephone call, please visit https://
www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard.
SUPPLEMENTARY INFORMATION: 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 October 7, 2022
at 87 FR 61095.

lotter on DSK11XQN23PROD with NOTICES1

A. Overview of Information Collection
Title of Information Collection:
Mortgagor’s Certificate of Actual Cost.
OMB Approval Number: 2502–0112.
Type of Request: Reinstatement, with
change, of previously approved
collection for which approval has
expired.
Form Number: HUD–92330.
Description of the need for the
information and proposed use: HUD
uses form HUD–92330 to obtain data
from a mortgagor relative to actual cost
of a project. The mortgagor is required
to certify to HUD the project’s actual
cost by submitting the form. HUD uses

VerDate Sep<11>2014

17:35 Dec 08, 2023

Jkt 262001

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.
(5) ways to minimize the burden of
the collection of information on those
who are respond, including the use of
automated collection techniques or
other forms of information technology.
HUD encourages interested parties to
submit comment in response to these
questions.
C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C.
Chapter 35.
Colette Pollard,
Department Reports Management Officer,
Office of Policy Development and Research,
Chief Data Officer.
[FR Doc. 2023–27048 Filed 12–8–23; 8:45 am]
BILLING CODE 4210–67–P

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85903

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7070–N–92]

30-Day Notice of Proposed Information
Collection: Consolidated Public
Housing Certification of Completion;
OMB Control No.: 2577–0021
Office of Policy Development
and Research, Chief Data Officer, HUD.
ACTION: Notice.
AGENCY:

HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for an additional 30 days of
public comment.
DATES: Comments Due Date: January 10,
2024.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Interested persons are
also invited to submit comments
regarding this proposal and comments
should refer to the proposal by name
and/or OMB Control Number and
should be sent to: Colette Pollard,
Clearance Officer, REE, Department of
Housing and Urban Development, 451
7th Street SW, Room 8210, Washington,
DC 20410–5000; email
PaperworkReductionActOffice@
hud.gov.
SUMMARY:

FOR FURTHER INFORMATION CONTACT:

Colette Pollard, Reports Management
Officer, REE, Department of Housing
and Urban Development, 451 7th Street
SW, Washington, DC 20410; email
[email protected] or telephone
202–402–3400. This is not a toll-free
number. HUD welcomes and is prepared
to receive calls from individuals who
are deaf or hard of hearing, as well as
individuals with speech or
communication disabilities. To learn
more about how to make an accessible
telephone call, please visit: https://
www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard.

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File Modified2023-12-09
File Created2023-12-09

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