Federal Register #FR-7110-N-19

HUD Seeks Comments on Continued Collection of Multifamily Mortgage Insurance Claim Information

HUD is seeking public comment on continuing its collection of information for multifamily mortgage insurance claims. - Government buyer: U.S. Department of Housing and Urban Development (HUD), Office of the Assistant Secretary for Housing–Federal Housing Commissioner. - Collection: Form HUD-2747, Application for Insurance Benefits, Multifamily Mortgage, used by lenders to claim benefits when an insured multifamily mortgage defaults. - Estimated burden: 110 respondents and 110 responses, with about one hour required per response. - HUD invites comments on the collection’s necessity and usefulness, the estimated burden, ways to improve the information collected, and ways to reduce respondent burden. - No products or services are being procured; no OEMs or vendors are identified.

Description

HUD is seeking Office of Management and Budget approval for an extension of the currently approved information collection, Form HUD-2747, Application for Insurance Benefits, Multifamily Mortgage. When an insured multifamily mortgage defaults, a lender may file an insurance claim with HUD, and submitting this application is part of the claims process. The notice requests public comments under the Paperwork Reduction Act. HUD estimates 110 respondents and 110 responses, with an average of one hour per response.

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