30 Day FR

30-Day FRN.pdf

Performing Loan Servicing for the Home Equity Conversion Mortgage (HECM)

30 Day FR

OMB: 2502-0611

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Federal Register / Vol. 90, No. 231 / Thursday, December 4, 2025 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7092–N 38; OMB Control
No.: 2502–0611]

30-Day Notice of Proposed Information
Collection: Comment Request
Performing Loans Servicing for the
Home Equity Conversion Mortgage
(HECM)
ACTION:

Notice.

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 comments from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 30 days of public
comment.
DATES: Comments Due Date: January 5,
2026.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
SUMMARY:

Information
collection

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.
FOR FURTHER INFORMATION CONTACT:
Anna Guido, PRA Compliance Officer,
Paperwork Reduction Act Division,
PRAD, Department of Housing and
Urban Development, 451 7th Street SW,
Room 8210, Washington, DC 20410;
email at PaperworkReductionActOffice@
hud.gov, ATTN: Anna Guido, telephone
(202) 402–5535. This is not a toll-free
number. HUD welcomes and is prepared
to receive calls om 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. Guido.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is

Number of
respondents

Frequency of
response

Responses
per annum

Burden hour
per response

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 November 1,
2024 at 89 FR 87394.
A. Overview of Information Collection
Title of Information Collection:
Performing Loans Servicing for the
Home Equity Conversion Mortgage
(HECM).
OMB Approval Number: 2502–0611.
Type of Request: Reinstatement, with
change.
Form Number: HUD–50002, HUD–
50012 (screenshot).
Description of the need for the
information and proposed use: This
information request is a comprehensive
collection of requirements for
mortgagees that service HECMs and
HECM borrowers, who are involved
with servicing-related activities that
includes collection and payment of
mortgage insurance premiums, escrow
account administration, providing loan
information and customer service.
Annual
burden
hours

Hourly
cost per
response

Annual
cost

Set-Aside Account Administration
Property Charge Payments .......................
Evidence That Property Charges Have
Been Paid ..............................................
Execution of Payment Plan Changes .......
Surplus in Set-Aside Account ...................

20.00

20,000.00

400,000.00

0.50

200,000.00

$24.54

$4,908,000.00

20.00
20.00
20.00

17,500.00
1,000.00
1,250.00

350,000.00
20,000.00
25,000.00

0.20
0.50
0.20

70,000.00
10,000.00
5,000.00

24.54
24.54
24.54

1,717,800.00
245,400.00
122,700.00

0.10

660,000.00

24.54

16,196,400.00

Mortgage Insurance Premiums (MIP)
Monthly MIP Payments .............................

20.00

330,000.00

6,600,000.00

Property Repair Administration
Requests for Disbursement of Funds .......
Extension Request to Complete Repairs
Required as a Condition of the Mortgage .......................................................
Report of Hazard Insurance Claims .........
Request for Inspection of Repairs in
Order to Release Funds ........................
Request for Excess Repair Set Aside
Funds to Be Disbursed to the Borrower
or Moved into the Line of Credit after
Repairs Are Completed .........................

20.00

376.25.00

7,525.00

0.40

3,010.00

24.54

73,865.40

20.00
20.00

250.00
250.00

5,000.00
5,000.00

0.40
0.40

2,000.00
2,000.00

24.54
24.54

49,080.00
49,080.00

20.00

250.00

5,000.00

0.40

2,000.00

24.54

49,080.00

20.00

250.00

5,000.00

0.40

2,000.00

24.54

49,080.00

Compliance
Annual Occupancy Certification ................
Model Doc HECM Borrower and Non-Borrowing Spouse Certification ...................

20.00

25,000.00

500,000.00

0.10

50,000.00

24.54

1,227,000.00

20.00

25.00

500.00

0.10

50.00

24.54

1,227.00

khammond on DSK9W7S144PROD with NOTICES

HECM Loss Mitigation
Referral to HECM Counselor ....................
Referring the borrower to federal or state
or local programs for assistance ...........
HECM Loan Refinance .............................
Attempting to negotiate a repayment plan
Borrowers providing evidence of application to any such available programs .....
Borrower providing confirmation of approval for assistance .............................

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16:27 Dec 03, 2025

Jkt 268001

20.00

1,250.00

25,000.00

0.10

25,000.00

24.54

61,350.00

20.00
20.00
20.00

375.00
250.00
625.00

7,500.00
5,000.00
12,500.00

0.10
0.50
0.50

750.00
2,500.00
6,250.00

24.54
24.54
24.54

18,405.00
61,350.00
153,375.00

20.00

112.50

2,250.00

0.25

562.50

24.54

13,803.75

20.00

112.50

2,250.00

0.25

562.50

24.54

13,803.75

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Federal Register / Vol. 90, No. 231 / Thursday, December 4, 2025 / Notices
Information
collection

Number of
respondents

Execution of any agreed-upon repayment
plan ........................................................
Request for a Change in Payment Plan ...
Repayment Plan Administration ................

Frequency of
response

20.00
20.00
20.00

Responses
per annum

375.00
150.00
375.00

Burden hour
per response

7,500.00
3,000.00
7,500.00

Annual
burden
hours

Hourly
cost per
response

Annual
cost

0.50
0.25
0.25

3,750.00
750.00
1,875.00

24.54
24.54
24.54

92,025.00
18,405.00
46,012.50

Post-Due and Payable Events
Providing a Letter of Intent to Select an
Option Other Than Foreclosure ............
Signature to a Deed in Lieu of Foreclosure If That Option Is Selected .........
Providing a Listing Agreement and the
Sales Contract .......................................
Loss Mitigation Reporting .........................

20.00

1,250.00

25,000.00

0.25

6,250.00

24.54

153,375.00

20.00

375.00

7,500.00

0.25

1,875.00

24.54

46,012.50

20.00
20.00

625.00
1,500.00

12,500.00
30,000.00

0.25
0.17

3,125.00
5,100.00

24.54
24.54

76,687.50
125,154.00

Due and Payable Events
Requesting Due and Payable Designation
Providing Legal Documents Such as
Power of Attorney or Trust ....................
Borrower or Estate Notification of a Due
and Payable Event ................................
Providing Mortgagee with a Death Certificate or Evidence of Non-Occupancy ....
Due and Payable Notification to HUD ......

20.00

752.50

15,050.00

0.10

1,505.00

24.54

36,932.70

20.00

18.75

375.00

0.33

123.75

24.54

3,036.83

20.00

1,250.00

25,000.00

0.17

4,250.00

24.54

104,295.00

20.00
20.00

375.00
1,875.00

7,500.00
37,500.00

0.33
0.10

2,475.00
3,750.00

24.54
24.54

60,736.50
92,025.00

Other Information Exchanges
Electronic HUD–50012 New Extension
Request .................................................
HUD 50002 Request to Exceed Cost Limits for Preservation and Protection ........
Compliance Package ................................
Servicing Package ....................................
Borrowers’ Requests for Partial Release ..
Requests for payoff Statements ...............
Request for Appraisal to Sell Property if
Not Due and Payable ............................
Total ...................................................

20.00

12,500.00

250,000.00

0.25

62,500.00

24.54

1,533,750.00

20.00
20.00
20.00
20.00
20.00

12,500.00
1,875.00
1,875.00
1,875.00
1,875.00

250,000.00
37,500.00
37,500.00
37,500.00
37,500.00

0.25
0.10
0.10
0.17
0.17

62,500.00
3,750.00
3,750.00
6,375.00
6,375.00

24.54
24.54
24.54
24.54
24.54

1,533,750.00
92,025.00
92,025.00
156,442.50
156,442.50

20.00

1,875.00

37,500.00

0.17

6,375.00

24.54

156,442.50

740.00

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

8,843,450.00

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

1,205,638.75

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

$29,586,374.93

khammond on DSK9W7S144PROD with NOTICES

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.
HUD encourages interested parties to
submit comment in response to these
questions.

VerDate Sep<11>2014

16:27 Dec 03, 2025

Jkt 268001

C. Authority
Section 2 of the Paperwork Reduction
Act of 1995, 44 U.S.C. 3507.
Anna Guido,
Department PRA Compliance Officer, Office
of Policy Development and Research, Chief
Data Officer.
[FR Doc. 2025–21926 Filed 12–3–25; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7092–N 39; OMB Control
No.: 2577–0287]

30-Day Notice of Proposed Information
Collection: Comment Request
Alternative Inspections—Housing
Choice Voucher Program
ACTION:

Notice.

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 comments from all interested
parties on the proposed collection of
information. The purpose of this notice

SUMMARY:

PO 00000

Frm 00034

Fmt 4703

Sfmt 4703

is to allow for 30 days of public
comment.
DATES:

Comments Due Date: January 5,

2026.
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.
FOR FURTHER INFORMATION CONTACT:
Anna Guido, PRA Compliance Officer,
Paperwork Reduction Act Division,
PRAD, Department of Housing and
Urban Development, 451 7th Street SW,
Room 8210, Washington, DC 20410;
email at PaperworkReductionActOffice@
hud.gov, ATTN: Anna Guido, telephone
(202) 402–5535. This is not a toll-free
number. HUD welcomes and is prepared
to receive calls om individuals who are
deaf or hard of hearing, as well as
individuals with speech or
communication disabilities. To learn
ADDRESSES:

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