Federal Register / Vol. 69, No. 238 / Monday, December 13, 2004 / Notices 72209

Frequency: On occasion. 

Affected Public: Business or other for 

profit, not-for-profit institutions. 

Estimated Number of Respondents:

50. 

Estimated Time per Response: 1–8 

hours (average = 6). 

Total Burden Hours: 300. 

Total Burden Cost: (capital/startup): 

None. 

Total Burden Cost: (operating/

maintaining): None.

Description: The SAFETY ACT 

provides incentives for the development 

and deployment of Anti-Terrorism 

Technologies (ATTs) by creating a 

system of ‘‘risk management’’ and a 

system of ‘‘litigation management.’’ The 

purpose of the SAFETY ACT is to 

ensure that the threat of liability does 

not deter potential manufacturers or 

sellers of ATTs from developing and 

commercializing technologies that could 

significantly reduce the risks or mitigate 

the effects of terrorist events. Without 

these protections, important 

technologies are not being deployed to 

prevent harm resulting from a terrorist 

attack.

Dated: December 7, 2004. 

Mark Emery, 

Deputy, Chief Information Officer.

[FR Doc. 04–27272 Filed 12–10–04; 8:45 am] 

BILLING CODE 4410–10–P

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–4513–N–18] 

Credit Watch Termination Initiative

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, HUD.

ACTION: Notice.

SUMMARY: This notice advises of the 

cause and effect of termination of 

Origination Approval Agreements taken 

by HUD’s Federal Housing 

Administration (FHA) against HUDapproved mortgagees through the FHA 

Credit Watch Termination Initiative. 

This notice includes a list of mortgagees 

which have had their Origination 

Approval Agreements terminated.

FOR FURTHER INFORMATION CONTACT: The 

Quality Assurance Division, Office of 

Housing, Department of Housing and 

Urban Development, 451 Seventh Street, 

SW., Room B133–P3214, Washington, 

DC 20410–8000; telephone (202) 708–

2830 (this is not a toll free number). 

Persons with hearing or speech 

impairments may access that number 

through TTY by calling the Federal 

Information Relay Service at (800) 877–

8339.

SUPPLEMENTARY INFORMATION: HUD has 

the authority to address deficiencies in 

the performance of lenders’ loans as 

provided in HUD’s mortgagee approval 

regulations at 24 CFR 202.3. On May 17, 

1999 (64 FR 26769), HUD published a 

notice on its procedures for terminating 

Origination Approval Agreements with 

FHA lenders and placement of FHA 

lenders on Credit Watch status (an 

evaluation period). In the May 17, 1999 

notice, HUD advised that it would 

publish in the Federal Register a list of 

mortgagees, which have had their 

Origination Approval Agreements 

terminated. 

Termination of Origination Approval 

Agreement: Approval of a mortgagee by 

HUD/FHA to participate in FHA 

mortgage insurance programs includes 

an Origination Approval Agreement 

(Agreement) between HUD and the 

mortgagee. Under the Agreement, the 

mortgagee is authorized to originate 

single family mortgage loans and submit 

them to FHA for insurance 

endorsement. The Agreement may be 

terminated on the basis of poor 

performance of FHA-insured mortgage 

loans originated by the mortgagee. The 

termination of a mortgagee’s Agreement 

is separate and apart from any action 

taken by HUD’s Mortgagee Review 

Board under HUD’s regulations at 24 

CFR part 25. 

Cause: HUD’s regulations permit HUD 

to terminate the Agreement with any 

mortgagee having a default and claim 

rate for loans endorsed within the 

preceding 24 months that exceeds 200 

percent of the default and claim rate 

within the geographic area served by a 

HUD field office, and also exceeds the 

national default and claim rate. For the 

20th review period, HUD is terminating 

the Agreement of mortgagees whose 

default and claim rate exceeds both the 

national rate and 200 percent of the 

field office rate. 

Effect: Termination of the Agreement 

precludes that branch(s) of the 

mortgagee from originating FHA-insured 

single family mortgages within the area 

of the HUD field office(s) listed in this 

notice. Mortgagees authorized to 

purchase, hold, or service FHA insured 

mortgages may continue to do so. 

Loans that closed or were approved 

before the termination became effective 

may be submitted for insurance 

endorsement. Approved loans are (1) 

those already underwritten and 

approved by a Direct Endorsement (DE) 

underwriter employed by an 

unconditionally approved DE lender 

and (2) cases covered by a firm 

commitment issued by HUD. Cases at 

earlier stages of processing cannot be 

submitted for insurance by the 

terminated branch; however, they may 

be transferred for completion of 

processing and underwriting to another 

mortgagee or branch authorized to 

originate FHA insured mortgages in that 

area. Mortgagees are obligated to 

continue to pay existing insurance 

premiums and meet all other obligations 

associated with insured mortgages. 

A terminated mortgagee may apply for 

a new Origination Approval Agreement 

if the mortgagee continues to be an 

approved mortgagee meeting the 

requirements of 24 CFR 202.5, 202.6, 

202.7, 202.8 or 202.10 and 202.12, if 

there has been no Origination Approval 

Agreement for at least six months, and 

if the Secretary determines that the 

underlying causes for termination have 

been remedied. To enable the Secretary 

to ascertain whether the underlying 

causes for termination have been 

remedied, a mortgagee applying for a 

new Origination Approval Agreement 

must obtain an independent review of 

the terminated office’s operations as 

well as its mortgage production, 

specifically including the FHA-insured 

mortgages cited in its termination 

notice. This independent analysis shall 

identify the underlying cause for the 

mortgagee’s high default and claim rate. 

The review must be conducted and 

issued by an independent Certified 

Public Accountant (CPA) qualified to 

perform audits under Government 

Auditing Standards as provided by the 

General Accounting Office. The 

mortgagee must also submit a written 

corrective action plan to address each of 

the issues identified in the CPA’s report, 

along with evidence that the plan has 

been implemented. The application for 

a new Agreement should be in the form 

of a letter, accompanied by the CPA’s 

report and corrective action plan. The 

request should be sent to the Director, 

Office of Lender Activities and Program 

Compliance, 451 Seventh Street, SW., 

Room B133–P3214, Washington, DC 

20410–8000 or by courier to 490 

L’Enfant Plaza, East, SW., Suite 3214, 

Washington, DC 20024. 

Action: The following mortgagees 

have had their Agreements terminated 

by HUD:

72210 Federal Register / Vol. 69, No. 238 / Monday, December 13, 2004 / Notices 

Mortgagee name Mortgagee branch address HUD office

jurisdictions 

Termination

effective 

date 

Home

ownership

centers 

America’s Mortgage Resource, Inc .............. 3317 N I–10 Service Road, Metairie, LA 

70003.

New Orleans, LA .. 9/10/2004 Denver. 

American Union Mortgage, Inc ..................... 5250 S. Commerce Dr., Ste 101, Murray, 

UT 84107.

Salt Lake City, UT 9/10/2004 Denver. 

ARK LA TEX Financial Services LLC .......... 4137 S Sherwood Forest Blvd., Baton 

Rouge, LA 70816.

New Orleans, LA .. 10/4/2004 Denver. 

Fieldstone Mortgage Company .................... 6243 I H 10 W, Ste 205, San Antonio, TX 

78201.

San Antonio, TX ... 9/10/2004 Denver. 

Gateway Funding Diversified Mtg Srvs LP .. 300 Welsh Rd, Bldg 5, Horsham, PA 19044 Philadelphia, PA ... 9/10/2004 Philadelphia. 

Hamilton Mortgage Corporation ................... 1 Independence Dr., Ste 416, Birmingham, 

AL 35209.

Birmingham, AL .... 10/5/2004 Atlanta. 

Major Mortgage ............................................ 13300 Old Blanco Rd. Ste 304, San Antonio, TX 78216.San Antonio, TX ... 10/5/2004 Denver. 

Major Mortgage ............................................ 2660 South Rainbow Blvd. D104, Las 

Vegas, NV 89146.

Las Vegas, NV ...... 10/5/2004 Santa Ana. 

Mortgage Plus of America Corp ................... 940 N 10th Street, Ste 200 Kalamazoo, MI 

49009.

Grand Rapids, MI 9/10/2004 Philadelphia. 

Old American Mortgage, Inc ........................ 4516 South, 700 East #100, Murray, UT 

84107.

Salt Lake City, UT 10/5/2004 Denver. 

Pan American Financial Corp ...................... Roosevelt Ave, 1505 2nd Floor, Guaynabo, 

PR 00968.

San Juan, PR ....... 10/5/2004 Atlanta. 

Summit Financial Mortgage LLC .................. 7586 W Jewell Ave, Ste 101, Lakewood, 

CO 80232.

Denver, CO ........... 9/10/2004 Denver. 

Villa Mortgage, Inc ........................................ 2796 Mack Road, Fairfield, OH 45014 ........ Cincinnati, OH ....... 10/6/2004 Philadelphia. 

Dated: December 6, 2004. 

Sean Cassidy, 

General Deputy Assistant Secretary for 

Housing.

[FR Doc. 04–27207 Filed 12–10–04; 8:45 am] 

BILLING CODE 4210–27–P

DEPARTMENT OF THE INTERIOR

Fish and Wildlife Service 

Comprehensive Conservation Plans 

and an Environmental Impact 

Statement for Monomoy and Nomans 

Land Island National Wildlife Refuges

AGENCY: Fish and Wildlife Service, 

Department of the Interior.

ACTION: Notice of intent.

SUMMARY: This notice advises the public 

that the U.S. Fish and Wildlife Service 

(Service) intends to gather information 

necessary to prepare Comprehensive 

Conservation Plans (CCP) for Monomoy 

and Nomans Land Island National 

Wildlife Refuges (NWR) and an 

associated Environmental Impact 

Statement (EIS). The CCPs/EIS will 

present management alternatives and 

analyze the effects of implementing the 

management actions. The refuges are a 

part of the Eastern Massachusetts NWR 

Complex and are located in Barnstable 

and Dukes Counties, Massachusetts, 

respectively. The EIS will be prepared 

pursuant to section 102(2)C of the 

National Environmental Policy Act and 

its implementing regulations. The CCPs 

of three refuges within the Eastern 

Massachusetts NWR Complex (Great 

Meadows, Oxbow, and Assabet River 

NWRs) are in final development, and 

the remaining three refuges of the 

Eastern Massachusetts NWR Complex 

(Mashpee, Massasoit, and Nantucket 

NWRs) will be evaluated under separate 

process(es). 

This notice amends previous notices, 

published on February 24, 1999, that 

stated an EIS would be developed for all 

eight units of the complex (previously 

called Great Meadows National Wildlife 

Refuge Complex), and on February 15, 

2001, that stated an EIS would be 

developed for three units (Monomoy, 

Nantucket, and Nomans Land Island 

NWRs). Comments already received for 

these refuges under the previous notices 

will be considered. The Service invites 

agencies, groups, and the public to 

submit any additional comments 

concerning the scope of issues to be 

addressed, as well as possible 

management alternatives and 

environmental impacts to consider in 

the EIS. We will hold public meetings 

regarding the CCP process in the near 

future. Notices of such meetings will be 

advertised in the local newspaper, 

announced on the refuge Web site, and 

sent to the refuge CCP mailing list. If 

you would like to be included on the 

mailing list, please contact Bill Perry at 

the address listed below. 

The Service is furnishing this notice 

in compliance with the National 

Wildlife Refuge System Administration 

Act of 1966, as amended (16 U.S.C. 

668dd et seq.): 

(1) To advise other agencies and the 

public of our intentions, and

(2) To obtain suggestions and 

information on the scope of issues to 

include in the environmental 

documents.

DATES: Inquire at the following address 

for dates of planning activity. Comments 

concerning the scope of issues to be 

addressed must be submitted by January 

27, 2005. 

Send Comments To: Bill Perry, Refuge 

Planner, 73 Weir Hill Road, Sudbury, 

Massachusetts 01776, or e-mail 

comments to 

northeastplanning@fws.gov with a 

subject line stating ‘‘Monomoy and 

Nomans Land Island NWRs.’’

FOR FURTHER INFORMATION CONTACT: Bill 

Perry, Refuge Planner, 73 Weir Hill 

Road, Sudbury, Massachusetts 01776, 

978–449–4661 extension 32, or e-mail 

Bill_Perry@fws.gov. Information will be 

periodically updated on the refuge Web 

site at http://monomoy.fws.gov.

SUPPLEMENTARY INFORMATION: In 

accordance with the National Wildlife 

Refuge Improvement Act of 1997, all 

lands within the National Wildlife 

Refuge System are to be managed in 

accordance with an approved CCP. The 

CCP guides management decisions and 

identifies refuge goals, long-range 

objectives, and strategies for achieving 

refuge purposes. The planning process 

will consider many elements, including 

habitat and wildlife management, 

habitat protection, public use, and 

cultural resources. Public input into this 

planning process is essential. The CCP