Federal Register / Vol. 75, No. 247 / Monday, December 27, 2010 / Notices 81287 

entity approved by HUD. These entities 

must submit annual audit and actuarial 

reviews to HUD annually. 

OMB Control Number: 2577–0218. 

Agency Form Numbers: Form 52735 

and 52735–AS Combined, HUD–272–I, 

HUD–4117, HUD–4119. 

Members of Affected Public: State, 

Local, and Tribal. 

Estimation of the total numbers of 

hours needed to prepare the information 

collection including number of 

respondents, frequency of responses, 

and hours of response: An estimation of 

the total number of hours needed to 

prepare the information collection is 

366, the estimated number of 

respondents is 144, the frequency 

response is one time, and the estimated 

number of hours per response is 366. 

Authority: The Paperwork Reduction Act 

of 1995, 44 U.S.C. chapter 35, as amended. 

Dated: December 20, 2010. 

Colette Pollard, 

Departmental Reports Management Officer, 

Office of the Chief Information Officer. 

[FR Doc. 2010–32461 Filed 12–23–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5374–N–23] 

Buy American Exceptions Under the 

American Recovery and Reinvestment 

Act of 2009 

AGENCY: Office of the Assistant 

Secretary for Public and Indian 

Housing, HUD. 

ACTION: Notice. 

SUMMARY: In accordance with the 

American Recovery and Reinvestment 

Act of 2009 (Pub. L. 111–05, approved 

February 17, 2009) (Recovery Act), and 

implementing guidance of the Office of 

Management and Budget (OMB), this 

notice advises that certain exceptions to 

the Buy American requirement of the 

Recovery Act have been determined 

applicable for work using Capital Fund 

Recovery Formula and Competition 

(CFRFC) grant funds. Specifically, an 

exception was granted to the Chicago 

Housing Authority for the purchase and 

installation of through-the-wall air 

conditioners, floor-mounted water 

closets, and low voltage electrical 

components at the Dearborn Homes 

project. 

FOR FURTHER INFORMATION CONTACT: 

Dominique G. Blom, Deputy Assistant 

Secretary for Public Housing 

Investments, Office of Public Housing 

Investments, Office of Public and Indian 

Housing, Department of Housing and 

Urban Development, 451 7th Street, 

SW., Room 4130, Washington, DC 

20410–4000, telephone number 202– 

402–8500 (this is not a toll-free 

number). Persons with hearing- or 

speech-impairments may access this 

number through TTY by calling the tollfree Federal Information Relay Service 

at 800–877–8339. 

SUPPLEMENTARY INFORMATION: Section 

1605(a) of the Recovery Act provides 

that none of the funds appropriated or 

made available by the Recovery Act may 

be used for a project for the 

construction, alteration, maintenance, or 

repair of a public building or public 

work unless all of the iron, steel, and 

manufactured goods used in the project 

are produced in the United States. 

Section 1605(b) provides that the Buy 

American requirement shall not apply 

in any case or category in which the 

head of a Federal department or agency 

finds that: (1) Applying the Buy 

American requirement would be 

inconsistent with the public interest; (2) 

iron, steel, and the relevant 

manufactured goods are not produced in 

the U.S. in sufficient and reasonably 

available quantities or of satisfactory 

quality, or (3) inclusion of iron, steel, 

and manufactured goods will increase 

the cost of the overall project by more 

than 25 percent. Section 1605(c) 

provides that if the head of a Federal 

department or agency makes a 

determination pursuant to section 

1605(b), the head of the department or 

agency shall publish a detailed written 

justification in the Federal Register. 

In accordance with section 1605(c) of 

the Recovery Act and OMB’s 

implementing guidance published on 

April 23, 2009 (74 FR 18449), this notice 

advises the public that, on November 

24, 2010, upon request of the Chicago 

Housing Authority, HUD granted an 

exception to applicability of the Buy 

American requirements with respect to 

work, using CFRFC grant funds, in 

connection with the Dearborn project. 

The exception was granted by HUD on 

the basis that the relevant manufactured 

goods (through-the-wall air 

conditioners, floor-mounted water 

closets, and low voltage electrical 

components) are not produced in the 

U.S. in sufficient and reasonably 

available quantities or of satisfactory 

quality. 

Dated: December 17, 2010. 

Sandra B. Henriquez, 

Assistant Secretary for Public and Indian 

Housing. 

[FR Doc. 2010–32446 Filed 12–23–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5436–N–02] 

Mortgagee Review Board: 

Administrative Actions 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, Department of Housing 

and Urban Development (HUD). 

ACTION: Notice. 

SUMMARY: In compliance with Section 

202(c) of the National Housing Act, this 

notice advises of the cause and 

description of administrative actions 

taken by HUD’s Mortgagee Review 

Board against HUD-approved 

mortgagees. 

FOR FURTHER INFORMATION CONTACT: 

Nancy A. Murray, Secretary to the 

Mortgagee Review Board, 451 Seventh 

Street SW., Room B–133/3150, 

Washington, DC 20410–8000; telephone 

(202) 708–2224. A Telecommunications 

Device for Hearing- and SpeechImpaired Individuals (TTY) is available 

at (800) 877–8339 (Federal Information 

Relay Service). 

SUPPLEMENTARY INFORMATION: Section 

202(c)(5) of the National Housing Act 

(added by Section 142 of the 

Department of Housing and Urban 

Development Reform Act of 1989, 

Public Law 101–235, approved 

December 15, 1989), requires that HUD 

‘‘publish a description of and the cause 

for administrative action against a HUDapproved mortgagee’’ by the 

Department’s Mortgagee Review Board 

(Board). In compliance with the 

requirements of Section 202(c)(5), this 

notice advises of actions that have been 

taken by the Board from April 15, 2010 

to July 2, 2010. 

I. Settlement Agreements, Civil Money 

Penalties, Withdrawals of FHA 

Approval, Suspensions, Probations, 

Reprimands, and Administrative 

Payments 

1. Alethes, LLC, Lakeway, TX [Docket 

No. 09–9891–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw Alethes, LLC’s 

(Alethes) FHA approval for a period of 

three years and impose a $7,500 civil 

money penalty. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Alethes originated an FHA 

mortgage after termination of its 

origination approval agreement; Alethes 

failed to comply with HUD’s annual 

recertification requirements by failing to 


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submit acceptable audited financial 

statements. 

2. Atlantic Pacific Mortgage 

Corporation, Pembroke Pines, FL 

[Docket No. 10–1607–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately and permanently withdraw 

Atlantic Pacific Mortgage Corporation’s 

(Atlantic) FHA approval. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Atlantic retained and/or 

employed an owner, director, officer 

and/or employee who had been indicted 

for a criminal offense. 

3. First Rate Capital Corporation, 

Melville, NY [Docket No. 10–1001–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw First Rate 

Capital Corporation’s (First Rate) FHA 

approval for a period of one year. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: First Rate failed to notify HUD of 

the closure of its home office location. 

4. Gold Star Home Mortgage, LLC, St. 

Joseph, MO [Docket No. 10–1686–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw Gold Star Home 

Mortgage, LLC’s (Gold Star) FHA 

approval for a period of one year. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Gold Star failed to notify HUD of 

an action taken against it by the state of 

Missouri; Gold Star submitted a false 

certification to HUD on its Annual 

Certification Report. 

5. Marathon Financial Corporation, 

Southfield, MI [Docket No. 09–9889– 

MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately and permanently withdraw 

Marathon Financial Corporation’s 

(Marathon) FHA approval. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Marathon retained and/or 

employed an owner, director, officer 

and/or employee who had been indicted 

for a criminal offense; Marathon failed 

to submit its annual recertification fee, 

Yearly Verification Report, and 

acceptable audited financial statements. 

6. Nationwide Equities Corporation, 

Mahwah, NJ [Docket No. 09–9916–MR] 

Action: On April 15, 2010, the Board 

voted to impose a $20,500 civil money 

penalty against Nationwide Equities 

Corporation (Nationwide). 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Nationwide failed to implement a 

Quality Control (QC) plan and conduct 

QC reviews in a timely manner. 

7. Precision Financial, Inc., Syosset, NY 

[Docket No. 09–9897–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw Precision 

Financial, Inc.’s (Precision) FHA 

approval. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Precision failed to notify HUD 

that it had voluntarily surrendered its 

state license to originate mortgages. 

8. Sacramento Mortgage, Inc., 

Sacramento, CA [Docket No. 08–8097– 

MR] 

Action: On April 15, 2010, the Board 

voted to issue a letter of reprimand and 

impose a $7,500 civil money penalty 

against Sacramento Mortgage, Inc. 

(Sacramento). 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Sacramento used advertisements 

containing inaccurate and misleading 

FHA program information. 

9. Tucson Mortgage Company, LLC, 

Tucson, AZ [Docket No. 10–1602–MR] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw Tucson Mortgage 

Company, LLC’s (Tucson) FHA approval 

and impose a $7,500 civil money 

penalty. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Tucson failed to notify HUD of a 

Cease and Desist order issued against it 

by the Arizona Department of Financial 

Institutions; Tucson failed to notify 

HUD of the surrender of its licenses. 

10. Turbo International Corporation 

d/b/a USA Mortgage, Las Vegas, NV 

[Docket No. 10–1599–MR ] 

Action: On April 15, 2010, the Board 

approved an administrative action to 

immediately withdraw Turbo 

International Corporation’s d/b/a USA 

Mortgage (Turbo) FHA approval. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Turbo failed to notify HUD that its 

state license had expired; Turbo failed 

to submit its annual certification, 

recertification fee, and acceptable 

audited financial statements. 

11. 1st Alliance Mortgage LLC, Houston, 

TX [Docket No. 09–9624–MR] 

Action: On April 16, 2010, the Board 

accepted 1st Alliance Mortgage LLC’s 

(1st Alliance) offer to settle by paying a 

civil money penalty in the amount of 

$150,000. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: 1st Alliance engaged in prohibited 

branch arrangements; 1st Alliance made 

false certifications to HUD on loan 

application forms HUD–92900–A in 708 

instances; 1st Alliance failed to 

implement and maintain a Quality 

Control (QC) plan and conduct QC 

reviews; 1st Alliance failed to report 

compensation to employees on IRS form 

W–2; 1st Alliance charged unallowable 

and/or unearned duplicative fees to 

borrowers; 1st Alliance failed to ensure 

that fees paid outside of closing were 

listed on the HUD–1 Settlement 

Statement. 

12. Polaris Home Funding Corporation, 

Grandville, MI [Docket No. 09–9915– 

MR] 

Action: On May 20, 2010, the Board 

accepted Polaris Home Funding 

Corporation’s (Polaris) offer to settle by 

paying a civil money penalty in the 

amount of $44,000 and indemnifying 

FHA on seven loans. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Polaris violated HUD/FHA 

staffing requirements; Polaris had 

numerous loan origination and 

underwriting deficiencies. 

13. Viewpoint Bank, Plano, TX [Docket 

No. 10–1019–MR] 

Action: On May 20, 2010, the Board 

approved an administrative action to 

assess a $505,400 administrative 

payment against Viewpoint Bank 

(Viewpoint). 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Viewpoint had numerous loan 

origination and underwriting 

deficiencies; Viewpoint failed to ensure 

that its employees worked for 

Viewpoint exclusively, including failure 

to ensure that employees did not have 

outside employment in a related field. 


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14. Great Country Mortgage Bankers 

Corporation, Coral Gables, FL [Docket 

No. 10–1129–MR] 

Action: On May 20, 2010, the Board 

approved an administrative action to 

permanently withdraw Great Country 

Mortgage Bankers Corporation’s (Great 

Country) FHA approval. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Great Country failed to conduct 

targeted Quality Control reviews; Great 

Country had numerous loan origination 

and underwriting deficiencies; Great 

Country failed to ensure that their 

employees worked for Great Country 

exclusively; Great Country failed to 

address discrepancies prior to approval 

of the insurance endorsement. 

15. WR Starkey Mortgage, LLP, Plano, 

TX [Docket No. 10–1573–MR] 

Action: On May 20, 2010, the Board 

voted to impose a $223,000 civil money 

penalty against WR Starkey Mortgage, 

LLP (WR Starkey) and accept WR 

Starkey’s offer to indemnify HUD on 32 

mortgages. WR Starkey also agreed to 

reimburse HUD for 11 of the 32 

mortgages that resulted in claims in the 

amount of $756,406.76. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: WR Starkey had numerous loan 

origination and underwriting 

deficiencies; WR Starkey failed to 

timely remit Upfront Mortgage 

Insurance Premiums; WR Starkey 

allowed a Credit Watch terminated 

branch to originate loans; WR Starkey 

failed to ensure that loans met property 

eligibility requirements; WR Starkey 

failed to comply with property flipping 

guidelines; WR Starkey failed to ensure 

that construction-to-permanent 

mortgage program requirements were 

met. 

17. Birmingham Bancorp Mortgage 

Corporation, West Bloomfield, MI 

[Docket No. 10–1792–MR] 

Action: On June 17, 2010, the Board 

approved an administrative action to 

immediately withdraw Birmingham 

Bancorp Mortgage Corporation’s 

(BBMC) FHA approval for a period of 

five years. On July 2, 2010, the Board 

terminated the withdrawal action and 

accepted BBMC’s settlement offer of 

$815,913.13 (this amount included 

principal and interest totaling 

$770,913.13 for indemnification on 16 

loans and a civil money penalty of 

$45,000). 

Cause: The Board took the original 

action based on the following violations 

of HUD/FHA requirements alleged by 

HUD: BBMC failed to honor the terms 

of six executed indemnification 

agreements when BBMC failed to remit 

payment. 

18. Countrywide Home Loans, Inc., 

Calabasas, CA [Docket No. 09–9846– 

MR] 

Action: On June 17, 2010, the Board 

accepted a settlement offer from 

Countrywide Home Loans, Inc. 

(Countrywide) to pay a civil money 

penalty of $141,500, buy down the 

principal on loans totaling $93,263.02, 

indemnify HUD/FHA on loans, and 

surrender its FHA approval. In addition, 

Countrywide’s parent company, Bank of 

America, will maintain its FHA 

approval and honor the indemnification 

agreements. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Countrywide had loan origination 

and underwriting deficiencies; 

Countrywide failed to provide complete 

loan origination files. 

19. Best Interest Rate Mortgage 

Company, LLC, Haddon Township, NJ 

[Docket No. 10–1879–MR] 

Action: On June 17, 2010, the Board 

approved an administrative action to 

permanently withdraw Best Interest 

Rate Mortgage Company, LLC’s 

(BIRMCO) FHA approval. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: BIRMCO failed to notify HUD that 

it had been excluded from doing 

business in Idaho and Colorado; 

BIRMCO improperly used a simulated 

government form implying endorsement 

by FHA; BIRMCO failed to obtain 

required state licenses to operate in the 

States of Idaho and Colorado. 

20. Housing Solutions, Inc., Scottsdale, 

AZ [Docket No. 10–1608–MR] 

Action: On June 17, 2010, the Board 

approved an administrative action to 

permanently withdraw Housing 

Solutions, Inc.’s (HSI) FHA approval. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: HSI failed to notify HUD of the 

closure of its home office and that it is 

no longer in business. 

21. Action Mortgage Corporation, 

Cranston, RI [Docket No. 10–1855–MR] 

Action: On June 17, 2010, the Board 

accepted a settlement offer from Action 

Mortgage Corporation (AMC) to pay a 

civil money penalty of $2,500. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: AMC misused the official HUD 

seal on its Web site. 

22. Equity Source Home Loans, LLC, 

Morganville, NJ [Docket No. 10–1719– 

MR] 

Action: On June 17, 2010, the Board 

voted to impose a $7,000 civil money 

penalty against Equity Source Home 

Loans, LLC (Equity Source). 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Equity Source misused the names 

of FHA and HUD, misused the FHA 

seal, and disseminated a simulated 

government form implying HUD/FHA or 

government endorsement. 

23. NFM, Inc., Linthicum Heights, MD 

[Docket No. 10–1712–MR] 

Action: On June 17, 2010, the Board 

voted to impose a $5,000 civil money 

penalty against NFM, Inc. (NFM). 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: NFM misused the name and seal 

of the FHA and disseminated 

advertisements implying HUD/FHA 

endorsement. 

24. Silver Key Lending & Investment 

Group, Downers Grove, IL [Docket No. 

10–1848–MR] 

Action: On June 17, 2010, the Board 

voted to impose a $3,500 civil money 

penalty against Silver Key Lending & 

Investment Group (Silver Key). 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Silver Key misused the seal of the 

FHA and disseminated advertisements 

implying HUD/FHA endorsement. 

25. Access Mortgage Corporation, New 

Haven, CT [Docket No. 09–9438–MR] 

Action: On June 17, 2010, the Board 

accepted a settlement offer from Access 

Mortgage Corporation (Access) to pay a 

civil money penalty of $3,500. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Access failed to notify HUD/FHA 

within ten business days of a change in 

its ‘‘doing business as’’ name. 

26. American Advisors Group, Irvine, 

CA [Docket No. 10–1822–MR] 

Action: On June 17, 2010, the Board 

accepted a settlement offer from 

American Advisors Group (AAG) to pay 

a civil money penalty of $3,500. 

Cause: The Board took this action 

based on the following violation of 


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HUD/FHA requirements alleged by 

HUD: AAG’s advertisements 

misrepresented HUD’s Home Equity 

Conversion Mortgage program. 

27. Acceptance Capital Mortgage 

Corporation, Spokane, WA [Docket No. 

09–9608–MR] 

Action: On May 20, 2010, the Board 

accepted a settlement offer from 

Acceptance Capital Mortgage 

Corporation (Acceptance) to pay a civil 

money penalty of $14,000. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Acceptance allowed a separate 

legal entity to operate as a branch of 

Acceptance; Acceptance allowed loans 

to be originated by loan officers who 

were also employed by other companies 

in the real estate industry. 

28. Oxford Lending Group, L.P., 

Columbus, OH [Docket No. 10–1687– 

MR] 

Action: On June 17, 2010, the Board 

accepted a settlement offer from Oxford 

Lending Group, L.P. (Oxford) to pay a 

civil money penalty of $3,500. 

Cause: The Board took this action 

based on the following violation of 

HUD/FHA requirements alleged by 

HUD: Oxford improperly used a 

simulated government form implying 

endorsement by FHA or the 

Government. 

II. Lenders That Failed To Meet 

Requirements for Annual 

Recertification of HUD/FHA Approval 

Action: The Board voted to 

immediately withdraw FHA approval 

for a period of one year for each of the 

lenders listed below. 

Cause: The Board took this action 

because the lenders were not in 

compliance with the HUD’s annual 

recertification requirements. 

1. American Home Advisors, Inc., Dana 

Point, CA 

2. At Home Mortgage Brokers, Inc., 

Phoenix, AZ 

3. Bridge Mortgage, Inc., Villa Rica, GA 

4. Coastline Mortgage Consultants, LLC, 

Wilmington, NC 

5. Denton County Mortgage Corp., Tyler, 

TX 

6. Fidelity Homes and Loans, Inc., 

Federal Way, WA 

7. Legacy Mortgage LLC, Green Bay, WI 

8. Oceanfront Mortgage, Inc., San Diego, 

CA 

9. Alabama Home Mortgage Lending, 

Birmingham, AL 

10. C Bass ABS LLC, New York, NY 

11. Castle Home Mortgage Corp., Union, 

NJ 

12. City State Bank, Central City, IA 

13. CoFinancial, Inc., Milford, MI 

14. Credit Based Asset Servicing, New 

York, NY 

15. DMI Funding, Inc. (Title I), Boise, ID 

16. DMI Funding, Inc. (Title II), Boise, 

ID 

17. Gordon Lending Corporation, 

Dublin, OH 

18. Great Harbor Financial Service, 

Guilford, CT 

19. HBM No. One, LLC, Burlington, NC 

20. Integrity One Mortgage, Inc., Penns 

Grove, NJ 

21. Mortgage Process Center, Fair Oaks, 

CA 

22. NVX, LLC, Falls Church, VA 

23. Powell Financial Services, Inc., San 

Diego, CA 

24. Prosperity Bank St. Augustine, St. 

Augustine, FL 

25. Quickdraw Real Estate Services, 

Inc., Mill Creek, WA 

26. Solutions Financial Group, Inc., 

Tukwila, WA 

27. Three Rivers Financial Services, 

Inc., Fort Wayne, IN 

28. Trinity Financial, Inc., Verona, PA 

29. 1st Integrity Mortgage, Inc., Towson, 

MD 

30. Alliance Financing Mortgage 

Corporation, Mount Prospect, IL 

31. American Mortgage Group LLC, 

Humble, TX 

32. American Mortgage Solutions LLC, 

Burr Ridge, IL 

33. Amerinet Financial LLC, Upper 

Marlboro, MD 

34. Apex Funding Inc., Santa Ana, CA 

35. Baycal Financial Corporation, 

Burlingame, CA 

36. Benchmark Mortgage Corporation, 

Schaumburg, IL 

37. Broadway Federal Savings and Loan, 

Los Angeles, CA 

38. Building and Loan Mortgage 

Company, Lenexa, KS 

39. C Bass Funding LLC, New York, NY 

40. C Bass Funding X LLC, New York, 

NY 

41. Capital Mortgage LLC, Miami, FL 

42. Capitol City Bank & Trust Company, 

Atlanta, GA 

43. CCSF LLC, Henderson, NV 

44. Champion Mortgage LLC, Corpus 

Christi, TX 

45. Clayson-Mitchell Mortgage Services 

LC, Salt Lake City, UT 

46. Columbia First Mortgage Inc., Battle 

Ground, WA 

47. Community Finance Group Inc., 

Crystal, MN 

48. Community Resource Bank, N.A., 

Columbia, SC 

49. Consumer Lending Inc., Verona, NJ 

50. Creative Mortgage Services Inc., 

Martinez, GA 

51. CWA Financial Services Inc., 

Milledgeville, GA 

52. Design Development Mortgage LLC, 

Fort Collins, CO 

53. Direct Mortgage Inc., Norcross, GA 

54. Dynamic International Funding, 

Denver, CO 

55. East Shore Mortgage LLC, Madison, 

CT 

56. EDVA Realty Services Inc., Tarzana, 

CA 

57. Element Financial, LLC, Suwanee, 

GA 

58. Ellis Mortgage Company, Poplar 

Grove, IL 

59. E-Tek Capital LLC, Gibbsboro, NJ 

60. Emcore Mortgage, LLC, Atlanta, GA 

61. Ethical Mortgage Lending LLC, 

Grove City, OH 

62. Evergreen Pacific Mortgage Inc., 

Eugene, OR 

63. Fairfield Financial Mortgage Group, 

Danbury, CT 

64. Firstbank—West Branch, West 

Branch, MI 

65. First Boulder Valley Bank, Boulder, 

MT 

66. First Choice Mortgage Corporation, 

Stafford, VA 

67. First Choice Mortgage Services LLC, 

Memphis, TN 

68. First Primacy Mortgage Corporation, 

Bel Air, MD 

69. First Sierra Mortgage Inc., 

Sacramento, CA 

70. Focus Financial and Mortgage 

Corporation, Wauconda, IL 

71. Fortes Financial Inc., San Diego, CA 

72. Founders Mortgage Inc., Edmond, 

OK 

73. Genesis Mortgage Company LLC, 

Kingwood, TX 

74. Gordon Lending Corporation, 

Dublin, OH 

75. Hamilton Mortgage Group LLC, 

Ridgefield, CT 

76. Heights Mortgage Connection Inc., 

Harker Heights, TX 

77. Hometown Community Bank, 

Braselton, GA 

78. Interstate Capital Corporation, Coral 

Springs, FL 

79. JBJ LLC, Henderson, NV 

80. Keystone Mortgage Inc., Puyallup, 

WA 

81. LAA Enterprises Inc., Lakeland, FL 

82. Lend Select Mortgage, LLC, Mount 

Laurel, NJ 

83. Lowery Mortgage Inc., Cornelius, NC 

84. Madison Funding Inc., Baltimore, 

MD 

85. Magnolia Homes Loans, Inc., 

Oxnard, CA 

86. Maximum Mortgage Concepts, West 

Bridgewater, MA 

87. MBS Mortgage Company LLC, 

Wixom, MI 

88. McLaughlin Financial Inc., Salem, 

MA 

89. Metropolitan Mortgage Inc., 

Providence, RI 

90. MidAmerica Mortgage Corporation, 

New Hope, MN 


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91. MMA Mortgage Investment 

Corporation, Tampa, FL 

92. Mortgage Connection of Evansville 

Inc., Evansville, IN 

93. Mortgage Pros Ltd, Elmhurst, IL 

94. Namorex, LLC, Wilton, NH 

95. New Hope Community Development 

Federal Credit Union, Birmingham, 

AL 

96. North Florida Funding Inc., 

Jacksonville, FL 

97. Northpark Community Credit Union, 

Indianapolis, IN 

98. Old Providence Mortgage Company, 

Farmington, UT 

99. Paraiso LLC, Atlanta, GA 

100. Paramount Bank, Lexington, KY 

101. Pledged Property IV LLC, New 

York, NY 

102. Popular Mortgage Corp., (Title I), 

Hialeah, FL 

103. Popular Mortgage Corp., (Title II), 

Hialeah, FL 

104. Price Financial Services Inc., 

Rochester, MN 

105. Primary Access America 

Corporation, Mission Viejo, CA 

106. Prime Alliance Bank, Wood Cross, 

UT 

107. Prime Source Mortgage, Inc., 

Scottsdale, AZ 

108. Priority Mortgage, Inc., Wayne, IN 

109. Pronto Mortgage Lenders Corp., 

Hialeah Gardens, FL 

110. Provident Capital Mortgage, Inc., 

Cranston, RI 

111. R & S Financial Inc., Plymouth, MA 

112. Residential Mortgage Services Inc. 

(Title I), Lexington, KY 

113. Residential Mortgage Services Inc. 

(Title II), Lexington, KY 

114. Results One Mortgage Corp., 

Elmhurst, IL 

115. Samsara Mortgage Services Inc., 

Oakbrook, IL 

116. San Juan Mountains Credit Union, 

Montrose, CO 

117. Schyndel Investments Inc., Layton, 

UT 

118. Security Mortgage Corporation, 

Phoenix, AZ 

119. Silver Sierra Mortgage Inc., 

Cameron Park, AZ 

120. Signature Mortgage, LLC, 

Huntsville, AL 

121. Source 1 Capital Mortgage 

Corporation, Clifton, NJ 

122. South Ross Mortgage LLC, 

Lancaster, SC 

123. Trinity Mortgage Company Inc., 

Fort Wayne, IN 

124. United Financial Management 

Group Inc., Clarks Summit, PA 

125. VIP Mortgage Corporation, 

Danvers, MA 

126. Wakefield Lending Company LLC, 

Raleigh, NC 

127. Wonder State Mortgage Inc., Little 

Rock, AR 

III. Lenders That Failed to Timely Meet 

Requirements for Annual 

Recertification of HUD/FHA Approval 

and Have Cured 

Action: The Board voted to give the 

lenders below an opportunity to settle. 

The settlements required each lender to 

pay a $7,500, $3,500, or $1,000 civil 

money penalty without admitting fault 

or liability. 

Cause: The Board took this action 

because the lenders failed to timely 

comply with the HUD’s annual 

recertification requirements, however, 

they are now in compliance. 

1. 3rd Generation Mortgage, LLC, 

Bayville, NJ, 10–1930–MRT 

2. American Capital Mortgage Bankers, 

Ltd., Floral Park, NY, 10–1348– 

MRT 

3. Apex Mortgage, LLC, Meridian, ID, 

10–1298–MRT 

4. Capital Funding and Mortgage Group, 

Inc., Suwanee, GA, 10–1478–MRT 

5. Centrue Bank, Ottawa, IL, 10–1416– 

MRT 

6. Citizens State Bank, New Baltimore, 

MI, 10–1473–MRT 

7. CLO Funding Corporation, 

Piscataway, NJ, 10–4448–MRT 

8. Empire Financial Services Inc., 

Rockville, MD, 10–1521–MRT 

9. Golden Mortgage Corporation, 

Bridgewater, NJ, 10–1485–MRT 

10. Home Mortgage Solutions, LLC, 

Midlothian, VA, 10–1247–MRT 

11. Home Owners Financial Services, 

Los Angeles, CA, 10–1353–MRT 

12. LA Mortgage Services, Inc., Clarks 

Green, PA, 10–1045–MRT 

13. Landon Financial, Inc., Margate, FL, 

10–1258–MRT 

14. Lighthouse Home Loans, Inc., 

Salem, OR, 10–1495–MRT 

15. Lincoln Financial, Inc., Wayne, NJ, 

10–1379–MRT 

16. Mortgages Unlimited, Inc., Liberal, 

KS, 10–1357–MRT 

17. PC Funding, Inc., Cerritos, CA, 10– 

1924–MRT 

18. Plum Creek Funding, Inc., Parker, 

CO, 10–1519–MRT 

19. Raustin Mortgage Services LLC, 

Grandville, MI, 10–1214–MRT 

20. RJ Financial Services, Inc., San 

Antonio, TX, 10–1488–MRT 

21. Robert P. Lenz & Associates, Inc., 

Matthews, NC, 10–1569–MRT 

22. Seaside Home Mortgage, Inc., 

Sebastian, FL, 10–1568–MRT 

23. Sun Mortgage Corp. of Missouri, 

Inc., Saint Louis, MO, 10–1552– 

MRT 

24. Terra Ferma Mortgage, Inc., 

Houston, TX, 10–1900–MRT 

25. Your Money Center, LLC, Hartwell, 

GA, 10–1449–MRT 

26. AAA Financial Corp., Coral Springs, 

FL, 10–1932–MRT 

27. Advantis Credit Union, Portland, 

OR, 10–1933, MRT 

28. American Mortgage Group, Inc., 

Shawnee, OK, 10–1934, MRT 

29. Becker Real Estate Services, Inc., 

Lynbrook, NY, 10–1935–MRT 

30. Carson Bank (f/k/a Mulvane State 

Bank), Mulvane, KS, 10–1936–MRT 

31. CBRE HMF, Inc., Atlanta, GA, 10– 

1937–MRT 

32. Coral Mortgage Bankers Corporation, 

Chesterfield, MO, 10–1938–MRT 

33. Constitution Trust Mortgage Corp., 

Plainville, MA, 10–1906–MRT 

34. Custom Equity Mortgage, LLC, St. 

Louis, MO, 10–1939–MRT 

35. DATCU Credit Union, Denton, TX, 

10–1940–MRT 

36. Financial Dynamics Funding Corp., 

Jericho, NY, 10–1941–MRT 

37. Great Florida Lending, Inc., Miami, 

FL, 10–1942–MRT 

38. Heritage Bank and Trust, Columbia, 

TN, 10–1943–MRT 

39. Home First Mortgage, Birmingham, 

AL, 10–1944–MRT 

40. Infinity Lending Group, Tustin, CA, 

10–1053–MRT 

41. IZT Mortgage, Inc. d/b/a Ameritech 

Mortgage, Walnut Creek, CA, 10– 

1945–MRT 

42. Lexington Investment Mortgage Co., 

Lexington, KY, 10–1907–MRT 

43. Lincoln Mortgage Associates, LLC, 

Lansdale, PA, 10–1946–MRT 

44. Metropolitan Mortgage Broker, LLC, 

Philadelphia, PA, 10–1947–MRT 

45. Mortgage 1st, Inc., Ridgeland, MS, 

10–1948–MRT 

46. Mortgage Options of America, Inc., 

Winchester, MA, 10–1949–MRT 

47. Northern Funding Corporation, 

Clifton Park, NY, 10–1412–MRT 

48. Organization Matters, Inc., Apple 

Valley, CA, 10–1950–MRT 

49. PLB Lending LLC, Washington, MI, 

10–1951–MRT 

50. Valley Financial, Inc., Corning, CA, 

10–1953–MRT 

51. Wellington Funding Group LLC, 

Scottsdale, AZ, 10–1955–MRT 

52. WF and K Mortgage, Inc., Dunmore, 

PA, 10–1956–MRT 

53. ACE Cash Express Home Loans LLC, 

Irving, TX, 10–1969–MRT 

54. Advocate Equities Corp., Brooklyn, 

NY, 10–1427–MRT 

55. Alliance Capital Corporation, 

Oklahoma City, OK, 10–1970–MRT 

56. American Security Financial 

Corporation, Modesto, CA, 10– 

1511–MRT 

57. Ameristate Bancorp Inc., 

Youngstown, OH, 10–1971–MRT 

58. Associated Capital Resources Inc., 

Phoenix, AZ, 10–1616–MRT 

59. Assured Funding Corporation, 

Jackson, TN, 10–1248–MRT 

60. Bank of Bridger, Bridger, MT, 09– 

9138–MRT 


erowe on DSK5CLS3C1PROD with NOTICES
81292 Federal Register / Vol. 75, No. 247 / Monday, December 27, 2010 / Notices 

61. Boulder West Financial Services, 

Lafayette, CO, 10–1428–MRT 

62. Central Bank and Trust, Lander, WY, 

10–1471–MRT 

63. Creative Mortgage Partners LLC, 

Maplewood, MN, 09–9128–MRT 

64. Crossline Capital Inc., Irvine, CA, 

10–1481–MRT 

65. Elite Financial Investments Inc., 

Oakbrook, IL, 10–1122–MRT 

66. Enterprise Community Investment 

Inc., Columbia, MD, 09–9137, MRT 

67. First American Dream Mortgage Inc., 

Chicago, IL, 10–1360–MRT 

68. First Financial Bank N.A., Hamilton, 

OH, 09–9204–MRT 

69. First Mortgage Group LLC, 

Woodstock, GA, 10–1972–MRT 

70. First Star Funding Corp., Olympia 

Fields, IL, 10–1707–MRT 

71. Freedom One Funding Inc., Clifton 

Park, NY, 10–1557–MRT 

72. FRMP Inc., Loveland, CO, 10–1431– 

MRT 

73. Grow Mortgage Company, LLC, 

Franklin, KY, 10–1368–MRT 

74. HD Legacy Inc., Placentia, CA, 10– 

1061–MRT 

75. Home Worx Mortgage LLC, Edmond, 

OK 

76. KBA Financial Group LLC d/b/a 

First Homeland Mortgage, South 

Orange, NJ 09–9812–MRT 

77. Midwest Mortgage Partners LLC, 

Clive, IA, 10–1466–MRT 

78. Mortgage Strategies Inc., Benicia, 

CA, 10–1973–MRT 

79. Mountain State Lending Associates, 

Inc., Weirton, WV, 10–1903–MRT 

80. Nationside Mortgage Inc., 

Gaithersburg, MD, 10–1114–MRT 

81. Potomac Mortgage Capital Inc., Great 

Falls, VA, 09–9857–MRT 

82. Prestige Home Mortgage LLC, 

Owings Mills, MD, 10–1426–MRT 

83. Professional Financial Mortgage Inc., 

Southfield, MI, 10–1314–MRT 

84. Rowlett Mortgage Lending Ltd., 

Garland, TX, 10–1338–MRT 

85. Rudkin Enterprises LLC, Little Rock, 

AR, 10–1232–MRT 

86. Society Financial Corp., Farmington, 

CT, 10–1419–MRT 

87. Superior Lending Associates LC, 

Orem, UT, 10–1974–MRT 

88. Wilmington Finance Inc., Plymouth 

Meeting, PA, 10–1975–MRT 

Dated: December 20, 2010. 

David H. Stevens, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. 2010–32443 Filed 12–23–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5420–N–03] 

Notice of Regulatory Waiver Requests 

Granted for the Third Quarter of 

Calendar Year 2010 

AGENCY: Office of the General Counsel, 

HUD. 

ACTION: Notice. 

SUMMARY: Section 106 of the Department 

of Housing and Urban Development 

Reform Act of 1989 (the HUD Reform 

Act) requires HUD to publish quarterly 

Federal Register notices of all 

regulatory waivers that HUD has 

approved. Each notice covers the 

quarterly period since the previous 

Federal Register notice. The purpose of 

this notice is to comply with the 

requirements of section 106 of the HUD 

Reform Act. This notice contains a list 

of regulatory waivers granted by HUD 

during the period beginning on July 1, 

2010, and ending on September 30, 

2010. 

FOR FURTHER INFORMATION CONTACT: For 

general information about this notice, 

contact Camille E. Acevedo, Associate 

General Counsel for Legislation and 

Regulations, Department of Housing and 

Urban Development, 451 7th Street, 

SW., Room 10282, Washington, DC 

20410–0500, telephone 202–708–1793 

(this is not a toll-free number). Persons 

with hearing- or speech-impairments 

may access this number through TTY by 

calling the toll-free Federal Information 

Relay Service at 800–877–8339. 

For information concerning a 

particular waiver that was granted and 

for which public notice is provided in 

this document, contact the person 

whose name and address follow the 

description of the waiver granted in the 

accompanying list of waivers that have 

been granted in the second quarter of 

calendar year 2010. 

SUPPLEMENTARY INFORMATION: Section 

106 of the HUD Reform Act added a 

new section 7(q) to the Department of 

Housing and Urban Development Act 

(42 U.S.C. 3535(q)), which provides 

that: 

1. Any waiver of a regulation must be 

in writing and must specify the grounds 

for approving the waiver; 

2. Authority to approve a waiver of a 

regulation may be delegated by the 

Secretary only to an individual of 

Assistant Secretary or equivalent rank, 

and the person to whom authority to 

waive is delegated must also have 

authority to issue the particular 

regulation to be waived; 

3. Not less than quarterly, the 

Secretary must notify the public of all 

waivers of regulations that HUD has 

approved, by publishing a notice in the 

Federal Register. These notices (each 

covering the period since the most 

recent previous notification) shall: 

a. Identify the project, activity, or 

undertaking involved; 

b. Describe the nature of the provision 

waived and the designation of the 

provision; 

c. Indicate the name and title of the 

person who granted the waiver request; 

d. Describe briefly the grounds for 

approval of the request; and 

e. State how additional information 

about a particular waiver may be 

obtained. 

Section 106 of the HUD Reform Act 

also contains requirements applicable to 

waivers of HUD handbook provisions 

that are not relevant to the purpose of 

this notice. 

This notice follows procedures 

provided in HUD’s Statement of Policy 

on Waiver of Regulations and Directives 

issued on April 22, 1991 (56 FR 16337). 

In accordance with those procedures 

and with the requirements of section 

106 of the HUD Reform Act, waivers of 

regulations are granted by the Assistant 

Secretary with jurisdiction over the 

regulations for which a waiver was 

requested. In those cases in which a 

General Deputy Assistant Secretary 

granted the waiver, the General Deputy 

Assistant Secretary was serving in the 

absence of the Assistant Secretary in 

accordance with the office’s Order of 

Succession. 

This notice covers waivers of 

regulations granted by HUD from July 1, 

2010, through September 30, 2010. For 

ease of reference, the waivers granted by 

HUD are listed by HUD program office 

(for example, the Office of Community 

Planning and Development, the Office 

of Fair Housing and Equal Opportunity, 

the Office of Housing, and the Office of 

Public and Indian Housing, etc.). Within 

each program office grouping, the 

waivers are listed sequentially by the 

regulatory section of title 24 of the Code 

of Federal Regulations (CFR) that is 

being waived. For example, a waiver of 

a provision in 24 CFR part 58 would be 

listed before a waiver of a provision in 

24 CFR part 570. 

Where more than one regulatory 

provision is involved in the grant of a 

particular waiver request, the action is 

listed under the section number of the 

first regulatory requirement that appears 

in 24 CFR and that is being waived. For 

example, a waiver of both § 58.73 and 

§ 58.74 would appear sequentially in the 

listing under § 58.73. 

Waiver of regulations that involve the 

same initial regulatory citation are in 


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