7250 Federal Register / Vol. 62, No. 32 / Tuesday, February 18, 1997 / Notices

deadline for all applicants to October

29, 1996. The August 14, 1996 NOFA

was amended by notice published in the

Federal Register on October 22, 1996 to

extend the application deadline to

November 12, 1996 for HUD’s Puerto

Rico office as a result of severe flooding

caused by Hurricane Hortense.

This notice amends the August 14,

1996 NOFA to advise of the procedure

that HUD will use to determine how

public housing agency and Indian

housing authority applications will be

selected for funding in the event of tie

scores. The procedure for breaking tie

scores was inadvertently omitted from

the August 14, 1996 NOFA.

Accordingly, the NOFA for Public and

Indian Housing Economic Development

and Supportive Services (EDSS) Grants,

published at 61 FR 42356 on August 14,

1996, is amended as follows:

On page 42360, column two, the first

paragraph is revised to read as follows:

All PHA and the remaining IHA

applications will be placed in an overall

nationwide ranking order and funded until

all funds are exhausted. In the event of tie

scores, at the lowest ranking eligible for

funding, HUD will award the funds by

providing a proportioned amount to each

applicant sharing the tied score. The

proportioned amount will be based on the

amount of funding requested by each tied

applicant relative to the total amount

requested by all tied applicants. This ratio

will then be applied against the amount of

remaining funds available at this point in the

competition. Should a grantee decide not to

accept the proportioned amount, those funds

will be reallocated for use in the FY 1997

EDSS funding round.

Dated: February 12, 1997.

Kevin E. Marchman,

Acting Assistant Secretary for Public and

Indian Housing.

[FR Doc. 97–3971 Filed 2–14–97; 8:45 am]

BILLING CODE 4210–33–P

[Docket No. FR–4209–N–01]

Mortgagee Review Board

Administrative Actions

AGENCY: Office of the Assistant

Secretary for Housing-Federal Housing

Commissioner, HUD.

ACTION: Notice.

SUMMARY: In compliance with Section

202(c) of the National Housing Act,

notice is hereby given of the cause and

description of administrative actions

taken by HUD’s Mortgagee Review

Board against HUD-approved

mortgagees.

FOR FURTHER INFORMATION CONTACT:

Morris E. Carter, Director, Office of

Lender Activities and Program

Compliance, 451 Seventh Street, SW,

Washington, DC 20410, telephone (202)

708–1515. (This is not a toll-free

number). A Telecommunications Device

for Hearing and Speech-Impaired

Individuals (TTY) is available at 1–800–

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 Pub.

L. 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.

In compliance with the requirements of

Section 202(c)(5), notice is hereby given

of administrative actions that have been

taken by the Mortgagee Review Board

from October 1, 1996 through December

31, 1996.

1. BancPlus Mortgage, San Antonio,

Texas

Action: Settlement Agreement that

includes indemnification to the

Department for any claim losses in

connection with ten improperly

originated FHA-insured mortgages.

Cause: A HUD monitoring review that

disclosed violations of HUD–FHA

requirements that include: using alleged

false information to originate HUD–FHA

insured mortgages; failing to properly

document the credit background and

evaluate the credit risk of borrowers;

permitting mortgagors to handcarry

verification of employment forms;

requiring mortgagors to sign blank

documents; and failing to timely remit

Up-Front Mortgage Insurance Premiums

(UFMIPs) to HUD–FHA.

2. Grand Capital Mortgage and

Investment Company, Inc., Los Angeles,

California

Action: Proposed Settlement

Agreement that would include:

indemnification to the Department for

any claim losses in connection with

seven improperly originated FHA

insured mortgages; payment to the

Department of a civil money penalty in

the amount of $9,000; and corrective

action to assure compliance with HUD–

FHA requirements.

Cause: A HUD monitoring review that

cited violations of HUD–FHA

requirements that include: failure to

comply with HUD–FHA reporting

requirements under the Home Mortgage

Disclosure Act (HMDA); failure to

implement and maintain an adequate

Quality Control Plan; sharing office

space and commingling employees with

another company; utilizing, and paying

‘‘kickbacks’’ to an unapproved entity for

mortgage origination; failure to obtain

documents required to accurately

evaluate borrowers’ credit risk; failure to

verify the source and adequacy of

mortgagors’ closing funds; improper

calculation of borrowers’ effective

income; closing HUD–FHA insured

mortgages that exceed the regulatory

maximum loan amount; deleting a comortgagor in a streamline refinance;

exceeding HUD–FHA ratio guidelines

without documenting significant

compensating factors; and preparing

inaccurate Settlement Statements.

3. Diamond Coast Financial, Inc.,

Hesperia, California

Action: Probation and a proposed

Civil Money Penalty in the amount of

$32,000.

Cause: A HUD monitoring review that

disclosed violations of HUD–FHA

requirements that include: Failure to

remit to HUD–FHA at least 184 UpFront Mortgage Insurance Premiums

(UFMIPs); misrepresentation to HUD–

FHA in obtaining approval of

independent realtors and brokers as

branch offices; using non-employees to

originate HUD–FHA insured mortgages;

using, and paying fees to, a mortgage

company not approved by HUD–FHA to

originate HUD–FHA insured mortgages;

improperly paying closing costs for a

mortgagor and failing to honor the

mortgagor’s request to rescind the

transaction; and using misleading

advertising in connection with the Title

I program.

4. Trust One Mortgage Corporation,

Irvine, California

Action: Settlement Agreement that

includes: indemnification to the

Department for any claim losses in

connection with eight improperly

originated property improvement loans

under the HUD–FHA Title I property

improvement loan program; payment to

the Department of a civil money penalty

in the amount of $2,000; and corrective

action to assure compliance with HUD–

FHA requirements.

Cause: A HUD monitoring review that

cited violations of HUD–FHA Title I

program requirements that include:

permitting non-employees to originate

loans; failure to document a borrower’s

source of funds for the initial payment,

and permitting the payment to be made

from loan proceeds; failure to disburse

loan proceeds at closing; and use of

misleading advertising.

5. Barrons Mortgage Corporation, Brea,

California

Action: Proposed Settlement

Agreement that would include:
Federal Register / Vol. 62, No. 32 / Tuesday, February 18, 1997 / Notices 7251

indemnification to the Department for

any claim losses in connection with

seven improperly originated property

improvement loans under the HUD–

FHA Title I property improvement loan

program; payment to the Department of

a civil money penalty in the amount of

$2,000; and corrective action to assure

compliance with HUD–FHA

requirements.

Cause: A HUD monitoring review that

disclosed violations of HUD–FHA Title

I program requirements that include:

use of alleged false tax returns to qualify

borrowers; accepting verifications of

employment and W–2 forms containing

inconsistent information to qualify

borrowers; permitting non-approved

brokers to originate loans; accepting

insufficient cost estimates; and use of

misleading advertising.

6. Comstock Mortgage, Sacramento,

California

Action: Proposed Settlement

Agreement that would include: payment

to the Department of a civil money

penalty in the amount of $4,000; and

corrective action to assure compliance

with HUD–FHA requirements.

Cause: A HUD monitoring review that

cited violations of HUD–FHA

requirements that include: failure to

comply with HUD–FHA reporting

requirements under the Home Mortgage

Disclosure Act (HMDA); and failure to

maintain an adequate Quality Control

Plan for the origination of HUD–FHA

insured mortgages.

7. Home Owners Funding Corp.,

Bloomington, Minnesota

Action: Settlement Agreement that

includes: payment to the Department of

a civil money penalty in the amount of

$2,500; and corrective action to assure

compliance with HUD–FHA reporting

requirements under the Home Mortgage

Disclosure Act (HMDA).

Cause: Failure to timely submit

HMDA data to HUD–FHA.

8. Lovell & Malone, Inc., Nashville,

Tennessee

Action: Settlement Agreement that

includes: payment to the Department of

a civil money penalty in the amount of

$2,500; and corrective action to assure

compliance with HUD–FHA reporting

requirements under the Home Mortgage

Disclosure Act (HMDA).

Cause: Failure to timely submit

HMDA data to HUD–FHA.

Dated: February 10, 1997.

Nicolas P. Retsinas,

Assistant Secretary for Housing-Federal

Housing Commissioner.

[FR Doc. 97–3895 Filed 2–14–97; 8:45 am]

BILLING CODE 4210–27–P

DEPARTMENT OF THE INTERIOR

Fish and Wildlife Service

Endangered and Threatened Species

Permit Application

AGENCY: Fish and Wildlife Service,

Interior.

ACTION: Notice of receipt of application.

The following applicant has applied

for a permit to conduct certain activities

with endangered species. This notice is

provided pursuant to section 10(c) of

the Endangered Species Act of 1973, as

amended (16 U.S.C. 1531, et seq.).

PRT–825177

Applicant: Dr. Cynthia E. Rebar, University

of Pennsylvania, Edinboro, Pennsylvania.

The applicant requests a permit to

take (capture and release) Indiana bats

(Myotis sodalis) at the Ravenna Army

Ammunition Plant, Ravenna, Ohio, for

biological survey purposes. Activities

are proposed for the purpose of

enhancement of the species in the wild.

Written data or comments should be

submitted to the Regional Director, U.S.

Fish and Wildlife Service, Division of

Ecological Services Operations, 1

Federal Drive, Fort Snelling, Minnesota

55111–4056, and must be received

within 30 days of the date of this

publication.

Documents and other information

submitted with these applications are

available for review by any party who

submits a written request for a copy of

such documents to the following office

within 30 days of the date of publication

of this notice: U.S. Fish and Wildlife

Service, Division of Ecological Services

Operations, 1 Federal Drive, Fort

Snelling, Minnesota 55111–4056.

Telephone: (612/725–3536 x250); FAX:

(612/725–3526).

Dated: February 9, 1997.

John A. Blankenship,

Assistant Regional Director, IL, IN, MO

(Ecological Services), Region 3, Fort Snelling,

Minnesota.

[FR Doc. 97–3935 Filed 2–14–97; 8:45 am]

BILLING CODE 4310–55–P

Bureau of Land Management

Lewistown, MT, District Office; Meeting

AGENCY: Bureau of Land Management,

Lewistown District Office.

ACTION: Notice of meeting.

SUMMARY: A sub-committee of the

Lewistown District Resource Advisory

Council will meet February 26, 1997, at

10:00 am, in the Conference Room at the

Lewistown District Bureau of Land

Management Office, on Airport Road in

Lewistown.

This sub-committee was empowered

by the full Resource Advisory Council

(during a February 4–5, 1997 meeting)

to meet and revise the council’s

recommendations concerning standards

and guidelines for rangeland

management.

There will be a public comment

period at 11:30 am during the February

26, 1997 meeting.

DATES: February 26, 1997.

LOCATION: Lewistown District Bureau of

Land Management Office, Airport Road,

Lewistown.

FOR FURTHER INFORMATION CONTACT:

District Manager, (406) 538–7461,

Lewistown District Office, Bureau of

Land Management, Box 1160, Airport

Road, Lewistown, MT 59457.

SUPPLEMENTARY INFORMATION: The subcommittee meeting is open to the public

and there will be a public comment

period as detailed above.

Dated: February 7, 1997.

David L. Mari,

District Manager.

[FR Doc. 97–3902 Filed 2–14–97; 8:45 am]

BILLING CODE 4310–DN–P

[UT–942–1430–01; UTU–76019, UTU–76020,

UTU–76021]

Filing of State Quantity Grant

Application; Utah

AGENCY: Bureau of Land Management,

Interior.

ACTION: Notice.

SUMMARY: On December 12, 1996, the

State of Utah filed quantity grant

application, UTU–76019, UTU–76020,

and UTU–76021, to have 35.00 acres of

federally-owned land and interest in

land transferred to the State of Utah

under the provisions of Section 7,

Section 12, and Section 8, respectively,

of the Act of July 16, 1894 (28 Stat. 109),

and pursuant to 43 CFR part 2622.

FOR FURTHER INFORMATION CONTACT:

Angela D. Williams, Bureau of Land

Management, Utah State Office, 324

South State Street, PO Box 45155, Salt