Federal Register / Vol. 77, No. 37 / Friday, February 24, 2012 / Notices 11151 

$2,868; indemnify the Department on 

this loan for a period of five years; and 

pay a civil money penalty in the amount 

of $7,500, without admitting fault or 

liability. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Peoples Home failed to comply 

with HUD/FHA’s rules prohibiting 

property flipping; failed to ensure that 

the borrowers made the required 

minimum investment in the property; 

originated a loan that exceeded the 

maximum insured mortgage amount; 

and charged an impermissible tax 

service fee. 

12. PHH Mortgage Corporation, Mount 

Laurel, NJ [Docket No. 10–1997–MR] 

Action: On April 14, 2011, the Board 

entered into a Settlement Agreement 

with PHH Mortgage Corp. (‘‘PHH’’) that 

required PHH to pay a civil money 

penalty in the amount of $256,000, 

without admitting fault or liability. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: PHH failed to timely remit 

mortgage insurance premiums to HUD/ 

FHA, and failed to notify HUD/FHA 

within 15 calendar days of the 

termination of mortgage insurance 

contracts. 

13. Priority Bank, Ozark, AR [Docket 

No. 10–1795–MR] 

Action: On February 14, 2011, the 

Board entered into a Settlement 

Agreement with Priority Bank that 

required Priority Bank to pay a civil 

money penalty in the amount of 

$50,000, without admitting fault or 

liability. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Priority Bank failed to maintain 

and implement a Quality Control Plan 

in accordance with HUD/FHA’s 

requirements, and paid compensation in 

the form of commissions to an employee 

performing underwriting activities. 

14. ResMac, Inc., Sunrise, FL [Docket 

No. 11–1126–MR] 

Action: On April 15, 2011, the Board 

entered into a Settlement Agreement 

with ResMac, Inc. (‘‘ResMac’’) that 

required ResMac to pay a civil money 

penalty in the amount of $50,000, 

without admitting fault or liability. In 

addition, ResMac was required to 

submit to HUD restated financial 

statements for fiscal year ended 

December 31, 2009, in which ResMac 

reclassified the net book value of all 

intangible assets. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: ResMac misrepresented the 

identity of its president on its January 

2, 2009, application for FHA approval; 

failed to timely notify HUD of a state 

regulatory sanction imposed upon its 

president; and failed to submit an 

acceptable Independent Public 

Accountant’s Computation of Adjusted 

Net Worth for the end of fiscal year 

2009. 

15. Universal Lending Corporation, 

Denver, CO [Docket No. 10–2003–MR] 

Action: On April 14, 2011, the Board 

entered into a Settlement Agreement 

with Universal Lending Corporation 

(‘‘Universal’’) that required Universal to: 

indemnify HUD for any future losses on 

six FHA-insured mortgage loans; 

reimburse HUD for losses in the amount 

of $496,727.53 for mortgage insurance 

claims paid by HUD; and pay a civil 

money penalty in the amount of 

$45,500, without admitting fault or 

liability. 

Cause: The Board took this action 

based on the following violations of 

HUD/FHA requirements alleged by 

HUD: Universal improperly entered 

incorrect information as ‘‘cash reserves’’ 

into HUD’s automated underwriting 

system in order to receive approvals for 

seven loans; failed to adequately 

document the stability of borrowers’ 

employment or income and failed to 

adequately document other income used 

to qualify borrowers; failed to consider 

mortgage payment debt and liabilities 

when underwriting and approving FHAinsured loans; failed to adequately 

document the source of gift funds for 

one loan; and failed to obtain 

confirmation concerning cash saved at 

home with regard to two other loans. 

II. Lenders That Failed To Timely Meet 

Requirements for Annual 

Recertification of HUD/FHA Approval 

and Have Cured 

Action: The Board entered into 

settlement agreements with each of the 

lenders listed below requiring each of 

the lenders to pay $3,500 in civil money 

penalties, without admitting fault or 

liability. 

Cause: The Board took this action 

because the lenders failed to timely 

comply with HUD’s annual 

recertification requirements, but 

subsequently came into compliance. 

1. American Homestar Mortgage, LLC, 

League City, TX [Docket No. 11–1196– 

MR] 

2. Merrill Lynch Mortgage Lending, 

Inc., New York, NY [Docket No. 11– 

1138–MRT] 

3. Southpoint Financial Services, Inc., 

Alpharetta, GA [Docket No. 11–1197– 

MR] 

4. United Bank, Charleston, WV 

[Docket No. 11–1141–MRT] 

5. Wendover Financial Services 

Corporation, Chesterbrook, PA [Docket 

No. 11–1198–MR] 

6. World Alliance Financial Corp., 

Melville, NY [Docket No. 11–1143– 

MRT] 

Dated: February 16, 2012. 

Carol J. Galante, 

Acting Assistant Secretary for Housing, 

Federal Housing Commissioner. 

[FR Doc. 2012–4328 Filed 2–23–12; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

[Docket No. ONRR–2012–002] 

Notice Seeking Comment on the 

Extractive Industries Transparency 

Initiative 

AGENCY: Office of the Secretary, Interior. 

ACTION: Notice. 

SUMMARY: The Department of the 

Interior (Department) requests 

comments and suggestions from affected 

parties and the interested public prior to 

convening a multi-stakeholder group 

tasked to implement the Extractive 

Industries Transparency Initiative 

(EITI). This notice solicits comments 

and suggestions for review by a third 

party neutral facilitator for possible 

stakeholders who should be considered 

for inclusion in the multi-stakeholder 

group. Getting feedback upfront and 

involving all affected stakeholders in 

the EITI process are the hallmarks of 

good government and smart business 

practice. Additionally, this notice seeks 

comments for the facilitator on effective 

and productive processes for convening 

the multi-stakeholder group. Finally, 

this notice seeks comments and 

suggestions for the facilitator for 

effective collaboration by the multistakeholder group in order to implement 

EITI. The Department will announce 

any public listening sessions in a future 

Federal Register notice. 

DATES: You must submit your comments 

by April 9, 2012. 

ADDRESSES: You may submit comments 

on this notice by any of the following 

methods: 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. In the entry titled 

‘‘Enter Keyword or ID,’’ enter ONRR– 

2012–002, then click search. Follow the 

instructions to submit public comments 

and view supporting and related 


srobinson on DSK4SPTVN1PROD with NOTICES
11152 Federal Register / Vol. 77, No. 37 / Friday, February 24, 2012 / Notices 

materials available for this. The 

Department will post all comments. 

• Mail, overnight courier, or handcarry comments to: EITI Comments; 

c/o U.S. Department of the Interior; 

1801 Pennsylvania Ave. NW., Suite 400, 

Washington, DC 20006. 

FOR FURTHER INFORMATION CONTACT: 

Karen Senhadji; Senior Advisor to the 

Assistant Secretary for Policy, 

Management and Budget; 1849 C Street 

NW., Washington, DC 20240, telephone 

(202) 254–5573, fax number (202) 254– 

5589, email eiti@ios.doi.gov. 

SUPPLEMENTARY INFORMATION: In 

September 2011, President Barack 

Obama announced the United States’ 

commitment to participate in the 

Extractive Industries Transparency 

Initiative (EITI). EITI is a signature 

initiative of the U.S. national action 

plan for the international Open 

Government Partnership. On October 

25, concurrent with the EITI board 

meeting in Jakarta, President Obama 

named Secretary of the Interior Ken 

Salazar as the U.S. Senior Official 

responsible for implementing USEITI. In 

response, Secretary Salazar posted a 

White House blog the same day, 

committing to work with industry and 

civil society to implement USEITI. 

Thirty-five countries are in various 

stages of implementing EITI, most of 

them developing countries who have 

been encouraged to join by industry, 

civil society and the World Bank. EITI 

offers a voluntary framework for 

governments and companies to publicly 

disclose in parallel the revenues paid 

and received for extraction of oil, gas 

and minerals owned by the state. The 

design of each framework is countryspecific, and is developed through a 

multi-year, consensus based process by 

a multi-stakeholder group comprised of 

government, industry and civil society. 

EITI will strengthen relationships 

among the U.S. government, industry, 

and civil society; deliver a more 

transparent, participatory, and 

collaborative government; ensure the 

full and fair return to the American 

people for the use of its public 

resources; and enable the U.S. to lead by 

example internationally on transparency 

and good governance. For further 

information on EITI, please visit the 

Department of the Interior’s EITI Web 

page at http://www.doi.gov/EITI. 

Accordingly, the Department of the 

Interior is seeking public comment and 

recommendations on the following 

specific issues: 

• The EITI requires a multistakeholder group to be formed to 

oversee implementation. Who are the 

key sectors or stakeholders that need to 

be involved in the multi-stakeholder 

group? 

• How best can a balance, with 

regards to interests and perspectives, be 

achieved in the formation of the multistakeholder group? 

• In your opinion, what are the key 

attributes of both a successful multistakeholder group and the successful 

implementation of USEITI? 

• What key concerns, if any, do you 

have about implementing the USEITI 

process? 

Executive Order 13175 requires the 

Federal Government to consult and 

collaborate with the Indian community 

(tribes and individual Indian mineral 

owners) in the development of Federal 

policies that impact the Indian 

community. The locations of the public 

listening sessions will be chosen to 

allow for increased participation by the 

Indian community. 

We encourage stakeholders and 

members of the public to participate. 

The listening session will be open to the 

public without advance registration; 

however, attendance may be limited to 

the space available at each venue. For 

building security measures, each person 

may be required to present a picture 

identification to gain entry to the 

meetings. 

Dated: February 16, 2012. 

Amy Holley, 

Acting Assistant Secretary, Policy, 

Management and Budget. 

[FR Doc. 2012–4316 Filed 2–23–12; 8:45 am] 

BILLING CODE 4310–T2–P 

DEPARTMENT OF THE INTERIOR 

Bureau of Land Management 

[LLNVCO0000.L16100000.DO0000.

LXSS155F0000; 12–08807; MO# 

4500030996; TAS: 14X1109] 

Notice of Intent To Prepare a Revision 

to the Carson City District Resource 

Management Plan and Associated 

Environmental Impact Statement, 

Nevada 

AGENCY: Bureau of Land Management, 

Interior. 

ACTION: Notice of Intent. 

SUMMARY: In compliance with the 

National Environmental Policy Act of 

1969, as amended, and the Federal Land 

Policy and Management Act of 1976, as 

amended, the Bureau of Land 

Management (BLM) Carson City District 

(CCD), Carson City, Nevada, intends to 

prepare a Resource Management Plan 

(RMP) revision with an associated 

Environmental Impact Statement (EIS) 

for the Carson City District, and by this 

notice is announcing the beginning of 

the scoping process to solicit public 

comments and identify issues. The BLM 

will also seek nominations for Areas of 

Critical Environmental Concern (ACEC) 

and information on lands that may 

possess wilderness characteristics. The 

RMP will replace the existing Carson 

City Field Office Consolidated RMP 

(2001). 

DATES: This notice initiates the public 

scoping process for the RMP with 

associated EIS. Comments on issues 

may be submitted in writing until April 

24, 2012. Public scoping meetings will 

be held in Reno, Carson City, Yerington, 

Fallon, Hawthorne, and Minden, 

Nevada. The meeting times and 

addresses will be announced through 

the local news media, newsletters, 

mailings and the BLM project Web site: 

www.blm.gov/nv/st/en/fo/carsoncity_

field.html at least 15 days prior to the 

event. All comments must be received 

prior to the close of the 60-day scoping 

period or 30 days after the last public 

meeting, whichever is later. The BLM 

will provide additional opportunities 

for public participation upon 

publication of the Draft RMP/EIS. 

ADDRESSES: You may submit comments 

on issues and planning criteria related 

to the Carson City RMP/EIS revision by 

using any of the following methods: 

• Web site: www.blm.gov/nv/st/en/fo/ 

carsoncity_field.html. 

• Email: BLM_NV_CCDO_RMP@

blm.gov. 

• Fax: 775–885–6147 Attention: 

Carson City RMP. 

• Mail: Bureau of Land Management, 

5665 Morgan Mill Road, Carson City, 

Nevada 89701 Attention: Carson City 

RMP. 

Documents pertinent to this proposal 

may be examined at the Carson City 

District Office during regular business 

hours 7:30 a.m. to 4:30 p.m., Monday 

through Friday except holidays. 

FOR FURTHER INFORMATION CONTACT: 

And/or to have your name added to the 

mailing list, call Colleen Sievers, Project 

Manager, 775–885–6000, or email 

csievers@blm.gov. Persons who use a 

telecommunications device for the deaf 

(TDD) may call the Federal Information 

Relay Service (FIRS) at 1–800–877–8339 

to contact the above individual during 

normal business hours. The FIRS is 

available 24 hours a day, 7 days a week, 

to leave a message or question with the 

above individual. You will receive a 

reply during normal business hours. 

SUPPLEMENTARY INFORMATION: This 

document provides notice that the BLM 

Carson City District intends to prepare 

an RMP with an associated EIS for the 

Carson City District Planning Area, 


srobinson on DSK4SPTVN1PROD with NOTICES