Federal Register / Vol. 75, No. 171 / Friday, September 3, 2010 / Rules and Regulations 54023 

‘‘Regulatory Planning and Review’’). The 

document was determined to be a 

‘‘significant regulatory action,’’ as 

defined in section 3(f) of the Order 

(although not economically significant, 

as provided in section 3(f)(1) of the 

Order). 

FHA is implementing one change to 

replenish the MMIF capital reserve 

account. FHA is establishing a two-part 

credit-score threshold, with one lower 

bound for loans with loan-to-value 

ratios of 90 percent or less, and a higher 

threshold for those with loan-to-value 

ratios up to the statutory maximums. 

This is the first time that FHA has ever 

instituted an absolute lower-bound for 

borrower credit scores. Borrowers with 

low credit scores present higher risk of 

default and mortgage insurance claim. 

Such transactions that lack the 

additional credit enhancements 

announced in this document result in 

higher mortgage insurance claim rates 

and present an unacceptable risk of loss. 

The benefit of the revised credit score 

and LTV requirements will be to reduce 

the net losses due to high rates of 

insurance claims on affected loans, 

while the cost will be the value of the 

homeownership opportunity denied to 

the excluded borrowers. HUD prepared 

an economic analysis assessing costs 

and benefits in conjunction with 

development of the July 15, 2010, 

Federal Register notice. As noted above, 

HUD is implementing the proposed 

credit score and LTV requirements 

without change and, therefore that 

analysis remains applicable to this 

document. HUD’s full analysis can be 

found at http://www.hud.gov/offices/ 

hsg/sfh/hsgsingle.cfm. 

The docket file is available for public 

inspection in the Regulations Division, 

Office of General Counsel, Department 

of Housing and Urban Development, 

451 7th Street, SW., Room 10276, 

Washington, DC 20410–0500. Due to 

security measures at the HUD 

Headquarters building, please schedule 

an appointment to review the docket file 

by calling the Regulations Division at 

202–402–3055 (this is not a toll-free 

number). Individuals with speech or 

hearing impairments may access this 

number via TTY by calling the Federal 

Information Relay Service at 800–877– 

8339. 

Environmental Impact 

A Finding of No Significant Impact 

(FONSI) with respect to the 

environment has been made in 

accordance with HUD regulations at 24 

CFR part 50, which implement section 

102(2)(C) of the National Environmental 

Policy Act of 1969 (42 U.S.C. 

4332(2)(C)). The Finding of No 

Significant Impact is available for public 

inspection between the hours of 8 a.m. 

and 5 p.m. weekdays in the Regulations 

Division, Office of General Counsel, 

Department of Housing and Urban 

Development, 451 7th Street, SW., 

Room 10276, Washington, DC 20410. 

Due to security measures at the HUD 

Headquarters building, please schedule 

an appointment to review the FONSI by 

calling the Regulations Division at 

202–708–3055 (this is not a toll-free 

number). Individuals with speech or 

hearing impairments may access this 

number via TTY by calling the Federal 

Information Relay Service at 800–877– 

8339. 

Dated: August 31, 2010. 

David H. Stevens, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. 2010–22133 Filed 9–2–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[Docket No. USCG–2010–0800] 

Drawbridge Operation Regulation; 

Atlantic Intracoastal Waterway, Camp 

Lejeune, NC 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, Fifth Coast 

Guard District, has issued a temporary 

deviation from the regulations 

governing the operation of the Onslow 

Beach Swing Bridge, across the Atlantic 

Intracoastal Waterway, mile 240.7, at 

Camp Lejeune, NC. The deviation is 

necessary to facilitate urgent 

replacement of the main hydraulic 

system. This deviation allows the bridge 

to be in the closed-to-navigation 

position. 

DATES: This deviation is effective from 

1 a.m. on September 8, 2010 to 11:59 

p.m. on September 14, 2010. 

ADDRESSES: Documents mentioned in 

this preamble as being available in the 

docket are part of docket USCG–2010– 

0800 and are available online by going 

to http://www.regulations.gov, inserting 

USCG–2010–0800 in the ‘‘Keyword’’ box 

and then clicking ‘‘Search’’. They are 

also available for inspection or copying 

at the Docket Management Facility (M– 

30), U.S. Department of Transportation, 

West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE., 

Washington, DC 20590, between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

e-mail Bill H. Brazier, Bridge 

Management Specialist, Fifth Coast 

Guard District; telephone 757–398– 

6422, e-mail Bill.H.Brazier@uscg.mil. If 

you have questions on viewing the 

docket, call Renee V. Wright, Program 

Manager, Docket Operations, telephone 

202–366–9826. 

SUPPLEMENTARY INFORMATION: The 

Onslow Beach Swing Bridge at Atlantic 

Intracoastal Waterway, mile 240.7, at 

Camp Lejeune NC, has a vertical 

clearance in the closed position to 

vessels of approximately 12 feet, above 

mean high water. 

The U.S. Marine Corps at Camp 

Lejeune NC, who owns and operates 

this swing-type drawbridge, has 

requested a temporary deviation from 

the current operating regulations set out 

in 33 CFR 117.821(a)(1) to facilitate 

urgent replacement of the main 

hydraulic system. 

Under this temporary deviation, the 

Onslow Beach Swing Bridge will be 

maintained in the closed-to-navigation 

position from 1 a.m. on Wednesday, 

September 8, 2010 through 11:59 p.m. 

on Tuesday, September 14, 2010. 

Vessels that can pass under the bridge 

without a bridge opening may do so at 

anytime. There are no alternate routes 

for vessels transiting this section of the 

Atlantic Intracoastal Waterway and the 

drawbridge will be unable to open in 

the event of an emergency. 

The Coast Guard has coordinated the 

restrictions with the local users of the 

waterway, the Steamship Trade 

Committee, the Virginia Maritime 

Association, and marinas and will 

inform unexpected users through our 

Local and Broadcast Notices to Mariners 

of the closure period for the bridge so 

that vessels can arrange their transits to 

minimize any impact caused by the 

temporary deviation. 

In accordance with 33 CFR 117.35(e), 

the drawbridge must return to its regular 

operating schedule immediately at the 

end of the designated time period. This 

deviation from the operating regulations 

is authorized under 33 CFR 117.35. 

Dated: August 18, 2010. 

Waverly W. Gregory, Jr., 

Bridge Administrator, Fifth Coast Guard 

District. 

[FR Doc. 2010–22033 Filed 9–2–10; 8:45 am] 

BILLING CODE 9110–04–P 


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