61166 Federal Register / Vol. 75, No. 191 / Monday, October 4, 2010 / Notices 

terminating Underwriting Authority of 

Direct Endorsement mortgagees. 

Termination of Direct Endorsement 

Approval: Approval of a DE mortgagee 

by HUD/FHA authorizes the mortgagee 

to underwrite single family mortgage 

loans and submit them to FHA for 

insurance endorsement. The Approval 

may be terminated on the basis of poor 

performance of FHA-insured mortgage 

loans underwritten by the mortgagee. 

The termination of a mortgagee’s DE 

Approval 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 DE Approval with any 

mortgagee having a default and claim 

rate for loans endorsed within the 

preceding 24 months that exceeds 300 

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 

quarterly review period ending 

December 31, 2009, HUD is terminating 

the DE Approval of mortgagees whose 

default and claim rate exceeds both the 

national rate and 300 percent of the 

field office rate. 

Effect: Termination of the DE 

Approval precludes the mortgagee from 

underwriting 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 those 

already underwritten and approved by a 

DE underwriter, and cases covered by a 

firm commitment issued by HUD. Cases 

at earlier stages of processing cannot be 

submitted for insurance by the 

terminated mortgagee; however, the 

cases may be transferred for completion 

of processing and underwriting to 

another mortgagee with DE Approval 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 

reinstatement of the DE Approval if the 

DE Approval for the affected area or 

areas has been terminated for at least six 

months and the mortgagee continues to 

be an approved mortgagee meeting the 

requirements of 24 CFR 202.5, 202.6, 

202.7, 202.10 and 202.12. The 

mortgagee’s application for 

reinstatement must be in a format 

prescribed by the Secretary and signed 

by the mortgagee. In addition, the 

application must be accompanied by an 

independent analysis 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 

analysis must be prepared by an 

independent Certified Public 

Accountant (CPA) qualified to perform 

audits under Government Auditing 

Standards as provided by the 

Government Accountability 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 20024–8000. 

Action: The following mortgagees 

have had their DE Approvals terminated 

by HUD: 

Mortgagee name Mortgagee branch address HUD office 

jurisdictions 

Termination 

effective date 

Homeownership centers 

Alacrity Lending Co .............................. 2535 E Southlake Blvd., Suite 100, Southlake, 

TX 76092.

Fort Worth ............ 7/9/2010 Denver. 

Cambridge Home Capital LLC ............. 80 Cuttermill Road, Suite 408, Great Neck, NY 

11021.

New York .............. 6/24/2010 Philadelphia. 

Freedom Mortgage Corp ...................... 907 Pleasant Valley Avenue, Mount Laurel, NJ 

08054.

San Antonio .......... 7/1/2010 Denver. 

Pierce Commercial Bankk .................... 1722 S Union Avenue, Tacoma, WA 98405 ...... Seattle .................. 7/1/2010 Santa Ana. 

Universal Lending Corp ........................ 6775 E Evans Avenue, Denver, CO 80224 ....... Houston ................ 7/9/2010 Denver. 

Universal Lending Corp ........................ 6775 E Evans Avenue, Denver, CO 80224 ....... Kansas City .......... 7/9/2010 Denver.

Dated: September 23, 2010. 

David H. Stevens, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. 2010–24829 Filed 10–1–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5449–D–01] 

Delegation and Redelegation of 

Authority for the Office of the 

Inspector General 

AGENCY: Office of the Inspector General, 

HUD. 

ACTION: Notice of delegation and 

redelegation of authority. 

SUMMARY: This notice updates the 

delegation of authority of the Office of 

Inspector General to require by 

subpoena the production of all 

information, documents, reports, 

answers, records, accounts, papers, and 

other data in any medium (including 

electronically stored information, as 

well as any tangible thing) and 

documentary evidence necessary in the 

performance of the functions assigned 

by the Inspector General Act to the 

Deputy Inspector General, the Assistant 

Inspectors General, the Deputy Assistant 

Inspectors General, the Special Agents 

in Charge, the Regional Inspectors 

General for Audit, the Director of 

Inspections and Evaluations, the 

Directors within the Office of Audit, and 

the Counsel to the Inspector General. 

This notice also redelegates to the 

above-mentioned officials the authority 

of the Inspector General to cause the 

seal of the Department to be affixed to 

certain documents and to certify that a 

copy of any book, record, paper, 

microfilm or other document is a true 

copy of that in the files of the 

Department. This notice also delegates 

the authority to the Deputy Inspector 

General, the Assistant Inspector General 

for Investigation, the Deputy Assistant 

Inspectors General for Investigation, the 

Special Agents in Charge, and the 

Counsel to the Inspector General to 

request information under 5 U.S.C. 

section 552a(b)(7). 

DATES: Effective Date: September 27, 

2010. 


jlentini on DSKJ8SOYB1PROD with NOTICES
Federal Register / Vol. 75, No. 191 / Monday, October 4, 2010 / Notices 61167 

FOR FURTHER INFORMATION CONTACT: 

Bryan Howell, Counsel to the Inspector 

General, Office of the Inspector General, 

Department of Housing and Urban 

Development, 451 Seventh Street, SW., 

Room 8260, Washington, DC 20410– 

4500, telephone (202) 708–1613. (These 

are not toll-free numbers.) 

SUPPLEMENTARY INFORMATION: This 

notice supersedes the delegation of 

authority published at 72 FR 7775 

(February 20, 2007). 

Section 6(a)(4) of the Inspector 

General Act of 1978 (5 U.S.C. app.) 

authorizes the Inspector General to 

require by subpoena the production of 

all information, documents, reports, 

answers, records, accounts, papers, and 

other data in any medium (including 

electronically stored information, as 

well as any tangible thing) and 

documentary evidence necessary in the 

performance of the functions assigned 

by the Inspector General Act. This 

notice delegates this authority to issue 

subpoenas from the Inspector General to 

the Deputy Inspector General, the 

Assistant Inspectors General, the Deputy 

Assistant Inspectors General, the 

Special Agents in Charge, the Regional 

Inspectors General for Audit, the 

Director of the Inspections and 

Evaluations Division, the Directors 

within the Office of Audit, and the 

Counsel to the Inspector General. 

This notice also redelegates to the 

above-mentioned officials the authority 

delegated to the Inspector General by 

the Secretary of HUD in the Delegation 

of Authority published on April 15, 

1987, at 52 FR 12259, which delegated 

to various officials, including the 

Inspector General, the authority to cause 

the seal of the Department to be affixed 

to certain documents and to certify that 

a copy of any book, record, paper, 

microfilm or other document is a true 

copy of that in the files of the 

Department. 

Section 552a(b)(7) authorizes the 

Inspector General to request information 

protected by the Privacy Act for a civil 

or criminal law enforcement activity. 

This notice delegates to the Deputy 

Inspector General, the Assistant 

Inspector General for Investigations, the 

Deputy Assistant Inspectors General for 

Investigations, the Special Agents in 

Charge, and the Counsel to the Inspector 

General the authority to request 

information under 5 U.S.C. section 

552a(b)(7). 

The Inspector General has not limited 

his authority to issue subpoenas or to 

affix the Departmental seal and certify 

copies of records, or to request 

information under 5 U.S.C. 552a by this 

delegation or redelegation. Also, this 

delegation and redelegation of authority 

prohibits further delegation or 

redelegation. 

Accordingly, the Inspector General 

delegates and redelegates as follows: 

Section A. Authority Delegated and 

Redelegated 

The HUD Inspector General delegates 

to the Deputy Inspector General, the 

Assistant Inspectors General, the Deputy 

Assistant Inspectors General, the 

Special Agents in Charge, the Regional 

Inspectors General for Audit, the 

Director of the Inspections and 

Evaluations Division, the Directors 

within the Office of Audit, and the 

Counsel to the Inspector General the 

authority to require by subpoena the 

production of all information, 

documents, reports, answers, records, 

accounts, papers, and other data in any 

medium (including electronically stored 

information, as well as any tangible 

thing) and documentary evidence 

necessary in the performance of the 

functions assigned by the Inspector 

General Act pursuant to Section 6(a)(4) 

of the Inspector General Act of 1978. 

Additionally, the Inspector General 

redelegates to the Deputy Inspector 

General, the Assistant Inspectors 

General, the Deputy Assistant Inspectors 

General, the Special Agents in Charge, 

the Regional Inspectors General for 

Audit, the Director of Inspections and 

Evaluations Division, the Directors 

within the Office of Audit, and the 

Counsel to the Inspector General the 

authority under the delegation of 

authority published at 52 FR 12259 

(April 15, 1987) to cause the seal of the 

Department of Housing and Urban 

Development to be affixed to such 

documents as may require its 

application and to certify that a copy of 

any book, record, paper, microfilm or 

other document is a true copy of that in 

the files of the Department. 

Additionally, the Inspector General 

delegates to the Deputy Inspector 

General, the Assistant Inspector General 

for Investigations, the Deputy Assistant 

Inspectors General for Investigations, 

the Special Agents in Charge, and the 

Counsel to the Inspector General the 

authority to request information under 5 

U.S.C. section 552a(b)(7). 

Section B. No Further Delegation or 

Redelegation 

The authority delegated and 

redelegated in Section A above may not 

be further delegated or redelegated. 

Section C. Delegation of Authority 

Superceded 

This delegation supersedes the 

previous delegation of authority 

published in the Federal Register at 72 

FR 7775 (February 20, 2007). 

Authority: Section 6(a)(4), Inspector 

General Act of 1978 (5 U.S.C. App.); Section 

7(d), Department of HUD Act (42 U.S.C. 

3535(d)); Delegation of Authority, February 

20, 2007, at 72 FR 7775; 5 U.S.C. 552a. 

Dated: September 27, 2010. 

Kenneth M. Donohue, 

Inspector General. 

[FR Doc. 2010–24748 Filed 10–1–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5415–N–09] 

Notice of Availability: Notice of 

Funding Availability (NOFA) for HUD’s 

Fiscal Year (FY) 2010 Housing 

Counseling Training Program 

AGENCY: Office of the Chief of the 

Human Capital Officer, HUD. 

ACTION: Notice. 

SUMMARY: HUD announces the 

availability on its website of the 

applicant information, submission 

deadlines, funding criteria, and other 

requirements for HUD’s Housing 

Counseling Training Program NOFA for 

FY2010. This year’s Housing Counseling 

Training NOFA makes approximately 

$5.125 million made available under the 

Department of Housing and Urban 

Development Appropriations Act, 2009 

(Pub. L. 111–8, approved March 11, 

2009). The purpose of this NOFA is to 

improve and standardize the quality of 

counseling provided by housing 

counselors employed by ‘‘participating 

agencies.’’ Participating agencies include 

all housing counseling and intermediary 

organizations participating in HUD’s 

Housing Counseling Program, including 

HUD-approved agencies, affiliates and 

branches of HUD-approved 

intermediaries, HUD-approved 

multistate organizations, and state 

housing finance agencies. 

The notice providing information 

regarding the application process, 

funding criteria and eligibility 

requirements can be found using the 

Department of Housing and Urban 

Development agency link on the 

Grants.gov/Find Web site at http://

www.grants.gov/search/agency.do. A 

link to Grants.gov is also available on 

the HUD Web site at http://

www.hud.gov/offices/adm/grants/

fundsavail.cfm. The Catalogue of 

Federal Domestic Assistance (CFDA) 

number for the Housing Counseling 

Training NOFA is 14.316. Applications 

must be submitted electronically 

through Grants.gov. 


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