Notice of HUD's Fiscal Year (FY) 2006 Notice of Funding Availability, Policy Requirements and General Section to SuperNOFA for HUD's Discretionary Grant Programs; Technical Assistance Areas for the Lead Outreach Program NOFA, 28047 [E6-7354]
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Federal Register / Vol. 71, No. 93 / Monday, May 15, 2006 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5030–C–17A]
Notice of HUD’s Fiscal Year (FY) 2006
Notice of Funding Availability, Policy
Requirements and General Section to
SuperNOFA for HUD’s Discretionary
Grant Programs; Technical Assistance
Areas for the Lead Outreach Program
NOFA
Office of the Assistant
Secretary for Administration, HUD.
ACTION: Notice of HUD’s Fiscal Year
(FY) 2006 Notice of Funding
Availability, Policy Requirements and
General Section to SuperNOFA for
HUD’s Discretionary Grant Programs;
Technical Assistance Areas for the Lead
Outreach Program NOFA.
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AGENCY:
SUMMARY: On January 20, 2006, HUD
published its Fiscal Year (FY) 2006,
Notice of Funding Availability Policy
Requirements and General Section
(General Section) to the SuperNOFA for
HUD’s Discretionary Programs. On
March 8, 2006, HUD published its Fiscal
Year (FY) 2006, SuperNOFA, for HUD’s
Discretionary Grant Programs. Included
in the 2006 SuperNOFA Programs is the
Lead Outreach Program. This Notice
provides additional information on
areas in which technical assistance
services are potentially needed. It was
developed in response to a question
asked during the SuperNOFA broadcast
for the FY 2006 Lead Outreach NOFA.
SUPPLEMENTARY INFORMATION: On April
4, 2006, HUD held its SuperNOFA
broadcast for the Lead Outreach Notice
of Funding Availability. A question was
asked in regard to page 11848, section
II, Terms of Award, third column, on
the number of lead grantees in each
geographic area and the estimated
number of lead grantees requiring
technical assistance in each geographic
area. This table is posted to HUD’s Web
site at https://www.hud.gov/offices/adm/
grants/nofa06/grplead.cfm. The table
provides applicants for the Technical
Assistance activity category of the FY
2006 Lead Outreach NOFA with the
number of current lead grantees by area
and the estimated number of grantees
that a technical assistance provider may
be asked to service. In summary, in the
Eastern United States (HUD Regions I,
II, III and IV), there are currently 105
lead grantees, of which 22 may need
technical assistance; in the Central
United States and Midwest (HUD
Regions V, VI, VII and VIII), there are
currently 84 lead grantees, of which 5
may need technical assistance; in the
Western United States (HUD Regions IX
VerDate Aug<31>2005
16:54 May 12, 2006
Jkt 208001
and X), there are currently 34 lead
grantees, of which 6 may need technical
assistance. Nationwide, there are
currently 223 lead grantees, of which 33
may need technical assistance.
If you have questions regarding this
Notice, please contact Jonnette
Hawkins, Office of Healthy Homes and
Lead Hazard Control, telephone 202–
708–0614, extension 7593 (this is not a
toll-free number); or via e-mail at
Jonnette_G._Hawkins@hud.gov. If you
are a hearing-or speech-impaired
person, you may reach the above
telephone number through TTY by
calling the toll-free Federal Information
Relay Service at 1–800–877–8339.
Dated: May 9, 2006.
Jon L. Gant,
Director for the Office of Healthy Homes and
Lead Hazard Control.
[FR Doc. E6–7354 Filed 5–12–06; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–4513–N–23]
Credit Watch Termination Initiative
Office of the Assistant
Secretary for Housing-Federal Housing
Commissioner, HUD.
ACTION: Notice.
AGENCY:
SUMMARY: This notice advises of the
cause and effect of termination of
Origination Approval Agreements taken
by HUD’s Federal Housing
Administration (FHA) against HUDapproved mortgagees through the FHA
Credit Watch Termination Initiative.
This notice includes a list of mortgagees
which have had their Origination
Approval Agreements terminated.
FOR FURTHER INFORMATION CONTACT: The
Quality Assurance Division, Office of
Housing, Department of Housing and
Urban Development, 451 Seventh Street,
SW., Room B133–P3214, Washington,
DC 20410–8000; telephone (202) 708–
2830 (this is not a toll free number).
Persons with hearing or speech
impairments may access that number
through TTY by calling the Federal
Information Relay Service at (800) 877–
8339.
SUPPLEMENTARY INFORMATION: HUD has
the authority to address deficiencies in
the performance of lenders’ loans as
provided in HUD’s mortgagee approval
regulations at 24 CFR 202.3. On May 17,
1999 (64 FR 26769), HUD published a
notice on its procedures for terminating
Origination Approval Agreements with
FHA lenders and placement of FHA
lenders on Credit Watch status (an
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28047
evaluation period). In the May 17, 1999,
notice, HUD advised that it would
publish in the Federal Register a list of
mortgagees, which have had their
Origination Approval Agreements
terminated.
Termination of Origination Approval
Agreement: Approval of a mortgagee by
HUD/FHA to participate in FHA
mortgage insurance programs includes
an Origination Approval Agreement
(Agreement) between HUD and the
mortgagee. Under the Agreement, the
mortgagee is authorized to originate
single family mortgage loans and submit
them to FHA for insurance
endorsement. The Agreement may be
terminated on the basis of poor
performance of FHA-insured mortgage
loans originated by the mortgagee. The
termination of a mortgagee’s Agreement
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 Agreement with any
mortgagee having a default and claim
rate for loans endorsed within the
preceding 24 months that exceeds 200
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 the
25th review period, HUD is terminating
the Agreement of mortgagees whose
default and claim rate exceeds both the
national rate and 200 percent of the
field office rate.
Effect: Termination of the Agreement
precludes that branch(s) of the
mortgagee from originating 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 (1)
those already underwritten and
approved by a Direct Endorsement (DE)
underwriter employed by an
unconditionally approved DE lender
and (2) cases covered by a firm
commitment issued by HUD. Cases at
earlier stages of processing cannot be
submitted for insurance by the
terminated branch; however, they may
be transferred for completion of
processing and underwriting to another
mortgagee or branch authorized to
originate FHA insured mortgages in that
area. Mortgagees are obligated to
continue to pay existing insurance
premiums and meet all other obligations
associated with insured mortgages.
E:\FR\FM\15MYN1.SGM
15MYN1
Agencies
[Federal Register Volume 71, Number 93 (Monday, May 15, 2006)]
[Notices]
[Page 28047]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-7354]
[[Page 28047]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5030-C-17A]
Notice of HUD's Fiscal Year (FY) 2006 Notice of Funding
Availability, Policy Requirements and General Section to SuperNOFA for
HUD's Discretionary Grant Programs; Technical Assistance Areas for the
Lead Outreach Program NOFA
AGENCY: Office of the Assistant Secretary for Administration, HUD.
ACTION: Notice of HUD's Fiscal Year (FY) 2006 Notice of Funding
Availability, Policy Requirements and General Section to SuperNOFA for
HUD's Discretionary Grant Programs; Technical Assistance Areas for the
Lead Outreach Program NOFA.
-----------------------------------------------------------------------
SUMMARY: On January 20, 2006, HUD published its Fiscal Year (FY) 2006,
Notice of Funding Availability Policy Requirements and General Section
(General Section) to the SuperNOFA for HUD's Discretionary Programs. On
March 8, 2006, HUD published its Fiscal Year (FY) 2006, SuperNOFA, for
HUD's Discretionary Grant Programs. Included in the 2006 SuperNOFA
Programs is the Lead Outreach Program. This Notice provides additional
information on areas in which technical assistance services are
potentially needed. It was developed in response to a question asked
during the SuperNOFA broadcast for the FY 2006 Lead Outreach NOFA.
SUPPLEMENTARY INFORMATION: On April 4, 2006, HUD held its SuperNOFA
broadcast for the Lead Outreach Notice of Funding Availability. A
question was asked in regard to page 11848, section II, Terms of Award,
third column, on the number of lead grantees in each geographic area
and the estimated number of lead grantees requiring technical
assistance in each geographic area. This table is posted to HUD's Web
site at https://www.hud.gov/offices/adm/grants/nofa06/grplead.cfm. The
table provides applicants for the Technical Assistance activity
category of the FY 2006 Lead Outreach NOFA with the number of current
lead grantees by area and the estimated number of grantees that a
technical assistance provider may be asked to service. In summary, in
the Eastern United States (HUD Regions I, II, III and IV), there are
currently 105 lead grantees, of which 22 may need technical assistance;
in the Central United States and Midwest (HUD Regions V, VI, VII and
VIII), there are currently 84 lead grantees, of which 5 may need
technical assistance; in the Western United States (HUD Regions IX and
X), there are currently 34 lead grantees, of which 6 may need technical
assistance. Nationwide, there are currently 223 lead grantees, of which
33 may need technical assistance.
If you have questions regarding this Notice, please contact
Jonnette Hawkins, Office of Healthy Homes and Lead Hazard Control,
telephone 202-708-0614, extension 7593 (this is not a toll-free
number); or via e-mail at Jonnette--G.--Hawkins@hud.gov. If you are a
hearing-or speech-impaired person, you may reach the above telephone
number through TTY by calling the toll-free Federal Information Relay
Service at 1-800-877-8339.
Dated: May 9, 2006.
Jon L. Gant,
Director for the Office of Healthy Homes and Lead Hazard Control.
[FR Doc. E6-7354 Filed 5-12-06; 8:45 am]
BILLING CODE 4210-67-P