Notice of Meeting, 30383-30384 [07-2688]
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Federal Register / Vol. 72, No. 104 / Thursday, May 31, 2007 / Notices
D. Unaffordable loans. Consumer
advocates state that some lenders extend
loans without adequately considering
the borrower’s ability to repay the loan.
For example, lenders may qualify
borrowers based on an ARM’s
introductory rate and not at the fullyindexed rate that will apply once the
introductory rate expires. Lenders state
that it is appropriate to make such loans
in certain circumstances, for example,
where the borrower is likely to be able
to refinance the loan at a lower rate
before the reset date. Other
circumstances include those in which
borrowers expect to sell their home
within a few years, or expect a
significant decrease in their monthly
obligations or a significant increase in
income, such as a borrower who is
completing professional training.
Because loans are frequently sold to
purchasers who generally cannot be
held liable for the loan originator’s
actions, and because the risk of default
is spread out among investors in loan
pools, some consumer advocates believe
that there is insufficient accountability
for making loans that consumers cannot
repay.
Recently the Board and the other
banking and thrift regulators issued
guidance on underwriting
nontraditional mortgage products. The
guidance provides that:
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An institution’s analysis of a borrower’s
repayment capacity should include an
evaluation of their ability to repay the debt
by final maturity at the fully indexed rate,
assuming a fully amortizing repayment
schedule. In addition, for products that
permit negative amortization, the repayment
analysis should be based upon the initial
loan amount plus any balance increase that
may accrue from the negative amortization
provision.
71 FR 58609, 58614 (Oct. 4, 2006)
(footnotes omitted).
Some have urged that lenders should
be required to underwrite all mortgage
loans based on a fully-indexed rate and
a fully amortizing payment. Some have
also advocated a rebuttable presumption
that a borrower cannot afford to repay
a loan if the borrower’s debt-to-income
ratio exceeds 50 percent and that such
loans should be prohibited by
regulation.
The Board requests comment on the
following questions:
• Should lenders be required to
underwrite all loans based on the fullyindexed rate and fully amortizing
payments?
• Should there be a rebuttable
presumption that a loan is unaffordable
if the borrower’s debt-to-income ratio
exceeds 50 percent (at loan origination)?
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16:01 May 30, 2007
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• Are there specific consumer
disclosures that would help address
concerns about unaffordable loans?
• How would such provisions affect
consumers and the type and terms of
credit offered?
By order of the Board of Governors of the
Federal Reserve System, May 24, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7–10395 Filed 5–30–07; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RETIREMENT THRIFT
INVESTMENT BOARD
Employee Thrift Advisory Council
Sunshine Act Meeting
1:30 p.m. (Eastern Time),
June 12, 2007.
PLACE: 4th Floor, Conference Room,
1250 H Street, NW., Washington, DC.
STATUS: Open.
MATTERS TO BE CONSIDERED:
1. Approval of the minutes of the
February 7, 2007 meeting.
2. Nomination of Council Chairman
and election of Vice Chairman.
3. Report of the Executive Director on
Thrift Savings Plan Status.
4. Discussion of three potential FRTIB
legislative proposals (automatic
enrollment, L Fund default investments,
Roth feature).
5. Other proposals.
6. New business.
CONTACT PERSON FOR MORE INFORMATION:
Thomas K. Emswiler, Committee
Management Officer, (202) 942–1660.
TIME AND DATE:
Dated: May 25, 2007.
Thomas K. Emswiler,
General Counsel, Federal Retirement Thrift
Investment Board.
[FR Doc. 07–2703 Filed 5–29–07; 9:44 am]
30383
reappointments to fill the vacancies
occurring this year.
DATES: Appointments are effective May
1, 2007 through April 30, 2010, except
as noted.
ADDRESSES: GAO: 441 G Street, NW.,
Washington, DC 20548. MedPAC: 601
New Jersey Avenue, NW., Suite 9000,
Washington, DC 20001.
FOR FURTHER INFORMATION CONTACT:
GAO Office of Public Affairs, (202) 512–
4800. MedPAC: Mark E. Miller, PhD,
(202) 220–3700.
SUPPLEMENTARY INFORMATION: To fill this
year’s vacancies I am announcing the
following:
Newly appointed members are
Thomas M. Dean, M.D., Chief of Staff,
Avera Weskota Memorial Medical
Center; Jack C. Ebeler, Independent
consultant; and Bruce Stuart, PhD,
professor and executive director, Peter
Lamy Center on Drug Therapy and
Aging, University of Maryland
Baltimore. Professor Stuart is appointed
to complete the remaining two years of
Douglas Holtz-Eakin’s three-year term
that began in 2006. Holtz-Eakin resigned
from his position on MedPAC effective
May 2, 2007.
Reappointed members are John M.
Bertko, F.S.A., M.A.A.A., vice president
and chief actuary, Humana Inc.; Francis
J. Crosson, M.D., executive director, the
Permanente Federation, LLC; Arnold
Milstein, M.D., M.P.H., medical
director, Pacific Business Group on
Health; and William J. Scanlon, PhD,
health policy consultant.
(Sec. 4022, Pub. L. 105–33, 111 Stat. 251,
350)
David M. Walker,
Comptroller General of the United States.
[FR Doc. 07–2680 Filed 5–30–07; 8:45 am]
BILLING CODE 1610–02–M
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DEPARTMENT OF HEALTH AND
HUMAN SERVICES
GOVERNMENT ACCOUNTABILITY
OFFICE
Agency for Healthcare Research and
Quality
Appointments to the Medicare
Payment Advisory Commission
Notice of Meeting
Government Accountability
Office (GAO).
ACTION: Notice of appointments.
AGENCY:
SUMMARY: The Balanced Budget Act of
1997 established the Medicare Payment
Advisory Commission (MedPAC) and
gave the Comptroller General
responsibility for appointing its
members. This notice announces three
new appointments and four
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In accordance with section 10(d) of
the Federal Advisory Committee Act (5
U.S.C., Appendix 2), announcement is
made of a Health Care Policy and
Research Special Emphasis Panel (SEP)
meeting.
A Special Emphasis Panel is a group
of experts in fields related to health care
research who are invited by the Agency
for Healthcare Research and Quality
(AHRQ), and agreed to be available, to
conduct on an as needed basis,
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30384
Federal Register / Vol. 72, No. 104 / Thursday, May 31, 2007 / Notices
scientific reviews of applications for
AHRQ support. Individual members of
the Panel do not attend regularlyscheduled meetings and do not serve for
fixed terms or a long period of time.
Rather, they are asked to participate in
particular review meetings which
require their type of expertise.
Substantial segments of the upcoming
SEP meeting listed below will be closed
to the public in accordance with the
Federal Advisory Committee Act,
section 10(d) of 5 U.S.C., Appendix 2
and 5 U.S.C. 552b(c)(6). Grant
applications for ‘‘Ambulatory Safety and
Quality Program: Improving Quality
through Clinician Use of Health IT
(R18),’’ are to be reviewed and
discussed at this meeting. These
discussions are likely to reveal personal
information concerning individuals
associated with the applications. This
information is exempt from mandatory
disclosure under the above-cited
statutes.
SEP Meeting on: Ambulatory Safety and
Quality Program: Improving Quality through
Clinician Use of Health IT (R18).
Date: July 10–12, 2007 (Open on July 11
from 8 a.m. to 8:15 a.m. and closed for the
remainder of the meeting).
Place: Gaithersburg Marriott
Washingtonian Center, 9751 Washingtonian
Boulevard, Gaithersburg, Maryland 20878.
Contact Person: Anyone wishing to obtain
a roster of members, agenda or minutes of the
non-confidential portions of this meeting
should contact Mrs. Bonnie Campbell,
Committee Management Officer, Office of
Extramural Research, Education and Priority
Populations, AHRQ, 540 Gaither Road, Room
2038, Rockville, Maryland 20850, Telephone
(301) 427–1554.
Agenda items for this meeting are subject
to change as priority dictate.
Dated: May 22, 2007.
Carolyn M. Clancy,
Director.
[FR Doc. 07–2688 Filed 5–30–07; 8:45 am]
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Agency for Healthcare Research and
Quality Contract Review Meeting
In accordance with section 10(a) of
the Federal Advisory Committee Act as
amended (5 U.S.C., Appendix 2),
announcement is made of an Agency for
Healthcare Research and Quality
(AHRQ) Technical Review Committee
(TRC) meeting. This TRC’s charge is to
provide, on behalf of AHRQ, review of
contract proposals and
recommendations to the Director,
AHRQ, regarding the technical merit of
proposals submitted in response to a
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Dated: May 22, 2007.
Carolyn M. Clancy,
Director.
[FR Doc. 07–2681 Filed 5–25–07; 10:42 am]
BILLING CODE 4160–90–M
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Disease, Disability, and Injury
Prevention and Control Special
Emphasis Panel: Occupational Health
and Safety Research Member Conflict,
Program Announcement (PA) 04–038
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
16:01 May 30, 2007
Name of TRC: The Agency for HealthCare
Research and Quality, ‘‘Evidence-based
Practice Centers’’.
Date: June 11–12, 2007.
Place: Agency for HealthCare Research and
Quality, 540 Gaither Road, Conference
Center, Rockville, Maryland 20850.
Contact Person: Anyone wishing to obtain
information regarding this meeting should
contact Beth Collins-Sharp, Center for
Outcomes and Evidence, 540 Gaither Road,
Rockville, Maryland 20850, (301) 427–1503.
Centers for Disease Control and
Prevention
BILLING CODE 4160–90–M
VerDate Aug<31>2005
Request for Proposals (RFPs) regarding
‘‘Evidence-based Practice Centers’’,
issued on March 8, 2007.
The upcoming TRC meeting will be
closed to the public in accordance with
the Federal Advisory Committee Act
(FACA), section 10(d) of 5 U.S.C.,
Appendix 2, implementing regulations,
and procurement regulations, 41 CFR
101–6.1023 and 48 CFR section
315.604(d). The discussions at this
meeting of contract proposals submitted
in response to the above-referenced RFP
are likely to reveal proprietary and
personal information concerning
individuals associated with the
proposals. Such information is exempt
from disclosure under the above-cited
FACA provision that protects the free
exchange of candid views, and under
the procurement rules that prevent
undue interference with Committee and
Department operations.
In accordance with section 10(a)(2) of
the Federal Advisory Committee Act
(Pub. L. 92–463), the Centers for Disease
Control and Prevention (CDC)
announces a meeting of the
aforementioned Special Emphasis
Panel.
Time and Date: 1 p.m.–4 p.m., July 12,
2007 (Closed).
Place: Teleconference.
Status: The meeting will be closed to the
public in accordance with provisions set
forth in section 552b(c)(4) and (6), Title 5
U.S.C., and the Determination of the Director,
Management Analysis and Services Office,
CDC, pursuant to Public Law 92–463.
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Matters To Be Discussed: The meeting will
include the review, discussion, and
evaluation of research grant applications in
response to ‘‘Occupational Health and Safety
Research Member Conflict,’’ PA 04–038.
Contact Person for More Information:
George Bockosh, Scientific Review
Administrator, 625 Cochrans Mill Road,
Mailstop P–05, Pittsburgh, PA 15222,
telephone (412) 386–6465.
The Director, Management Analysis and
Services Office, has been delegated the
authority to sign Federal Register notices
pertaining to announcements of meetings and
other committee management activities, for
both CDC and the Agency for Toxic
Substances and Disease Registry.
Dated: May 24, 2007.
Elaine L. Baker,
Acting Director, Management Analysis and
Services Office, Centers for Disease Control
and Prevention.
[FR Doc. E7–10421 Filed 5–30–07; 8:45 am]
BILLING CODE 4163–18–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
Disease, Disability, and Injury
Prevention and Control Special
Emphasis Panel: Applied Research in
Antimicrobial Resistance: Studies of
Susceptibility Testing on Gramnegative Multidrug Resistant
Organisms, Funding Opportunity
Announcement (FOA) CI07–003
In accordance with section 10(a)(2) of
the Federal Advisory Committee Act
(Pub. L. 92–463), the Centers for Disease
Control and Prevention (CDC)
announces a meeting of the
aforementioned Special Emphasis
Panel.
Time and Date: 12 p.m.–4 p.m., June 28,
2007 (Closed).
Place: Teleconference.
Status: The meeting will be closed to the
public in accordance with provisions set
forth in section 552b(c)(4) and (6), Title 5
U.S.C., and the Determination of the Director,
Management Analysis and Services Office,
CDC, pursuant to Public Law 92–463.
Matters to be Discussed: The meeting will
include the review, discussion, and
evaluation of research grant applications in
response to FOA CI07–003, ‘‘Applied
Research in Antimicrobial Resistance:
Studies of Susceptibility Testing on Gramnegative Multidrug Resistant Organisms.’’
Contact Person for More Information:
Trudy Messmer, PhD, Scientific Review
Administrator, 1600 Clifton Road, Mailstop
C–19, Atlanta, GA 30333, telephone (404)
639–2176.
The Director, Management Analysis and
Services Office, has been delegated the
authority to sign Federal Register notices
pertaining to announcements of meetings and
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Agencies
[Federal Register Volume 72, Number 104 (Thursday, May 31, 2007)]
[Notices]
[Pages 30383-30384]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-2688]
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Agency for Healthcare Research and Quality
Notice of Meeting
In accordance with section 10(d) of the Federal Advisory Committee
Act (5 U.S.C., Appendix 2), announcement is made of a Health Care
Policy and Research Special Emphasis Panel (SEP) meeting.
A Special Emphasis Panel is a group of experts in fields related to
health care research who are invited by the Agency for Healthcare
Research and Quality (AHRQ), and agreed to be available, to conduct on
an as needed basis,
[[Page 30384]]
scientific reviews of applications for AHRQ support. Individual members
of the Panel do not attend regularly-scheduled meetings and do not
serve for fixed terms or a long period of time. Rather, they are asked
to participate in particular review meetings which require their type
of expertise.
Substantial segments of the upcoming SEP meeting listed below will
be closed to the public in accordance with the Federal Advisory
Committee Act, section 10(d) of 5 U.S.C., Appendix 2 and 5 U.S.C.
552b(c)(6). Grant applications for ``Ambulatory Safety and Quality
Program: Improving Quality through Clinician Use of Health IT (R18),''
are to be reviewed and discussed at this meeting. These discussions are
likely to reveal personal information concerning individuals associated
with the applications. This information is exempt from mandatory
disclosure under the above-cited statutes.
SEP Meeting on: Ambulatory Safety and Quality Program: Improving
Quality through Clinician Use of Health IT (R18).
Date: July 10-12, 2007 (Open on July 11 from 8 a.m. to 8:15 a.m.
and closed for the remainder of the meeting).
Place: Gaithersburg Marriott Washingtonian Center, 9751
Washingtonian Boulevard, Gaithersburg, Maryland 20878.
Contact Person: Anyone wishing to obtain a roster of members,
agenda or minutes of the non-confidential portions of this meeting
should contact Mrs. Bonnie Campbell, Committee Management Officer,
Office of Extramural Research, Education and Priority Populations,
AHRQ, 540 Gaither Road, Room 2038, Rockville, Maryland 20850,
Telephone (301) 427-1554.
Agenda items for this meeting are subject to change as priority
dictate.
Dated: May 22, 2007.
Carolyn M. Clancy,
Director.
[FR Doc. 07-2688 Filed 5-30-07; 8:45 am]
BILLING CODE 4160-90-M