Standards for Mortgagor's Investment in Mortgaged Property: Extension of Public Comment Period, 37500-37501 [07-3357]

Download as PDF 37500 Federal Register / Vol. 72, No. 131 / Tuesday, July 10, 2007 / Proposed Rules explain in simple and clear language what we have determined and the reasons for and the effect of our determination. If our determination involves a determination of disability that is in whole or in part unfavorable to you, our written notice also will contain in understandable language a statement of the case setting forth the evidence on which our determination is based. The notice also will inform you of your right to review by a Federal reviewing official and explain your right to representation. We will not mail a notice if the beneficiary’s entitlement to benefits has ended because of his or her death. Subpart I—[Removed] 17. Remove and reserve subpart I, consisting of §§ 405.801 through 405.850. PART 416—SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED Subpart I—[Amended] 18. The authority citation for subpart I is revised to read as follows: Authority: Secs. 702(a)(5), 1611, 1614, 1619, 1631(a), (c), (d)(1), and (p), and 1633 of the Social Security Act (42 U.S.C. 902(a)(5), 1382, 1382c, 1382h, 1383(a), (c), (d)(1), and (p), and 1383b); secs. 4(c) and 5, 6(c)–(e), 14(a), and 15, Pub. L. 98–460, 98 Stat. 1794, 1801, 1802, and 1808 (42 U.S.C. 421 note, 423 note, 1382h note). 19. Amend § 416.903 by removing the last sentence in paragraph (a). Subpart J—[Amended] 20. The authority citation for subpart J continues to read as follows: Authority: Secs. 702(a)(5), 1614, 1631, and 1633 of the Social Security Act (42 U.S.C. 902(a)(5), 1382c, 1383, and 1383b). 21. Amend § 416.1002 by adding a definition for ‘‘Quick disability determination,’’ to read as follows: § 416.1002 Definitions. rmajette on PROD1PC64 with PROPOSALS * * * * * Quick disability determination means an initial determination on a claim that we have identified as one that reflects a high degree of probability that you will be found disabled and where we expect that your allegations will be easily and quickly verified. * * * * * 22. Amend § 416.1003 by revising paragraph (c)(2) to read as follows: § 416.1003 Basic responsibilities for us and the State. * * * VerDate Aug<31>2005 * * 15:19 Jul 09, 2007 Jkt 211001 (c) * * * (2) Provide an organizational structure, adequate facilities, qualified personnel, medical consultant services, designated quick disability determination examiners (§§ 416.1019 and 416.1020(c)), and a quality assurance function (§§ 416.1020 through 416.1024); * * * * * 23. Add a new § 416.1019 under the new undesignated center heading QUICK DISABILITY DETERMINATIONS to read as follows: § 416.1019 process. Quick disability determination (a) If we identify a claim as one involving a high degree of probability that the individual is disabled, and we expect that the individual’s allegations will be easily and quickly verified, we will refer the claim to the State agency for consideration under the quick disability determination process pursuant to this section and § 416.1020(c). (b) If we refer a claim to the State agency for a quick disability determination, a designated quick disability determination examiner must: (1) Have a medical or psychological consultant verify that the medical evidence in the file is sufficient to determine that, as of the alleged onset date, the individual’s physical or mental impairment(s) meets the standards we establish for making quick disability determinations; (2) Make quick disability determinations based only on the medical and nonmedical evidence in the files; and (3) Subject to the provisions in paragraph (c) of this section, make the quick disability determination by applying the rules in subpart I of this part. (c) If the quick disability determination examiner cannot make a determination that is fully favorable to the individual or if there is an unresolved disagreement between the disability examiner and the medical or psychological consultant, the State agency will adjudicate the claim using the regularly applicable procedures in this subpart. 24. Amend § 416.1020 by adding a new paragraph (c) to read as follows: § 416.1020 General administrative requirements. * * * * * (c) Each State agency will designate experienced disability examiners to handle claims we refer to it under § 416.1019(a). PO 00000 Frm 00031 Fmt 4702 Sfmt 4702 Subpart N—[Amended] 25. The authority citation for subpart N continues to read as follows: Authority: Secs. 702(a)(5), 1631, and 1633 of the Social Security Act (42 U.S.C. 902(a)(5), 1383, and 1383b); sec. 202, Pub. L. 108–203, 118 Stat. 509 (42 U.S.C. 902 note). 26. Amend § 416.1403 by revising paragraphs (a)(22) and (a)(23) to read as follows: § 416.1403 Administrative actions that are not initial determinations. (a) * * * (22) Determining whether to select your claim for the quick disability determination process under § 416.1019; (23) The removal of your claim from the quick disability determination process under § 416.1019; * * * * * 27. Amend § 416.1404 by revising paragraph (a), removing existing paragraph (b) and redesignating existing paragraph (c) as paragraph (b), to read as follows: § 416.1404 Notice of the initial determination. (a) We will mail a written notice of our initial determination to you at your last known address. The written notice will explain in simple and clear language what we have determined and the reasons for and the effect of our determination. If our determination involves a determination of disability that is in whole or in part unfavorable to you, our written notice also will contain in understandable language a statement of the case setting forth the evidence on which our determination is based. The notice also will inform you of your right reconsideration. We will not mail a notice if the beneficiary’s entitlement to benefits has ended because of his or her death. * * * * * [FR Doc. E7–13288 Filed 7–9–07; 8:45 am] BILLING CODE 4191–02–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 24 CFR Part 203 [Docket No. FR–5087–N–02] RIN 2502–AI52 Standards for Mortgagor’s Investment in Mortgaged Property: Extension of Public Comment Period Office of the Assistant Secretary for Housing’Federal Housing Commissioner, HUD. AGENCY: E:\FR\FM\10JYP1.SGM 10JYP1 Federal Register / Vol. 72, No. 131 / Tuesday, July 10, 2007 / Proposed Rules Notice: Extension of Public Comment Period. ACTION: This notice extends the public comment period for an additional 30day period for HUD’s proposed rule on Standards for Mortgagor’s Investment in Mortgaged Property, published on May 11, 2007. DATES: The comment period for the proposed rule published a 72 FR 27048, May 11, 2007, is extended until August 10, 2007. ADDRESSES: Interested persons are invited to submit comments regarding this rule to the Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 Seventh Street, SW., Room 10276, Washington, DC 20410–0500. Communications should refer to the above docket number and title. Comment by Mail. Please note that due to security measures at all federal agencies, submission of comments by mail often results in delayed delivery. Electronic Submission of Comments. HUD now accepts comments electronically. Interested persons may now submit comments electronically through the Federal eRulemaking Portal at www.regulations.gov. HUD strongly encourages commenters to submit comments electronically. Electronic submission of comments allows the commenter maximum time to prepare and submit a comment, ensures timely receipt by HUD, and enables HUD to make them immediately available for public viewing. Commenters should follow the instructions provided at www.regulations.gov to submit comments electronically. No Facsimile Comments. Facsimile (Fax) comments are not acceptable. In all cases, communications must refer to the docket number and title. Public Inspection of Public Comments. All comments and communications submitted will be available, without revision, for inspection and downloading at www.regulations.gov. Comments are also available for public inspection and copying between 8 a.m. and 5 p.m. weekdays at the Office of Regulations. Due to security measures at the HUD Headquarters building, please schedule an appointment to review the comments by calling the Regulations Division at (202) 708–3055 (this is not a toll-free number). rmajette on PROD1PC64 with PROPOSALS SUMMARY: 708–2121 (this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Information Relay Service at (800) 877–8339. DEPARTMENT OF LABOR SUPPLEMENTARY INFORMATION: [Docket No. OSHA–2007–0024] Jkt 211001 29 CFR Part 1910 RIN 1218–AC 23 HUD published a proposed rule entitled ‘‘Standards for Mortgagor’s Investment in Mortgaged Property’’ on May 11, 2007 (72 FR 27048). Through this rule, HUD proposes to codify in regulation specific standards governing a mortgagor’s investment in property for which the mortgage is insured by the Federal Housing Administration (FHA). Specifically, this proposed rule would codify HUD’s longstanding practice, authorized by statute, of allowing a mortgagor’s investment to be derived from gifts by family members and certain organizations. The standards would address a situation in which the mortgagor’s investment is derived from a gift, loan, or other payment that is provided by any donor, including an individual or an organization, and would also specify prohibited sources for a mortgagor’s investment. The proposed rule would establish that a prohibited source of downpayment assistance is a payment that consists, in whole or in part, of funds provided by any of the following parties before, during, or after closing of the property sale: (1) The seller, or any other person or entity that financially benefits from the transaction; or (2) any third party or entity that is reimbursed directly or indirectly by any of the parties listed in clause (1). Regulatory Flexibility Act Review of the Methylene Chloride Standard Extension of Public Comment Period HUD’s May 11, 2007, proposed rule provides for the public comment period to end on July 10, 2007. Due to significant interest in this rule, HUD is extending the public comment period, for an additional 30-day period, to August 10, 2007. Dated: July 5, 2007. Brian D. Montgomery, Assistant Secretary for Housing—Federal Housing Commissioner. [FR Doc. 07–3357 Filed 7–6–07; 11:24 am] BILLING CODE 4210–67–P James Beavers, Acting Director, Office of Single Family Program Development, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; telephone (202) 15:19 Jul 09, 2007 Occupational Safety and Health Administration Background FOR FURTHER INFORMATION CONTACT: VerDate Aug<31>2005 37501 PO 00000 Frm 00032 Fmt 4702 Sfmt 4702 Occupational Safety and Health Administration, Labor. ACTION: Request for comments. AGENCY: SUMMARY: The Occupational Safety and Health Administration (OSHA) is conducting a review of its Methylene Chloride Standard under Section 610 of the Regulatory Flexibility Act and Section 5 of Executive Order 12866 on Regulatory Planning and Review. In 1997, OSHA promulgated the Standard to protect workers from occupational exposure to methylene chloride. The purpose of this review is to determine whether there are ways to modify this Standard to reduce regulatory burden on small business and to improve its effectiveness. Written comments on these and other relevant issues are welcomed. DATES: Written comments to OSHA must be sent or postmarked by October 9, 2007. ADDRESSES: You may submit comments by any of the following methods: Electronically: You may submit comments and attachments electronically at https:// www.regulations.gov, which is the Federal eRulemaking Portal. Follow the instructions on-line for making electronic submissions. Fax: If your submissions, including attachments, are not longer than 10 pages, you may fax them to the OSHA Docket Office at (202) 693–1648. Mail, hand delivery, express mail, messenger and courier service: You must submit three copies of your comments and attachments to the OSHA Docket Office, Docket No. OSHA–2007– 0024, U.S. Department of Labor, Room N–2625, 200 Constitution Avenue, NW., Washington, DC 20210. Deliveries (hand, express mail, messenger and courier service) are accepted during the Department of Labor’s and Docket Office’s normal business hours, 8:15 a.m.–4:45 p.m., Eastern Time. Instructions: All submissions must include the Agency name and the OSHA docket number for this rulemaking, (OSHA–2007–0024). Submissions are placed in the public docket without change and may be available online at E:\FR\FM\10JYP1.SGM 10JYP1

Agencies

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Federal Register Volume 72, Number 131 (Tuesday, July 10, 2007)]
[Proposed Rules]
[Pages 37500-37501]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-3357]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Part 203

[Docket No. FR-5087-N-02]
RIN 2502-AI52


Standards for Mortgagor's Investment in Mortgaged Property: 
Extension of Public Comment Period

AGENCY: Office of the Assistant Secretary for Housing'Federal Housing 
Commissioner, HUD.

[[Page 37501]]


ACTION: Notice: Extension of Public Comment Period.

-----------------------------------------------------------------------

SUMMARY: This notice extends the public comment period for an 
additional 30-day period for HUD's proposed rule on Standards for 
Mortgagor's Investment in Mortgaged Property, published on May 11, 
2007.

DATES: The comment period for the proposed rule published a 72 FR 
27048, May 11, 2007, is extended until August 10, 2007.

ADDRESSES: Interested persons are invited to submit comments regarding 
this rule to the Regulations Division, Office of General Counsel, 
Department of Housing and Urban Development, 451 Seventh Street, SW., 
Room 10276, Washington, DC 20410-0500. Communications should refer to 
the above docket number and title.
    Comment by Mail. Please note that due to security measures at all 
federal agencies, submission of comments by mail often results in 
delayed delivery.
    Electronic Submission of Comments. HUD now accepts comments 
electronically. Interested persons may now submit comments 
electronically through the Federal eRulemaking Portal at 
www.regulations.gov. HUD strongly encourages commenters to submit 
comments electronically. Electronic submission of comments allows the 
commenter maximum time to prepare and submit a comment, ensures timely 
receipt by HUD, and enables HUD to make them immediately available for 
public viewing. Commenters should follow the instructions provided at 
www.regulations.gov to submit comments electronically.
    No Facsimile Comments. Facsimile (Fax) comments are not acceptable. 
In all cases, communications must refer to the docket number and title.
    Public Inspection of Public Comments. All comments and 
communications submitted will be available, without revision, for 
inspection and downloading at www.regulations.gov. Comments are also 
available for public inspection and copying between 8 a.m. and 5 p.m. 
weekdays at the Office of Regulations. Due to security measures at the 
HUD Headquarters building, please schedule an appointment to review the 
comments by calling the Regulations Division at (202) 708-3055 (this is 
not a toll-free number).

FOR FURTHER INFORMATION CONTACT: James Beavers, Acting Director, Office 
of Single Family Program Development, Department of Housing and Urban 
Development, 451 Seventh Street, SW., Washington, DC 20410; telephone 
(202) 708-2121 (this is not a toll-free number). Persons with hearing 
or speech impairments may access this number through TTY by calling the 
toll-free Federal Information Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION:

Background

    HUD published a proposed rule entitled ``Standards for Mortgagor's 
Investment in Mortgaged Property'' on May 11, 2007 (72 FR 27048). 
Through this rule, HUD proposes to codify in regulation specific 
standards governing a mortgagor's investment in property for which the 
mortgage is insured by the Federal Housing Administration (FHA). 
Specifically, this proposed rule would codify HUD's longstanding 
practice, authorized by statute, of allowing a mortgagor's investment 
to be derived from gifts by family members and certain organizations.
    The standards would address a situation in which the mortgagor's 
investment is derived from a gift, loan, or other payment that is 
provided by any donor, including an individual or an organization, and 
would also specify prohibited sources for a mortgagor's investment. The 
proposed rule would establish that a prohibited source of downpayment 
assistance is a payment that consists, in whole or in part, of funds 
provided by any of the following parties before, during, or after 
closing of the property sale: (1) The seller, or any other person or 
entity that financially benefits from the transaction; or (2) any third 
party or entity that is reimbursed directly or indirectly by any of the 
parties listed in clause (1).

Extension of Public Comment Period

    HUD's May 11, 2007, proposed rule provides for the public comment 
period to end on July 10, 2007. Due to significant interest in this 
rule, HUD is extending the public comment period, for an additional 30-
day period, to August 10, 2007.

    Dated: July 5, 2007.
Brian D. Montgomery,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 07-3357 Filed 7-6-07; 11:24 am]
BILLING CODE 4210-67-P

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