NARA Facility Locations and Hours, 47439-47440 [E9-22403]
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Federal Register / Vol. 74, No. 178 / Wednesday, September 16, 2009 / Rules and Regulations
a guarantee on, or other form of credit
enhancement for, a recourse or
nonrecourse obligation, so long as the
obligation continues to be principally
secured by an interest in real property
following the release, substitution,
addition, or other alteration as
determined by paragraph (b)(7) of this
section; and
(vi) A change in the nature of the
obligation from recourse (or
substantially all recourse) to
nonrecourse (or substantially all
nonrecourse), or from nonrecourse (or
substantially all nonrecourse) to
recourse (or substantially all recourse),
so long as the obligation continues to be
principally secured by an interest in real
property following such a change as
determined by paragraph (b)(7) of this
section.
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(7) Test for determining whether an
obligation continues to be principally
secured following certain types of
modifications. (i) For purposes of
paragraphs (a)(8)(i), (b)(3)(v), and
(b)(3)(vi) of this section, the obligation
continues to be principally secured by
an interest in real property following the
modification only if, as of the date of the
modification, the obligation satisfies
either paragraph (b)(7)(ii) or paragraph
(b)(7)(iii) of this section.
(ii) The fair market value of the
interest in real property securing the
obligation, determined as of the date of
the modification, must be at least 80
percent of the adjusted issue price of the
modified obligation, determined as of
the date of the modification. If, as of the
date of the modification, the servicer
reasonably believes that the obligation
satisfies the criterion in the preceding
sentence, then the obligation is deemed
to do so. A reasonable belief does not
exist if the servicer actually knows, or
has reason to know, that the criterion is
not satisfied. For purposes of this
paragraph (b)(7)(ii), a servicer must base
a reasonable belief on—
(A) A current appraisal performed by
an independent appraiser;
(B) An appraisal that was obtained in
connection with the origination of the
obligation and, if appropriate, that has
been updated for the passage of time
and for any other changes that might
affect the value of the interest in real
property;
(C) The sales price of the interest in
real property in the case of a
substantially contemporary sale in
which the buyer assumes the seller’s
obligations under the mortgage; or
(D) Some other commercially
reasonable valuation method.
(iii) If paragraph (b)(7)(ii) of this
section is not satisfied, the fair market
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value of the interest in real property that
secures the obligation immediately after
the modification must equal or exceed
the fair market value of the interest in
real property that secured the obligation
immediately before the modification.
The criterion in the preceding sentence
must be established by a current
appraisal, an original (and updated)
appraisal, or some other commercially
reasonable valuation method; and the
servicer must not actually know, or have
reason to know, that the criterion in the
preceding sentence is not satisfied.
(iv) Example. The following example
illustrates the rules of this paragraph
(b)(7).
Example. (i) S services mortgage loans that
are held by R, a REMIC. Borrower B is the
issuer of one of the mortgage loans held by
R. The original amount of B’s mortgage loan
was $100,000, and the loan was secured by
real property X. At the time the loan was
contributed to R, property X had a fair market
value of $90,000. Sometime after the loan
was contributed to R, B experienced financial
difficulties such that it was reasonably
foreseeable that B might default on the loan
if the loan was not modified. Accordingly, S
altered various terms of B’s loan to
substantially reduce the risk of default. The
alterations included the release of the lien on
property X and the substitution of real
property Y for property X as collateral for the
loan. At the time the loan was modified, its
adjusted issue price was $100,000. The fair
market value of property X immediately
before the modification (as determined by a
commercially reasonable valuation method)
was $70,000, and the fair market value of
property Y immediately after the
modification (as determined by a
commercially reasonable valuation method)
was $75,000.
(ii) The alterations to B’s loan are a
significant modification within the meaning
of § 1.1001–3(e). The modification, however,
is described in paragraphs (a)(8)(i) and (b)(3)
of this section. Accordingly, the modified
loan continues to be a qualified mortgage if,
immediately after the modification, the
modified loan continues to be principally
secured by an interest in real property, as
determined by paragraph (b)(7) of this
section.
(iii) Because the modification includes the
release of the lien on property X and
substitution of property Y for property X, the
modified loan must satisfy paragraph (b)(7)(i)
of this section (which requires satisfaction of
either paragraph (b)(7)(ii) or paragraph
(b)(7)(iii) of this section). The modified loan
does not satisfy paragraph (b)(7)(ii) of this
section because property Y is worth less than
$80,000 (the amount equal to 80 percent of
the adjusted issue price of the modified
mortgage loan). The modified loan, however,
satisfies paragraph (b)(7)(iii) of this section
because the fair market value of the interest
in real estate (real property Y) that secures
the obligation immediately after the
modification ($75,000) exceeds the fair
market value of the interest in real estate (real
property X) that secured the obligation
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immediately before the modification
($70,000). Accordingly, the modified loan
satisfies paragraph (b)(7)(i) of this section and
continues to be principally secured by an
interest in real property.
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PART 602—OMB CONTROL NUMBERS
UNDER THE PAPERWORK
REDUCTION ACT
Par. 5. The authority citation for part
602 continues to read as follows:
■
Authority: 26 U.S.C. 7805.
Par. 6. Section 602.101, paragraph (b)
is amended by adding the entry in
numerical order to the table to read as
follows:
■
§ 602.101
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OMB Control numbers.
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(b) * * *
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CFR part or section where
identified and described
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1.860G–2 ..............................
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Current OMB
control no.
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1545–2110
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Approved: September 9, 2009.
Linda M. Kroening,
Acting Deputy Commissioner for Services and
Enforcement.
Michael Mundaca,
Acting Assistant Secretary of the Treasury
(Tax Policy).
[FR Doc. E9–22215 Filed 9–15–09; 8:45 am]
BILLING CODE 4830–01–P
NATIONAL ARCHIVES AND RECORDS
ADMINISTRATION
36 CFR Part 1253
[Docket NARA–09–0002]
RIN 3095–AB61
NARA Facility Locations and Hours
AGENCY: National Archives and Records
Administration (NARA).
ACTION: Final rule.
SUMMARY: NARA is changing the hours
open to the public for our Kansas City,
Missouri, and New York City regional
archives. The Kansas City regional
archives relocated on March 17, 2009, to
the Union Station Complex at 400 West
Pershing Road, Kansas City, Missouri.
NARA is shifting the hours open to the
public at the New York City regional
archives to better serve the public for
the range of hours covering the majority
of visits. This rule will affect the public.
E:\FR\FM\16SER1.SGM
16SER1
47440
DATES:
Federal Register / Vol. 74, No. 178 / Wednesday, September 16, 2009 / Rules and Regulations
Effective date: October 16, 2009.
Marilyn Redman at 301–837–3174.
SUPPLEMENTARY INFORMATION: The
location of NARA’s Kansas City regional
archives has changed. This document
updates 36 CFR Part 1253 with the new
location information. Also, NARA is
changing the hours for our Kansas City
location and existing New York City
location.
NARA published a proposed rule on
June 12, 2009, in the Federal Register
(74 FR 27956) for a 60 day public
comment period. We notified several of
our constituent groups by e-mail and
provided a notice about the proposed
rule on our Web site, https://
www.archives.gov. The public comment
period closed on August 11, 2009; we
received one public comment. The
commenter remarked only about the
change in hours and agreed that the
change made sense if that would assist
visitors. The commenter added that it
would be helpful to have one night
during the week or longer hours on
Saturday for those who cannot visit
during conventional business hours.
The comment does not specify whether
the concern relates to either, or to both,
research locations. If a need for
additional hours becomes evident in the
future, and available resources support
extending our hours, we will further
explore the matter. As a result, we have
made no changes in this final rule.
This rule is not a significant
regulatory action for the purposes of
Executive Order 12866 and has not been
reviewed by the Office of Management
and Budget (OMB). As required by the
Regulatory Flexibility Act, it is hereby
certified that this rule will not have a
significant impact on a substantial
number of small entities because this
rule applies to individual researchers.
This rule does not have any federalism
implications. This rule is not a major
rule as defined in 5 U.S.C. Chapter 8,
Congressional Review of Agency
Rulemaking.
sroberts on DSKD5P82C1PROD with RULES
List of Subjects in 36 CFR Part 1253
Archives and records.
■ For the reasons set forth in the
preamble, NARA amends part 1253 of
title 36, Code of Federal Regulations, as
follows:
PART 1253—LOCATIONS OF
RECORDS AND HOURS OF USE
1. The authority citation for part 1253
continues to read as follows:
■
Authority: 44 U.S.C. 2104(a).
2. Amend § 1253.7 by revising
paragraphs (c) and (g) as follows:
■
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§ 1253.7
Regional Archives.
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FOR FURTHER INFORMATION CONTACT:
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(c) NARA—Northeast Region (New
York City) is located at 201 Varick
Street, 12th Floor, New York, NY
10014–4811 (entrance on Houston
Street, between Varick and Hudson).
The hours are 9 a.m. to 5 p.m., Monday
through Friday. The telephone number
is 212–401–1620 or Toll Free 1–866–
840–1752.
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(g) NARA—Central Plains Region
(Kansas City) is located at 400 West
Pershing Road, Kansas City, MO 64108.
The hours are 8 a.m. to 4 p.m., Tuesday
through Saturday. The telephone
number is 816–268–8000.
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Dated: September 11, 2009.
Adrienne C. Thomas,
Acting Archivist of the United States.
[FR Doc. E9–22403 Filed 9–15–09; 8:45 am]
BILLING CODE 7515–01–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 180
[EPA–HQ–OPP–2008–0624; FRL–8431–1]
Boscalid; Pesticide Tolerances
AGENCY: Environmental Protection
Agency (EPA).
ACTION: Final rule.
SUMMARY: This regulation establishes
tolerances for residues of boscalid in or
on coffee, green bean imported and
amends the tolerance for banana,
imported. BASF, Inc., requested these
tolerances under the Federal Food,
Drug, and Cosmetic Act (FFDCA). This
regulation is also a removing tolerance
for cucumber, and one tolerance for
vegetable, root, subgroup 1A, except
sugar beet, garden beet, radish, and
turnip which are superceded with
higher tolerances formerly published in
the Federal Register of March 28, 2008
(73 FR 16553) (FRL–8354–4).
DATES: This regulation is effective
September 16, 2009. Objections and
requests for hearings must be received
on or before November 16, 2009, and
must be filed in accordance with the
instructions provided in 40 CFR part
178 (see also Unit I.C. of the
SUPPLEMENTARY INFORMATION).
ADDRESSES: EPA has established a
docket for this action under docket
identification (ID) number EPA–HQ–
OPP–2008–0624. All documents in the
docket are listed in the docket index
available at https://www.regulations.gov.
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Although listed in the index, some
information is not publicly available,
e.g., Confidential Business Information
(CBI) or other information whose
disclosure is restricted by statute.
Certain other material, such as
copyrighted material, is not placed on
the Internet and will be publicly
available only in hard copy form.
Publicly available docket materials are
available in the electronic docket at
https://www.regulations.gov, or, if only
available in hard copy, at the OPP
Regulatory Public Docket in Rm. S–
4400, One Potomac Yard (South Bldg.),
2777 S. Crystal Dr., Arlington, VA. The
Docket Facility is open from 8:30 a.m.
to 4 p.m., Monday through Friday,
excluding legal holidays. The Docket
Facility telephone number is (703) 305–
5805.
FOR FURTHER INFORMATION CONTACT:
Bryant Crowe, Registration Division
(7505P), Office of Pesticide Programs,
Environmental Protection Agency, 1200
Pennsylvania Ave., NW., Washington,
DC 20460–0001; telephone number:
(703) 305–0025; e-mail address:
crowe.bryant@epa.gov.
SUPPLEMENTARY INFORMATION:
I. General Information
A. Does this Action Apply to Me?
You may be potentially affected by
this action if you are an agricultural
producer, food manufacturer, or
pesticide manufacturer. Potentially
affected entities may include, but are
not limited to those engaged in the
following activities:
• Crop production (NAICS code 111).
• Animal production (NAICS code
112).
• Food manufacturing (NAICS code
311).
• Pesticide manufacturing (NAICS
code 32532).
This listing is not intended to be
exhaustive, but rather to provide a guide
for readers regarding entities likely to be
affected by this action. Other types of
entities not listed in this unit could also
be affected. The North American
Industrial Classification System
(NAICS) codes have been provided to
assist you and others in determining
whether this action might apply to
certain entities. If you have any
questions regarding the applicability of
this action to a particular entity, consult
the person listed under FOR FURTHER
INFORMATION CONTACT.
B. How Can I Access Electronic Copies
of this Document?
In addition to accessing electronically
available documents at https://
www.regulations.gov, you may access
E:\FR\FM\16SER1.SGM
16SER1
Agencies
[Federal Register Volume 74, Number 178 (Wednesday, September 16, 2009)]
[Rules and Regulations]
[Pages 47439-47440]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-22403]
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NATIONAL ARCHIVES AND RECORDS ADMINISTRATION
36 CFR Part 1253
[Docket NARA-09-0002]
RIN 3095-AB61
NARA Facility Locations and Hours
AGENCY: National Archives and Records Administration (NARA).
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: NARA is changing the hours open to the public for our Kansas
City, Missouri, and New York City regional archives. The Kansas City
regional archives relocated on March 17, 2009, to the Union Station
Complex at 400 West Pershing Road, Kansas City, Missouri. NARA is
shifting the hours open to the public at the New York City regional
archives to better serve the public for the range of hours covering the
majority of visits. This rule will affect the public.
[[Page 47440]]
DATES: Effective date: October 16, 2009.
FOR FURTHER INFORMATION CONTACT: Marilyn Redman at 301-837-3174.
SUPPLEMENTARY INFORMATION: The location of NARA's Kansas City regional
archives has changed. This document updates 36 CFR Part 1253 with the
new location information. Also, NARA is changing the hours for our
Kansas City location and existing New York City location.
NARA published a proposed rule on June 12, 2009, in the Federal
Register (74 FR 27956) for a 60 day public comment period. We notified
several of our constituent groups by e-mail and provided a notice about
the proposed rule on our Web site, https://www.archives.gov. The public
comment period closed on August 11, 2009; we received one public
comment. The commenter remarked only about the change in hours and
agreed that the change made sense if that would assist visitors. The
commenter added that it would be helpful to have one night during the
week or longer hours on Saturday for those who cannot visit during
conventional business hours. The comment does not specify whether the
concern relates to either, or to both, research locations. If a need
for additional hours becomes evident in the future, and available
resources support extending our hours, we will further explore the
matter. As a result, we have made no changes in this final rule.
This rule is not a significant regulatory action for the purposes
of Executive Order 12866 and has not been reviewed by the Office of
Management and Budget (OMB). As required by the Regulatory Flexibility
Act, it is hereby certified that this rule will not have a significant
impact on a substantial number of small entities because this rule
applies to individual researchers. This rule does not have any
federalism implications. This rule is not a major rule as defined in 5
U.S.C. Chapter 8, Congressional Review of Agency Rulemaking.
List of Subjects in 36 CFR Part 1253
Archives and records.
0
For the reasons set forth in the preamble, NARA amends part 1253 of
title 36, Code of Federal Regulations, as follows:
PART 1253--LOCATIONS OF RECORDS AND HOURS OF USE
0
1. The authority citation for part 1253 continues to read as follows:
Authority: 44 U.S.C. 2104(a).
0
2. Amend Sec. 1253.7 by revising paragraphs (c) and (g) as follows:
Sec. 1253.7 Regional Archives.
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(c) NARA--Northeast Region (New York City) is located at 201 Varick
Street, 12th Floor, New York, NY 10014-4811 (entrance on Houston
Street, between Varick and Hudson). The hours are 9 a.m. to 5 p.m.,
Monday through Friday. The telephone number is 212-401-1620 or Toll
Free 1-866-840-1752.
* * * * *
(g) NARA--Central Plains Region (Kansas City) is located at 400
West Pershing Road, Kansas City, MO 64108. The hours are 8 a.m. to 4
p.m., Tuesday through Saturday. The telephone number is 816-268-8000.
* * * * *
Dated: September 11, 2009.
Adrienne C. Thomas,
Acting Archivist of the United States.
[FR Doc. E9-22403 Filed 9-15-09; 8:45 am]
BILLING CODE 7515-01-P