Loan Guaranty: Elimination of Redundant Regulations, 33704-33705 [2010-14156]
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33704
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Rules and Regulations
exclusion determination are available in
the docket where indicated under
ADDRESSES.
List of Subjects in 33 CFR Part 165
Dated: June 3, 2010.
S.E. Mehling,
Rear Admiral, U.S. Coast Guard, Commander,
Fourteenth Coast Guard District.
[FR Doc. 2010–14298 Filed 6–14–10; 8:45 am]
Harbors, Marine safety, Navigation
(water), Reporting and recordkeeping
requirements, Security measures,
Waterways.
BILLING CODE 9110–04–P
DEPARTMENT OF VETERANS
AFFAIRS
For the reasons discussed in the
preamble, the Coast Guard amends 33
CFR part 165 as follows:
■
38 CFR Part 36
RIN 2900–AN71
PART 165—REGULATED NAVIGATION
AREAS AND LIMITED ACCESS AREAS
Loan Guaranty: Elimination of
Redundant Regulations
1. The authority citation for part 165
continues to read as follows:
AGENCY:
Authority: 33 U.S.C. 1226, 1231; 46 U.S.C.
Chapter 701, 3306, 3703; 50 U.S.C. 191, 195;
33 CFR 1.05–1, 6.04–1, 6.04–6, 160.5; Pub. L.
107–295, 116 Stat. 2064; Department of
Homeland Security Delegation No. 0170.1.
SUMMARY: This document eliminates
redundant and obsolete provisions in
the Department of Veterans Affairs (VA)
loan guaranty regulations. The
provisions being removed are no longer
necessary because the phase-in of VA’s
new loan administration rules is
complete.
DATES: Effective Date: June 15, 2010.
FOR FURTHER INFORMATION CONTACT:
Katherine Faliski, Assistant Director for
Loan Processing and Valuation (262),
Veterans Benefits Administration,
Department of Veterans Affairs, 810
Vermont Avenue, NW., Washington, DC
20420, telephone (202) 461–9527. (This
is not a toll-free telephone number.)
SUPPLEMENTARY INFORMATION: On
February 18, 2005 (70 FR 8472), VA
proposed to amend its loan guaranty
regulations to implement new program
requirements for the mortgage servicing
industry. The notice of proposed
rulemaking was followed by publication
of a supplemental notice regarding the
computer system for the new
requirements (71 FR 68498, Nov. 27,
2006) and a second supplemental notice
regarding VA’s proposal for phasing-in
the requirements (72 FR 30505, June 1,
2007). The second supplemental notice
stated: ‘‘When all industry segments
have been brought on-line, VA will
remove current §§ 36.4300 through
36.4393, and redesignate the new 4800
series to replace current §§ 36.4300
through 36.4393. At that time, all
program participants would be subject
to the new rules.’’
On February 1, 2008 (73 FR 6294), VA
published a final rule amending 38 CFR
part 36 to implement the new program
requirements. VA temporarily
designated then-existing provisions
found at 38 CFR 36.4300 through
36.4393 (the ‘‘36.4300 series’’) as a new
subpart B and established a new subpart
F to include new §§ 36.4800 through
■
■
ACTION:
2. Add § 165.1412 to read as follows:
mstockstill on DSKH9S0YB1PROD with RULES
§ 165.1412 Security Zone; Escorted U.S.
Navy Submarines in Sector Honolulu
Captain of the Port Zone.
(a) Location. The following area is a
security zone: all waters, from the
surface to the ocean floor, within 1,000
yards of any U.S. Navy submarine that
is (1) operating in the Sector Honolulu
Captain of the Port Zone, as defined in
33 CFR 3.70–10, and that (2) is being
escorted by the U.S. Coast Guard.
(b) Regulations. In accordance with
the general regulations in 33 CFR 165,
Subpart D, no person or vessel may
enter or remain in the security zone
created by paragraph (a) of this section
unless authorized by the Coast Guard
patrol commander. The Coast Guard
patrol commander may be contacted via
VHF Channel 16 or other means
reasonably available. 33 CFR part 165.30
and 165.33 contain additional
provisions applicable to the security
zone created in paragraph (a) of this
section.
(c) Effective period. This rule is
effective from 6:00 a.m. on June 12,
2010 Hawaiian Standard Time (HST).
(d) Notification. The Coast Guard
security escort will attempt, when
necessary and practicable, to notify any
persons or vessels inside or in the
vicinity of the security one created in
paragraph (a) of this section of the
zone’s existence via VHF Channel 16 or
other means reasonably available.
(e) Penalties. Vessels or persons
violating this rule are subject to the
penalties set forth in 33 U.S.C. 1232 and
50 U.S.C. 192.
VerDate Mar<15>2010
16:10 Jun 14, 2010
Jkt 220001
PO 00000
Department of Veterans Affairs.
Final rule.
Frm 00032
Fmt 4700
Sfmt 4700
36.4893 (the ‘‘36.4800 series’’). The
36.4800 series replicated most aspects of
the VA Loan Guaranty Program set forth
in the 36.4300 series, but also included
changes related to the servicing and
liquidating of guaranteed housing loans
in default, and the submission of
guaranty claims by loan holders.
VA implemented the phase-in of the
subpart F provisions over a period of 11
months and completed the process
during the 2nd quarter of FY 2009,
following which the 36.4300 series
became redundant and obsolete. Rather
than eliminating subpart B altogether,
however, we are redesignating the
36.4800 series to replace the 36.4300
series in its entirety. This action is
necessary because most program
participants are accustomed to referring
to the 36.4300 series for regulations
pertaining to the VA Loan Guaranty
Program.
Administrative Procedure Act
This final rule deletes only redundant
or obsolete provisions. It also
redesignates current regulations without
making any substantive changes.
Accordingly, it is exempt from the prior
notice-and-comment and delayedeffective-date requirements of 5 U.S.C.
553.
Executive Order 12866
Executive Order 12866 directs
agencies to assess all costs and benefits
of available regulatory alternatives and,
when regulation is necessary, to select
regulatory approaches that maximize
net benefits (including potential
economic, environmental, public health
and safety, and other advantages;
distributive impacts; and equity). The
Executive Order classifies a ‘‘significant
regulatory action,’’ requiring review by
the Office of Management and Budget
(OMB) unless OMB waives such review,
as any regulatory action that is likely to
result in a rule that may: (1) Have an
annual effect on the economy of $100
million or more or adversely affect in a
material way the economy, a sector of
the economy, productivity, competition,
jobs, the environment, public health or
safety, or State, local, or tribal
governments or communities; (2) create
a serious inconsistency or otherwise
interfere with an action taken or
planned by another agency; (3)
materially alter the budgetary impact of
entitlements, grants, user fees, or loan
programs or the rights and obligations of
recipients thereof; or (4) raise novel
legal or policy issues arising out of legal
mandates, the President’s priorities, or
the principles set forth in the Executive
Order.
E:\FR\FM\15JNR1.SGM
15JNR1
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Rules and Regulations
The economic, interagency,
budgetary, legal, and policy
implications of this rule have been
examined, and it has been determined
not to be a significant regulatory action
under Executive Order 12866.
Unfunded Mandates
The Unfunded Mandates Reform Act
of 1995 requires, at 2 U.S.C. 1532, that
agencies prepare an assessment of
anticipated costs and benefits before
issuing any rule that may result in
expenditure by State, local, and tribal
governments, in the aggregate, or by the
private sector, of $100 million or more
(adjusted annually for inflation) in any
given year. This rule will have no such
effect on State, local, and tribal
governments, or on the private sector.
This document contains no provisions
constituting a collection of information
under the Paperwork Reduction Act of
1995 (44 U.S.C. 3501–3521).
The initial and final regulatory
flexibility analysis requirements of
sections 603 and 604 of the Regulatory
Flexibility Act, 5 U.S.C. 601–612, are
not applicable to this rule because a
notice of proposed rulemaking is not
required. Even so, the Secretary hereby
certifies that this regulatory amendment
will not have a significant economic
impact on a substantial number of small
entities as they are defined in the
Regulatory Flexibility Act. This
amendment will not directly affect any
small entities. Therefore, this
amendment is also exempt pursuant to
5 U.S.C. 605(b) from the initial and final
regulatory flexibility analysis
requirements of sections 603–604.
Catalog of Federal Domestic Assistance
The Catalog of Federal Domestic
Assistance Program number and title for
the program affected by this document
are 64.114, Veterans Housing—
Guaranteed and Insured Loans.
Signing Authority
mstockstill on DSKH9S0YB1PROD with RULES
Dated: June 9, 2010.
Robert C. McFetridge,
Director of Regulation Policy and
Management, Office of the General Counsel.
For the reasons stated in the preamble,
VA amends 38 CFR part 36 as follows:
■
PART 36—LOAN GUARANTY
1. The authority citation for part 36
continues to read as follows:
■
Subpart B—[Removed]
■
2. Remove subpart B.
Subpart F—[Redesignated as Subpart
B]
Regulatory Flexibility Act
The Secretary of Veterans Affairs, or
designee, approved this document and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
electronically as an official document of
the Department of Veterans Affairs. John
R. Gingrich, Chief of Staff, Department
of Veterans Affairs, approved this
document on June 4, 2010 for
publication.
16:10 Jun 14, 2010
Condominiums, Handicapped,
Housing, Indians, Individuals with
disabilities, Loan programs—housing
and community development, Loan
programs—Indians, Loan programs—
veterans, Manufactured homes,
Mortgage insurance, Reporting and
recordkeeping requirements, Veterans.
Authority: 38 U.S.C. 501 and as otherwise
noted.
Paperwork Reduction Act of 1995
VerDate Mar<15>2010
List of Subjects in 38 CFR Part 36
Jkt 220001
3. Redesignate subpart F as new
subpart B.
■
§§ 36.4800 through 36.4893 [Redesignated
as §§ 36.4300 through 36.4393]
4. Redesignate §§ 36.4800 through
36.4893 as follows:
■
Old section
36.4800
36.4801
36.4802
36.4803
36.4804
36.4805
36.4806
36.4807
36.4808
36.4809
36.4810
36.4811
36.4812
36.4813
36.4814
36.4815
36.4816
36.4817
36.4818
36.4819
36.4820
36.4821
36.4822
36.4823
36.4824
36.4825
36.4826
36.4827
36.4828
36.4829
36.4830
36.4831
PO 00000
Frm 00033
New section
36.4300
36.4301
36.4302
36.4303
36.4304
36.4305
36.4306
36.4307
36.4308
36.4309
36.4310
36.4311
36.4312
36.4313
36.4314
36.4315
36.4316
36.4317
36.4318
36.4319
36.4320
36.4321
36.4322
36.4323
36.4324
36.4325
36.4326
36.4327
36.4328
36.4329
36.4330
36.4331
Fmt 4700
Sfmt 4700
Old section
36.4832
36.4833
36.4835
36.4836 [Reserved]
36.4837
36.4838
36.4839
36.4840
36.4841
36.4842
36.4843
36.4845
36.4846
36.4847
36.4848
36.4849
36.4850
36.4851
36.4852
36.4853
36.4854
36.4855
36.4856
36.4857
36.4858 [Reserved]
36.4859
36.4860
36.4861
36.4862
36.4863
36.4864
36.4865
36.4867
36.4868
36.4869
36.4870
36.4875
36.4877
36.4878
36.4879
36.4880
36.4890
36.4891
36.4892
36.4893
33705
New section
36.4332
36.4333
36.4335
36.4336 [Reserved]
36.4337
36.4338
36.4339
36.4340
36.4341
36.4342
36.4343
36.4345
36.4346
36.4347
36.4348
36.4349
36.4350
36.4351
36.4352
36.4353
36.4354
36.4355
36.4356
36.4357
36.4358 [Reserved]
36.4359
36.4360
36.4361
36.4362
36.4363
36.4364
36.4365
36.4367
36.4368
36.4369
36.4370
36.4375
36.4377
36.4378
36.4379
36.4380
36.4390
36.4391
36.4392
36.4393
[FR Doc. 2010–14156 Filed 6–14–10; 8:45 am]
BILLING CODE P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 156
[EPA–HQ–OPP–2005–0327; FRL–8830–7]
RIN 2070–AJ74
Pesticide Management and Disposal;
Standards for Pesticide Containers
and Containment; Change to Labeling
Compliance Date
AGENCY: Environmental Protection
Agency (EPA).
ACTION: Final rule.
SUMMARY: EPA is amending the
pesticide container and containment
regulations to provide a 4–month
extension of the 40 CFR 156.159
labeling compliance date from August
E:\FR\FM\15JNR1.SGM
15JNR1
Agencies
[Federal Register Volume 75, Number 114 (Tuesday, June 15, 2010)]
[Rules and Regulations]
[Pages 33704-33705]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14156]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF VETERANS AFFAIRS
38 CFR Part 36
RIN 2900-AN71
Loan Guaranty: Elimination of Redundant Regulations
AGENCY: Department of Veterans Affairs.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This document eliminates redundant and obsolete provisions in
the Department of Veterans Affairs (VA) loan guaranty regulations. The
provisions being removed are no longer necessary because the phase-in
of VA's new loan administration rules is complete.
DATES: Effective Date: June 15, 2010.
FOR FURTHER INFORMATION CONTACT: Katherine Faliski, Assistant Director
for Loan Processing and Valuation (262), Veterans Benefits
Administration, Department of Veterans Affairs, 810 Vermont Avenue,
NW., Washington, DC 20420, telephone (202) 461-9527. (This is not a
toll-free telephone number.)
SUPPLEMENTARY INFORMATION: On February 18, 2005 (70 FR 8472), VA
proposed to amend its loan guaranty regulations to implement new
program requirements for the mortgage servicing industry. The notice of
proposed rulemaking was followed by publication of a supplemental
notice regarding the computer system for the new requirements (71 FR
68498, Nov. 27, 2006) and a second supplemental notice regarding VA's
proposal for phasing-in the requirements (72 FR 30505, June 1, 2007).
The second supplemental notice stated: ``When all industry segments
have been brought on-line, VA will remove current Sec. Sec. 36.4300
through 36.4393, and redesignate the new 4800 series to replace current
Sec. Sec. 36.4300 through 36.4393. At that time, all program
participants would be subject to the new rules.''
On February 1, 2008 (73 FR 6294), VA published a final rule
amending 38 CFR part 36 to implement the new program requirements. VA
temporarily designated then-existing provisions found at 38 CFR 36.4300
through 36.4393 (the ``36.4300 series'') as a new subpart B and
established a new subpart F to include new Sec. Sec. 36.4800 through
36.4893 (the ``36.4800 series''). The 36.4800 series replicated most
aspects of the VA Loan Guaranty Program set forth in the 36.4300
series, but also included changes related to the servicing and
liquidating of guaranteed housing loans in default, and the submission
of guaranty claims by loan holders.
VA implemented the phase-in of the subpart F provisions over a
period of 11 months and completed the process during the 2nd quarter of
FY 2009, following which the 36.4300 series became redundant and
obsolete. Rather than eliminating subpart B altogether, however, we are
redesignating the 36.4800 series to replace the 36.4300 series in its
entirety. This action is necessary because most program participants
are accustomed to referring to the 36.4300 series for regulations
pertaining to the VA Loan Guaranty Program.
Administrative Procedure Act
This final rule deletes only redundant or obsolete provisions. It
also redesignates current regulations without making any substantive
changes. Accordingly, it is exempt from the prior notice-and-comment
and delayed-effective-date requirements of 5 U.S.C. 553.
Executive Order 12866
Executive Order 12866 directs agencies to assess all costs and
benefits of available regulatory alternatives and, when regulation is
necessary, to select regulatory approaches that maximize net benefits
(including potential economic, environmental, public health and safety,
and other advantages; distributive impacts; and equity). The Executive
Order classifies a ``significant regulatory action,'' requiring review
by the Office of Management and Budget (OMB) unless OMB waives such
review, as any regulatory action that is likely to result in a rule
that may: (1) Have an annual effect on the economy of $100 million or
more or adversely affect in a material way the economy, a sector of the
economy, productivity, competition, jobs, the environment, public
health or safety, or State, local, or tribal governments or
communities; (2) create a serious inconsistency or otherwise interfere
with an action taken or planned by another agency; (3) materially alter
the budgetary impact of entitlements, grants, user fees, or loan
programs or the rights and obligations of recipients thereof; or (4)
raise novel legal or policy issues arising out of legal mandates, the
President's priorities, or the principles set forth in the Executive
Order.
[[Page 33705]]
The economic, interagency, budgetary, legal, and policy
implications of this rule have been examined, and it has been
determined not to be a significant regulatory action under Executive
Order 12866.
Unfunded Mandates
The Unfunded Mandates Reform Act of 1995 requires, at 2 U.S.C.
1532, that agencies prepare an assessment of anticipated costs and
benefits before issuing any rule that may result in expenditure by
State, local, and tribal governments, in the aggregate, or by the
private sector, of $100 million or more (adjusted annually for
inflation) in any given year. This rule will have no such effect on
State, local, and tribal governments, or on the private sector.
Paperwork Reduction Act of 1995
This document contains no provisions constituting a collection of
information under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-
3521).
Regulatory Flexibility Act
The initial and final regulatory flexibility analysis requirements
of sections 603 and 604 of the Regulatory Flexibility Act, 5 U.S.C.
601-612, are not applicable to this rule because a notice of proposed
rulemaking is not required. Even so, the Secretary hereby certifies
that this regulatory amendment will not have a significant economic
impact on a substantial number of small entities as they are defined in
the Regulatory Flexibility Act. This amendment will not directly affect
any small entities. Therefore, this amendment is also exempt pursuant
to 5 U.S.C. 605(b) from the initial and final regulatory flexibility
analysis requirements of sections 603-604.
Catalog of Federal Domestic Assistance
The Catalog of Federal Domestic Assistance Program number and title
for the program affected by this document are 64.114, Veterans
Housing--Guaranteed and Insured Loans.
Signing Authority
The Secretary of Veterans Affairs, or designee, approved this
document and authorized the undersigned to sign and submit the document
to the Office of the Federal Register for publication electronically as
an official document of the Department of Veterans Affairs. John R.
Gingrich, Chief of Staff, Department of Veterans Affairs, approved this
document on June 4, 2010 for publication.
List of Subjects in 38 CFR Part 36
Condominiums, Handicapped, Housing, Indians, Individuals with
disabilities, Loan programs--housing and community development, Loan
programs--Indians, Loan programs--veterans, Manufactured homes,
Mortgage insurance, Reporting and recordkeeping requirements, Veterans.
Dated: June 9, 2010.
Robert C. McFetridge,
Director of Regulation Policy and Management, Office of the General
Counsel.
0
For the reasons stated in the preamble, VA amends 38 CFR part 36 as
follows:
PART 36--LOAN GUARANTY
0
1. The authority citation for part 36 continues to read as follows:
Authority: 38 U.S.C. 501 and as otherwise noted.
Subpart B--[Removed]
0
2. Remove subpart B.
Subpart F--[Redesignated as Subpart B]
0
3. Redesignate subpart F as new subpart B.
Sec. Sec. 36.4800 through 36.4893 [Redesignated as Sec. Sec. 36.4300
through 36.4393]
0
4. Redesignate Sec. Sec. 36.4800 through 36.4893 as follows:
------------------------------------------------------------------------
Old section New section
------------------------------------------------------------------------
36.4800 36.4300
36.4801 36.4301
36.4802 36.4302
36.4803 36.4303
36.4804 36.4304
36.4805 36.4305
36.4806 36.4306
36.4807 36.4307
36.4808 36.4308
36.4809 36.4309
36.4810 36.4310
36.4811 36.4311
36.4812 36.4312
36.4813 36.4313
36.4814 36.4314
36.4815 36.4315
36.4816 36.4316
36.4817 36.4317
36.4818 36.4318
36.4819 36.4319
36.4820 36.4320
36.4821 36.4321
36.4822 36.4322
36.4823 36.4323
36.4824 36.4324
36.4825 36.4325
36.4826 36.4326
36.4827 36.4327
36.4828 36.4328
36.4829 36.4329
36.4830 36.4330
36.4831 36.4331
36.4832 36.4332
36.4833 36.4333
36.4835 36.4335
36.4836 [Reserved] 36.4336 [Reserved]
36.4837 36.4337
36.4838 36.4338
36.4839 36.4339
36.4840 36.4340
36.4841 36.4341
36.4842 36.4342
36.4843 36.4343
36.4845 36.4345
36.4846 36.4346
36.4847 36.4347
36.4848 36.4348
36.4849 36.4349
36.4850 36.4350
36.4851 36.4351
36.4852 36.4352
36.4853 36.4353
36.4854 36.4354
36.4855 36.4355
36.4856 36.4356
36.4857 36.4357
36.4858 [Reserved] 36.4358 [Reserved]
36.4859 36.4359
36.4860 36.4360
36.4861 36.4361
36.4862 36.4362
36.4863 36.4363
36.4864 36.4364
36.4865 36.4365
36.4867 36.4367
36.4868 36.4368
36.4869 36.4369
36.4870 36.4370
36.4875 36.4375
36.4877 36.4377
36.4878 36.4378
36.4879 36.4379
36.4880 36.4380
36.4890 36.4390
36.4891 36.4391
36.4892 36.4392
36.4893 36.4393
------------------------------------------------------------------------
[FR Doc. 2010-14156 Filed 6-14-10; 8:45 am]
BILLING CODE P