Puerto Rico; Amendment No. 1 to Notice of a Major Disaster Declaration, 70019 [2010-28836]
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Federal Register / Vol. 75, No. 220 / Tuesday, November 16, 2010 / Notices
for reporting and drawing funds: 97.030,
Community Disaster Loans; 97.031, Cora
Brown Fund; 97.032, Crisis Counseling;
97.033, Disaster Legal Services; 97.034,
Disaster Unemployment Assistance (DUA);
97.046, Fire Management Assistance Grant;
97.048, Disaster Housing Assistance to
Individuals and Households In Presidentially
Declared Disaster Areas; 97.049,
Presidentially Declared Disaster Assistance—
Disaster Housing Operations for Individuals
and Households; 97.050 Presidentially
Declared Disaster Assistance to Individuals
and Households—Other Needs; 97.036,
Disaster Grants—Public Assistance
(Presidentially Declared Disasters); 97.039,
Hazard Mitigation Grant.
W. Craig Fugate,
Administrator, Federal Emergency
Management Agency.
97.048, Disaster Housing Assistance to
Individuals and Households In Presidentially
Declared Disaster Areas; 97.049,
Presidentially Declared Disaster Assistance—
Disaster Housing Operations for Individuals
and Households; 97.050 Presidentially
Declared Disaster Assistance to Individuals
and Households—Other Needs; 97.036,
Disaster Grants—Public Assistance
(Presidentially Declared Disasters); 97.039,
Hazard Mitigation Grant.
W. Craig Fugate,
Administrator, Federal Emergency
Management Agency.
[FR Doc. 2010–28836 Filed 11–15–10; 8:45 am]
BILLING CODE 9111–23–P
[FR Doc. 2010–28837 Filed 11–15–10; 8:45 am]
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
BILLING CODE 9111–23–P
[Docket No. FR–5376–N–108]
DEPARTMENT OF HOMELAND
SECURITY
Federal Emergency Management
Agency
[Internal Agency Docket No. FEMA–1946–
DR; Docket ID FEMA–2010–0002]
Notice of Submission of Proposed
Information Collection to OMB;
Emergency Comment Request;
Application for HUD/FHA Insured
Mortgage ‘‘HOPE for Homeowners’’;
Notice of Proposed Information
Collection for Public Comment
Puerto Rico; Amendment No. 1 to
Notice of a Major Disaster Declaration
Federal Emergency
Management Agency, DHS.
ACTION: Notice.
Office of the Chief Information
Officer, HUD.
ACTION: Notice of proposed information
collection.
SUMMARY:
AGENCY:
This notice amends the notice
of a major disaster declaration for the
Commonwealth of Puerto Rico (FEMA–
1946–DR), dated October 26, 2010, and
related determinations.
DATES: Effective Date: November 5,
2010.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
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Peggy Miller, Office of Response and
Recovery, Federal Emergency
Management Agency, 500 C Street, SW.,
Washington, DC 20472, (202) 646–3886.
SUPPLEMENTARY INFORMATION: The notice
of a major disaster declaration for the
Commonwealth of Puerto Rico is hereby
amended to include the following areas
among those areas determined to have
been adversely affected by the event
declared a major disaster by the
President in his declaration of October
26, 2010.
Adjuntas, Morovis, Orocovis, and Villalba
Municipalities for Public Assistance.
The following Catalog of Federal Domestic
Assistance Numbers (CFDA) are to be used
for reporting and drawing funds: 97.030,
Community Disaster Loans; 97.031, Cora
Brown Fund; 97.032, Crisis Counseling;
97.033, Disaster Legal Services; 97.034,
Disaster Unemployment Assistance (DUA);
97.046, Fire Management Assistance Grant;
VerDate Mar<15>2010
19:33 Nov 15, 2010
Jkt 223001
AGENCY:
The proposed information
collection requirement described below
has been submitted to the Office of
Management and Budget (OMB) for
emergency review and approval, as
required by the Paperwork Reduction
Act. The Department is soliciting public
comments on the subject proposal.
The HOPE for Homeowners Act of
2008, located in Title IV of Division A
of the Housing and Economic Recovery
Act of 2008 (HERA) (Pub. L. 110–289,
122 Stat. 2654, approved July 30, 2008),
amended Title II of the National
Housing Act to add a new section 257.
New section 257 (12 U.S.C. 1701z–22)
established within the Federal Housing
Administration (FHA), HOPE for
Homeowners, a temporary FHA program
that offers homeowners and existing
mortgage loan holders (or servicers
acting on their behalf) insurance on the
refinancing of loans for distressed
mortgagors. Regulations published in 24
CFR 4001.01 through 24 CFR 4001.408
detail the requirements pertinent to
HUD’s single family mortgage insurance
programs, i.e., the eligibility
requirements and underwriting
procedures, which are determined by
the documents included in this
clearance package.
‘‘Under the Program, new mortgages
are offered by FHA-approved
PO 00000
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Fmt 4703
Sfmt 4703
70019
mortgagees to mortgagors who are at risk
of losing their homes to foreclosure. The
new FHA-insured mortgages refinance
the borrower’s existing mortgage at a
significant write-down. Eligible
borrowers must be unable to afford their
existing mortgage payments, must
occupy the residence that is the security
for the refinanced mortgage as their
primary residence, and may not have
any present ownership interest in
another residence. Investors and
investor properties are not eligible for
the FHA-insured refinanced mortgages.
Under the Program, participating
mortgagors share their new equity and
future appreciation with FHA.
Additionally, participation in this
Program is voluntary. No mortgagees,
servicers, or investors are compelled to
participate.
DATES: Comments Due Date: November
30, 2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments must be
received within seven (14) days from
the date of this Notice. Comments
should refer to the proposal by name/or
OMB approval number) and should be
sent to: Ross A. Rutledge, HUD Desk
Officer, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503; e-mail: Ross_
A._Rutledge@omb.eop.gov; fax: 202–
395–6974.
FOR FURTHER INFORMATION CONTACT:
Karin Hill, Director, Office of Single
Family Program Development,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410, telephone (202)
708–2121 (this is not a toll free number)
for copies of the proposed forms and
other available information.
SUPPLEMENTARY INFORMATION: This
Notice informs the public that the U.S.
Department of Housing and Urban
Development (HUD) has submitted to
OMB, for emergency processing, an
information collection package with
respect to this information is collected
on new mortgages offered by FHA
approved mortgagees to mortgagors who
are at risk of losing their homes to
foreclosure through the HOPE for
Homeowners Program, and to those who
owe more than the value of their homes
through the FHA Refinance of
Borrowers in Negative Equity Positions.
The new FHA insured mortgages
refinance the borrowers existing
mortgage at a significant writedown.
Under the HOPE for Homeowners
program the mortgagors share the new
equity with FHA.
This Notice is soliciting comments
from members of the public and
E:\FR\FM\16NON1.SGM
16NON1
Agencies
[Federal Register Volume 75, Number 220 (Tuesday, November 16, 2010)]
[Notices]
[Page 70019]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-28836]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
Federal Emergency Management Agency
[Internal Agency Docket No. FEMA-1946-DR; Docket ID FEMA-2010-0002]
Puerto Rico; Amendment No. 1 to Notice of a Major Disaster
Declaration
AGENCY: Federal Emergency Management Agency, DHS.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This notice amends the notice of a major disaster declaration
for the Commonwealth of Puerto Rico (FEMA-1946-DR), dated October 26,
2010, and related determinations.
DATES: Effective Date: November 5, 2010.
FOR FURTHER INFORMATION CONTACT: Peggy Miller, Office of Response and
Recovery, Federal Emergency Management Agency, 500 C Street, SW.,
Washington, DC 20472, (202) 646-3886.
SUPPLEMENTARY INFORMATION: The notice of a major disaster declaration
for the Commonwealth of Puerto Rico is hereby amended to include the
following areas among those areas determined to have been adversely
affected by the event declared a major disaster by the President in his
declaration of October 26, 2010.
Adjuntas, Morovis, Orocovis, and Villalba Municipalities for Public
Assistance.
The following Catalog of Federal Domestic Assistance Numbers (CFDA)
are to be used for reporting and drawing funds: 97.030, Community
Disaster Loans; 97.031, Cora Brown Fund; 97.032, Crisis Counseling;
97.033, Disaster Legal Services; 97.034, Disaster Unemployment
Assistance (DUA); 97.046, Fire Management Assistance Grant; 97.048,
Disaster Housing Assistance to Individuals and Households In
Presidentially Declared Disaster Areas; 97.049, Presidentially
Declared Disaster Assistance--Disaster Housing Operations for
Individuals and Households; 97.050 Presidentially Declared Disaster
Assistance to Individuals and Households--Other Needs; 97.036,
Disaster Grants--Public Assistance (Presidentially Declared
Disasters); 97.039, Hazard Mitigation Grant.
W. Craig Fugate,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2010-28836 Filed 11-15-10; 8:45 am]
BILLING CODE 9111-23-P