Notice of Single Family Loan Sales (SFLS 2011-3), 55936-55937 [2011-23032]
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55936
Federal Register / Vol. 76, No. 175 / Friday, September 9, 2011 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5502–N–03]
Notice of Single Family Loan Sales
(SFLS 2011–3)
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice of sales of mortgage
loans.
AGENCY:
This notice announces HUD’s
intention to competitively sell certain
unsubsidized single family mortgage
loans, in a sealed bid sale offering called
SFLS 2011–3, without Federal Housing
Administration (FHA) mortgage
insurance. This notice also generally
describes the bidding process for the
sale and certain persons who are
ineligible to bid. This third sale of Fiscal
Year (FY) 2011 is scheduled for
September 14, 2011.
DATES: For this sale action, the Bidder’s
Information Package (BIP) was made
available to qualified bidders on August
15, 2011. Bids for the SFLS 2011–3 sale
must be submitted on the bid date,
which is currently scheduled for
September 14, 2011 (Bid Date). HUD
anticipates that award(s) will be made
on or about September 15, 2011 (the
Award Date).
ADDRESSES: To become a qualified
bidder and receive the BIP, prospective
bidders must complete, execute, and
submit a Confidentiality Agreement and
a Qualification Statement acceptable to
HUD. Both documents are available on
the HUD Web site at: https://
www.hud.gov/sfloansales. Please mail
and fax executed documents to HUD’s
Asset Sales Office:
Asset Sales Office, United States
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 3136, Washington, DC 20410,
Attention: Single Family Sale
Coordinator, Fax: 202–708–2771.
FOR FURTHER INFORMATION CONTACT: John
Lucey, Deputy Director, Asset Sales
Office, Room 3136, Department of
Housing and Urban Development, 451
Seventh Street, SW., Washington, DC
20410–8000; telephone 202–708–2625,
extension 3927. Hearing- or speechimpaired individuals may call 202–708–
4594 (TTY). These are not toll-free
numbers.
SUPPLEMENTARY INFORMATION: HUD
announces its intention to sell in SFLS
2011–3 certain unsubsidized nonperforming mortgage loans (Mortgage
Loans) secured by single family
properties located throughout the
United States. A listing of the Mortgage
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
16:58 Sep 08, 2011
Jkt 223001
Loans is included in the due diligence
materials made available to qualified
bidders. The Mortgage Loans will be
sold without FHA insurance and with
servicing released. HUD will offer
qualified bidders an opportunity to bid
competitively on the Mortgage Loans.
The Bidding Process
The BIP describes in detail the
procedure for bidding in SFLS 2011–3.
The BIP also includes a standardized
non-negotiable Conveyance, Assignment
and Assumption Agreement (CAA
Agreement). Qualified bidders will be
required to submit a deposit with their
bid. Deposits are calculated based upon
each qualified bidder’s aggregate bid
price.
HUD will evaluate the bids submitted
and determine the successful bid, in
terms of the best value to HUD, in its
sole and absolute discretion. If a
qualified bidder is successful, the
qualified bidder’s deposit will be nonrefundable and will be applied toward
the purchase price. Deposits will be
returned to unsuccessful bidders. For
the SFLS 2011–3 sale action,
settlements are expected to take place
on October 13, 2011 and November 17,
2011.
This notice provides some of the basic
terms of sale. The CAA Agreement,
which is included in the BIP, provides
comprehensive contractual terms and
conditions. To ensure a competitive
bidding process, the terms of the
bidding process and the CAA
Agreement are not subject to
negotiation.
Due Diligence Review
The BIP describes how qualified
bidders may access the due diligence
materials remotely via a high-speed
Internet connection.
Mortgage Loan Sale Policy
HUD reserves the right to remove
Mortgage Loans from SFLS 2011–3 at
any time prior to the Award Date. HUD
also reserves the right to reject any and
all bids, in whole or in part, and include
any Mortgage Loans in a later sale.
Mortgage Loans will not be withdrawn
after the Award Date except as
specifically provided in the CAA
Agreement.
The SFLS 2011–3 sale of Mortgage
Loans are assigned to HUD pursuant to
section 204(a)(1)(A) of the National
Housing Act as amended under Title VI
of the Departments of Veterans Affairs
and Housing and Urban Development
and Independent Agencies
Appropriations Act, 1999. The sale of
the Mortgage Loans is pursuant to
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Frm 00070
Fmt 4703
Sfmt 4703
section 204(g) of the National Housing
Act.
Mortgage Loan Sale Procedure
HUD selected an open competitive
whole-loan sale as the method to sell
the Mortgage Loans. This method of sale
optimizes HUD’s return on the sale of
these Mortgage Loans, affords the
greatest opportunity for all qualified
bidders to bid on the Mortgage Loans,
and provides the quickest and most
efficient vehicle for HUD to dispose of
the Mortgage Loans.
Bidder Ineligibility
In order to bid in the SFLS 2011–3
sale, a prospective qualified bidder must
complete, execute and submit both a
Confidentiality Agreement and a
Qualification Statement acceptable to
HUD. The following individuals and
entities are ineligible to bid on any of
the Mortgage Loans included in SFLS
2011–3:
(1) An employee of HUD, a member
of such employee’s household, or an
entity owned or controlled by any such
employee or member of such an
employee’s household;
(2) An individual or entity that is
debarred, suspended, or excluded from
doing business with HUD pursuant to
Title 24 of the Code of Federal
Regulations, Part 24, and Title 2 of the
Code of Federal Regulations, Part 2424;
(3) An individual or entity that has
been suspended, debarred or otherwise
restricted by any Department or Agency
of the Federal Government or of a State
Government from doing business with
such Department or Agency.
(4) An individual or entity that has
been debarred, suspended, or excluded
from doing mortgage related business,
including having a business license
suspended, surrendered or revoked, by
any Federal, State or local government
agency, division or department;
(5) A contractor, subcontractor and/or
consultant or advisor (including any
agent, employee, partner, director,
principal or affiliate of any of the
foregoing) who performed services for or
on behalf of HUD in connection with
the Sales;
(6) An individual or entity that uses
the services, directly or indirectly, of
any person or entity ineligible under
subparagraphs 1 through 3 above to
assist in preparing any of its bids on the
Mortgage Loans;
(7) An individual or entity which
employs or uses the services of an
employee of HUD (other than in such
employee’s official capacity) who is
involved in single family asset sales;
(8) An entity or individual that
serviced or held any Mortgage Loan at
E:\FR\FM\09SEN1.SGM
09SEN1
Federal Register / Vol. 76, No. 175 / Friday, September 9, 2011 / Notices
any time during the 2-year period prior
to the Award Date is ineligible to bid on
such Mortgage Loan or on the pool
containing such Mortgage Loan, and
(9) An entity or individual that is: (a)
Any affiliate or principal of any entity
or individual described in the preceding
sentence (sub-paragraph 8); (b) any
employee or subcontractor of such
entity or individual during that 2-year
period prior to Award Date; or (c) any
entity or individual that employs or
uses the services of any other entity or
individual described in this paragraph
in preparing its bid on such Mortgage
Loan.
Freedom of Information Act Requests
HUD reserves the right, in its sole and
absolute discretion, to disclose
information regarding SFLS 2011–3,
including, but not limited to, the
identity of any successful qualified
bidder and its bid price or bid
percentage for any pool of loans or
individual loan, upon the closing of the
sale of all the Mortgage Loans. Even if
HUD elects not to publicly disclose any
information relating to SFLS 2011–3,
HUD will have the right to disclose any
information that HUD is obligated to
disclose pursuant to the Freedom of
Information Act and all regulations
promulgated thereunder.
Scope of Notice
This notice applies to SFLS 2011–3
and does not establish HUD’s policy for
the sale of other mortgage loans.
Dated: August 30, 2011.
Carol Galante,
Acting Assistant Secretary for Housing—
Federal Housing Commissioner.
[FR Doc. 2011–23032 Filed 9–8–11; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF THE INTERIOR
Fish and Wildlife Service
[FWS–R1–R–2011–N028; 10137–1265–0000
9B]
Sheldon National Wildlife Refuge,
Washoe and Humboldt Counties, NV,
and Lake County, OR; Draft
Comprehensive Conservation Plan and
Environmental Impact Statement
Fish and Wildlife Service,
Interior.
ACTION: Notice of availability.
mstockstill on DSK4VPTVN1PROD with NOTICES
AGENCY:
We, the U.S. Fish and
Wildlife Service (Service), announce the
availability of a draft comprehensive
conservation plan (Draft CCP) and draft
environmental impact statement (Draft
SUMMARY:
VerDate Mar<15>2010
16:58 Sep 08, 2011
Jkt 223001
EIS) for the Sheldon National Wildlife
Refuge (Refuge) for public review and
comment. In these documents, we
describe alternatives, including our
preferred alternative, for managing the
Refuge for 15 years, following approval
of the final CCP.
DATES: To ensure consideration, please
send your written comments by
November 8, 2011.
ADDRESSES: You may submit comments
or requests for copies or more
information by any of the following
methods. You may request hard copies
or a CD–ROM of the documents.
E-mail: SheldonCCP@fws.gov. Include
‘‘Sheldon Refuge draft CCP/EIS’’ in the
subject line of the message.
Internet: https://www.fws.gov/pacific/
planning/main/docs/NV/
docssheldon.htm.
Fax: Attn: John Kasbohm, Project
Leader, 541–947–4414.
U.S. Mail: Sheldon-Hart Mountain
National Wildlife Refuge Complex, P.O.
Box 111, Lakeview, OR 97630.
In-Person Drop-off, Viewing, or
Pickup: Call 541–947–3315 to make an
appointment (necessary for view/pickup
only) during regular business hours at
the above address. For more information
on locations for viewing or obtaining
documents, see Public Availability of
Documents under SUPPLEMENTARY
INFORMATION.
FOR MORE INFORMATION CONTACT: Aaron
Collins, Planning Team Leader, (541)
947–3315.
SUPPLEMENTARY INFORMATION:
Introduction
With this notice, we continue the CCP
process for Sheldon Refuge. We started
this process through a notice published
in the Federal Register on May 12, 2008
(73 FR 27003). We now announce a
Draft CCP/EIS, prepared pursuant to the
National Wildlife Refuge System
Administration Act, as amended, and
the National Environmental Policy Act
of 1969 (NEPA).
The National Wildlife Refuge System
Administration Act of 1966 (16 U.S.C.
668dd–668ee) (Refuge Administration
Act), as amended by the National
Wildlife Refuge System Improvement
Act of 1997, requires us to develop a
CCP for each national wildlife refuge.
The purpose for developing a CCP is to
provide refuge managers with a 15-year
plan for achieving refuge purposes and
contributing toward the mission of the
National Wildlife Refuge System,
consistent with sound principles of fish
and wildlife management, conservation,
legal mandates, and our policies. In
addition to outlining broad management
direction on conserving wildlife and
PO 00000
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Fmt 4703
Sfmt 4703
55937
their habitats, CCPs identify wildlifedependent recreational opportunities
available to the public, including
opportunities for hunting, fishing,
wildlife observation and photography,
and environmental education and
interpretation. We will review and
update the CCP at least every 15 years
in accordance with the Refuge
Administration Act.
Habitat management activities
proposed in the Draft CCP/EIS include
improving the conditions of wetland,
riparian, desert grassland, and shrubsteppe habitats, with emphasis on
removing feral animals, reducing
invasive species, reducing
encroachment of western juniper, and
where feasible, restoring fire to improve
habitat diversity and plant community
succession.
Public-use management actions
proposed in the Draft CCP/EIS include
expanding and improving trails, signs,
campgrounds, and visitor contact
facilities for wildlife observation and
photography, sport fishing, and hunting;
continuing fishing and hunting
coordination with the States; improving
information available to all visitors;
formally designating authorized
motorized vehicle routes; and reducing
illegal activities.
Background
Sheldon Refuge encompasses
approximately 575,000 acres primarily
in northwestern Nevada, but includes a
small portion within south-central
Oregon. Originally established to protect
and conserve the American pronghorn,
the Refuge provides important habitat
for a variety of wildlife, including
greater sage-grouse, pygmy rabbit,
American pika, mule deer, California
bighorn sheep, Sheldon tui chub, and a
variety of migratory birds, including
shorebirds, raptors, and passerines.
Habitat types found on the Refuge are
primarily shrub-steppe uplands, but
also include important springs and
spring brooks, basalt cliffs and canyons;
emergent marshes; juniper, mountain
mahogany, and aspen woodlands; and
desert greasewood flats.
The purpose of the CCP is to fulfill
the purposes for which the Refuge was
established and to provide reasonable,
scientifically-grounded guidance for
improving the Refuge’s shrub-steppe,
riparian, wetland, and cliff-talus
habitats for the long-term conservation
of native plants and animals, endemic
fish, and migratory birds while
providing high-quality public-use
programs for hunting, fishing, wildlife
observation, photography, and
environmental education and
interpretation. The Draft CCP/EIS
E:\FR\FM\09SEN1.SGM
09SEN1
Agencies
[Federal Register Volume 76, Number 175 (Friday, September 9, 2011)]
[Notices]
[Pages 55936-55937]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-23032]
[[Page 55936]]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5502-N-03]
Notice of Single Family Loan Sales (SFLS 2011-3)
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice of sales of mortgage loans.
-----------------------------------------------------------------------
SUMMARY: This notice announces HUD's intention to competitively sell
certain unsubsidized single family mortgage loans, in a sealed bid sale
offering called SFLS 2011-3, without Federal Housing Administration
(FHA) mortgage insurance. This notice also generally describes the
bidding process for the sale and certain persons who are ineligible to
bid. This third sale of Fiscal Year (FY) 2011 is scheduled for
September 14, 2011.
DATES: For this sale action, the Bidder's Information Package (BIP) was
made available to qualified bidders on August 15, 2011. Bids for the
SFLS 2011-3 sale must be submitted on the bid date, which is currently
scheduled for September 14, 2011 (Bid Date). HUD anticipates that
award(s) will be made on or about September 15, 2011 (the Award Date).
ADDRESSES: To become a qualified bidder and receive the BIP,
prospective bidders must complete, execute, and submit a
Confidentiality Agreement and a Qualification Statement acceptable to
HUD. Both documents are available on the HUD Web site at: https://www.hud.gov/sfloansales. Please mail and fax executed documents to
HUD's Asset Sales Office:
Asset Sales Office, United States Department of Housing and Urban
Development, 451 7th Street, SW., Room 3136, Washington, DC 20410,
Attention: Single Family Sale Coordinator, Fax: 202-708-2771.
FOR FURTHER INFORMATION CONTACT: John Lucey, Deputy Director, Asset
Sales Office, Room 3136, Department of Housing and Urban Development,
451 Seventh Street, SW., Washington, DC 20410-8000; telephone 202-708-
2625, extension 3927. Hearing- or speech-impaired individuals may call
202-708-4594 (TTY). These are not toll-free numbers.
SUPPLEMENTARY INFORMATION: HUD announces its intention to sell in SFLS
2011-3 certain unsubsidized non-performing mortgage loans (Mortgage
Loans) secured by single family properties located throughout the
United States. A listing of the Mortgage Loans is included in the due
diligence materials made available to qualified bidders. The Mortgage
Loans will be sold without FHA insurance and with servicing released.
HUD will offer qualified bidders an opportunity to bid competitively on
the Mortgage Loans.
The Bidding Process
The BIP describes in detail the procedure for bidding in SFLS 2011-
3. The BIP also includes a standardized non-negotiable Conveyance,
Assignment and Assumption Agreement (CAA Agreement). Qualified bidders
will be required to submit a deposit with their bid. Deposits are
calculated based upon each qualified bidder's aggregate bid price.
HUD will evaluate the bids submitted and determine the successful
bid, in terms of the best value to HUD, in its sole and absolute
discretion. If a qualified bidder is successful, the qualified bidder's
deposit will be non-refundable and will be applied toward the purchase
price. Deposits will be returned to unsuccessful bidders. For the SFLS
2011-3 sale action, settlements are expected to take place on October
13, 2011 and November 17, 2011.
This notice provides some of the basic terms of sale. The CAA
Agreement, which is included in the BIP, provides comprehensive
contractual terms and conditions. To ensure a competitive bidding
process, the terms of the bidding process and the CAA Agreement are not
subject to negotiation.
Due Diligence Review
The BIP describes how qualified bidders may access the due
diligence materials remotely via a high-speed Internet connection.
Mortgage Loan Sale Policy
HUD reserves the right to remove Mortgage Loans from SFLS 2011-3 at
any time prior to the Award Date. HUD also reserves the right to reject
any and all bids, in whole or in part, and include any Mortgage Loans
in a later sale. Mortgage Loans will not be withdrawn after the Award
Date except as specifically provided in the CAA Agreement.
The SFLS 2011-3 sale of Mortgage Loans are assigned to HUD pursuant
to section 204(a)(1)(A) of the National Housing Act as amended under
Title VI of the Departments of Veterans Affairs and Housing and Urban
Development and Independent Agencies Appropriations Act, 1999. The sale
of the Mortgage Loans is pursuant to section 204(g) of the National
Housing Act.
Mortgage Loan Sale Procedure
HUD selected an open competitive whole-loan sale as the method to
sell the Mortgage Loans. This method of sale optimizes HUD's return on
the sale of these Mortgage Loans, affords the greatest opportunity for
all qualified bidders to bid on the Mortgage Loans, and provides the
quickest and most efficient vehicle for HUD to dispose of the Mortgage
Loans.
Bidder Ineligibility
In order to bid in the SFLS 2011-3 sale, a prospective qualified
bidder must complete, execute and submit both a Confidentiality
Agreement and a Qualification Statement acceptable to HUD. The
following individuals and entities are ineligible to bid on any of the
Mortgage Loans included in SFLS 2011-3:
(1) An employee of HUD, a member of such employee's household, or
an entity owned or controlled by any such employee or member of such an
employee's household;
(2) An individual or entity that is debarred, suspended, or
excluded from doing business with HUD pursuant to Title 24 of the Code
of Federal Regulations, Part 24, and Title 2 of the Code of Federal
Regulations, Part 2424;
(3) An individual or entity that has been suspended, debarred or
otherwise restricted by any Department or Agency of the Federal
Government or of a State Government from doing business with such
Department or Agency.
(4) An individual or entity that has been debarred, suspended, or
excluded from doing mortgage related business, including having a
business license suspended, surrendered or revoked, by any Federal,
State or local government agency, division or department;
(5) A contractor, subcontractor and/or consultant or advisor
(including any agent, employee, partner, director, principal or
affiliate of any of the foregoing) who performed services for or on
behalf of HUD in connection with the Sales;
(6) An individual or entity that uses the services, directly or
indirectly, of any person or entity ineligible under subparagraphs 1
through 3 above to assist in preparing any of its bids on the Mortgage
Loans;
(7) An individual or entity which employs or uses the services of
an employee of HUD (other than in such employee's official capacity)
who is involved in single family asset sales;
(8) An entity or individual that serviced or held any Mortgage Loan
at
[[Page 55937]]
any time during the 2-year period prior to the Award Date is ineligible
to bid on such Mortgage Loan or on the pool containing such Mortgage
Loan, and
(9) An entity or individual that is: (a) Any affiliate or principal
of any entity or individual described in the preceding sentence (sub-
paragraph 8); (b) any employee or subcontractor of such entity or
individual during that 2-year period prior to Award Date; or (c) any
entity or individual that employs or uses the services of any other
entity or individual described in this paragraph in preparing its bid
on such Mortgage Loan.
Freedom of Information Act Requests
HUD reserves the right, in its sole and absolute discretion, to
disclose information regarding SFLS 2011-3, including, but not limited
to, the identity of any successful qualified bidder and its bid price
or bid percentage for any pool of loans or individual loan, upon the
closing of the sale of all the Mortgage Loans. Even if HUD elects not
to publicly disclose any information relating to SFLS 2011-3, HUD will
have the right to disclose any information that HUD is obligated to
disclose pursuant to the Freedom of Information Act and all regulations
promulgated thereunder.
Scope of Notice
This notice applies to SFLS 2011-3 and does not establish HUD's
policy for the sale of other mortgage loans.
Dated: August 30, 2011.
Carol Galante,
Acting Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2011-23032 Filed 9-8-11; 8:45 am]
BILLING CODE 4210-67-P