Notice of Proposed Information Collection: Comment Request; Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary, 41197-41198 [2012-17018]
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Federal Register / Vol. 77, No. 134 / Thursday, July 12, 2012 / Notices
determine whether these programs
further the basic missions which are
approved by the Administrator of
FEMA, examines the physical plant of
the Academy to determine the adequacy
of the Academy’s facilities, and
examines the funding levels for
Academy programs. The Board submits
an annual report through the United
States Fire Administrator to the
Administrator of FEMA, in writing. The
report provides detailed comments and
recommendations regarding the
operation of the Academy.
Agenda
The Board will review and approve
the minutes of the April 25 and 26,
2012, meeting. The Board will review
Academy program activities including
instructor led online course deliveries,
current curriculum developments,
anticipated FY 2012 curriculum
developments, and the new Student
Identification Number (SID) procedure
being implemented through the NFA
Admissions process.
The Board will review the progress of
the Executive Fire Officer Program
(EFOP) Subcommittee and new course
development status. The Board will also
review the status of the Fire and
Emergency Services Higher Education
(FESHE) Institutional Recognition and
Certificate program and the progress of
Training Resources and Data Exchange
(TRADE)/FESHE electronic meetings.
The Board will discuss deferred
maintenance and capital improvements
on the NETC campus, to include FY
2012 Budget Planning.
After deliberation, the Board will
recommend actions to the
Superintendent of the National Fire
Academy and the Administrator of
FEMA.
Dated: July 5, 2012.
Kirby Kiefer,
Deputy Superintendent, National Fire
Academy, United States Fire Administration,
Federal Emergency Management Agency.
[FR Doc. 2012–16972 Filed 7–11–12; 8:45 am]
BILLING CODE 9111–45–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
pmangrum on DSK3VPTVN1PROD with NOTICES
[Docket No. FR–5602–N–04]
Notice of Proposed Information
Collection: Comment Request; Legal
Instructions Concerning Applications
for Full Insurance Benefits—
Assignment of Multifamily Mortgages
to the Secretary
AGENCY:
Office of the General Counsel,
HUD.
VerDate Mar<15>2010
15:39 Jul 11, 2012
Jkt 226001
ACTION:
Notice.
The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
DATES: Comments Due Date: September
10, 2012.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
Control Number and should be sent to:
Nacheshia Foxx, Reports Liaison
Officer, Department of Housing and
Urban Development, 451 Seventh Street
SW., Room 10276, Washington, DC
20410–0500.
FOR FURTHER INFORMATION CONTACT:
Millicent Potts, Assistant General
Counsel for Multifamily Mortgage
Division, Office of General Counsel,
Department of Housing and Urban
Development, 451 Seventh Street SW.,
Room 9230, Washington, DC 20410–
0500, telephone (202) 708–1274 (this is
not a toll-free number) for a copy of the
instructions.
SUPPLEMENTARY INFORMATION: The
Department is submitting the proposed
information collection to OMB for
review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C.
Chapter 35, as amended).
This notice is soliciting comments
from members of the public and affected
agencies concerning the proposed
collection of information to: (1) Evaluate
whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(2) Evaluate the accuracy of the agency’s
estimate of the burden of the proposed
collection of information; (3) Enhance
the quality, utility, and clarity of the
information to be collected; and (4)
Minimize the burden of the collection of
information on those who are to
respond; including through the use of
appropriate automated collection
techniques or other forms of information
technology, e.g., permitting electronic
submission of responses.
This notice also lists the following
information:
Title of Proposal: Legal Instructions
Concerning Applications for Full
Insurance Benefits—Assignment of
Multifamily Mortgage to the Secretary.
OMB Control Number, if applicable:
2510–0006.
Description of the need for the
information and proposed use:
SUMMARY:
PO 00000
Frm 00035
Fmt 4703
Sfmt 4703
41197
Mortgagees of HUD-insured mortgages
may receive mortgage insurance benefits
upon assignment of mortgages to HUD.
In connection with the assignment, legal
documents (e.g., mortgage, mortgage
note, security agreement, title insurance
policy) must be submitted to the
Department. The instructions describe
the documents to be submitted and the
procedures for submission.
HUD has made the following
revisions to the Legal Instructions
Concerning Applications for Full
Insurance Benefits—Assignment of
Multifamily Mortgage to the Secretary
(the ‘‘Legal Instructions’’):
Part A, item 1—removed the reference
to ‘‘the model form of assignment’’ and
replaced it with ‘‘the requisite language
below’’ since there is not a model form
of assignment.
Part B, first paragraph—revised
second sentence to add ‘‘or debentures’’
to indicate that one 15-day extension of
the deadline for claims is applicable for
claims paid in cash or debentures.
Part B, item 1—‘‘(insert the unpaid
balance as of the date of assignment)’’
has been changed to ‘‘[insert the unpaid
balance as of the date of assignment]’’ as
this language is instructive and should
not appear within the actual
endorsement on the Note. Also, ‘‘note’’
was changed to ‘‘Note’’ within the
requisite language, since the references
are to the promissory Note.
Part B, item 2—removed ‘‘, certified
by the recording official’’ as this
language was redundant. Also, revised
the requisite Indemnification Agreement
language for consistency with the form
of Indemnification Agreement in Part B,
item 1, to read as follows:
[Insert name of the mortgagee] agrees to
indemnify and hold harmless the Secretary of
Housing and Urban Development and his/her
successors and assigns against any loss, costs,
or charges whatsoever, including attorney’s
fees, which may be sustained by the
Secretary as a result of the failure of the
mortgagee to furnish an original copy of
[insert description of document].’’
Part B, item 4—removed ‘‘, if
recorded’’ at the end of the first
sentence, as this language was
redundant.
Part B, item 5—revised the first
sentence to read as follows, for clarity:
‘‘The original security agreement/chattel
mortgage, or a certified copy. All
certifications must be made by the
recording official.’’ Also revised the
second sentence to remove the sample
Indemnification Agreement provision
and cross-reference instead to Part B,
item 2.
Part B, item 7—revised the first
sentence to read as follows, for clarity:
‘‘Original interim assignments of the
E:\FR\FM\12JYN1.SGM
12JYN1
41198
Federal Register / Vol. 77, No. 134 / Thursday, July 12, 2012 / Notices
[Security Agreement][Chattel Mortgage],
or certified copies. All certifications
must be made by the recording official.’’
Also, in the next sentence, changed ‘‘are
unrecorded’’ to ‘‘were not recorded’’,
and referred to the form of
Indemnification Agreement in Part B,
item 2.
Part B, item 8—changed references to
the ‘‘Uniform Commercial Code’’ to
‘‘UCC’’ since the term was defined in
Part A, item 2. Also changed ‘‘ATIMA’’
to ‘‘as their interests may appear’’ for
clarity. Under ‘‘Lapsed UCC filings’’,
removed ‘‘as applicable’’ at the end of
the first paragraph. Under ‘‘UCC filing
was never filed’’, the following sentence
was added at the end of the first
paragraph: ‘‘The mortgagee must also
submit an Indemnification Agreement
that contains the following language and
is otherwise acceptable to HUD:’’.
Part B, item 8—under ‘‘Lapsed UCC
filings * * *’’ and ‘‘UCC filing was
never filed’’—revised the paragraphs
regarding Indemnification Agreements
to include the requisite language, so that
the Legal Instructions would be
formatted like Part B, items 1 and 2.
Part B, item 9—changed ‘‘the
Departmental regulations’’ to ‘‘HUD
regulations’’ for clarity.
Part B, item 10 has been revised to
indicate that the evidence of property
insurance is acceptable if accompanied
by an affidavit from the mortgagee that
the hazard insurance policy is in full
force and effect as of the date of
assignment to the Secretary, since
mortgagees are no longer able to obtain
an ACORD that does not state it is for
informational purposes only and does
not confer rights upon the holder of the
policy. Requisite language for the
mortgagee’s affidavit has been added.
Part B, item 12—‘‘project loan’’ was
changed to ‘‘Note’’ for accuracy, since
the endorsement is on the Note.
Part B, item 13 has been added to
require submission of additional
documents for loans insured under
Section 232 of the National Housing Act
and processed under LEAN, including,
but not limited to, an assignment of the
Master Lease and all corollary
Subordination and Non-Disturbance
Agreements, the Deposit Account
Control Agreement and any Notice of
Exclusive Control that has been
delivered to the Bank (as defined in the
Deposit Account Control Agreement),
and the Intercreditor Agreement and all
riders thereto.
Part B, former items 13, 14 and 15
have been re-numbered to items 14, 15,
and 16, respectively.
Part B, re-numbered item 15 has been
revised in the first full paragraph after
the Note, to indicate that if title
insurance issues cannot be resolved
within the deadline ‘‘(including
extensions)’’, interest will be curtailed
‘‘or the mortgage may be reassigned to
the mortgagee, thereby requiring the
mortgagee to reimburse the Secretary
the amounts paid plus interest.’’
Part B, re-numbered item 16 has been
revised to change ‘‘HUD’’ to ‘‘the
Secretary’’ for consistency.
Part B, final Note at end, has been
revised to add that HUD reserves the
right ‘‘in its sole discretion’’ to refuse to
accept an Indemnification Agreement.
The revised Legal Instructions, which
reflects new language added in bold,
and language removed in strikeout is
attached as Appendix A.
Agency form numbers, if applicable:
N/A.
Members of affected public:
Mortgagees when applying for insurance
benefits from HUD.
Estimation of the total numbers of
hours needed to prepare the information
collection including number of
respondents, frequency of response, and
hours of response:
Number of respondents
Burden
hours
Frequency of
response
Total burden
hours
359 ...............................................................................................................................................
26
1
9,334
Status of the proposed information
collection: Extension of a currently
approved collection.
We, the U.S. Fish and
Wildlife Service, invite the public to
comment on the following applications
to conduct certain activities with
endangered species, marine mammals,
or both. With some exceptions, the
Endangered Species Act (ESA) and
Marine Mammal Protection Act
(MMPA) prohibit activities with listed
species unless Federal authorization is
acquired that allows such activities.
SUMMARY:
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C. Chapter 35, as amended.
Dated: July 9, 2012.
Aaron Santa Anna,
Assistant General Counsel for Regulations.
[FR Doc. 2012–17018 Filed 7–11–12; 8:45 am]
BILLING CODE 4210–67–P
We must receive comments or
requests for documents on or before
August 13, 2012. We must receive
requests for marine mammal permit
public hearings, in writing, at the
address shown in the ADDRESSES section
by August 13, 2012.
DATES:
DEPARTMENT OF THE INTERIOR
Fish and Wildlife Service
pmangrum on DSK3VPTVN1PROD with NOTICES
[FWS–R9–IA–2012–N162;
FXIA16710900000P5–123–FF09A30000]
Endangered Species; Marine
Mammals; Receipt of Applications for
Permit
Fish and Wildlife Service,
Interior.
ACTION: Notice of receipt of applications
for permit.
AGENCY:
VerDate Mar<15>2010
15:39 Jul 11, 2012
Jkt 226001
Brenda Tapia, Division of
Management Authority, U.S. Fish and
Wildlife Service, 4401 North Fairfax
Drive, Room 212, Arlington, VA 22203;
fax (703) 358–2280; or email
DMAFR@fws.gov.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Brenda Tapia, (703) 358–2104
PO 00000
Frm 00036
Fmt 4703
Sfmt 4703
(telephone); (703) 358–2280 (fax);
DMAFR@fws.gov (email).
SUPPLEMENTARY INFORMATION:
I. Public Comment Procedures
A. How do I request copies of
applications or comment on submitted
applications?
Send your request for copies of
applications or comments and materials
concerning any of the applications to
the contact listed under ADDRESSES.
Please include the Federal Register
notice publication date, the PRTnumber, and the name of the applicant
in your request or submission. We will
not consider requests or comments sent
to an email or address not listed under
ADDRESSES. If you provide an email
address in your request for copies of
applications, we will attempt to respond
to your request electronically.
Please make your requests or
comments as specific as possible. Please
confine your comments to issues for
which we seek comments in this notice,
and explain the basis for your
E:\FR\FM\12JYN1.SGM
12JYN1
]]>Agencies
[Federal Register Volume 77, Number 134 (Thursday, July 12, 2012)]
[Notices]
[Pages 41197-41198]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-17018]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5602-N-04]
Notice of Proposed Information Collection: Comment Request; Legal
Instructions Concerning Applications for Full Insurance Benefits--
Assignment of Multifamily Mortgages to the Secretary
AGENCY: Office of the General Counsel, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The proposed information collection requirement described
below will be submitted to the Office of Management and Budget (OMB)
for review, as required by the Paperwork Reduction Act. The Department
is soliciting public comments on the subject proposal.
DATES: Comments Due Date: September 10, 2012.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control Number and should be sent to: Nacheshia Foxx, Reports Liaison
Officer, Department of Housing and Urban Development, 451 Seventh
Street SW., Room 10276, Washington, DC 20410-0500.
FOR FURTHER INFORMATION CONTACT: Millicent Potts, Assistant General
Counsel for Multifamily Mortgage Division, Office of General Counsel,
Department of Housing and Urban Development, 451 Seventh Street SW.,
Room 9230, Washington, DC 20410-0500, telephone (202) 708-1274 (this is
not a toll-free number) for a copy of the instructions.
SUPPLEMENTARY INFORMATION: The Department is submitting the proposed
information collection to OMB for review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
This notice is soliciting comments from members of the public and
affected agencies concerning the proposed collection of information to:
(1) Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; (2)
Evaluate the accuracy of the agency's estimate of the burden of the
proposed collection of information; (3) Enhance the quality, utility,
and clarity of the information to be collected; and (4) Minimize the
burden of the collection of information on those who are to respond;
including through the use of appropriate automated collection
techniques or other forms of information technology, e.g., permitting
electronic submission of responses.
This notice also lists the following information:
Title of Proposal: Legal Instructions Concerning Applications for
Full Insurance Benefits--Assignment of Multifamily Mortgage to the
Secretary.
OMB Control Number, if applicable: 2510-0006.
Description of the need for the information and proposed use:
Mortgagees of HUD-insured mortgages may receive mortgage insurance
benefits upon assignment of mortgages to HUD. In connection with the
assignment, legal documents (e.g., mortgage, mortgage note, security
agreement, title insurance policy) must be submitted to the Department.
The instructions describe the documents to be submitted and the
procedures for submission.
HUD has made the following revisions to the Legal Instructions
Concerning Applications for Full Insurance Benefits--Assignment of
Multifamily Mortgage to the Secretary (the ``Legal Instructions''):
Part A, item 1--removed the reference to ``the model form of
assignment'' and replaced it with ``the requisite language below''
since there is not a model form of assignment.
Part B, first paragraph--revised second sentence to add ``or
debentures'' to indicate that one 15-day extension of the deadline for
claims is applicable for claims paid in cash or debentures.
Part B, item 1--``(insert the unpaid balance as of the date of
assignment)'' has been changed to ``[insert the unpaid balance as of
the date of assignment]'' as this language is instructive and should
not appear within the actual endorsement on the Note. Also, ``note''
was changed to ``Note'' within the requisite language, since the
references are to the promissory Note.
Part B, item 2--removed ``, certified by the recording official''
as this language was redundant. Also, revised the requisite
Indemnification Agreement language for consistency with the form of
Indemnification Agreement in Part B, item 1, to read as follows:
[Insert name of the mortgagee] agrees to indemnify and hold
harmless the Secretary of Housing and Urban Development and his/her
successors and assigns against any loss, costs, or charges
whatsoever, including attorney's fees, which may be sustained by the
Secretary as a result of the failure of the mortgagee to furnish an
original copy of [insert description of document].''
Part B, item 4--removed ``, if recorded'' at the end of the first
sentence, as this language was redundant.
Part B, item 5--revised the first sentence to read as follows, for
clarity: ``The original security agreement/chattel mortgage, or a
certified copy. All certifications must be made by the recording
official.'' Also revised the second sentence to remove the sample
Indemnification Agreement provision and cross-reference instead to Part
B, item 2.
Part B, item 7--revised the first sentence to read as follows, for
clarity: ``Original interim assignments of the
[[Page 41198]]
[Security Agreement][Chattel Mortgage], or certified copies. All
certifications must be made by the recording official.'' Also, in the
next sentence, changed ``are unrecorded'' to ``were not recorded'', and
referred to the form of Indemnification Agreement in Part B, item 2.
Part B, item 8--changed references to the ``Uniform Commercial
Code'' to ``UCC'' since the term was defined in Part A, item 2. Also
changed ``ATIMA'' to ``as their interests may appear'' for clarity.
Under ``Lapsed UCC filings'', removed ``as applicable'' at the end of
the first paragraph. Under ``UCC filing was never filed'', the
following sentence was added at the end of the first paragraph: ``The
mortgagee must also submit an Indemnification Agreement that contains
the following language and is otherwise acceptable to HUD:''.
Part B, item 8--under ``Lapsed UCC filings * * *'' and ``UCC filing
was never filed''--revised the paragraphs regarding Indemnification
Agreements to include the requisite language, so that the Legal
Instructions would be formatted like Part B, items 1 and 2.
Part B, item 9--changed ``the Departmental regulations'' to ``HUD
regulations'' for clarity.
Part B, item 10 has been revised to indicate that the evidence of
property insurance is acceptable if accompanied by an affidavit from
the mortgagee that the hazard insurance policy is in full force and
effect as of the date of assignment to the Secretary, since mortgagees
are no longer able to obtain an ACORD that does not state it is for
informational purposes only and does not confer rights upon the holder
of the policy. Requisite language for the mortgagee's affidavit has
been added.
Part B, item 12--``project loan'' was changed to ``Note'' for
accuracy, since the endorsement is on the Note.
Part B, item 13 has been added to require submission of additional
documents for loans insured under Section 232 of the National Housing
Act and processed under LEAN, including, but not limited to, an
assignment of the Master Lease and all corollary Subordination and Non-
Disturbance Agreements, the Deposit Account Control Agreement and any
Notice of Exclusive Control that has been delivered to the Bank (as
defined in the Deposit Account Control Agreement), and the
Intercreditor Agreement and all riders thereto.
Part B, former items 13, 14 and 15 have been re-numbered to items
14, 15, and 16, respectively.
Part B, re-numbered item 15 has been revised in the first full
paragraph after the Note, to indicate that if title insurance issues
cannot be resolved within the deadline ``(including extensions)'',
interest will be curtailed ``or the mortgage may be reassigned to the
mortgagee, thereby requiring the mortgagee to reimburse the Secretary
the amounts paid plus interest.''
Part B, re-numbered item 16 has been revised to change ``HUD'' to
``the Secretary'' for consistency.
Part B, final Note at end, has been revised to add that HUD
reserves the right ``in its sole discretion'' to refuse to accept an
Indemnification Agreement.
The revised Legal Instructions, which reflects new language added
in bold, and language removed in strikeout is attached as Appendix A.
Agency form numbers, if applicable: N/A.
Members of affected public: Mortgagees when applying for insurance
benefits from HUD.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response:
----------------------------------------------------------------------------------------------------------------
Frequency of Total burden
Number of respondents Burden hours response hours
----------------------------------------------------------------------------------------------------------------
359.......................................................... 26 1 9,334
----------------------------------------------------------------------------------------------------------------
Status of the proposed information collection: Extension of a
currently approved collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35, as amended.
Dated: July 9, 2012.
Aaron Santa Anna,
Assistant General Counsel for Regulations.
[FR Doc. 2012-17018 Filed 7-11-12; 8:45 am]
BILLING CODE 4210-67-P
