Notice of HUD-Held Multifamily Loan Sale (MLS 2014-1), 74157-74159 [2013-29440]

Download as PDF Federal Register / Vol. 78, No. 237 / Tuesday, December 10, 2013 / Notices Public Participation and Request for Comments This Notice relies on the authority of the Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 35, as amended. An ICR is an application to OIRA seeking the approval, extension, or renewal of a Coast Guard collection of information (Collection). The ICR contains information describing the Collection’s purpose, the Collection’s likely burden on the affected public, an explanation of the necessity of the Collection, and other important information describing the Collection. There is one ICR for each Collection. The Coast Guard invites comments on whether these ICRs should be granted based on the Collections being necessary for the proper performance of Departmental functions. In particular, the Coast Guard would appreciate comments addressing: (1) The practical utility of the Collections; (2) the accuracy of the estimated burden of the Collections; (3) ways to enhance the quality, utility, and clarity of information subject to the Collections; and (4) ways to minimize the burden of the Collections on respondents, including the use of automated collection techniques or other forms of information technology. These comments will help OIRA determine whether to approve the ICR(s) referred to in this Notice. We encourage you to respond to this request by submitting comments and related materials. Comments to Coast Guard or OIRA must contain the OMB Control Number of the ICR. They must also contain the docket number of this request, [USCG 2013–0782], and must be received by January 9, 2014. We will post all comments received, without change, to http://www.regulations.gov. They will include any personal information you provide. We have an agreement with DOT to use their DMF. Please see the ‘‘Privacy Act’’ paragraph below. maindgalligan on DSK5TPTVN1PROD with NOTICES Submitting Comments If you submit a comment, please include the docket number [USCG– 2013–0782]; indicate the specific section of the document to which each comment applies, providing a reason for each comment. You may submit your comments and material online (via http://www.regulations.gov), by fax, mail, or hand delivery, but please use only one of these means. If you submit a comment online via www.regulations.gov, it will be considered received by the Coast Guard when you successfully transmit the comment. If you fax, hand deliver, or VerDate Mar<15>2010 18:48 Dec 09, 2013 Jkt 232001 mail your comment, it will be considered as having been received by the Coast Guard when it is received at the DMF. We recommend you include your name, mailing address, an email address, or other contact information in the body of your document so that we can contact you if we have questions regarding your submission. You may submit comments and material by electronic means, mail, fax, or delivery to the DMF at the address under ADDRESSES, but please submit them by only one means. To submit your comment online, go to http:// www.regulations.gov, and type ‘‘USCG– 2013–0782’’ in the ‘‘Keyword’’ box. If you submit your comments by mail or hand delivery, submit them in an unbound format, no larger than 81⁄2 by 11 inches, suitable for copying and electronic filing. If you submit comments by mail and would like to know that they reached the Facility, please enclose a stamped, self-addressed postcard or envelope. We will consider all comments and material received during the comment period and will address them accordingly. Viewing Comments and Documents To view comments, as well as documents mentioned in this Notice as being available in the docket, go to http://www.regulations.gov, click on the ‘‘read comments’’ box, which will then become highlighted in blue. In the ‘‘Keyword’’ box insert ‘‘USCG–2013– 0782’’ and click ‘‘Search.’’ Click the ‘‘Open Docket Folder’’ in the ‘‘Actions’’ column. You may also visit the DMF in Room W12–140 on the ground floor of the DOT West Building, 1200 New Jersey Avenue SE., Washington, DC 20590, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. OIRA posts its decisions on ICRs online at http://www.reginfo.gov/public/ do/PRAMain after the comment period for each ICR. An OMB Notice of Action on each ICR will become available via a hyperlink in the OMB Control Number: 1625–0102. Privacy Act Anyone can search the electronic form of comments received in dockets by the name of the individual submitting the comment (or signing the comment, if submitted on behalf of an association, business, labor union, etc.). You may review a Privacy Act statement regarding Coast Guard public dockets in the January 17, 2008, issue of the Federal Register (73 FR 3316). PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 74157 Previous Request for Comments This request provides a 30-day comment period required by OIRA. The Coast Guard published the 60-day notice (78 FR 54666, September 5, 2013) required by 44 U.S.C. 3506(c)(2). That Notice elicited no comments. Information Collection Request 1. Title: National Response Resource Inventory. OMB Control Number: 1625–0102. Type Of Request: Revision of a currently approved collection. Respondents: Oil spill removal organizations. Abstract: The information is needed to improve the effectiveness of deploying response equipment in the event of an oil spill. It may also be used in the development of contingency plans. Respondents are oil spill removal organizations. Forms: None. Burden Estimate: The estimated burden has increased from 1,296 hours to 1,752 hours a year due to an increase in the estimated annual number of respondents. Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 35, as amended. Dated: November 25, 2013. R.E. Day, Rear Admiral, U.S. Coast Guard, Assistant Commandant for Command, Control, Communications, Computers and Information Technology. [FR Doc. 2013–29368 Filed 12–9–13; 8:45 am] BILLING CODE 9110–04–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5748–N–01] Notice of HUD-Held Multifamily Loan Sale (MLS 2014–1) Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice of sale of an individual mortgage loan. AGENCY: This notice announces HUD’s intention to sell an unsubsidized multifamily mortgage loan, without Federal Housing Administration (FHA) insurance, in a competitive auction limited to participation by Units of Local Governments (ULGs) and Nonprofit Corporations on December 12, 2013 (MLS 2014–1). This notice also describes generally the bidding process for the sale and certain persons who are ineligible to bid. DATES: A Bidder’s Information Package (BIP) was made available on or about SUMMARY: E:\FR\FM\10DEN1.SGM 10DEN1 74158 Federal Register / Vol. 78, No. 237 / Tuesday, December 10, 2013 / Notices maindgalligan on DSK5TPTVN1PROD with NOTICES November 18, 2013. Bids for the loan must be submitted on the bid date of December 12, 2013, during the specified timeframe. HUD anticipates that the award will be made on or shortly after bid day, December 12, 2013. Closing is expected to take place between December 18, 2013, and December 20, 2013. 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 www.hud.gov/ fhaloansales. Please mail and fax executed documents to JS Watkins Realty Partners, LLC: J.S. Watkins Realty Partners, LLC, c/o The Debt Exchange, 133 Federal Street, 10th Floor, Boston, MA 02111, Attention: MLS 2014–1 Sale Coordinator, Fax: 1–978–967–8607. FOR FURTHER INFORMATION CONTACT: John Lucey, Deputy Director, Asset Sales Office, Room 3136, U.S. 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 MLS 2014–1, an individual unsubsidized multifamily mortgage loan (Mortgage Loan) secured by one (1) multifamily property located in St. Louis, Missouri. The Mortgage Loan is a non-performing mortgage loan. A listing of this Mortgage Loan is included in the BIP. The Mortgage Loan will be sold without FHA insurance and with servicing released. HUD will offer qualified bidders an opportunity to bid competitively on the Mortgage Loan. Qualified bidders may submit bids on this Mortgage Loan. A mortgagor who is a qualified bidder may submit an individual bid on its own Mortgage Loan. Interested Mortgagors should review the Qualification Statement to determine whether they may also be eligible to qualify to submit a bid. The Bidding Process The BIP describes in detail the procedure for bidding MLS 2014–1. The BIP also includes a standardized nonnegotiable loan sale agreement (Loan Sale Agreement). As part of its bid, each bidder must submit a minimum deposit of the greater of 10 percent or $100,000. HUD will evaluate the bids submitted and determine the successful bids in its sole and absolute discretion. If a bidder is VerDate Mar<15>2010 18:48 Dec 09, 2013 Jkt 232001 successful, the bidder’s deposit will be non-refundable and will be applied toward the purchase price. Deposits will be returned to unsuccessful bidders. The Closing is expected to take place between December 18, 2013 and December 20, 2013. These are the essential terms of sale. The BIP and the Loan Sale Agreement, which is included in the BIP, contains additional terms and details. To ensure a competitive bidding process, the terms of the bidding process and the Loan Sale Agreement are not subject to negotiation. Due Diligence Review The BIP describes the due diligence process for reviewing the loan file in MLS 2014–1. Qualified bidders can access loan information remotely via a high-speed Internet connection. Further information on performing due diligence review of the Mortgage Loan is provided in the BIP. Mortgage Loan Sale Policy HUD reserves the right to add Mortgage Loans to or delete the Mortgage Loan from MLS 2014–1 at any time prior to the Award Date. HUD also reserves the right to reject any and all bids, in whole or in part, without prejudice to HUD’s right to include the Mortgage Loan in a later sale. The Mortgage Loan will not be withdrawn after the Award Date except as is specifically provided in the Loan Sale Agreement. This is a sale of an unsubsidized mortgage loan, pursuant to Section 204(a) of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act of 1997, (12 U.S.C. 1715z–11a(a)). Mortgage Loan Sale Procedure HUD selected a competitive sale as the method to sell the Mortgage Loan. This method of sale optimizes HUD’s return on the sale of this Mortgage Loan, affords the greatest opportunity for all qualified bidders to bid on the Mortgage Loan, and provides the quickest and most efficient vehicle for HUD to dispose of the Mortgage Loan. Bidder Eligibility In order to bid in the sale, a prospective 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 the Mortgage Loan included in the MLS 2014–1: PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 1. Any 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. Any 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 24; 3. Any 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 MLS 2014–1; 4. Any individual who was a principal, partner, director, agent or employee of any entity or individual described in subparagraph 3 above, at any time during which the entity or individual performed services for or on behalf of HUD in connection with MLS 2014–1; 5. Any individual or entity that uses the services, directly or indirectly, of any person or entity ineligible under subparagraphs 1 through 4 above to assist in preparing any of its bids on the Mortgage Loan; 6. Any 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 MLS 2014–1; 7. Any affiliate, principal or employee of any person or entity that, within the two-year period prior to December 1, 2013, serviced the Mortgage Loan or performed other services for or on behalf of HUD; 8. Any contractor or subcontractor to HUD that otherwise had access to information concerning the Mortgage Loan on behalf of HUD or provided services to any person or entity which, within the two-year period prior to December 1, 2013 had access to information with respect to the Mortgage Loan on behalf of HUD; 9. Any employee, officer, director or any other person that provides or will provide services to the potential bidder with respect to such Mortgage Loan during any warranty period established for the Loan Sale, that serviced the Mortgage Loan or performed other services for or on behalf of HUD or within the two-year period prior to December 1, 2013 or that provided services to any person or entity which serviced, performed services or otherwise had access to information with respect to the Mortgage Loan for or on behalf of HUD; 10. Any mortgagor or operator that failed to submit to HUD on or before E:\FR\FM\10DEN1.SGM 10DEN1 Federal Register / Vol. 78, No. 237 / Tuesday, December 10, 2013 / Notices March 31, 2013 audited financial statements for fiscal years 2010 through 2012 (for such time as the project has been in operation or the prospective bidder served as operator, if less than three (3) years) for a project securing a Mortgage Loan; 11. Any individual or entity, and any Related Party (as such term is defined in the Qualification Statement) of such individual or entity, that is a mortgagor in any of HUD’s multifamily housing programs or a mortgagor or operator in a healthcare facility (regardless of whether such mortgage loan is included in the Loan Sale) and that is in default under such mortgage loan or is in violation of any regulatory or business agreements with HUD and fails to cure such default or violation by no later than November 30, 2013. 12. Any individual or entity that is not/cannot be classified as a Unit of Local Government (ULG) or Non-profit Corporation. The Qualification Statement provides further details pertaining to eligibility requirements. Prospective bidders should carefully review the Qualification Statement to determine whether they are eligible to submit bids on the Mortgage Loans in this offering of MLS 2014–1. Freedom of Information Act Requests HUD reserves the right, in its sole and absolute discretion, to disclose information regarding MLS 2014–1, including, but not limited to, the identity of any successful bidder and its bid price or bid percentage for any individual loan, upon the closing of the sale of the Mortgage Loan. Even if HUD elects not to publicly disclose any information relating to MLS 2014–1, 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 maindgalligan on DSK5TPTVN1PROD with NOTICES This notice applies to MLS 2014–1 and does not establish HUD’s policy for the sale of other mortgage loans. Dated: December 5, 2013. Carol J. Galante, Assistant Secretary for Housing—Federal Housing Commissioner. [FR Doc. 2013–29440 Filed 12–9–13; 8:45 am] BILLING CODE 4210–67–P VerDate Mar<15>2010 18:48 Dec 09, 2013 Jkt 232001 DEPARTMENT OF THE INTERIOR Fish and Wildlife Service [FWS–R6–ES–2013–N197; FXES11110600000 FUND 145] Programmatic Candidate Conservation Agreement With Assurances for Least Chub Receipt of Application for Enhancement of Survival Permit Fish and Wildlife Service, Interior. ACTION: Notice of availability; receipt of application. AGENCY: We, the U.S. Fish and Wildlife Service (Service), have received an application from the Utah Division of Wildlife Resources (UDWR) for an enhancement of survival permit (permit) under the Endangered Species Act of 1973, as amended (Act). The permit application includes a proposed programmatic Candidate Conservation Agreement with Assurances (CCAA) for the least chub, a fish endemic to the Bonneville Basin of Utah. We have made a preliminary determination that the proposed CCAA and permit issuance are eligible for categorical exclusion under the National Environmental Policy Act of 1969 (NEPA). The basis for our preliminary determination is contained in an Environmental Action Statement. We are accepting comments on the permit application, the proposed CCAA, and the Environmental Action Statement. DATES: We must receive comments no later than January 9, 2014. ADDRESSES: Address all written comments to Larry Crist, by U.S. mail at the Utah Field Office, U.S. Fish and Wildlife Service, 2369 West Orton Circle, Suite 50, West Valley City, UT 84119; by facsimile at 801–975–3331; or by email to larry_crist@fws.gov. FOR FURTHER INFORMATION CONTACT: Larry Crist, Utah Field Office Supervisor, at 801–975–3330. If you use a telecommunications device for the deaf, you may call the Federal Information Relay Service at 800–877– 8339. SUMMARY: We, the U.S. Fish and Wildlife Service (Service), have received an application from the Utah Division of Wildlife Resources (UDWR) for an enhancement of survival permit (permit) under the Endangered Species Act of 1973, as amended (Act; 16 U.S.C. 1531 et seq.). The permit application includes a proposed programmatic Candidate Conservation Agreement with Assurances (CCAA) for the least chub (Iotichthys phlegethontis). We have SUPPLEMENTARY INFORMATION: PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 74159 made a preliminary determination that the proposed CCAA and permit application are eligible for categorical exclusion under the National Environmental Policy Act of 1969 (NEPA; 42 U.S.C. 4321 et seq.). The basis for our preliminary determination is contained in an Environmental Action Statement. We are accepting comments on the permit application, the proposed CCAA, and the Environmental Action Statement. Candidate Conservation Agreements With Assurances (CCAA) Under a Candidate Conservation Agreement with Assurances (CCAA), participating landowners voluntarily undertake management activities on their property to enhance, restore, or maintain habitat benefiting species that are proposed for listing or candidates for listing under the Endangered Species Act of 1973, as amended (the Act; 16 U.S.C. 1531 et seq.), or those species that may become candidates. Candidate Conservation Agreements with Assurances, and the subsequent permits that are issued pursuant to section 10(a)(1)(A) of the Act, encourage private and other non-Federal property owners to implement conservation efforts for species by assuring property owners that they will not be subjected to increased land use restrictions as a result of efforts to attract or increase the numbers or distribution of a listed species on their property, if that species becomes listed under the Act in the future. Candidate Conservation Agreement with Assurances permit application requirements and issuance criteria are found in 50 CFR 17.22(d) and 17.32(d). About This Proposed CCAA The purpose of this CCAA is for the Service to partner with the UDWR and participating non-Federal property owners (Participants) to implement conservation measures for least chub in a manner that is consistent with our Policy on CCAAs (June 17, 1999; 64 FR 32726) and applicable regulations. The conservation goal of this CCAA is to reduce the threats to least chub and its habitat and increase the number of viable, stable, and secure least chub populations within the species’ historic range. The CCAA project area includes all non-Federal lands in the Bonneville Basin of Utah encompassed by the current and historic distribution of least chub, including potentially suitable habitats within the following Utah counties: Beaver, Box Elder, Cache, Davis, Garfield, Iron, Juab, Kane, Millard, Morgan, Piute, Rich, Salt Lake, Sanpete, Sevier, Summit, Tooele, Utah, E:\FR\FM\10DEN1.SGM 10DEN1

Agencies

[Federal Register Volume 78, Number 237 (Tuesday, December 10, 2013)]
[Notices]
[Pages 74157-74159]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-29440]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5748-N-01]


Notice of HUD-Held Multifamily Loan Sale (MLS 2014-1)

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Notice of sale of an individual mortgage loan.

-----------------------------------------------------------------------

SUMMARY: This notice announces HUD's intention to sell an unsubsidized 
multifamily mortgage loan, without Federal Housing Administration (FHA) 
insurance, in a competitive auction limited to participation by Units 
of Local Governments (ULGs) and Non-profit Corporations on December 12, 
2013 (MLS 2014-1). This notice also describes generally the bidding 
process for the sale and certain persons who are ineligible to bid.

DATES: A Bidder's Information Package (BIP) was made available on or 
about

[[Page 74158]]

November 18, 2013. Bids for the loan must be submitted on the bid date 
of December 12, 2013, during the specified timeframe. HUD anticipates 
that the award will be made on or shortly after bid day, December 12, 
2013. Closing is expected to take place between December 18, 2013, and 
December 20, 2013.

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 www.hud.gov/fhaloansales. Please mail and fax executed documents to JS Watkins 
Realty Partners, LLC: J.S. Watkins Realty Partners, LLC, c/o The Debt 
Exchange, 133 Federal Street, 10th Floor, Boston, MA 02111, Attention: 
MLS 2014-1 Sale Coordinator, Fax: 1-978-967-8607.

FOR FURTHER INFORMATION CONTACT: John Lucey, Deputy Director, Asset 
Sales Office, Room 3136, U.S. 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 MLS 
2014-1, an individual unsubsidized multifamily mortgage loan (Mortgage 
Loan) secured by one (1) multifamily property located in St. Louis, 
Missouri. The Mortgage Loan is a non-performing mortgage loan. A 
listing of this Mortgage Loan is included in the BIP. The Mortgage Loan 
will be sold without FHA insurance and with servicing released. HUD 
will offer qualified bidders an opportunity to bid competitively on the 
Mortgage Loan.
    Qualified bidders may submit bids on this Mortgage Loan. A 
mortgagor who is a qualified bidder may submit an individual bid on its 
own Mortgage Loan. Interested Mortgagors should review the 
Qualification Statement to determine whether they may also be eligible 
to qualify to submit a bid.

The Bidding Process

    The BIP describes in detail the procedure for bidding MLS 2014-1. 
The BIP also includes a standardized non-negotiable loan sale agreement 
(Loan Sale Agreement).
    As part of its bid, each bidder must submit a minimum deposit of 
the greater of 10 percent or $100,000. HUD will evaluate the bids 
submitted and determine the successful bids in its sole and absolute 
discretion. If a bidder is successful, the bidder's deposit will be 
non-refundable and will be applied toward the purchase price. Deposits 
will be returned to unsuccessful bidders. The Closing is expected to 
take place between December 18, 2013 and December 20, 2013.
    These are the essential terms of sale. The BIP and the Loan Sale 
Agreement, which is included in the BIP, contains additional terms and 
details. To ensure a competitive bidding process, the terms of the 
bidding process and the Loan Sale Agreement are not subject to 
negotiation.

Due Diligence Review

    The BIP describes the due diligence process for reviewing the loan 
file in MLS 2014-1. Qualified bidders can access loan information 
remotely via a high-speed Internet connection. Further information on 
performing due diligence review of the Mortgage Loan is provided in the 
BIP.

Mortgage Loan Sale Policy

    HUD reserves the right to add Mortgage Loans to or delete the 
Mortgage Loan from MLS 2014-1 at any time prior to the Award Date. HUD 
also reserves the right to reject any and all bids, in whole or in 
part, without prejudice to HUD's right to include the Mortgage Loan in 
a later sale. The Mortgage Loan will not be withdrawn after the Award 
Date except as is specifically provided in the Loan Sale Agreement.
    This is a sale of an unsubsidized mortgage loan, pursuant to 
Section 204(a) of the Departments of Veterans Affairs and Housing and 
Urban Development, and Independent Agencies Appropriations Act of 1997, 
(12 U.S.C. 1715z-11a(a)).

Mortgage Loan Sale Procedure

    HUD selected a competitive sale as the method to sell the Mortgage 
Loan. This method of sale optimizes HUD's return on the sale of this 
Mortgage Loan, affords the greatest opportunity for all qualified 
bidders to bid on the Mortgage Loan, and provides the quickest and most 
efficient vehicle for HUD to dispose of the Mortgage Loan.

Bidder Eligibility

    In order to bid in the sale, a prospective 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 the Mortgage Loan included in the MLS 2014-1:
    1. Any 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. Any 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 24;
    3. Any 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 MLS 2014-1;
    4. Any individual who was a principal, partner, director, agent or 
employee of any entity or individual described in subparagraph 3 above, 
at any time during which the entity or individual performed services 
for or on behalf of HUD in connection with MLS 2014-1;
    5. Any individual or entity that uses the services, directly or 
indirectly, of any person or entity ineligible under subparagraphs 1 
through 4 above to assist in preparing any of its bids on the Mortgage 
Loan;
    6. Any 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 MLS 2014-1;
    7. Any affiliate, principal or employee of any person or entity 
that, within the two-year period prior to December 1, 2013, serviced 
the Mortgage Loan or performed other services for or on behalf of HUD;
    8. Any contractor or subcontractor to HUD that otherwise had access 
to information concerning the Mortgage Loan on behalf of HUD or 
provided services to any person or entity which, within the two-year 
period prior to December 1, 2013 had access to information with respect 
to the Mortgage Loan on behalf of HUD;
    9. Any employee, officer, director or any other person that 
provides or will provide services to the potential bidder with respect 
to such Mortgage Loan during any warranty period established for the 
Loan Sale, that serviced the Mortgage Loan or performed other services 
for or on behalf of HUD or within the two-year period prior to December 
1, 2013 or that provided services to any person or entity which 
serviced, performed services or otherwise had access to information 
with respect to the Mortgage Loan for or on behalf of HUD;
    10. Any mortgagor or operator that failed to submit to HUD on or 
before

[[Page 74159]]

March 31, 2013 audited financial statements for fiscal years 2010 
through 2012 (for such time as the project has been in operation or the 
prospective bidder served as operator, if less than three (3) years) 
for a project securing a Mortgage Loan;
    11. Any individual or entity, and any Related Party (as such term 
is defined in the Qualification Statement) of such individual or 
entity, that is a mortgagor in any of HUD's multifamily housing 
programs or a mortgagor or operator in a healthcare facility 
(regardless of whether such mortgage loan is included in the Loan Sale) 
and that is in default under such mortgage loan or is in violation of 
any regulatory or business agreements with HUD and fails to cure such 
default or violation by no later than November 30, 2013.
    12. Any individual or entity that is not/cannot be classified as a 
Unit of Local Government (ULG) or Non-profit Corporation.
    The Qualification Statement provides further details pertaining to 
eligibility requirements. Prospective bidders should carefully review 
the Qualification Statement to determine whether they are eligible to 
submit bids on the Mortgage Loans in this offering of MLS 2014-1.

Freedom of Information Act Requests

    HUD reserves the right, in its sole and absolute discretion, to 
disclose information regarding MLS 2014-1, including, but not limited 
to, the identity of any successful bidder and its bid price or bid 
percentage for any individual loan, upon the closing of the sale of the 
Mortgage Loan. Even if HUD elects not to publicly disclose any 
information relating to MLS 2014-1, 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 MLS 2014-1 and does not establish HUD's 
policy for the sale of other mortgage loans.

    Dated: December 5, 2013.
Carol J. Galante,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2013-29440 Filed 12-9-13; 8:45 am]
BILLING CODE 4210-67-P