Notice of Aged Delinquent Portfolio Loan Sale (ADPLS), 30545-30547 [2016-11616]
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30545
Federal Register / Vol. 81, No. 95 / Tuesday, May 17, 2016 / Notices
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Substance Abuse and Mental Health
Services Administration
Agency Information Collection
Activities: Proposed Collection;
Comment Request
In compliance with Section
3506(c)(2)(A) of the Paperwork
Reduction Act of 1995 concerning
opportunity for public comment on
proposed collections of information, the
Substance Abuse and Mental Health
Services Administration (SAMHSA)
will publish periodic summaries of
proposed projects. To request more
information on the proposed projects or
to obtain a copy of the information
collection plans, call the SAMHSA
Reports Clearance Officer on (240) 276–
1243.
Comments are invited on: (a) Whether
the proposed collections of information
are necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Proposed Project: Mental Health First
Aid Evaluation—NEW.
The Substance Abuse and Mental
Health Services Administration’s
(SAMHSA) Center for Mental Health
Services (CMHS) is requesting approval
from the Office of Management and
Budget (OMB) for new data collection
activities associated with its Mental
Health First Aid (MHFA) program.
This information is needed to
evaluate implementation of MHFA and
Youth Mental Health First Aid in three
distinct grant programs: Project
Advancing Wellness and Resilience in
Education (AWARE) State Education
Agency (SEA) Cooperative Agreements,
which provide funding to support
MHFA and YMHFA training to state
education agencies; Project AWARE
Local Education Agency (LEA) Grants,
which provide funding to school
districts; and Project AWARE
Community (C), a new funding
opportunity in fiscal year 2015 that is
intended to support MHFA and YMHFA
training through a wide range of
community organizations.
The MHFA/YMHFA evaluation will
address both overarching and programspecific questions related to the
Responses
per
respondent
Number of
respondents
Instrument/activity
implementation and effectiveness of
widespread dissemination of mental
health literacy programs through these
three distinct funding mechanisms and
increase SAMHSA’s understanding of
training, referral benefits, and issues in
varied milieu (e.g., implementation
climate, leadership). These evaluation
questions are essential to address
because, although MHFA/YMHFA has a
track record and well-articulated theory
of action, it is vital for SAMHSA to be
able to identify factors that are expected
to increase or decrease the extent
MHFA/YMHFA is disseminated and
implemented with quality.
This data collection is covered under
the requirements of Public Law 103–62,
the Government Performance and
Results Act (GPRA) of 1993,Title 38,
section 527, Evaluation and Data
Collection, as well as 38 CFR 1.15,
Standards for Program Evaluation.
SAMHSA is requesting clearance for
four data collection instruments:
(1) MHFA/YMHFA Pre-Training
Survey.
(2) MHFA/YMHFA Post-Training
Survey.
(3) MHFA/YMHFA 3-Month and 6Month Follow-Up Survey.
(4) Qualitative protocol for interviews
with site coordinators.
The table below reflects the
annualized hourly burden.
Total
responses
Hours per
response
Total burden
hours
MHFA/YMHFA Pre-Training Survey ....................................
MHFA/YMHFA Post-Training Survey ..................................
MHFA/YMHFA 3-Month Follow-Up Survey .........................
MHFA/YMHFA 6-Month Follow-Up Survey .........................
Qualitative Interviews ...........................................................
22,800
22,800
19,380
17,100
23
1
1
1
1
1
22,800
22,800
19,380
17,100
23
.33
.25
.17
.17
.75
7,524
5,700
3,294
2,907
17.25
Total ..............................................................................
22,823
........................
82,103
........................
19,442
Send comments to Summer King,
SAMHSA Reports Clearance Officer,
5600 Fishers Lane, Room 15E57–B,
Rockville, Maryland, 20857 or email her
a copy at
summer.king@samhsa.hhs.gov. Written
comments should be received by July
18, 2016.
Summer King,
Statistician.
jstallworth on DSK7TPTVN1PROD with NOTICES
[FR Doc. 2016–11560 Filed 5–16–16; 8:45 am]
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5949–N–01]
Notice of Aged Delinquent Portfolio
Loan Sale (ADPLS)
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice of sales of mortgage
loans.
AGENCY:
BILLING CODE 4162–20–P
This notice announces HUD’s
intention to competitively sell certain
unsubsidized single family mortgage
loans, in a sealed bid sale offering called
ADPLS, without Federal Housing
Administration (FHA) mortgage
insurance. This notice also generally
SUMMARY:
VerDate Sep<11>2014
15:32 May 16, 2016
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describes the bidding process for the
sale and certain persons who are
ineligible to bid. This is the first ADPLS
offering, and the sale will be held on
May 18, 2016.
DATES: For this sale action, the Bidder’s
Information Package (BIP) was made
available to qualified bidders on April
11, 2016. Bids for the ADPLS sale will
be accepted on the Bid Date of May 18,
2016 (Bid Date). HUD anticipates that
award(s) will be made on or after May
18, 2016 (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 via
the HUD Web site at: https://
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30546
Federal Register / Vol. 81, No. 95 / Tuesday, May 17, 2016 / Notices
www.hud.gov/sfloansales or via: https://
www.verdiassetsales.com. Please
execute electronically or mail and fax
executed documents to Verdi
Consulting, Inc.: Verdi Consulting, Inc.,
8400 Westpark Drive, 4th Floor,
McLean, VA 22102, Attention: HUD
ADPLS Coordinator, Fax: 1–703–584–
7790.
John
Lucey, 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.
FOR FURTHER INFORMATION CONTACT:
HUD
announces its intention to sell in
ADPLS certain unsubsidized nonperforming 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.
SUPPLEMENTARY INFORMATION:
jstallworth on DSK7TPTVN1PROD with NOTICES
The Bidding Process
The BIP describes in detail the
procedure for bidding in ADPLS. The
BIP also includes a standardized nonnegotiable 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
ADPLS, settlements are expected to take
place on or about June 27, 2016, and
July 29th, 2016.
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.
VerDate Sep<11>2014
15:32 May 16, 2016
Jkt 238001
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 ADPLS 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.
Deliveries of Mortgage Loans will occur
in at least two settlements and the
number of Mortgage Loans delivered
will vary depending upon the number of
Mortgage Loans the Participating
Servicers have submitted for the
payment of an FHA insurance claim.
The Participating Servicers will not be
able to submit claims on loans that are
not included in the Mortgage Loan
Portfolio set forth in the BIP.
There can be no assurance that any
Participating Servicer will deliver a
minimum number of Mortgage Loans to
HUD or that a minimum number of
Mortgage Loans will be delivered to the
Purchaser.
The ADPLS 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 for this specific sale
transaction. For ADPLS, HUD has
determined that 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 ADPLS as a
qualified bidder, a prospective bidder
must complete, execute and submit both
a Confidentiality Agreement and a
Qualification Statement acceptable to
HUD. In the Qualification Statement,
the prospective bidder must provide
certain representations and warranties
regarding (i) a prospective bidder, (ii) a
prospective bidder’s board of directors,
(iii) a prospective bidder’s direct parent,
(iii) a prospective bidder’s subsidiaries,
and (iv) any related entity with which
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Fmt 4703
Sfmt 4703
the prospective bidder shares a common
officer, director, subcontractor or subcontractor who has access to
Confidential Information as defined in
the Confidentiality Agreement or is
involved in the formation of a bid
transaction (‘‘Related Entities’’), and (v)
a prospective bidder’s repurchase
lenders. The prospective bidder is
ineligible to bid on any of the Mortgage
Loans included in ADPLS if the
prospective bidder, its Related Entities
or its repurchase lenders, is any of the
following, unless other exceptions apply
as provided for the in Qualification
Statement.
1. An individual or entity that is
currently debarred, suspended, or
excluded from doing business with
HUD pursuant to the Governmentwide
Suspension and Debarment regulations
at Title 2 of the Code of Federal
Regulations, Parts 180 and 2424;
2. An individual or entity that is
currently 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;
3. An individual or entity that is
currently 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;
4. An entity that has had its right to
act as a Government National Mortgage
Association (‘‘Ginnie Mae’’) issuer
terminated and its interest in mortgages
backing Ginnie Mae mortgage-backed
securities extinguished by Ginnie Mae;
5. An individual or entity that is in
violation of its neighborhood stabilizing
outcome obligations or post-sale
reporting requirements under a
Conveyance, Assignment and
Assumption Agreement executed for a
past sale;
6. An employee of HUD’s Office of
Housing, 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 with household to be
inclusive of the employee’s father,
mother, stepfather, stepmother, brother,
sister, stepbrother, stepsister, son,
daughter, stepson, stepdaughter,
grandparent, grandson, granddaughter,
father-in-law, mother-in-law, brother-inlaw, sister-in-law, son-in-law, daughterin-law, first cousin, the spouse of any of
the foregoing, and the employee’s
spouse;
7. A contractor, subcontractor and/or
consultant or advisor (including any
E:\FR\FM\17MYN1.SGM
17MYN1
jstallworth on DSK7TPTVN1PROD with NOTICES
Federal Register / Vol. 81, No. 95 / Tuesday, May 17, 2016 / Notices
agent, employee, partner, director, or
principal of any of the foregoing) who
performed services for or on behalf of
HUD in connection with the sale;
8. An individual or entity that
knowingly acquired or will acquire
prior to the sale date material nonpublic information, other than that
information which is made available to
Bidder by HUD pursuant to the terms of
this Qualification Statement, about
Mortgage Loans offered in the sale;
9. An individual or entity that
knowingly uses the services, directly or
indirectly, of any person or entity
ineligible under 1 through 11 to assist
in preparing any of its bids on the
Mortgage Loans;
10. An individual or entity which
knowingly employs or uses the services
of an employee of HUD’s Office of
Housing (other than in such employee’s
official capacity); or
11. A Participating Servicer that
contributed Mortgage Loans to a pool on
which the Bidder is placing a bid.
The Qualification Statement has
additional representations and
warranties which the prospective bidder
must make, including but not limited to
the representation and warranty that the
prospective bidder or its Related
Entities are not and will not knowingly
use the services, directly or indirectly,
of any person or entity that is, any of the
following (and to the extent that any
such individual or entity would prevent
Bidder from making the following
representations, such individual or
entity has been removed from
participation in all activities related to
this sale and has no ability to influence
or control individuals involved in
formation of a bid for this sale):
(1) An entity or individual is
ineligible to bid on any included
Mortgage Loan or on the pool containing
such Mortgage Loan because it is an
entity or individual that:
(a) Serviced or held any Mortgage
Loan at any time during the two-year
period prior to the bid, or
(b) Is any principal of any entity or
individual described in the preceding
sentence;
(c) Any employee or subcontractor of
such entity or individual during that
two-year period; or
(d) 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 ADPLS,
including, but not limited to, the
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15:32 May 16, 2016
Jkt 238001
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 ADPLS, HUD
will disclose any information that HUD
is obligated to disclose pursuant to the
Freedom of Information Act and all
regulations promulgated thereunder.
30547
before 4 p.m. The meetings will include
a public comment period at
approximately 8:30 a.m. and
approximately 4:00 p.m.
Dated: May 11, 2016.
Edward L. Golding,
Principal Deputy Assistant Secretary for
Housing.
Lisa
Ross, Public Affairs Specialist, Carson
City District Office, 5665 Morgan Mill
Road, Carson City, NV 89701,
telephone: (775) 885–6107, email:
lross@blm.gov. Persons who use a
telecommunications device for the deaf
(TDD) may call the Federal Information
Relay Service (FIRS) at 1–800–877–8339
to contact the above individual during
normal business hours. The FIRS is
available 24 hours a day, 7 days a week,
to leave a message or question with the
above individual. You will receive a
reply during normal business hours.
[FR Doc. 2016–11616 Filed 5–16–16; 8:45 am]
SUPPLEMENTARY INFORMATION:
Scope of Notice
This notice applies to ADPLS and
does not establish HUD’s policy for the
sale of other mortgage loans.
BILLING CODE 4210–67–P
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[LLNV912000. L12200000.PM0000
LXSS006F0000 261A; 14–1109; MO#
4500093084]
Notice of Public Meetings: Sierra
Front-Northwestern Great Basin
Resource Advisory Council, Nevada
Bureau of Land Management,
Interior.
ACTION: Notice of public meetings.
AGENCY:
In accordance with the
Federal Land Policy and Management
Act (FLPMA) and the Federal Advisory
Committee Act of 1972 (FACA), the U.S.
Department of the Interior, Bureau of
Land Management (BLM) Sierra FrontNorthwestern Great Basin Resource
Advisory Council (RAC), will hold two
meetings in Nevada, in 2016. The
meetings are open to the public.
DATES AND TIMES: June 2 and 3 at the
BLM Winnemucca, Nevada District. A
meeting will be held on Thursday, June
2, at the Winnemucca BLM District
Office (5100 East Winnemucca Blvd.) in
Winnemucca, Nevada. A field trip will
be held on Friday, June 3 within the
Winnemucca BLM District. The second
meeting will be held August 11 and 12,
at the BLM Carson City, Nevada District.
A meeting will be held on Thursday,
August 11, at the Carson City BLM
District Office (5665 Morgan Mill Road)
in Carson City, Nevada. A field trip will
be held on Friday, August 12 within the
Carson City BLM District. Approximate
meeting times are 8 a.m. to 4 p.m.
However, meetings could end earlier if
discussions and presentations conclude
SUMMARY:
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FOR FURTHER INFORMATION CONTACT:
The 15member Council advises the Secretary
of the Interior, through the BLM, on a
variety of planning and management
issues associated with public land
management in Nevada. Topics for
discussion at the meeting will include,
but are not limited to:
• June 2 & 3—landscape vegetative
management, rangeland health
assessments, Fire Invasive Assessment
Tool (FIAT), sage grouse, drought, and
fire restoration. Managers’ reports of
district office activities will be
distributed at each meeting.
• August 11 & 12—Sage Grouse, Wild
Horse & Burro, Land Health projects,
Managers’ report of district office
activities will be distributed at each
meeting.
The Council may raise other topics at
the meetings.
Final agendas will be posted on-line
at the BLM Sierra Front-Northwestern
Great Basin RAC Web site at https://
www.blm.gov/nv/st/en/res/
resource_advisory.html and will be
published in local and regional media
sources at least 14 days before each
meeting.
Individuals who need special
assistance such as sign language
interpretation or other reasonable
accommodations, or who wish to
receive a copy of each agenda, may
contact Lisa Ross no later than 10 days
prior to each meeting.
Steve Clutter,
Chief, Office of Communications.
[FR Doc. 2016–11572 Filed 5–16–16; 8:45 am]
BILLING CODE 4310–HC–P
E:\FR\FM\17MYN1.SGM
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]]>Agencies
[Federal Register Volume 81, Number 95 (Tuesday, May 17, 2016)]
[Notices]
[Pages 30545-30547]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-11616]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5949-N-01]
Notice of Aged Delinquent Portfolio Loan Sale (ADPLS)
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 ADPLS, 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 is the first ADPLS offering, and the sale will be held on May 18,
2016.
DATES: For this sale action, the Bidder's Information Package (BIP) was
made available to qualified bidders on April 11, 2016. Bids for the
ADPLS sale will be accepted on the Bid Date of May 18, 2016 (Bid Date).
HUD anticipates that award(s) will be made on or after May 18, 2016
(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 via the HUD Web site at: https://
[[Page 30546]]
www.hud.gov/sfloansales or via: https://www.verdiassetsales.com. Please
execute electronically or mail and fax executed documents to Verdi
Consulting, Inc.: Verdi Consulting, Inc., 8400 Westpark Drive, 4th
Floor, McLean, VA 22102, Attention: HUD ADPLS Coordinator, Fax: 1-703-
584-7790.
FOR FURTHER INFORMATION CONTACT: John Lucey, 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 ADPLS
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 ADPLS. 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 ADPLS,
settlements are expected to take place on or about June 27, 2016, and
July 29th, 2016.
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 ADPLS 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. Deliveries of Mortgage Loans will occur in at least two
settlements and the number of Mortgage Loans delivered will vary
depending upon the number of Mortgage Loans the Participating Servicers
have submitted for the payment of an FHA insurance claim. The
Participating Servicers will not be able to submit claims on loans that
are not included in the Mortgage Loan Portfolio set forth in the BIP.
There can be no assurance that any Participating Servicer will
deliver a minimum number of Mortgage Loans to HUD or that a minimum
number of Mortgage Loans will be delivered to the Purchaser.
The ADPLS 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 for this specific sale transaction. For ADPLS,
HUD has determined that 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 ADPLS as a qualified bidder, a prospective
bidder must complete, execute and submit both a Confidentiality
Agreement and a Qualification Statement acceptable to HUD. In the
Qualification Statement, the prospective bidder must provide certain
representations and warranties regarding (i) a prospective bidder, (ii)
a prospective bidder's board of directors, (iii) a prospective bidder's
direct parent, (iii) a prospective bidder's subsidiaries, and (iv) any
related entity with which the prospective bidder shares a common
officer, director, subcontractor or sub-contractor who has access to
Confidential Information as defined in the Confidentiality Agreement or
is involved in the formation of a bid transaction (``Related
Entities''), and (v) a prospective bidder's repurchase lenders. The
prospective bidder is ineligible to bid on any of the Mortgage Loans
included in ADPLS if the prospective bidder, its Related Entities or
its repurchase lenders, is any of the following, unless other
exceptions apply as provided for the in Qualification Statement.
1. An individual or entity that is currently debarred, suspended,
or excluded from doing business with HUD pursuant to the Governmentwide
Suspension and Debarment regulations at Title 2 of the Code of Federal
Regulations, Parts 180 and 2424;
2. An individual or entity that is currently 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;
3. An individual or entity that is currently 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;
4. An entity that has had its right to act as a Government National
Mortgage Association (``Ginnie Mae'') issuer terminated and its
interest in mortgages backing Ginnie Mae mortgage-backed securities
extinguished by Ginnie Mae;
5. An individual or entity that is in violation of its neighborhood
stabilizing outcome obligations or post-sale reporting requirements
under a Conveyance, Assignment and Assumption Agreement executed for a
past sale;
6. An employee of HUD's Office of Housing, 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 with household to be
inclusive of the employee's father, mother, stepfather, stepmother,
brother, sister, stepbrother, stepsister, son, daughter, stepson,
stepdaughter, grandparent, grandson, granddaughter, father-in-law,
mother-in-law, brother-in-law, sister-in-law, son-in-law, daughter-in-
law, first cousin, the spouse of any of the foregoing, and the
employee's spouse;
7. A contractor, subcontractor and/or consultant or advisor
(including any
[[Page 30547]]
agent, employee, partner, director, or principal of any of the
foregoing) who performed services for or on behalf of HUD in connection
with the sale;
8. An individual or entity that knowingly acquired or will acquire
prior to the sale date material non-public information, other than that
information which is made available to Bidder by HUD pursuant to the
terms of this Qualification Statement, about Mortgage Loans offered in
the sale;
9. An individual or entity that knowingly uses the services,
directly or indirectly, of any person or entity ineligible under 1
through 11 to assist in preparing any of its bids on the Mortgage
Loans;
10. An individual or entity which knowingly employs or uses the
services of an employee of HUD's Office of Housing (other than in such
employee's official capacity); or
11. A Participating Servicer that contributed Mortgage Loans to a
pool on which the Bidder is placing a bid.
The Qualification Statement has additional representations and
warranties which the prospective bidder must make, including but not
limited to the representation and warranty that the prospective bidder
or its Related Entities are not and will not knowingly use the
services, directly or indirectly, of any person or entity that is, any
of the following (and to the extent that any such individual or entity
would prevent Bidder from making the following representations, such
individual or entity has been removed from participation in all
activities related to this sale and has no ability to influence or
control individuals involved in formation of a bid for this sale):
(1) An entity or individual is ineligible to bid on any included
Mortgage Loan or on the pool containing such Mortgage Loan because it
is an entity or individual that:
(a) Serviced or held any Mortgage Loan at any time during the two-
year period prior to the bid, or
(b) Is any principal of any entity or individual described in the
preceding sentence;
(c) Any employee or subcontractor of such entity or individual
during that two-year period; or
(d) 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 ADPLS, 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 ADPLS, HUD will
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 ADPLS and does not establish HUD's policy
for the sale of other mortgage loans.
Dated: May 11, 2016.
Edward L. Golding,
Principal Deputy Assistant Secretary for Housing.
[FR Doc. 2016-11616 Filed 5-16-16; 8:45 am]
BILLING CODE 4210-67-P
