Loan Guaranty: Maximum Allowable Attorney Fees, 9629-9631 [2017-02474]
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9629
Federal Register / Vol. 82, No. 24 / Tuesday, February 7, 2017 / Notices
The FAA is issuing this notice
to advise the public of a meeting of the
Twentieth Meeting of the NextGen
Advisory Committee (NAC).
DATES: The meeting will be held
February 22, 2017, 8:30 a.m.–3 p.m.
ADDRESSES: The meeting will be held at:
The MITRE Corporation, MITRE 1
Auditorium, 7525 Colshire Drive,
McLean, VA 22102.
FOR FURTHER INFORMATION CONTACT:
Andy Cebula, NAC Secretariat, 202–
330–0652, acebula@rtca.org,1150 18th
Street NW., Suite 910, Washington, DC
20036, or by fax at (202) 833–9434, or
Web site at https://www.rtca.org.
SUPPLEMENTARY INFORMATION: Pursuant
to section 10(a)(2) of the Federal
Advisory Committee Act (Pub. L. 92–
463, 5 U.S.C., App.), notice is hereby
given for a meeting of the Twentieth
Meeting of the NextGen Advisory
Committee (NAC). The agenda will
include the following:
SUMMARY:
February 22, 2017, 8:30 a.m. to 3:00
p.m.
1. Opening of Meeting/Introduction of
NAC Members—Chairman David
Bronczek
2. Official Statement of Designated
Federal Official—Victoria Wassmer,
FAA Acting Deputy Administrator
3. Review and Approval of October 5,
2016 Meeting Summary and
Revised Terms of Reference
4. Chairman’s Report—Chairman
Bronczek
5. FAA Report—FAA
6. NextGen Priorities Status: DataComm,
Multiple Runway Operations,
Surface, Performance Based
Navigation (PBN)
7. Airline C/N/S Fleet Plans—Alaska
Air, UPS; Supply Chain—
Honeywell; ADS–B Update—FAA
8. FAA NextGen Plan
9. Value of NextGen and NAC Ad Hoc
10. Joint Analysis Team—Indianapolis
International Airport (IND) Wake
ReCat
11. Enhanced Surveillance Task
Group—Interim Report
12. Summary of meeting and next steps
13. Closing Comments—DFO and NAC
Chairman
14. Other business
15. Adjourn
Although the NAC meeting is open to
the public, the meeting location has
limited space and security protocols
that require advanced registration.
U.S. Nationals: Please email bteel@
rtca.org with name, state-issued driver’s
license/ID number and state of issuance,
company, and phone number contact to
pre-register no later than February 13,
2017.
Foreign Nationals: Please email
bteel@rtca.org with name, company and
country of citizenship, birth date and
place of birth (city and country),
passport and Visa Numbers, I–94 stamp
and expiration date, employer and
address (identify whether U.S. or nonU.S. owned), and phone number contact
to pre-register no later than February 13,
2017.
With the approval of the Chairman,
members of the public may present oral
statements at the meeting. Persons
wishing to present statements or obtain
information should contact the person
listed in the FOR FURTHER INFORMATION
CONTACT section. Members of the public
may present a written statement to the
committee at any time.
Issued in Washington, DC, on February 2,
2017.
Mohannad Dawoud,
Management & Program Analyst, Partnership
Contracts Branch, ANG–A17, NextGen,
Procurement Services Division, Federal
Aviation Administration.
[FR Doc. 2017–02459 Filed 2–6–17; 8:45 am]
BILLING CODE 4910–13–P
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ACTION: Notice.
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SUMMARY:
Introductory
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Coin
Boys
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Boys
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Centennial
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Proof Silver Dollar ..............................................................................................................
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FOR FURTHER INFORMATION CONTACT:
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Mint; 801 9th Street NW., Washington,
DC 20220; or call 202–354–7500.
Lhorne on DSK30JT082PROD with NOTICES
Authority: Public Law 114–30.
Dated: February 2, 2017.
David Motl,
Acting Principal Deputy Director, United
States Mint.
[FR Doc. 2017–02498 Filed 2–6–17; 8:45 am]
BILLING CODE P
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DEPARTMENT OF VETERANS
AFFAIRS
Loan Guaranty: Maximum Allowable
Attorney Fees
AGENCY:
Department of Veterans Affairs
(VA).
ACTION:
Notice.
This notice provides updated
information to participants in the
Department of Veterans Affairs (VA)
Home Loan Guaranty program
concerning the maximum allowable
bankruptcy attorney fees that are
incurred by a servicer for legal services
performed on their behalf. The notice
also provides the allowable maximum
attorney fees in calculating the
indebtedness used to determine the
SUMMARY:
PO 00000
Frm 00071
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$47.95
46.95
21.95
20.95
Regular price
$52.95
51.95
26.95
25.95
guaranty claim payable upon loan
termination. The table in this notice
contains the amounts the Secretary has
determined to be reasonable and
customary for all States, following an
annual review of amounts allowed by
other government-related home loan
programs.
The new maximum amounts for
bankruptcy attorney fees will be
allowed for each bankruptcy filed on or
after March 9, 2017.
DATES:
Mr.
Andrew Trevayne, Assistant Director for
Loan and Property Management (261),
Loan Guaranty Service, Department of
Veterans Affairs, Washington, DC
20420, (202) 632–8795 (Not a toll-free
number).
FOR FURTHER INFORMATION CONTACT:
E:\FR\FM\07FEN1.SGM
07FEN1
9630
Federal Register / Vol. 82, No. 24 / Tuesday, February 7, 2017 / Notices
The VA
Home Loan Guaranty program
authorized by title 38, United States
Code (U.S.C.), Chapter 37, offers a
partial guaranty against loss to lenders
who make home loans to veterans. VA
regulations concerning the payment of
loan guaranty claims are set forth at 38
CFR 36.4300, et seq. Computation of
guaranty claims is addressed in 38 CFR
36.4324, which states that one part of
the indebtedness upon which the
guaranty percentage is applied is the
allowable expenses/advances as
described in 38 CFR 36.4314. Paragraph
(b)(5)(ii) of section 36.4314 describes the
procedures to be followed in
determining what constitutes the
reasonable and customary fees for legal
services in the termination of a loan.
The Secretary annually reviews
allowances for legal fees in connection
SUPPLEMENTARY INFORMATION:
with the termination of single-family
housing loans, including foreclosure,
deed-in-lieu of foreclosure, and
bankruptcy-related services, issued by
the Department of Housing and Urban
Development (HUD), the Federal
National Mortgage Association (Fannie
Mae), and the Federal Home Loan
Mortgage Corporation (Freddie Mac).
Based on increases in bankruptcy
attorney fees announced over the past
year by these entities, the Secretary has
deemed it necessary to publish in the
Federal Register a table setting forth the
revised amounts the Secretary now
determines to be reasonable and
customary for bankruptcy attorney fees.
The table reflects the primary method
for foreclosing in each state, either
judicial or non-judicial, with the
exception of those states where either
judicial or non-judicial is acceptable.
VA non-judicial
foreclosure 1 2
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Jurisdiction
Alabama .....................................................................................................................
Alaska ........................................................................................................................
American Samoa .......................................................................................................
Arizona .......................................................................................................................
Arkansas ....................................................................................................................
California ....................................................................................................................
Colorado ....................................................................................................................
Connecticut ................................................................................................................
Delaware ....................................................................................................................
District of Columbia ...................................................................................................
Florida ........................................................................................................................
Georgia ......................................................................................................................
Guam .........................................................................................................................
Hawaii ........................................................................................................................
Idaho ..........................................................................................................................
Illinois .........................................................................................................................
Indiana .......................................................................................................................
Iowa ...........................................................................................................................
Kansas .......................................................................................................................
Kentucky ....................................................................................................................
Louisiana ....................................................................................................................
Maine .........................................................................................................................
Maryland ....................................................................................................................
Massachusetts ...........................................................................................................
Michigan .....................................................................................................................
Minnesota ..................................................................................................................
Mississippi ..................................................................................................................
Missouri ......................................................................................................................
Montana .....................................................................................................................
Nebraska ....................................................................................................................
Nevada .......................................................................................................................
New Hampshire .........................................................................................................
New Jersey ................................................................................................................
New Mexico ...............................................................................................................
New York—Western Counties 3 .................................................................................
New York—Eastern Counties ....................................................................................
North Carolina ............................................................................................................
North Dakota ..............................................................................................................
Ohio ...........................................................................................................................
Oklahoma ...................................................................................................................
Oregon .......................................................................................................................
Pennsylvania ..............................................................................................................
Puerto Rico ................................................................................................................
Rhode Island ..............................................................................................................
South Carolina ...........................................................................................................
South Dakota .............................................................................................................
Tennessee .................................................................................................................
Texas .........................................................................................................................
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14:31 Feb 06, 2017
Jkt 241001
PO 00000
The use of a method not authorized in
the table will require prior approval
from VA. This table will be available
throughout the year at: https://
www.benefits.va.gov/homeloans/.
There has been no change to the
amounts VA will allow for attorney fees
for foreclosure termination and for
deeds-in-lieu of foreclosure. VA will
continue to monitor these fees on an
annual basis, as we are aware that other
entities are conducting ongoing reviews
of these fees.
The following table represents the
Secretary’s determination of the
reasonable and customary cost of legal
services for the preferred method of
terminating VA loans in each
jurisdiction under the provisions of 38
CFR 36.4314(b)(5)(ii).
Frm 00072
Fmt 4703
Sfmt 4703
VA judicial foreclosure 1 2
$1,325
1,600
1,600
1,350
1,400
1,350
1,650
N/A
N/A
1,200
N/A
1,325
1,600
N/A
1,150
N/A
N/A
1,275
N/A
N/A
N/A
N/A
2,400
N/A
1,425
1,450
1,200
1,350
1,150
1,150
1,525
1,350
N/A
N/A
N/A
N/A
1,575
N/A
N/A
N/A
1,350
N/A
N/A
1,725
N/A
N/A
1,200
1,325
E:\FR\FM\07FEN1.SGM
N/A
N/A
N/A
N/A
N/A
N/A
N/A
$2450
1,800
2,300
2,800
N/A
N/A
2,950
N/A
2,300
2,050
1,880
1,800
2,250
1,900
2,300
N/A
2,550
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2,975
2,000
2,675
3,475
N/A
1,750
2,250
2,000
2,600
2,350
2,050
N/A
2,200
1,800
N/A
N/A
07FEN1
Deed-in-lieu of
foreclosure
$350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
Federal Register / Vol. 82, No. 24 / Tuesday, February 7, 2017 / Notices
VA non-judicial
foreclosure 1 2
Jurisdiction
Utah ...........................................................................................................................
Vermont .....................................................................................................................
Virgin Islands .............................................................................................................
Virginia .......................................................................................................................
Washington ................................................................................................................
West Virginia ..............................................................................................................
Wisconsin ...................................................................................................................
Wyoming ....................................................................................................................
VA judicial foreclosure 1 2
1,350
N/A
N/A
1,350
1,350
1,150
N/A
1,150
9631
Deed-in-lieu of
foreclosure
N/A
2,250
1,800
N/A
N/A
N/A
2,000
N/A
350
350
350
350
350
350
350
350
1 When a foreclosure is stopped due to circumstances beyond the control of the holder or its attorney (including, but not limited to bankruptcy,
VA-requested delay, property damage, hazardous conditions, condemnation, natural disaster, property seizure, or relief under the
Servicemembers Civil Relief Act) and then restarted, VA will allow a $350 restart fee in addition to the base foreclosure attorney fee. This fee
recognizes the additional work required to resume the foreclosure action, while also accounting for the expectation that some work from the previous action may be utilized in starting the new action.
2 VA will allow attorney fees of $1050 (Chapter 7) or $1500 (initial Chapter 13) for obtaining bankruptcy releases directly related to loan termination. For multiple bankruptcy filings under either chapter, VA will allow an additional $500.
3 Western Counties of New York for VA are: Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Livingston, Monroe, Niagara, Ontario, Orleans, Steuben, Wayne, Wyoming, and Yates. The remaining counties are in Eastern New York.
Signing Authority
The Secretary of Veterans Affairs, or
designee, approved this document and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
electronically as an official document of
the Department of Veterans Affairs. Gina
S. Farrisee, Acting Chief of Staff,
approved this document on January 27,
2017, for publication.
Approved: January 27, 2017.
Jeffrey Martin,
Office Program Manager, Office of Regulation
Policy & Management, Office of the Secretary,
Department of Veterans Affairs.
[FR Doc. 2017–02474 Filed 2–6–17; 8:45 am]
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Agencies
[Federal Register Volume 82, Number 24 (Tuesday, February 7, 2017)]
[Notices]
[Pages 9629-9631]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02474]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF VETERANS AFFAIRS
Loan Guaranty: Maximum Allowable Attorney Fees
AGENCY: Department of Veterans Affairs (VA).
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This notice provides updated information to participants in
the Department of Veterans Affairs (VA) Home Loan Guaranty program
concerning the maximum allowable bankruptcy attorney fees that are
incurred by a servicer for legal services performed on their behalf.
The notice also provides the allowable maximum attorney fees in
calculating the indebtedness used to determine the guaranty claim
payable upon loan termination. The table in this notice contains the
amounts the Secretary has determined to be reasonable and customary for
all States, following an annual review of amounts allowed by other
government-related home loan programs.
DATES: The new maximum amounts for bankruptcy attorney fees will be
allowed for each bankruptcy filed on or after March 9, 2017.
FOR FURTHER INFORMATION CONTACT: Mr. Andrew Trevayne, Assistant
Director for Loan and Property Management (261), Loan Guaranty Service,
Department of Veterans Affairs, Washington, DC 20420, (202) 632-8795
(Not a toll-free number).
[[Page 9630]]
SUPPLEMENTARY INFORMATION: The VA Home Loan Guaranty program authorized
by title 38, United States Code (U.S.C.), Chapter 37, offers a partial
guaranty against loss to lenders who make home loans to veterans. VA
regulations concerning the payment of loan guaranty claims are set
forth at 38 CFR 36.4300, et seq. Computation of guaranty claims is
addressed in 38 CFR 36.4324, which states that one part of the
indebtedness upon which the guaranty percentage is applied is the
allowable expenses/advances as described in 38 CFR 36.4314. Paragraph
(b)(5)(ii) of section 36.4314 describes the procedures to be followed
in determining what constitutes the reasonable and customary fees for
legal services in the termination of a loan.
The Secretary annually reviews allowances for legal fees in
connection with the termination of single-family housing loans,
including foreclosure, deed-in-lieu of foreclosure, and bankruptcy-
related services, issued by the Department of Housing and Urban
Development (HUD), the Federal National Mortgage Association (Fannie
Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac).
Based on increases in bankruptcy attorney fees announced over the past
year by these entities, the Secretary has deemed it necessary to
publish in the Federal Register a table setting forth the revised
amounts the Secretary now determines to be reasonable and customary for
bankruptcy attorney fees. The table reflects the primary method for
foreclosing in each state, either judicial or non-judicial, with the
exception of those states where either judicial or non-judicial is
acceptable. The use of a method not authorized in the table will
require prior approval from VA. This table will be available throughout
the year at: https://www.benefits.va.gov/homeloans/.
There has been no change to the amounts VA will allow for attorney
fees for foreclosure termination and for deeds-in-lieu of foreclosure.
VA will continue to monitor these fees on an annual basis, as we are
aware that other entities are conducting ongoing reviews of these fees.
The following table represents the Secretary's determination of the
reasonable and customary cost of legal services for the preferred
method of terminating VA loans in each jurisdiction under the
provisions of 38 CFR 36.4314(b)(5)(ii).
----------------------------------------------------------------------------------------------------------------
VA non-judicial VA judicial
Jurisdiction foreclosure 1 2 foreclosure 1 2 Deed-in-lieu of
foreclosure
----------------------------------------------------------------------------------------------------------------
Alabama................................................ $1,325 N/A $350
Alaska................................................. 1,600 N/A 350
American Samoa......................................... 1,600 N/A 350
Arizona................................................ 1,350 N/A 350
Arkansas............................................... 1,400 N/A 350
California............................................. 1,350 N/A 350
Colorado............................................... 1,650 N/A 350
Connecticut............................................ N/A $2450 350
Delaware............................................... N/A 1,800 350
District of Columbia................................... 1,200 2,300 350
Florida................................................ N/A 2,800 350
Georgia................................................ 1,325 N/A 350
Guam................................................... 1,600 N/A 350
Hawaii................................................. N/A 2,950 350
Idaho.................................................. 1,150 N/A 350
Illinois............................................... N/A 2,300 350
Indiana................................................ N/A 2,050 350
Iowa................................................... 1,275 1,880 350
Kansas................................................. N/A 1,800 350
Kentucky............................................... N/A 2,250 350
Louisiana.............................................. N/A 1,900 350
Maine.................................................. N/A 2,300 350
Maryland............................................... 2,400 N/A 350
Massachusetts.......................................... N/A 2,550 350
Michigan............................................... 1,425 N/A 350
Minnesota.............................................. 1,450 N/A 350
Mississippi............................................ 1,200 N/A 350
Missouri............................................... 1,350 N/A 350
Montana................................................ 1,150 N/A 350
Nebraska............................................... 1,150 N/A 350
Nevada................................................. 1,525 N/A 350
New Hampshire.......................................... 1,350 N/A 350
New Jersey............................................. N/A 2,975 350
New Mexico............................................. N/A 2,000 350
New York--Western Counties \3\......................... N/A 2,675 350
New York--Eastern Counties............................. N/A 3,475 350
North Carolina......................................... 1,575 N/A 350
North Dakota........................................... N/A 1,750 350
Ohio................................................... N/A 2,250 350
Oklahoma............................................... N/A 2,000 350
Oregon................................................. 1,350 2,600 350
Pennsylvania........................................... N/A 2,350 350
Puerto Rico............................................ N/A 2,050 350
Rhode Island........................................... 1,725 N/A 350
South Carolina......................................... N/A 2,200 350
South Dakota........................................... N/A 1,800 350
Tennessee.............................................. 1,200 N/A 350
Texas.................................................. 1,325 N/A 350
[[Page 9631]]
Utah................................................... 1,350 N/A 350
Vermont................................................ N/A 2,250 350
Virgin Islands......................................... N/A 1,800 350
Virginia............................................... 1,350 N/A 350
Washington............................................. 1,350 N/A 350
West Virginia.......................................... 1,150 N/A 350
Wisconsin.............................................. N/A 2,000 350
Wyoming................................................ 1,150 N/A 350
----------------------------------------------------------------------------------------------------------------
\1\ When a foreclosure is stopped due to circumstances beyond the control of the holder or its attorney
(including, but not limited to bankruptcy, VA-requested delay, property damage, hazardous conditions,
condemnation, natural disaster, property seizure, or relief under the Servicemembers Civil Relief Act) and
then restarted, VA will allow a $350 restart fee in addition to the base foreclosure attorney fee. This fee
recognizes the additional work required to resume the foreclosure action, while also accounting for the
expectation that some work from the previous action may be utilized in starting the new action.
\2\ VA will allow attorney fees of $1050 (Chapter 7) or $1500 (initial Chapter 13) for obtaining bankruptcy
releases directly related to loan termination. For multiple bankruptcy filings under either chapter, VA will
allow an additional $500.
\3\ Western Counties of New York for VA are: Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Livingston,
Monroe, Niagara, Ontario, Orleans, Steuben, Wayne, Wyoming, and Yates. The remaining counties are in Eastern
New York.
Signing Authority
The Secretary of Veterans Affairs, or designee, approved this
document and authorized the undersigned to sign and submit the document
to the Office of the Federal Register for publication electronically as
an official document of the Department of Veterans Affairs. Gina S.
Farrisee, Acting Chief of Staff, approved this document on January 27,
2017, for publication.
Approved: January 27, 2017.
Jeffrey Martin,
Office Program Manager, Office of Regulation Policy & Management,
Office of the Secretary, Department of Veterans Affairs.
[FR Doc. 2017-02474 Filed 2-6-17; 8:45 am]
BILLING CODE 8320-01-P