Department of Housing and Urban Development June 2006 – Federal Register Recent Federal Regulation Documents

Accelerated Claim and Asset Disposition (ACD) Program; Advance Notice of Proposed Rulemaking
Document Number: E6-8637
Type: Proposed Rule
Date: 2006-06-05
Agency: Department of Housing and Urban Development
This notice solicits comments on HUD's Accelerated Claim and Asset Disposition (ACD) program before HUD proceeds to issue a proposed rule that will commence the rulemaking process that will result in codification of the requirements for the ACD program, thus making the ACD program a permanent part of HUD's single family mortgage insurance programs. Under the ACD program, HUD will pay claims upon assignment of certain defaulted mortgage loans (``assets'') insured by the Federal Housing Administration (FHA). The purpose of the ACD program is to help FHA maximize the recovery on assets sold by HUD. HUD seeks comments on the ACD Demonstration program, including recommendations of cost- effective, efficient improvements and alternatives that should be made part of the permanent program.
Government National Mortgage Association: Excess Yield Securities
Document Number: E6-8636
Type: Rule
Date: 2006-06-05
Agency: Department of Housing and Urban Development
The Government National Mortgage Association (Ginnie Mae) has developed a new program under which Ginnie Mae will guarantee securities backed by the excess servicing income relating to one or more mortgage pools or loan packages underlying previously issued Ginnie Mae mortgage-backed securities (Excess Yield Securities). This final rule clarifies the authority of Ginnie Mae to guarantee this new product and establishes a new regulation that defines Excess Yield Securities and sets out the Ginnie Mae guaranty. This final rule follows publication of a September 14, 2005, proposed rule and public comment period. After Ginnie Mae's careful consideration of the public comment received, the proposed rule is being adopted without change.
Multifamily Project Applications and Construction Prior to Initial Endorsement
Document Number: E6-8535
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been 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. Information provided is the application for HUD/FHA multifamily mortgage insurance. The information from sponsors and general contractors, and submitted by a HUD-approved mortgagee, is needed to determine project feasibility, mortgagor/contractor acceptability, and construction cost. Documentation from operators/managers of health care facilities is also required as part of the application for firm commitment for mortgage insurance. Project owners/sponsors may apply for permission to commence construction prior to initial endorsement.
Announcement of Funding Awards for Fiscal Year 2005 Hispanic-Serving Institutions Assisting Communities Program
Document Number: E6-8534
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
In accordance with Section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this document notifies the public of funding awards for Fiscal Year 2005 Hispanic- Serving Institutions Assisting Communities Program (HSIAC). The purpose of this document is to announce the names, addresses and the amount awarded to the winners to be used to help Hispanic-Serving Institutions of Higher Education to expand their role and effectiveness in addressing community development needs in their localities, consistent with the purposes of Title I of the Housing and Community Development Act of 1974 as amended.
Announcement of Funding Awards for Fiscal Year 2005; Community Outreach Partnership Centers
Document Number: E6-8533
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
In accordance with Section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this document notifies the public of funding awards for Fiscal Year 2005 Community Outreach Partnerships Centers (COPC). The purpose of this document is to announce the names, addresses and the amount awarded to the winners to be used to establish and operate Community Outreach Partnership Centers that will conduct competent and qualified research and investigation on theoretical or practical problems in large and small cities; and facilitate partnerships and outreach activities between institutions of higher education, local communities and local governments to address urban problems.
Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program for Fiscal Year 2006; Additional Revision
Document Number: E6-8532
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
This notice updates the FMRs for the metropolitan areas of Aquadilla, Arecibo, Barranquitas, Caguas, Fajardo, Guayama, Ponce, and San Juan, PR.
Announcement of Funding Awards for Fiscal Year 2005; Early Doctoral Student Research Grant Program
Document Number: E6-8531
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
In accordance with section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this document notifies the public of funding awards for the Fiscal Year 2005 Early Doctoral Student Research Grant (EDSRG) Program. The purpose of this document is to announce the names and addresses of the award winners and the amount of the awards to be used to help doctoral students cultivate their research skills through the preparation of research manuscripts that focus on housing and urban development issues.
Announcement of Funding Awards for Fiscal Year 2005; Doctoral Dissertation Research Grant Program
Document Number: E6-8530
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
In accordance with Section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this document notifies the public of funding awards for the Fiscal Year (FY) 2005 Doctoral Dissertation Research Grant (DDRG) Program. The purpose of this document is to announce the names and addresses of the award winners and the amount of the awards to be used to help doctoral candidates complete dissertations on topics that focus on housing and urban development issues.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 06-4991
Type: Notice
Date: 2006-06-02
Agency: Department of Housing and Urban Development
This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
Record Retention
Document Number: E6-8491
Type: Proposed Rule
Date: 2006-06-01
Agency: Federal Housing Enterprise Oversight Office, Department of Housing and Urban Development
The Office of Federal Housing Enterprise Oversight (OFHEO) is issuing a proposed regulation that would set forth record retention requirements with respect to the record management programs of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (collectively, the Enterprises) consistent with the safety and soundness responsibilities of OFHEO under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.