Page 12 - August 2017

timeframe. The notice may be viewed at: OCC Requests Comment on Volcker
https://www.gpo.gov/fdsys/pkg/FR-2017-08- Rule.
08/pdf/2017-16664.pdf. Federal Register, Vol.
82, No. 151, 08/08/2017, 37096. The Office of the Comptroller of the Currency (OCC)
has announced it is seeking public comment to assist
• FDIC has issued a notice to announce it has been in determining how the final rule implementing the
authorized to take all actions necessary to Volcker Rule should be revised to better accomplish
terminate the receivership estate of SunFirst the purposes of the statute. OCC also requests
Bank, St. George, Utah (Receivership Estate). comment suggesting improvements in the ways in
The Receiver has made all dividend distributions which the final rule has been applied and
required by law. The Receiver has further administered to date. The OCC request is limited to
irrevocably authorized and appointed FDIC- regulatory actions that may be undertaken to achieve
Corporate as its attorney-in-fact to execute and these objectives. Comments are due 09/21/2017. The
file any and all documents that may be required notice may be viewed at:
to be executed by the Receiver which FDIC- https://www.gpo.gov/fdsys/pkg/FR-2017-08-
Corporate, in its sole discretion, deems 07/pdf/2017-16556.pdf. Federal Register, Vol. 82,
necessary; including but not limited to releases, No. 150, 08/07/2017, 36692-36697.
discharges, satisfactions, endorsements,
assignments and deeds. Effective 08/01/2017, HUD Announces Changes to Debenture
the Receivership Estate has been terminated, the
Receiver discharged, and the Receivership Estate Interest Rates.
has ceased to exist as a legal entity. The notice
may be viewed at: The Department of Housing and Urban Development
https://www.gpo.gov/fdsys/pkg/FR-2017-08- (HUD) has announced changes in the interest rates to
08/pdf/2017-16664.pdf. Federal Register, Vol. be paid on debentures issued with respect to a loan or
82, No. 151, 08/08/2017, 37096. mortgage insured by the Federal Housing
Administration under the provisions of the National
• FDIC has issued a notice to announce it intends Housing Act. The interest rate for debentures issued
to terminate the receivership of Hometown under Section 221(g)(4) of the National Housing Act
National Bank, Longview, Washington. FDIC during the 6-month period beginning 07/01/2017, is
was appointed receiver of Hometown National 2.25 percent. The interest rate for debentures issued
Bank on 10/02/2015. The liquidation of the under any other provision of the National Housing
receivership assets has been completed. To the Act is the rate in effect on the date that the
extent permitted by available funds and in commitment to insure the loan or mortgage was
accordance with law, the Receiver will be issued, or the date that the loan or mortgage was
making a final dividend payment to proven endorsed (or initially endorsed if there are two or
creditors. The Receiver has determined that the more endorsements) for insurance, whichever rate is
continued existence of the receivership will serve higher. The interest rate for debentures issued under
no useful purpose. Consequently, notice is given these other provisions with respect to a loan or
that the receivership shall be terminated, to be mortgage committed or endorsed during the 6-month
effective no sooner than thirty days after the date period beginning 07/01/2017, is 2.875 percent. The
of the notice. If any person wishes to comment notice may be viewed at:
concerning the termination of the receivership, https://www.gpo.gov/fdsys/pkg/FR-2017-07-
such comment must be made in writing and sent 26/pdf/2017-15668.pdf. Federal Register, Vol. 82,
within thirty days of the date of the notice to: No. 142, 07/26/2017, 34685-34686.
Federal Deposit Insurance Corporation, Division
of Resolutions and Receiverships, Attention: HUD Requests Comment on Information
Receivership Oversight Department 32.1, 1601 Collection.
Bryan Street, Dallas, TX 75201. No comments
concerning the termination of this receivership • HUD has issued a notice to announce it seeks
will be considered which are not sent within this comment on the information collection titled
timeframe. The notice may be viewed at: Mortgage Record Change. HUD is also giving
https://www.gpo.gov/fdsys/pkg/FR-2017-08- notice that it has sent the collection to OMB for
10/pdf/2017-16883.pdf. Federal Register, Vol. review. Comments are due 09/11/2017. The
82, No. 153, 08/10/2017, 37449. notice may be viewed at:

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