Page 10 - February 2017 Regulatory Review

Choice Voucher and Project-Based Voucher respect to a loan or mortgage committed or endorsed
programs, and seeks additional public input on both during the 6-month period beginning 01/01/2017, is
the implementing requirements in this document and 2 ¾ percent. However, as a result of an amendment to
future changes to these programs. The Section 224 of the Act, if an insurance claim relating
implementation is effective 04/18/2017. Comments to a mortgage insured under Sections 203 or 234 of
are due 03/20/2017. The notice may be viewed at: the Act and endorsed for insurance after January 23,
https://www.gpo.gov/fdsys/pkg/FR-2017-01- 2004, is paid in cash, the debenture interest rate for
18/pdf/2017-00911.pdf. Federal Register, Vol. 82, purposes of calculating a claim shall be the monthly
No. 11, 01/18/2017, 5458-5473. average yield, for the month in which the default on
the mortgage occurred, on United States Treasury
HUD Issues Notice of Fund Allocation. Securities adjusted to a constant maturity of 10 years.
The notice may be viewed at:
HUD has issued a notice allocating $1,805,976,000 https://www.gpo.gov/fdsys/pkg/FR-2017-01-
in Community Development Block Grant disaster 24/pdf/2017-01547.pdf. Federal Register, Vol. 82,
recovery (CDBG–DR) funds appropriated by the No. 14, 01/24/2017, 8201-8202.
Further Continuing and Security Assistance
Appropriations Act, 2017 for the purpose of assisting HUD Requests Comment on Information
long-term recovery in Florida, Louisiana, North Collections.
Carolina, South Carolina, Texas, and West Virginia.
This allocation of CDBG–DR supplements funds  HUD has issued a notice to announce it seeks
appropriated by the Continuing Appropriation Act, comment on the information collection titled
2017. It provided $500 million in CDBG–DR Notice on Equal Access Regardless of Sexual
funding that has been allocated to Louisiana, Texas, Orientation, Gender Identity, or Marital Status
and West Virginia in response to qualifying disasters. for HUD’s Community Planning and
In HUD’s Federal Register notice published on Development Programs. HUD is also giving
November 21, 2016, at 81 FR 83254 (the Prior notice that it has sent the collection to OMB for
Notice), HUD described that allocation and review. Comments are due 02/23/2017. The
applicable waivers and alternative requirements, notice may be viewed at:
relevant statutory and regulatory requirements, the https://www.gpo.gov/fdsys/pkg/FR-2017-01-
grant award process, criteria for action plan approval, 24/pdf/2017-01556.pdf. Federal Register, Vol.
and eligible disaster recovery activities. Grantees 82, No. 14, 01/24/2017, 8198-8200.
receiving an allocation of funds under this notice are
subject to the requirements of the Prior Notice,  HUD has issued a notice to announce it seeks
including amendments provided within this notice. comment on the information collection titled
The notice is effective 01/23/2017. The notice may FHA-Insured Mortgage Loan Servicing
be viewed at: https://www.gpo.gov/fdsys/pkg/FR- Involving the Claims and Conveyance Process,
2017-01-18/pdf/2017-01007.pdf. Federal Register, Property Inspection/ Preservation. HUD is also
Vol. 82, No. 11, 01/18/2017, 5591-5595. giving notice that it has sent the collection to
OMB for review. Comments are due 03/27/2017.
HUD Announces Debenture Interest The notice may be viewed at:
Rates. https://www.gpo.gov/fdsys/pkg/FR-2017-01-
24/pdf/2017-01550.pdf. Federal Register, Vol.
HUD has issued a notice announcing changes in the 82, No. 14, 01/24/2017, 8200-8201.
interest rates to be paid on debentures issued with
respect to a loan or mortgage insured by the Federal  HUD has issued a notice to announce it seeks
Housing Administration under the provisions of the comment on the information collection titled
National Housing Act (the Act). The interest rate for FHA-Insured Mortgage Loan Servicing for
debentures issued under Section 221(g)(4) of the Act Performing Loans Including: Collection and
during the 6-month period beginning 01/01/2017 is Payment of Mortgage Insurance Premiums,
2 ⅛ percent. The interest rate for debentures issued Escrow Administration, Providing Loan
under any other provision of the Act is the rate in Information and Customer Services, Assessment
effect on the date that the commitment to insure the of Post Endorsement Fees and Charges and
loan or mortgage was issued, or the date that the loan Servicing Section 235 Loans. HUD is also giving
or mortgage was endorsed (or initially endorsed if notice that it has sent the collection to OMB for
there are two or more endorsements) for insurance, review. Comments are due 04/03/2017. The
whichever rate is higher. The interest rate for notice may be viewed at:
debentures issued under these other provisions with https://www.gpo.gov/fdsys/pkg/FR-2017-01-

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