Page 10 - February 2018

HUD Announces Order of Succession for 2.75 percent. The announcement may be viewed at:
Government National Mortgage https://www.gpo.gov/fdsys/pkg/FR-2018-01-
24/pdf/2018-01274.pdf. Federal Register, Vol. 83,
Association. No. 16, 01/24/2018, 3363-3364.

HUD issued a notice that the Secretary of Housing
and Urban Development designates the Order of HUD Announces Regulatory Review of
Succession for the Government National Mortgage Manufactured Housing Rules.
Association (Ginnie Mae). The Order of Succession
supersedes all prior Orders of Succession for Ginnie HUD is reviewing its existing and planned
Mae. Subject to the provisions of the Federal manufactured housing regulatory actions to assess
Vacancies Reform Act of 1998 and the Bylaws of their actual and potential compliance costs and
Ginnie Mae, during any period when, by reason of reduce regulatory burden as part of the efforts of
absence, disability, or vacancy in office, the President HUD’s Regulatory Reform Task Force. HUD
of Ginnie Mae is not available to exercise the powers requests comment on regulations that may be
or perform the duties of the President, the following outmoded, ineffective or excessively burdensome and
officials within Ginnie Mae are hereby designated to should be modified, streamlined, replaced or
exercise the powers and perform the duties of the repealed. Comments are due 02/26/2018. The notice
Office: (1) Executive Vice President—Chief may be viewed at:
Operations Officer; (2) Executive Vice President; (3) https://www.gpo.gov/fdsys/pkg/FR-2018-01-
Senior Vice President, Office of Enterprise Risk; (4) 26/pdf/2018-01276.pdf. Federal Register, Vol. 83,
Senior Vice President, Office of Issuer and Portfolio No. 18, 01/26/2018, 3635-3636.
Management; (5) Senior Vice President, Office of
Capital Markets; (6) Senior Vice President, Office of HUD Requests Comment on Information
Securities Operations; (7) Senior Vice President, Collections.
Office of Chief Financial Officer; (8) Senior Vice
President, Office of Enterprise Data and Technology • HUD announced it seeks comment on the
Solutions; (9) Senior Vice President, Office of
Management Operations. These officials shall information collection titled Application for
perform the functions and duties of the Office in the Mortgagor’s Certificate of Actual Cost. HUD
order specified. The order is applicable 12/19/2018. also gave notice that it sent the collection to
The order may be viewed at: OMB for review. Comments are due 03/19/2018.
https://www.gpo.gov/fdsys/pkg/FR-2018-01- The notice may be viewed at:
18/pdf/2018-00796.pdf. Federal Register, Vol. 83, https://www.gpo.gov/fdsys/pkg/FR-2018-01-
No. 12, 01/18/2018, 2661-2662. 16/pdf/2018-00589.pdf. Federal Register, Vol.
HUD Announces Debenture Interest 83, No. 10, 01/16/2018, 2172.
Rates for Mortgage and Loan Insurance
Programs. • HUD announced it seeks comment on the
information collection titled FHA-Insured
HUD announced changes in the interest rates to be Mortgage Loan Servicing of Delinquent, Default
paid on debentures issued with respect to a loan or and Foreclosure with Servicemembers Act. HUD
mortgage insured by FHA under the provisions of the also gave notice that it sent the collection to
National Housing Act. The interest rate for OMB for review. Comments are due 02/15/2018.
debentures issued under Section 221(g)(4) of the Act The notice may be viewed at:
during the 6-month period beginning 01/01/2018, is https://www.gpo.gov/fdsys/pkg/FR-2018-01-
2.375 percent. The interest rate for debentures issued 16/pdf/2018-00593.pdf. Federal Register, Vol.
under any other provision of the Act is the rate in 83, No. 10, 01/16/2018, 2169.
effect on the date that the commitment to insure the
loan or mortgage was issued, or the date that the loan
or mortgage was endorsed (or initially endorsed if • HUD announced it seeks comment on the
there are two or more endorsements) for insurance, information collection titled Local Appeals to
whichever rate is higher. The interest rate for Single-Family Mortgage Limits. HUD also gave
debentures issued under these other provisions with notice that it sent the collection to OMB for
respect to a loan or mortgage committed or endorsed review. Comments are due 03/19/2018. The
during the 6-month period beginning 01/01/2018, is notice may be viewed at:

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