Page 5 - April 2017 Regulatory Review
P. 5

Federal Deposit Insurance Corporation, Division   HUD has issued a notice of regulatory waiver
                   of Resolutions and Receiverships, Attention:   requests granted for the fourth quarter of calendar
                   Receivership Oversight Department 32.1, 1601   year 2016. HUD is required to publish quarterly
                   Bryan Street, Dallas, TX 75201. No comments    Federal Register notices of all regulatory waivers
                   concerning the termination of this receivership   that HUD has approved; each notice covers the
                   will be considered which are not sent within this   quarterly period since the previously published
                   timeframe. The notice may be viewed at:        notice. The notice contains a list of regulatory
                   https://www.gpo.gov/fdsys/pkg/FR-2017-03-      waivers granted by HUD during the period beginning
                   22/pdf/2017-05612.pdf. Federal Register, Vol.   10/01/2016, and ending 12/31/2016. The notice may
                   82, No. 54, 03/22/2017, 14726.                 be viewed at: https://www.gpo.gov/fdsys/pkg/FR-
                                                                  2017-03-29/pdf/2017-06198.pdf. Federal Register,
               •   FDIC has issued a notice to announce it intends   Vol. 82, No. 59, 03/29/2017, 15532-15539.
                   to terminate the receivership of SunFirst Bank,
                   St. George, Utah. FDIC was appointed receiver   FEMA Requests Comment on National
                   of SunFirst Bank on 11/04/2011. The liquidation   Flood Insurance Program Claims Forms.
                   of the receivership assets has been completed. To
                   the extent permitted by available funds and in   The Federal Emergency Management Agency
                   accordance with law, the Receiver will be      (FEMA) has issued a notice to announce it is seeking
                   making a final dividend payment to proven      comment on an information collection titled National
                   creditors. The Receiver has determined that the   Flood Insurance Program Claims Forms. FEMA is
                   continued existence of the receivership will serve   also giving notice that it has sent the amendment to
                   no useful purpose. Consequently, notice is given   OMB for review. Comments are due 04/26/2017. The
                   that the receivership shall be terminated, to be   notice may be viewed at:
                   effective no sooner than thirty days after the date   https://www.gpo.gov/fdsys/pkg/FR-2017-03-
                   of the notice. If any person wishes to comment   27/pdf/2017-05997.pdf. Federal Register, Vol. 82,
                   concerning the termination of the receivership,   No. 57, 03/27/2017, 15231-15232.
                   such comment must be made in writing and sent
                   within thirty days of the date of the notice to:   FEMA Issues Final Flood Elevation
                   Federal Deposit Insurance Corporation, Division
                   of Resolutions and Receiverships, Attention:   Determinations.
                   Receivership Oversight Department 32.1, 1601
                   Bryan Street, Dallas, TX 75201. No comments    •   FEMA has made final Base (1-percent-annual-
                   concerning the termination of this receivership   chance) Flood Elevations (BFEs) and modified
                   will be considered which are not sent within this   BFEs for communities in the state of
                   timeframe. The notice may be viewed at:           Mississippi. The BFEs and modified BFEs are
                   https://www.gpo.gov/fdsys/pkg/FR-2017-03-         the basis for the floodplain management
                   29/pdf/2017-06166.pdf. Federal Register, Vol.     measures that each community is required either
                   82, No. 59, 03/29/2017, 15524.                    to adopt or to show evidence of being already in
                                                                     effect in order to qualify or remain qualified for
               HUD Issues Notice of Administrative                   participation in the National Flood Insurance
               Actions.                                              Program (NFIP). The effective date is the date of
                                                                     issuance of the Flood Insurance Rate Map
                                                                     (FIRM) showing BFEs and modified BFEs for
               The Department of Housing and Urban Development       each community. This date may be obtained by
               (HUD) has issued a notice advising of the cause and   contacting the office where the maps are
               description of administrative actions taken by HUD’s   available for inspection as indicated in the table
               Mortgagee Review Board against HUD-approved           in the final rule. The final rule may be viewed at:
               mortgagees. The notice may be viewed at:              https://www.gpo.gov/fdsys/pkg/FR-2017-03-
               https://www.gpo.gov/fdsys/pkg/FR-2017-04-             17/pdf/2017-05151.pdf. Federal Register, Vol.
               04/pdf/2017-06642.pdf. Federal Register, Vol. 82,     82, No. 51, 03/17/2017, 14161-14162.
               No. 63, 04/04/2017, 16408-16414.
                                                                  •   FEMA has made final Base (1-percent-annual-
               HUD Issues Notice of Regulatory Waiver                chance) Flood Elevations (BFEs) and modified
               Requests Granted for 2016 Fourth                      BFEs for communities in the state of Oregon.
               Quarter.                                              The BFEs and modified BFEs are the basis for
                                                                     the floodplain management measures that each


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