80_FR_18498 80 FR 18433 - Mortgagee Review Board: Administrative Actions

80 FR 18433 - Mortgagee Review Board: Administrative Actions

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 65 (April 6, 2015)

Page Range18433-18436
FR Document2015-07868

In compliance with Section 202(c)(5) of the National Housing Act, this notice advises of the cause and description of administrative actions taken by HUD's Mortgagee Review Board against HUD-approved mortgagees.

Federal Register, Volume 80 Issue 65 (Monday, April 6, 2015) 
[Federal Register Volume 80, Number 65 (Monday, April 6, 2015)]
[Notices]
[Pages 18433-18436]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-07868]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5864-N-01]


Mortgagee Review Board: Administrative Actions

AGENCY: Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner, HUD.

ACTION: Notice.

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SUMMARY: In compliance with Section 202(c)(5) of the National Housing 
Act, this notice advises of the cause and description of administrative 
actions taken by HUD's Mortgagee Review Board against HUD-approved 
mortgagees.

FOR FURTHER INFORMATION CONTACT: Nancy A. Murray, Secretary to the 
Mortgagee Review Board, Department of Housing and Urban Development, 
451 7th Street SW., Room B-133/3150, Washington, DC, 20410-8000; 
telephone (202) 708-2224 (this is not a toll-free number). Persons with 
hearing or speech impairments may access this number through TTY by 
calling the toll-free Federal Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: Section 202(c)(5) of the National Housing 
Act (12 U.S.C. 1708(c)(5)) requires that HUD ``publish a description of 
and the cause for administrative action against a HUD-approved 
mortgagee'' by the Department's Mortgagee Review Board (``Board''). In 
compliance with the requirements of Section 202(c)(5), this notice 
advises of actions that have been taken by the Board in its meetings 
from October 1, 2013 to September 30, 2014.

I. Civil Money Penalties, Withdrawals of FHA Approval, Suspensions, 
Probations, Reprimands, and Administrative Payments

1. Affiliated Funding Corporation, Santa Ana, CA [Docket No. 14-1550-
MR]

    Action: On November 6, 2014, the Board issued a Notice of 
Administrative Action permanently withdrawing the FHA approval of 
Affiliated Funding Corporation (``AFC'').
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: AFC failed to notify HUD in 
accordance with HUD/FHA requirements that it had ceased business 
operations and its license was revoked by the State of California 
Department of Corporations; failed to comply with HUD's annual 
recertification requirements by failing to timely submit audited 
financial statements for fiscal year December 31, 2012; failed to 
properly underwrite FHA insured loans in accordance with HUD/FHA 
requirements in analyzing borrower liabilities, and documenting 
borrowers' incomes and gift funds; failed to comply with HUD/FHA's 
property flipping requirements; failed to ensure an FHA insured loan 
was not used as an investment; failed to resolve Automated Underwriting 
System findings and issues relating to appraisal reports; and failed to 
refund the unused Upfront Mortgage Insurance Premiums to a borrower.

2. American Fidelity Mortgage Services, Inc., Lisle, IL [Docket No. 14-
1556-MR]

    Action: On November 14, 2014, the Board entered into a settlement 
agreement with American Fidelity Mortgage Services, Inc. (``AFMS'') 
that required AFMS to pay a civil money penalty in the amount of 
$10,500 and indemnify the Department for the life of the loan on three 
(3) HUD/FHA insured loans.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: AFMS violated HUD/FHA's 
underwriting requirements when it approved a mortgage whose term 
exceeded the maximum length permitted by HUD; approved a mortgage for a 
borrower with unstable income; and approved a mortgage with debt-to-
income ratios which exceeded HUD guidelines without acceptable 
compensating factors.

3. First Residential Mortgage Services Corporation, Englewood Cliffs, 
NJ [Docket No. 13-1339-MR]

    Action: On January 14, 2014 the Board issued a Notice of 
Administrative Action withdrawing the FHA approval of First Residential 
Mortgage Services Corporation (``FRMSC'') for a period of five (5) 
years.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: FRMSC (a) violated the terms of 
two repayment plans in accordance with FRMSC's indemnification 
agreements with HUD; and (b) failed to adequately document the source 
of funds used for a down payment, for closing costs, or for the payment 
of outstanding liabilities in connection with thirteen (13) FHA insured 
loans.

4. Gateway Bank Mortgage, Inc., Raleigh, NC [Docket No. 13-1545-MR]

    Action: On July 3, 2014, the Board entered into a Settlement 
Agreement with Gateway Bank Mortgage, Inc. (``GBM'') that required GBM, 
without admitting fault or liability, to pay a civil money penalty in 
the amount of $98,500 and to indemnify HUD with respect to four (4) FHA 
loans for any loss resulting from a default occurring within five (5) 
years from the date of endorsement.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: GBM (a) failed to comply with 
HUD's Quality Control requirements; (b) failed to conduct pre-
endorsement reviews for Lender Insured loans; (c) failed to retain 
documentation in loan files; and (d) failed to properly verify and 
document gift funds.

5. JP Morgan Chase Bank NA, Iselin, NJ [Docket No. 13-1540-MR]

    Action: On January 31, 2014, the Board voted to provide an 
administrative release as part of a settlement agreement between JP

[[Page 18434]]

Morgan Chase Bank, NA (``Chase'') and the United States that required 
Chase to pay the United States $614 million, of which HUD received 
$564.6 million.
    Cause: The Board took this action as a result of an investigation 
into FHA mortgage fraud.

6. Liberty Mortgage Corporation, Erie, PA [Docket No. 13-1546-MR]

    Action: On July 10, 2014, the Board entered into a Settlement 
Agreement with Liberty Mortgage Corporation (``LMC'') that required 
LMC, without admitting fault or liability, to pay HUD $294,788.56 for 
five outstanding indemnification agreements.
    Cause: The Board took this action based on the following violation 
of HUD/FHA requirements alleged by HUD: LMC failed to remit payments to 
HUD/FHA in accordance with five (5) previously executed indemnification 
agreements.

7. LoanCare LLC f/k/a/FNF Servicing, Inc., Virginia Beach, VA [Docket 
No. 13-1323-MR]

    Action: On April 10, 2014, the Board entered into a Settlement 
Agreement with LoanCare LLC f/k/a FNF Servicing, Inc. (``LoanCare'') 
that required LoanCare, without admitting fault or liability, to pay 
civil money penalties in the amount of $475,000, to indemnify HUD for 
any losses it may incur with respect to one loan, to refund loss 
mitigation incentive fees to HUD, and to refund any late fees and 
inspection fees improperly charged to borrowers.
    Cause: The Board took this action based on the following violation 
of HUD/FHA requirements alleged by HUD: LoanCare failed to comply with 
HUD requirements regarding quality control plans, servicing, loss 
mitigation, foreclosure, documentation, default reporting, and the 
charging of late fees and inspection fees.

8. MB Financial Bank N.A., Chicago, Ill [Docket No.14-1655-MRT]

    Action: On June 4, 2014, the Board entered into a Settlement 
Agreement with MB Financial (MB) requiring MB, without admitting fault 
or liability, to pay an administrative payment in the amount of 
$10,000.
    Cause: MB failed to timely meet the Department's annual 
recertification requirements for its fiscal year ended December 31, 
2012, by (a) failing to timely submit its audited financial statements 
and supplementary reports; (b) failing to timely pay its 
recertification fee; and (c) failing to timely submit its online 
certification.

9. Mortgage Now Inc., Shrewsbury, NJ [Docket No. 14-0000-MR]

    Action: On August 19, 2014, the Board entered into a Settlement 
Agreement with Mortgage Now Inc. (``MN'') that required MN to pay a 
civil money penalty in the amount of $22,500, an administrative payment 
in the amount of $8,500 and payment in the amount of $37,309.89 under 
the terms of a previously signed indemnification agreements, and agreed 
to indemnify HUD for any losses it might suffer with respect to one 
loan.
    Cause: The Board took this action based on the following violation 
of HUD/FHA requirements alleged by HUD: MN (a) failed to notify HUD it 
paid a $10,000 fine to the Commonwealth of Pennsylvania's Department of 
Banking and Securities, Bureau of Compliance and Licensing relating to 
the cancellation of MN's surety bond; (b) failed to notify HUD it was 
ordered by the State of California to discontinue disbursing trust 
funds in the State due to the cancellation of MN's surety bond; (c) 
falsely certified on its 2012 Annual Certification that it had not been 
sanctioned by any state agency, and (d) failed to pay HUD amounts it 
owed under indemnification agreements.

10. Ofori and Associates, PC., Washington, DC [Docket No. 10-1434-MRT]

    Action: On February 18, 2014, the Board issued a Notice of 
Administrative Action to withdraw the FHA approval of Ofori and 
Associated, P.C., (``Ofori'') for a period of one (1) year.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: Ofori failed to meet HUD's 
requirement that FHA-approved non-supervised mortgagees must derive at 
least 50% of their annual gross revenue from the lending or investing 
of funds in real estate mortgages or a directly related field.

11. Residential Lending Services, Inc. Newark, NJ [Docket No. 13-1547-
MR]

    Action: On May 13, 2014 the Board issued a Notice of Administrative 
Action permanently withdrawing the FHA approval of Residential Lending 
Services, Inc., (``RLS'').
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: RLS failed to notify HUD that 
it had filed for bankruptcy and ceased operations. In addition, RLS 
failed to submit audited financial statements for fiscal years 2011 and 
2012.

12. RH Lending, Colleyville, TX [Docket No. 13-1548-MR]

    Action: On July 8, 2014, the Board entered into a Settlement 
Agreement with RH Lending (``RH'') under which RH, without admitting 
fault or liability, agreed not to contest the Board's permanent 
withdrawal of RH's FHA approval, and which required RH to pay a civil 
money penalty in the amount of $300,000.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: RH (a) submitted a false 
certifications on forty-one (41) FHA insured loans; (b) disbursed 
manufactured home loan proceeds to an unlicensed installer; (c) 
violated HUD's prohibition to pay or accept kickbacks, referral fees 
and/or splitting fees; and (d) provided false information, by its CEO, 
to the Mortgagee Review Board.

13. Sun Home Loans, Inc., Vineland, NJ [Docket No. 14-1679-MR]

    Action: On April 10, 2014, the Board entered into a Settlement 
Agreement with Sun Home Loans (``SHL'') that required SHL, without 
admitting fault or liability, to pay a civil money penalty in the 
amount of $30,000.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: SHL failed to timely notify HUD 
of its (a) merger with Sun National Bank; (b) failed to notify HUD it 
had a change in its corporate officers; and (c) failed to timely submit 
its annual audited financial statements for fiscal years 2011 and 2012.

14. SunTrust Mortgage, Inc., Richmond, VA [Docket No. 12-1651-MR]

    Action: On June 16, 2014, the Board voted to release administrative 
claims it might have against Suntrust Mortgage, Inc. (``SM''), in 
conjunction with a settlement agreement entered into between SM, the 
United States, the Consumer Protection Financial Bureau, and several 
states that required, among other things, that SM comply with specified 
servicing standards, provide certain consumer relief, and pay a 
settlement amount of $418 million, of which HUD received $300 million.
    Cause: The Board took this action as a result of an investigation 
into FHA mortgage fraud.

15. The First Mortgage Corporation, Flossmoor, IL [Docket No. 14-1544-
MR]

    Action: On May 13, 2014, the Board issued a Notice of 
Administrative Action permanently withdrawing the FHA approval of The 
First Mortgage Corporation (``FMC'').

[[Page 18435]]

    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: FMC: (a) Failed to notify HUD 
that it had ceased operations; (b) failed to notify HUD that it was the 
subject of an involuntary Chapter 7 Bankruptcy petition filed on 
December 7, 2012; (c) Failed to notify HUD that its license had been 
revoked and that a fine was assessed by the Department of Financial and 
Professional Regulation, Division of Banking, State of Illinois; and 
(d) failed to submit its annual recertification and acceptable audited 
financial statement, and to pay the annual recertification fee for its 
fiscal year ending June 30, 2013.

16. US Bank, N.A. Minneapolis, MN [Docket No. 12-1541-MR]

    Action: On June 25, 2014, the Board voted to provide an 
administrative release in conjunction with a Settlement Agreement 
entered into between US Bank (``USB'') and the United States that 
required USB, without admitting fault or liability, to pay a settlement 
amount of $200 million, of which HUD would receive $144,199,970.
    Cause: The Board took this action as a result of an investigation 
into mortgage fraud.

17. WCS Lending, Boca Raton, FL [Docket No. 12-1645-MR]

    Action: On, July 10, 2014, the Board issued a Notice of 
Administrative Action withdrawing the FHA approval of WCS Lending 
(``WCS'') for a period of five years.
    Cause: The Board took this action based on the following violations 
of HUD/FHA requirements alleged by HUD: WCS failed to notify HUD that 
it: (a) Had ceased operations; (b) filed an Assignment for the benefit 
of Creditors in the State of Florida on December 18, 2013; (c) entered 
into a Consent Order with the Commissioner of Banks for the 
Commonwealth of Massachusetts on January 13, 2012; and (d) entered into 
a Consent Agreement and Order with the Commonwealth of Pennsylvania 
Department of Banking, Bureau of Compliance and Licensing and on July 
3, 2012. In addition, HUD alleged that WCS submitted a false 
certification on its annual recertification dated February 13, 2013, 
failed to comply with the terms of (6) indemnification agreements, and 
approved an FHA insured loan with excessive debt-to-income ratios.

II. Lenders That Failed To Timely Meet Requirements for Annual 
Recertification of HUD/FHA Approval

    Action: The Board entered into settlement agreements with the 
lenders listed below, which required the lender to pay either a $3,500 
or $7,500 civil money penalty without admitting fault or liability.
    Cause: The Board took this action based upon allegations that the 
lenders listed below failed to comply with the Department's annual 
recertification requirements in a timely manner.

1. Citizens Community Credit Union, Fort Dodge, IA ($3,500) [Docket 
No. 14-1603-MRT]
2. Community Bank and Trust, Neosho, Mo ($3,500) [Docket No. 14-
1607-MRT]
3. Cooperativa de Ahorro y Credito, Caguas, PR ($3,500) [Docket No. 
13-1500-MRT]
4. Coral Mortgage Bankers Corporation, Hackensack, NJ ($3,500) 
[Docket No. 14-1699-MRT]
5. First State Bank, Barbourville, WV ($3,500) [Docket No. 14-1724-
MRT]
6. Mortgage.Shop, LLC, Hampton, VA ($7,500) [Docket No. 14-1717-MRT]
7. No. thland Financial, Steele, ND ($3,500) [Docket No. 14-1581-
MRT]
8. STC Capital Bank, St. Charles, IL ($3,500) [Docket No. 14-1622-
MRT]
9. Security First, Cheyenne, WY ($3,500) [Docket No. 14-1616-MRT]
10. Southern Missouri Bank of Marshfield, Marshfield, MO ($3,500) 
[Docket No. 14-1568-MRT]
11. Sunmark FCU, Latham, NY ($3,500) [Docket No. 14-1597-MRT]

III. Lenders That Failed To Meet Requirements for Annual 
Recertification of HUD/FHA Approval

    Action: The Board voted to withdraw the FHA approval of each of the 
lenders listed below for a period of one (1) year, or permanently.
    Cause: The Board took this action based upon allegations that the 
lenders listed below were not in compliance with the Department's 
annual recertification requirements.

1. 1st Commonwealth Bank of Virginia, Arlington, VA (One Year 
Withdrawal) [Docket No. 15-1511-MRT]
2. Affordable Home Loans, Inc., Midvale, UT (One Year Withdrawal) 
[Docket No. 13-1306-MRT]
3. Allstate Financial Services, Pittsburgh, PA (One Year Withdrawal) 
[Docket No. 14-1623-MRT]
4. American Home Equity Corp., Irvine, CA (One Year Withdrawal) 
[Docket No. 15-1512-MRT]
5. Atlantic Consolidated LLC, Portland, ME (One Year Withdrawal) 
[Docket No. 15-1513-MRT]
6. Bankerswest Funding Corp., City of Industry, CA (One Year 
Withdrawal) [Docket No. 15-1514-MRT]
7. Bay Bank and Trust Company, Panama City, FL (One Year Withdrawal) 
[Docket No. 15-1515-MRT]
8. Bellco First Federal Credit Union, Denver, CO (One Year 
Withdrawal) [Docket No. 15-1516-MRT]
9. Brightgreen Home Loans, Inc. Charlotte, CO (One Year Withdrawal) 
[Docket No. 15-1517-MRT]
10. Carver Federal Savings Bank, New York, NY (One Year Withdrawal) 
[Docket No. 13-1495-MRT]
11. Central Progressive Bank, Lacombe, LA (Permanent Withdrawal) 
[Docket No. 15-1518-MRT]
12. Chemung Canal Trust Company, Elmira, NY (One Year Withdrawal) 
[Docket No. 14-1663-MRT]
13. CLO Funding Corp. Piscataway, NJ (One Year Withdrawal) [Docket 
No. 15-1519-MRT]
14. Community Reinvestment Fund Inc. Minneapolis, MN (One Year 
Withdrawal) [Docket No. 14-1468-MRT]
15. Cornerstone Mortgage Center, Inc. Sedalia, MO (Permanent 
Withdrawal) [Docket No. 15-1520-MRT]
16. Curtis Mortgage Company, Inc., Knoxville, TN (One Year 
Withdrawal) [Docket No. 15-1521-MRT]
17. DTI Employees Credit Union, Flatrock, MI (One Year Withdrawal) 
[Docket No. 15-1522-MRT]
18. East West Bank, El Monte, CO (One Year Withdrawal) [Docket No. 
15-1523-MRT]
19. Euro International Mortgage, Inc., Delray Beach, FL (One Year 
Withdrawal) [Docket No. 15-1524-MRT]
20. Excel Bank, Sedalia, MO (Permanent Withdrawal) [Docket No. 15-
1525-MRT]
21. First Atlantic Mortgage, LLC, Peachtree City, GA (One Year 
Withdrawal) [Docket No. 15-1526-MRT]
22. First Meridian Mortgage Corp., Tampa, FL (One Year Withdrawal) 
[Docket No. 15-1527-MRT]
23. First New England Mortgage Corp., Nashua, NH (One Year 
Withdrawal) [Docket No. 15-1528-MRT]
24. General Electric Employees FCU, Milford, CT (One Year 
Withdrawal) [Docket No. 15-1529-MRT]
25. Glasgow, Inc., Greenwood Village, CO (One Year Withdrawal), 
[Docket No. 15-1530-MRT]
26. Global Funding Services Corp., Costa Mesa, CA (One Year 
Withdrawal) [Docket No. 15-1531-MRT]
27. Grand Rivers Community Bank, Grand Chain, IL (One Year 
Withdrawal) [Docket No. 13-1488-MRT]
28. Graystone Solutions, Inc., Sudbury, MA (One Year Withdrawal) 
[Docket No. 15-1532-MRT]
29. Highland Mortgage Company, Birmingham, AL (One Year Withdrawal) 
[Docket No. 15-1533-MRT]
30. Homebuyers Resource Group, Inc., Baton Rouge, LA (One Year 
Withdrawal) [Docket No. 14-1681-MRT]
31. Hyde Park Bank and Trust Co, Chicago, IL (One Year Withdrawal) 
[Docket No. 15-1534-MRT]
32. Ideal Federal Savings Bank, Baltimore, MD (Permanent Withdrawal) 
[Docket No. 15-1535-MRT]
33. Illinois Service Federal Savings and Loan, Chicago, IL (One Year 
Withdrawal) [Docket No. 14-1688-MRT]
34. Ironwood Value Servicer, Inc., New York, NY (One Year 
Withdrawal) [Docket No. 15-1536-MRT]
35. L & G Mortgage Banc, Inc., Scottsdale, AZ (One Year Withdrawal) 
[Docket No. 15-1537-MRT]

[[Page 18436]]

36. Liberty Bank, FSB, West Des Moines, IA (One Year Withdrawal) 
[Docket No. 13-1332-MRT]
37. Litton Loan Servicing, LP, Houston, TX (One Year Withdrawal) 
[Docket No. 15-1538-MRT]
38. Massachusetts Housing Investment Corp., Boston, MA (One Year 
Withdrawal) [Docket No. 15-1539-MRT]
39. McLaughlin Lending Services, LLC, Lacey, WA (One Year 
Withdrawal) [Docket No. 13-1515-MRT]
40. Merchants and Farmers Bank, Kosciusko, MS (One Year Withdrawal) 
[Docket No. 15-1540-MRT]
41. Montana Mortgage Company, Kalispell, MT (One Year Withdrawal), 
[Docket No. 15-1541-MRT]
42. Morgan Stanley Credit Corp., Vernon Hills, IL (One Year 
Withdrawal), [Docket No. 15-1542-MRT]
43. Mortgage Security, Inc., Teaticket, MA (One Year Withdrawal), 
[Docket No. 15-1543-MRT]
44. MS Mortgage, LLC, Austin, TX (One Year Withdrawal), [Docket No. 
15-1544-MRT]
45. MVB Mortgage Corp., Southfield, MI (One Year Withdrawal), 
[Docket No. 15-1546-MRT]
46. Natixis Real Estate Capital, Inc., New York, NY (One Year 
Withdrawal), [Docket No. 15-1547-MRT]
47. Neighborhood Credit Union, Dallas, TX (One Year Withdrawal), 
[Docket No. 15-1548-MRT]
48. No. thern Mass Telephone Workers Community Credit Union, Lowell, 
MA (One Year Withdrawal), [Docket No. 15-1549-MRT]
49. ORNL Federal Credit Union, Oak Ridge, TN (One Year Withdrawal), 
[Docket No. 13-1512-MRT]
50. Partner Colorado Credit Union, Arvada, CO (One Year Withdrawal), 
[Docket No. 15-1550-MRT]
51. Premier Mortgage Services, Salt Lake City, UT (One Year 
Withdrawal), [Docket No. 15-1551-MRT]
52. Rabobank NA, Arroyo Granda, CA (One Year Withdrawal), [Docket 
No. 12-1603-MRT]
53. Radclift Capital Mortgage, LLC, New York, NY (One Year 
Withdrawal), [Docket No. 15-1552-MRT]
54. Real Mortgage Partners, Inc., Austin, TX (One Year Withdrawal), 
[Docket No. 15-1553-MRT]
55. Roy Al Finance and Loan Co., El Segundo, CA (One Year 
Withdrawal), [Docket No. 14-1559 and 14-1560-MRT]
56. Saxon Equity Mortgage Bankers, Ltd., Hauppauge, NY (One Year 
Withdrawal), [Docket No. 15-1554-MRT]
57. Sierra Pacific Home Loans, Inc., Fresco, CA (One Year 
Withdrawal), [Docket No. 15-1555-MRT]
58. Southeastern Capital Corp., Birmingham, AL (One Year 
Withdrawal), [Docket No. 15-1556-MRT]
59. State Investors Bank, Metaire, LA (One Year Withdrawal), [Docket 
No. 15-1557-MRT]
60. Sunset Mortgage Company, Portland, OR (One Year Withdrawal), 
[Docket No. 15-1558-MRT]
61. Sunshine Funding USA LLC, South Portland, ME (One Year 
Withdrawal), [Docket No. 15-1559-MRT]
62. Sunshine Savings Bank, Tallahassee, FL (One Year Withdrawal), 
[Docket No. 14-1575-MRT]
63. TCIF LLC, Armonk, NY (One Year Withdrawal), [Docket No. 15-1560-
MRT]
64. Texstar Lending, Inc., Dallas, TX (One Year Withdrawal), [Docket 
No. 15-1561-MRT]
65. United California Systems International, Los Angeles, CA (One 
Year Withdrawal), [Docket No. 13-1516-MRT]
66. Venture One Mortgage Corporation, National City, CA (One Year 
Withdrawal), [Docket No. 15-1562-MRT]
67. Virginia Commonwealth Bank, Petersburg, VA (One Year 
Withdrawal), [Docket No. 15-1563-MRT]
68. Vision Bank, Panama City Beach, FL (Permanent Withdrawal), 
[Docket No. 15-1564-MRT]

    Dated: March 27, 2015.
Biniam Gebre,
Acting Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 2015-07868 Filed 4-3-15; 8:45 am]
BILLING CODE 4210-67-P>

Federal Register / Vol. 80, No. 65 / Monday, April 6, 2015 / Notices 18433 (1) How well they communicate an Housing and Urban Development, 451 penalty in the amount of $10,500 and understanding of, and ability to meet, 7th Street SW., Room B–133/3150, indemnify the Department for the life of the proposed CRADA’s goal; and Washington, DC, 20410–8000; telephone the loan on three (3) HUD/FHA insured (2) How well they address the (202) 708–2224 (this is not a toll-free loans. following criteria: number). Persons with hearing or Cause: The Board took this action (a) Technical capability to support the speech impairments may access this based on the following violations of non-Federal party contributions number through TTY by calling the toll- HUD/FHA requirements alleged by described; and free Federal Relay Service at (800) 877– HUD: AFMS violated HUD/FHA’s (b) Resources available for supporting 8339. underwriting requirements when it the non-Federal party contributions SUPPLEMENTARY INFORMATION: Section approved a mortgage whose term described. 202(c)(5) of the National Housing Act exceeded the maximum length Currently, the Coast Guard is (12 U.S.C. 1708(c)(5)) requires that HUD permitted by HUD; approved a mortgage considering COP for participation in ‘‘publish a description of and the cause for a borrower with unstable income; this CRADA. This consideration is for administrative action against a HUD- and approved a mortgage with debt-to- based on the fact that COP has approved mortgagee’’ by the income ratios which exceeded HUD demonstrated its ability to operate UAS Department’s Mortgagee Review Board guidelines without acceptable in an Arctic maritime environment, and (‘‘Board’’). In compliance with the compensating factors. its UAS’s widespread use throughout requirements of Section 202(c)(5), this the Department of Defense. However, 3. First Residential Mortgage Services notice advises of actions that have been Corporation, Englewood Cliffs, NJ we do not wish to exclude other viable taken by the Board in its meetings from participants from this or future similar [Docket No. 13–1339–MR] October 1, 2013 to September 30, 2014. CRADAs. Action: On January 14, 2014 the Board This is a technology demonstration I. Civil Money Penalties, Withdrawals issued a Notice of Administrative effort. Since the goal of this CRADA is of FHA Approval, Suspensions, Action withdrawing the FHA approval to identify and investigate the potential Probations, Reprimands, and of First Residential Mortgage Services of the UAS to contribute to Coast Guard Administrative Payments Corporation (‘‘FRMSC’’) for a period of mission effectiveness in an Arctic five (5) years. 1. Affiliated Funding Corporation, Santa maritime environment, non-Federal Cause: The Board took this action Ana, CA [Docket No. 14–1550–MR] CRADA participants will not be based on the following violations of excluded from any future Coast Guard Action: On November 6, 2014, the HUD/FHA requirements alleged by procurements based solely on their Board issued a Notice of Administrative HUD: FRMSC (a) violated the terms of participation in this CRADA. Special Action permanently withdrawing the two repayment plans in accordance consideration will be given to small FHA approval of Affiliated Funding with FRMSC’s indemnification business firms/consortia, and preference Corporation (‘‘AFC’’). agreements with HUD; and (b) failed to will be given to business units located Cause: The Board took this action adequately document the source of in the U.S. based on the following violations of funds used for a down payment, for This notice is issued under the HUD/FHA requirements alleged by closing costs, or for the payment of authority of 5 U.S.C. 552(a). HUD: AFC failed to notify HUD in outstanding liabilities in connection accordance with HUD/FHA with thirteen (13) FHA insured loans. Dated: March 20, 2015. requirements that it had ceased business Captain Dennis C. Evans, USCG, operations and its license was revoked 4. Gateway Bank Mortgage, Inc., Commanding Officer, U.S. Coast Guard by the State of California Department of Raleigh, NC [Docket No. 13–1545–MR] Research and Development Center. Corporations; failed to comply with Action: On July 3, 2014, the Board [FR Doc. 2015–07848 Filed 4–3–15; 8:45 am] HUD’s annual recertification entered into a Settlement Agreement BILLING CODE 9110–04–P requirements by failing to timely submit with Gateway Bank Mortgage, Inc. audited financial statements for fiscal (‘‘GBM’’) that required GBM, without year December 31, 2012; failed to admitting fault or liability, to pay a civil DEPARTMENT OF HOUSING AND properly underwrite FHA insured loans money penalty in the amount of $98,500 URBAN DEVELOPMENT in accordance with HUD/FHA and to indemnify HUD with respect to [Docket No. FR–5864–N–01] requirements in analyzing borrower four (4) FHA loans for any loss resulting liabilities, and documenting borrowers’ from a default occurring within five (5) Mortgagee Review Board: incomes and gift funds; failed to comply years from the date of endorsement. Administrative Actions with HUD/FHA’s property flipping Cause: The Board took this action requirements; failed to ensure an FHA based on the following violations of AGENCY: Office of the Assistant insured loan was not used as an HUD/FHA requirements alleged by Secretary for Housing–Federal Housing investment; failed to resolve Automated HUD: GBM (a) failed to comply with Commissioner, HUD. Underwriting System findings and HUD’s Quality Control requirements; (b) ACTION: Notice. issues relating to appraisal reports; and failed to conduct pre-endorsement failed to refund the unused Upfront reviews for Lender Insured loans; (c) SUMMARY: In compliance with Section Mortgage Insurance Premiums to a failed to retain documentation in loan 202(c)(5) of the National Housing Act, borrower. files; and (d) failed to properly verify this notice advises of the cause and and document gift funds. description of administrative actions 2. American Fidelity Mortgage Services, tkelley on DSK4VPTVN1PROD with NOTICES taken by HUD’s Mortgagee Review Inc., Lisle, IL [Docket No. 14–1556–MR] 5. JP Morgan Chase Bank NA, Iselin, NJ Board against HUD-approved Action: On November 14, 2014, the [Docket No. 13–1540–MR] mortgagees. Board entered into a settlement Action: On January 31, 2014, the FOR FURTHER INFORMATION CONTACT: agreement with American Fidelity Board voted to provide an Nancy A. Murray, Secretary to the Mortgage Services, Inc. (‘‘AFMS’’) that administrative release as part of a Mortgagee Review Board, Department of required AFMS to pay a civil money settlement agreement between JP VerDate Sep<11>2014 18:14 Apr 03, 2015 Jkt 235001 PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1

18434 Federal Register / Vol. 80, No. 65 / Monday, April 6, 2015 / Notices Morgan Chase Bank, NA (‘‘Chase’’) and 9. Mortgage Now Inc., Shrewsbury, NJ 12. RH Lending, Colleyville, TX [Docket the United States that required Chase to [Docket No. 14–0000–MR] No. 13–1548–MR] pay the United States $614 million, of Action: On August 19, 2014, the Action: On July 8, 2014, the Board which HUD received $564.6 million. Board entered into a Settlement entered into a Settlement Agreement Cause: The Board took this action as Agreement with Mortgage Now Inc. with RH Lending (‘‘RH’’) under which a result of an investigation into FHA (‘‘MN’’) that required MN to pay a civil RH, without admitting fault or liability, mortgage fraud. money penalty in the amount of agreed not to contest the Board’s $22,500, an administrative payment in permanent withdrawal of RH’s FHA 6. Liberty Mortgage Corporation, Erie, the amount of $8,500 and payment in approval, and which required RH to pay PA [Docket No. 13–1546–MR] the amount of $37,309.89 under the a civil money penalty in the amount of Action: On July 10, 2014, the Board terms of a previously signed $300,000. entered into a Settlement Agreement indemnification agreements, and agreed Cause: The Board took this action with Liberty Mortgage Corporation to indemnify HUD for any losses it based on the following violations of (‘‘LMC’’) that required LMC, without might suffer with respect to one loan. HUD/FHA requirements alleged by admitting fault or liability, to pay HUD Cause: The Board took this action HUD: RH (a) submitted a false $294,788.56 for five outstanding based on the following violation of certifications on forty-one (41) FHA indemnification agreements. HUD/FHA requirements alleged by insured loans; (b) disbursed HUD: MN (a) failed to notify HUD it manufactured home loan proceeds to an Cause: The Board took this action paid a $10,000 fine to the unlicensed installer; (c) violated HUD’s based on the following violation of Commonwealth of Pennsylvania’s prohibition to pay or accept kickbacks, HUD/FHA requirements alleged by Department of Banking and Securities, referral fees and/or splitting fees; and HUD: LMC failed to remit payments to Bureau of Compliance and Licensing (d) provided false information, by its HUD/FHA in accordance with five (5) relating to the cancellation of MN’s CEO, to the Mortgagee Review Board. previously executed indemnification agreements. surety bond; (b) failed to notify HUD it 13. Sun Home Loans, Inc., Vineland, NJ was ordered by the State of California to [Docket No. 14–1679–MR] 7. LoanCare LLC f/k/a/FNF Servicing, discontinue disbursing trust funds in Inc., Virginia Beach, VA [Docket No. 13– Action: On April 10, 2014, the Board the State due to the cancellation of MN’s entered into a Settlement Agreement 1323–MR] surety bond; (c) falsely certified on its with Sun Home Loans (‘‘SHL’’) that Action: On April 10, 2014, the Board 2012 Annual Certification that it had required SHL, without admitting fault or entered into a Settlement Agreement not been sanctioned by any state agency, liability, to pay a civil money penalty in with LoanCare LLC f/k/a FNF Servicing, and (d) failed to pay HUD amounts it the amount of $30,000. Inc. (‘‘LoanCare’’) that required owed under indemnification Cause: The Board took this action LoanCare, without admitting fault or agreements. based on the following violations of liability, to pay civil money penalties in 10. Ofori and Associates, PC., HUD/FHA requirements alleged by the amount of $475,000, to indemnify Washington, DC [Docket No. 10–1434– HUD: SHL failed to timely notify HUD HUD for any losses it may incur with MRT] of its (a) merger with Sun National respect to one loan, to refund loss Bank; (b) failed to notify HUD it had a mitigation incentive fees to HUD, and to Action: On February 18, 2014, the change in its corporate officers; and (c) refund any late fees and inspection fees Board issued a Notice of Administrative failed to timely submit its annual improperly charged to borrowers. Action to withdraw the FHA approval of audited financial statements for fiscal Ofori and Associated, P.C., (‘‘Ofori’’) for years 2011 and 2012. Cause: The Board took this action a period of one (1) year. based on the following violation of Cause: The Board took this action 14. SunTrust Mortgage, Inc., Richmond, HUD/FHA requirements alleged by based on the following violations of VA [Docket No. 12–1651–MR] HUD: LoanCare failed to comply with HUD/FHA requirements alleged by HUD requirements regarding quality Action: On June 16, 2014, the Board HUD: Ofori failed to meet HUD’s voted to release administrative claims it control plans, servicing, loss mitigation, requirement that FHA-approved non- foreclosure, documentation, default might have against Suntrust Mortgage, supervised mortgagees must derive at Inc. (‘‘SM’’), in conjunction with a reporting, and the charging of late fees least 50% of their annual gross revenue and inspection fees. settlement agreement entered into from the lending or investing of funds between SM, the United States, the 8. MB Financial Bank N.A., Chicago, Ill in real estate mortgages or a directly Consumer Protection Financial Bureau, [Docket No.14–1655–MRT] related field. and several states that required, among 11. Residential Lending Services, Inc. other things, that SM comply with Action: On June 4, 2014, the Board Newark, NJ [Docket No. 13–1547–MR] specified servicing standards, provide entered into a Settlement Agreement certain consumer relief, and pay a with MB Financial (MB) requiring MB, Action: On May 13, 2014 the Board settlement amount of $418 million, of without admitting fault or liability, to issued a Notice of Administrative which HUD received $300 million. pay an administrative payment in the Action permanently withdrawing the Cause: The Board took this action as amount of $10,000. FHA approval of Residential Lending a result of an investigation into FHA Cause: MB failed to timely meet the Services, Inc., (‘‘RLS’’). mortgage fraud. Department’s annual recertification Cause: The Board took this action 15. The First Mortgage Corporation, tkelley on DSK4VPTVN1PROD with NOTICES requirements for its fiscal year ended based on the following violations of December 31, 2012, by (a) failing to HUD/FHA requirements alleged by Flossmoor, IL [Docket No. 14–1544–MR] timely submit its audited financial HUD: RLS failed to notify HUD that it Action: On May 13, 2014, the Board statements and supplementary reports; had filed for bankruptcy and ceased issued a Notice of Administrative (b) failing to timely pay its operations. In addition, RLS failed to Action permanently withdrawing the recertification fee; and (c) failing to submit audited financial statements for FHA approval of The First Mortgage timely submit its online certification. fiscal years 2011 and 2012. Corporation (‘‘FMC’’). VerDate Sep<11>2014 18:14 Apr 03, 2015 Jkt 235001 PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1

Federal Register / Vol. 80, No. 65 / Monday, April 6, 2015 / Notices 18435 Cause: The Board took this action to pay either a $3,500 or $7,500 civil 10. Carver Federal Savings Bank, New York, based on the following violations of money penalty without admitting fault NY (One Year Withdrawal) [Docket No. HUD/FHA requirements alleged by or liability. 13–1495–MRT] Cause: The Board took this action 11. Central Progressive Bank, Lacombe, LA HUD: FMC: (a) Failed to notify HUD (Permanent Withdrawal) [Docket No. 15– that it had ceased operations; (b) failed based upon allegations that the lenders 1518–MRT] to notify HUD that it was the subject of listed below failed to comply with the 12. Chemung Canal Trust Company, Elmira, an involuntary Chapter 7 Bankruptcy Department’s annual recertification NY (One Year Withdrawal) [Docket No. petition filed on December 7, 2012; (c) requirements in a timely manner. 14–1663–MRT] Failed to notify HUD that its license had 1. Citizens Community Credit Union, Fort 13. CLO Funding Corp. Piscataway, NJ (One been revoked and that a fine was Dodge, IA ($3,500) [Docket No. 14–1603– Year Withdrawal) [Docket No. 15–1519– assessed by the Department of Financial MRT] MRT] and Professional Regulation, Division of 2. Community Bank and Trust, Neosho, Mo 14. Community Reinvestment Fund Inc. ($3,500) [Docket No. 14–1607–MRT] Minneapolis, MN (One Year Withdrawal) Banking, State of Illinois; and (d) failed [Docket No. 14–1468–MRT] to submit its annual recertification and 3. Cooperativa de Ahorro y Credito, Caguas, PR ($3,500) [Docket No. 13–1500–MRT] 15. Cornerstone Mortgage Center, Inc. acceptable audited financial statement, Sedalia, MO (Permanent Withdrawal) 4. Coral Mortgage Bankers Corporation, and to pay the annual recertification fee Hackensack, NJ ($3,500) [Docket No. 14– [Docket No. 15–1520–MRT] for its fiscal year ending June 30, 2013. 1699–MRT] 16. Curtis Mortgage Company, Inc., 5. First State Bank, Barbourville, WV ($3,500) Knoxville, TN (One Year Withdrawal) 16. US Bank, N.A. Minneapolis, MN [Docket No. 15–1521–MRT] [Docket No. 12–1541–MR] [Docket No. 14–1724–MRT] 6. Mortgage.Shop, LLC, Hampton, VA 17. DTI Employees Credit Union, Flatrock, Action: On June 25, 2014, the Board ($7,500) [Docket No. 14–1717–MRT] MI (One Year Withdrawal) [Docket No. voted to provide an administrative 7. No. thland Financial, Steele, ND ($3,500) 15–1522–MRT] [Docket No. 14–1581–MRT] 18. East West Bank, El Monte, CO (One Year release in conjunction with a Settlement Withdrawal) [Docket No. 15–1523–MRT] Agreement entered into between US 8. STC Capital Bank, St. Charles, IL ($3,500) [Docket No. 14–1622–MRT] 19. Euro International Mortgage, Inc., Delray Bank (‘‘USB’’) and the United States that Beach, FL (One Year Withdrawal) 9. Security First, Cheyenne, WY ($3,500) required USB, without admitting fault [Docket No. 15–1524–MRT] [Docket No. 14–1616–MRT] or liability, to pay a settlement amount 10. Southern Missouri Bank of Marshfield, 20. Excel Bank, Sedalia, MO (Permanent of $200 million, of which HUD would Marshfield, MO ($3,500) [Docket No. 14– Withdrawal) [Docket No. 15–1525–MRT] receive $144,199,970. 1568–MRT] 21. First Atlantic Mortgage, LLC, Peachtree Cause: The Board took this action as 11. Sunmark FCU, Latham, NY ($3,500) City, GA (One Year Withdrawal) [Docket a result of an investigation into [Docket No. 14–1597–MRT] No. 15–1526–MRT] mortgage fraud. 22. First Meridian Mortgage Corp., Tampa, III. Lenders That Failed To Meet FL (One Year Withdrawal) [Docket No. 17. WCS Lending, Boca Raton, FL Requirements for Annual 15–1527–MRT] [Docket No. 12–1645–MR] Recertification of HUD/FHA Approval 23. First New England Mortgage Corp., Nashua, NH (One Year Withdrawal) Action: On, July 10, 2014, the Board Action: The Board voted to withdraw [Docket No. 15–1528–MRT] issued a Notice of Administrative the FHA approval of each of the lenders 24. General Electric Employees FCU, Milford, Action withdrawing the FHA approval listed below for a period of one (1) year, CT (One Year Withdrawal) [Docket No. of WCS Lending (‘‘WCS’’) for a period or permanently. 15–1529–MRT] of five years. Cause: The Board took this action 25. Glasgow, Inc., Greenwood Village, CO Cause: The Board took this action based upon allegations that the lenders (One Year Withdrawal), [Docket No. 15– based on the following violations of listed below were not in compliance 1530–MRT] HUD/FHA requirements alleged by 26. Global Funding Services Corp., Costa with the Department’s annual Mesa, CA (One Year Withdrawal) HUD: WCS failed to notify HUD that it: recertification requirements. [Docket No. 15–1531–MRT] (a) Had ceased operations; (b) filed an 1. 1st Commonwealth Bank of Virginia, 27. Grand Rivers Community Bank, Grand Assignment for the benefit of Creditors Arlington, VA (One Year Withdrawal) Chain, IL (One Year Withdrawal) [Docket in the State of Florida on December 18, [Docket No. 15–1511–MRT] No. 13–1488–MRT] 2013; (c) entered into a Consent Order 2. Affordable Home Loans, Inc., Midvale, UT 28. Graystone Solutions, Inc., Sudbury, MA with the Commissioner of Banks for the (One Year Withdrawal) [Docket No. 13– (One Year Withdrawal) [Docket No. 15– Commonwealth of Massachusetts on 1306–MRT] 1532–MRT] January 13, 2012; and (d) entered into a 3. Allstate Financial Services, Pittsburgh, PA 29. Highland Mortgage Company, Consent Agreement and Order with the (One Year Withdrawal) [Docket No. 14– Birmingham, AL (One Year Withdrawal) 1623–MRT] [Docket No. 15–1533–MRT] Commonwealth of Pennsylvania 4. American Home Equity Corp., Irvine, CA 30. Homebuyers Resource Group, Inc., Baton Department of Banking, Bureau of (One Year Withdrawal) [Docket No. 15– Rouge, LA (One Year Withdrawal) Compliance and Licensing and on July 1512–MRT] [Docket No. 14–1681–MRT] 3, 2012. In addition, HUD alleged that 5. Atlantic Consolidated LLC, Portland, ME 31. Hyde Park Bank and Trust Co, Chicago, WCS submitted a false certification on (One Year Withdrawal) [Docket No. 15– IL (One Year Withdrawal) [Docket No. its annual recertification dated February 1513–MRT] 15–1534–MRT] 13, 2013, failed to comply with the 6. Bankerswest Funding Corp., City of 32. Ideal Federal Savings Bank, Baltimore, terms of (6) indemnification agreements, Industry, CA (One Year Withdrawal) MD (Permanent Withdrawal) [Docket No. and approved an FHA insured loan with [Docket No. 15–1514–MRT] 15–1535–MRT] 7. Bay Bank and Trust Company, Panama 33. Illinois Service Federal Savings and Loan, excessive debt-to-income ratios. City, FL (One Year Withdrawal) [Docket Chicago, IL (One Year Withdrawal) tkelley on DSK4VPTVN1PROD with NOTICES II. Lenders That Failed To Timely Meet No. 15–1515–MRT] [Docket No. 14–1688–MRT] Requirements for Annual 8. Bellco First Federal Credit Union, Denver, 34. Ironwood Value Servicer, Inc., New York, Recertification of HUD/FHA Approval CO (One Year Withdrawal) [Docket No. NY (One Year Withdrawal) [Docket No. 15–1516–MRT] 15–1536–MRT] Action: The Board entered into 9. Brightgreen Home Loans, Inc. Charlotte, 35. L & G Mortgage Banc, Inc., Scottsdale, AZ settlement agreements with the lenders CO (One Year Withdrawal) [Docket No. (One Year Withdrawal) [Docket No. 15– listed below, which required the lender 15–1517–MRT] 1537–MRT] VerDate Sep<11>2014 18:14 Apr 03, 2015 Jkt 235001 PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1

18436 Federal Register / Vol. 80, No. 65 / Monday, April 6, 2015 / Notices 36. Liberty Bank, FSB, West Des Moines, IA Portland, ME (One Year Withdrawal), Highway 89A, Kanab, Utah 84741; (One Year Withdrawal) [Docket No. 13– [Docket No. 15–1559–MRT] phone 435–644–1209, or email: 1332–MRT] 62. Sunshine Savings Bank, Tallahassee, FL lcrutchf@blm.gov. Persons who use a 37. Litton Loan Servicing, LP, Houston, TX (One Year Withdrawal), [Docket No. 14– telecommunications device for the deaf (One Year Withdrawal) [Docket No. 15– 1575–MRT] 1538–MRT] 63. TCIF LLC, Armonk, NY (One Year (TDD) may call the Federal Information 38. Massachusetts Housing Investment Corp., Withdrawal), [Docket No. 15–1560–MRT] Relay Service (FIRS) at 1–800–877–8339 Boston, MA (One Year Withdrawal) 64. Texstar Lending, Inc., Dallas, TX (One to leave a message or question for the [Docket No. 15–1539–MRT] Year Withdrawal), [Docket No. 15–1561– above individual. The FIRS is available 39. McLaughlin Lending Services, LLC, MRT] 24 hours a day, seven days a week. Lacey, WA (One Year Withdrawal) 65. United California Systems International, Replies are provided during normal [Docket No. 13–1515–MRT] Los Angeles, CA (One Year Withdrawal), business hours. 40. Merchants and Farmers Bank, Kosciusko, [Docket No. 13–1516–MRT] MS (One Year Withdrawal) [Docket No. 66. Venture One Mortgage Corporation, SUPPLEMENTARY INFORMATION: The 15–1540–MRT] National City, CA (One Year Secretary of the Interior established the 41. Montana Mortgage Company, Kalispell, Withdrawal), [Docket No. 15–1562–MRT] GSENM–MAC pursuant to section 309 MT (One Year Withdrawal), [Docket No. 67. Virginia Commonwealth Bank, of the Federal Land Policy and 15–1541–MRT] Petersburg, VA (One Year Withdrawal), Management Act (FLPMA) of 1976 (43 42. Morgan Stanley Credit Corp., Vernon [Docket No. 15–1563–MRT] Hills, IL (One Year Withdrawal), [Docket U.S.C. 1739) and in conformity with the 68. Vision Bank, Panama City Beach, FL No. 15–1542–MRT] (Permanent Withdrawal), [Docket No. Federal Advisory Committee Act 43. Mortgage Security, Inc., Teaticket, MA 15–1564–MRT] (FACA) of 1972 (5 U.S.C. Appendix 2). (One Year Withdrawal), [Docket No. 15– The 15 appointed members of the 1543–MRT] Dated: March 27, 2015. GSENM–MAC perform several primary 44. MS Mortgage, LLC, Austin, TX (One Year Biniam Gebre, tasks: (1) Review evaluation reports Withdrawal), [Docket No. 15–1544–MRT] Acting Assistant Secretary for Housing– produced by the Management Science 45. MVB Mortgage Corp., Southfield, MI (One Federal Housing Commissioner. Team and make recommendations on Year Withdrawal), [Docket No. 15–1546– [FR Doc. 2015–07868 Filed 4–3–15; 8:45 am] MRT] protocols and projects to meet overall 46. Natixis Real Estate Capital, Inc., New BILLING CODE 4210–67–P objectives; (2) Review appropriate York, NY (One Year Withdrawal), research proposals and make [Docket No. 15–1547–MRT] recommendations on project necessity 47. Neighborhood Credit Union, Dallas, TX DEPARTMENT OF THE INTERIOR and validity; (3) Make recommendations (One Year Withdrawal), [Docket No. 15– regarding the allocation of research 1548–MRT] Bureau of Land Management funds through review of research and 48. No. thern Mass Telephone Workers project proposals, as well as the Community Credit Union, Lowell, MA [15X L1109AF LLUT030000 L16100000. PH0000 24 1A] research needs identified through the (One Year Withdrawal), [Docket No. 15– 1549–MRT] evaluation process above; and (4) Be 49. ORNL Federal Credit Union, Oak Ridge, Call for Nominations for Grand available to provide support for issues TN (One Year Withdrawal), [Docket No. Staircase-Escalante National such as protocols for specific projects. 13–1512–MRT] Monument Advisory Committee The Secretary appoints persons to the 50. Partner Colorado Credit Union, Arvada, GSENM–MAC who are representatives CO (One Year Withdrawal), [Docket No. AGENCY: Bureau of Land Management, Interior. of the various major citizen interests 15–1550–MRT] ACTION: Notice. pertaining to land-use planning and 51. Premier Mortgage Services, Salt Lake City, UT (One Year Withdrawal), [Docket management of the lands under BLM No. 15–1551–MRT] SUMMARY: The purpose of this notice is management in the GSENM. 52. Rabobank NA, Arroyo Granda, CA (One to request public nominations for five Each GSENM–MAC member will be a Year Withdrawal), [Docket No. 12–1603– members of the Grand Staircase- person who, as a result of training and MRT] Escalante National Monument Advisory experience, has knowledge or special 53. Radclift Capital Mortgage, LLC, New Committee (GSENM–MAC). The expertise which qualifies him or her to York, NY (One Year Withdrawal), GSENM–MAC provides advice and [Docket No. 15–1552–MRT] provide advice from among the recommendations to GSENM on science categories of interest listed below. As 54. Real Mortgage Partners, Inc., Austin, TX (One Year Withdrawal), [Docket No. 15– issues and the achievement of GSENM appropriate, certain committee members 1553–MRT] Management Plan objectives. The may be appointed as Special 55. Roy Al Finance and Loan Co., El GSENM will receive public nominations Government Employees. Special Segundo, CA (One Year Withdrawal), for 30 days from the date this notice is Government Employees serve on the [Docket No. 14–1559 and 14–1560–MRT] published. committee without compensation, and 56. Saxon Equity Mortgage Bankers, Ltd., DATES: A completed nomination form are subject to financial disclosure Hauppauge, NY (One Year Withdrawal), and accompanying nomination/ requirements in the Ethics in [Docket No. 15–1554–MRT] recommendation letters must be Government Act and 5 CFR part 2634. 57. Sierra Pacific Home Loans, Inc., Fresco, CA (One Year Withdrawal), [Docket No. received at the address listed below no This notice, published pursuant to 43 15–1555–MRT] later than May 6, 2015. CFR 1784.4–1 and in accordance with 58. Southeastern Capital Corp., Birmingham, ADDRESSES: Completed applications the Approved Management Plan for AL (One Year Withdrawal), [Docket No. should be sent to the Bureau of Land Grand Staircase-Escalante National 15–1556–MRT] tkelley on DSK4VPTVN1PROD with NOTICES Management, Grand Staircase-Escalante Monument (February 2000), solicits 59. State Investors Bank, Metaire, LA (One National Monument Headquarters public nominations to fill five positions Year Withdrawal), [Docket No. 15–1557– Office, 669 South Highway 89A, Kanab, MRT] on the committee. Any individual or 60. Sunset Mortgage Company, Portland, OR Utah 84741. organization may nominate one or more (One Year Withdrawal), [Docket No. 15– FOR FURTHER INFORMATION CONTACT: persons to serve on the GSENM–MAC. 1558–MRT] Larry Crutchfield, Public Affairs Officer, Individuals may nominate themselves 61. Sunshine Funding USA LLC, South GSENM Headquarters Office, 669 South for GSENM–MAC membership. VerDate Sep<11>2014 18:14 Apr 03, 2015 Jkt 235001 PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 E:\FR\FM\06APN1.SGM 06APN1


Document Created: 2015-12-18 11:18:30
Document Modified: 2015-12-18 11:18:30
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
ContactNancy A. Murray, Secretary to the Mortgagee Review Board, Department of Housing and Urban Development, 451 7th Street SW., Room B-133/3150, Washington, DC, 20410-8000; telephone (202) 708-2224 (this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.
FR Citation80 FR 18433 
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