83_FR_2673 83 FR 2661 - Order of Succession for Government National Mortgage Association (Ginnie Mae)

83 FR 2661 - Order of Succession for Government National Mortgage Association (Ginnie Mae)

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 83, Issue 12 (January 18, 2018)

Page Range2661-2662
FR Document2018-00796

In this Notice, the Secretary of Housing and Urban Development designates the Order of Succession for the Government National Mortgage Association (Ginnie Mae). This Order of Succession supersedes all prior Orders of Succession for Ginnie Mae.

Federal Register, Volume 83 Issue 12 (Thursday, January 18, 2018)
[Federal Register Volume 83, Number 12 (Thursday, January 18, 2018)]
[Notices]
[Pages 2661-2662]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00796]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6047-D-03]


Order of Succession for Government National Mortgage Association 
(Ginnie Mae)

AGENCY: Office of the President of the Government National Mortgage 
Association, HUD.

ACTION: Notice of order of succession.

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SUMMARY: In this Notice, the Secretary of Housing and Urban Development 
designates the Order of Succession for the Government National Mortgage 
Association (Ginnie Mae). This Order of Succession supersedes all prior 
Orders of Succession for Ginnie Mae.

DATES: Applicability Date: December 19, 2017.

FOR FURTHER INFORMATION CONTACT: Senior Vice President and Chief Risk 
Officer, Office of Enterprise Risk, Government National Mortgage 
Association, Department of Housing and Urban Development, Capital View, 
425 3rd Street SW, Washington, DC 20024; telephone number (202) 475-
4918. (This is not a toll-free number). Persons with hearing- or 
speech-impairments may access this number though TTY by calling the 
toll-free Federal Relay Service at 1-800-877-8339.

SUPPLEMENTARY INFORMATION: The Secretary of Housing and Urban 
Development hereby issues this Order of Succession pursuant to the 
Bylaws of Ginnie Mae which authorize the Secretary of Housing and Urban 
Development or the President of Ginnie Mae to designate the sequence in 
which other officers of Ginnie Mae shall act. The officers designated 
below shall perform the duties and exercise the power and authority of 
the President, when the President is absent or unable to act, or when 
there is a vacancy in the Office of the President of Ginnie Mae. This 
Order of Succession is subject to the provisions of the Federal 
Vacancies Reform Act of 1998 (5 U.S.C. 3345- 3349d) and the Bylaws of 
the Government National Mortgage Association, as published at 
www.ginniemae.gov. Accordingly, the Secretary of Housing and Urban 
Development designates the following Order of Succession:

Section A. Order of Succession

    Subject to the provisions of the Federal Vacancies Reform Act of 
1998 and the Bylaws of Ginnie Mae, during any period when, by reason of 
absence, disability, or vacancy in office, the President of Ginnie Mae 
is not available to exercise the powers or perform the duties of the 
President, the following officials within Ginnie Mae are hereby 
designated to exercise the powers and perform the duties of the Office:

(1) Executive Vice President--Chief Operations Officer;
(2) Executive Vice President;
(3) Senior Vice President, Office of Enterprise Risk;
(4) Senior Vice President, Office of Issuer and Portfolio Management;
(5) Senior Vice President, Office of Capital Markets;
(6) Senior Vice President, Office of Securities Operations;
(7) Senior Vice President, Office of Chief Financial Officer;
(8) Senior Vice President, Office of Enterprise Data and Technology 
Solutions;
(9) Senior Vice President, Office of Management Operations.

    These officials shall perform the functions and duties of the 
Office in the

[[Page 2662]]

order specified herein, and no official shall serve unless all the 
other officials, whose position titles precede his/hers in this order, 
are unable to act by reason of absence, disability, or vacancy in 
office.

Section B. Authority Superseded

    This Order of Succession supersedes the prior Orders of Succession 
for the President of Ginnie Mae.

    Authority:  Section 7(d), Department of Housing and Urban 
Development Act (42 U.S.C. 3535(d)). Section 3.05, Bylaws of the 
Government National Mortgage Association, as published in the Bylaws 
published at www.ginniemae.gov.

    Dated: December 19, 2017.
Benjamin S. Carson, Sr.,
Secretary.
[FR Doc. 2018-00796 Filed 1-17-18; 8:45 am]
 BILLING CODE 4210-67-P



                                                                             Federal Register / Vol. 83, No. 12 / Thursday, January 18, 2018 / Notices                                            2661

                                                Ginnie Mae and Ginnie Mae’s programs                    office, the Ginnie Mae Executive Vice                  Officer, Office of Enterprise Risk,
                                                pursuant to title III of the National                   President—Chief Operations Officer or                  Government National Mortgage
                                                Housing Act (12 U.S.C. 1723 and 68 FR                   other persons authorized to act in the                 Association, Department of Housing and
                                                41840); (2) authority to waive                          President’s absence may exercise the                   Urban Development, Capital View, 425
                                                regulations issued by the U.S.                          waiver authority of the President                      3rd Street SW, Washington, DC 20024;
                                                Department of Housing and Urban                         consistent with HUD’s policies and                     telephone number (202) 475–4918. (This
                                                Development (73 FR 76674); (3)                          procedures (73 FR 76674 and 66 FR                      is not a toll-free number). Persons with
                                                authority to impose suspensions and                     13944).                                                hearing- or speech-impairments may
                                                debarments, with the concurrence of the                                                                        access this number though TTY by
                                                                                                        Section C. Authority Superseded                        calling the toll-free Federal Relay
                                                General Counsel or his or her designee
                                                (54 FR 4913 and 63 FR 57133); and (4)                     This delegation of authority                         Service at 1–800–877–8339.
                                                the power to affix HUD’s seal and                       supersedes all previous delegations of                 SUPPLEMENTARY INFORMATION: The
                                                authenticate documents (68 FR 41840).                   authority and redelegations of authority               Secretary of Housing and Urban
                                                  This notice consolidates the functions                for Ginnie Mae, including the delegation               Development hereby issues this Order of
                                                that the Secretary has delegated to the                 of authority published in the Federal                  Succession pursuant to the Bylaws of
                                                President of Ginnie Mae, while also                     Register on August 30, 2011 (76 FR                     Ginnie Mae which authorize the
                                                delegating concurrent authority to                      53931), and the June 21, 2017,                         Secretary of Housing and Urban
                                                Ginnie Mae’s Executive Vice                             memorandum entitled ‘‘Amendment to                     Development or the President of Ginnie
                                                President—Chief Operations Officer.                     Delegation of Authority and Order of                   Mae to designate the sequence in which
                                                While the Secretary has delegated                       Succession for Ginnie Mae.’’ The                       other officers of Ginnie Mae shall act.
                                                authority to the Ginnie Mae President                   Secretary may revoke the authority                     The officers designated below shall
                                                and Ginnie Mae Executive Vice                           authorized herein, in whole or part, at                perform the duties and exercise the
                                                President—Chief Operations Officer, the                 any time.                                              power and authority of the President,
                                                Secretary retains authority under 12                                                                           when the President is absent or unable
                                                                                                        Section D. Actions Ratified
                                                U.S.C. 1723.                                                                                                   to act, or when there is a vacancy in the
                                                                                                          The Secretary hereby ratifies all                    Office of the President of Ginnie Mae.
                                                Section A. Consolidation of Authority                   actions previously taken by the Ginnie                 This Order of Succession is subject to
                                                Delegated                                               Mae President and Ginnie Mae                           the provisions of the Federal Vacancies
                                                  The Secretary hereby concurrently                     Executive Vice President—Chief                         Reform Act of 1998 (5 U.S.C. 3345–
                                                delegates authority to the President and                Operations Officer that are consistent                 3349d) and the Bylaws of the
                                                the Executive Vice President—Chief                      with the delegations of authority                      Government National Mortgage
                                                Operations Officer of Ginnie Mae.                       provided in this notice.                               Association, as published at
                                                  1. All powers and duties of Ginnie                      Authority: Section 7(d), Department of               www.ginniemae.gov. Accordingly, the
                                                Mae, which are by law vested in the                     Housing and Urban Development Act (42                  Secretary of Housing and Urban
                                                Secretary, except as otherwise provided                 U.S.C. 3535(d)); Article 3, Bylaws of the              Development designates the following
                                                in the Ginnie Mae bylaws (posted at                     Government National Mortgage Association,              Order of Succession:
                                                www.ginniemae.gov).                                     posted at ginniemae.gov; 24 CFR part 310.
                                                  2. All authority of the Secretary with                                                                       Section A. Order of Succession
                                                                                                          Dated: December 19, 2017.
                                                respect to the management of Ginnie                                                                              Subject to the provisions of the
                                                                                                        Benjamin S. Carson, Sr.,
                                                Mae and Ginnie Mae programs pursuant                                                                           Federal Vacancies Reform Act of 1998
                                                                                                        Secretary.
                                                to title III of the National Housing Act,                                                                      and the Bylaws of Ginnie Mae, during
                                                12 U.S.C. 1723 (68 FR 41840);                           [FR Doc. 2018–00797 Filed 1–17–18; 8:45 am]
                                                                                                                                                               any period when, by reason of absence,
                                                  3. The power to waive HUD                             BILLING CODE 4210–67–P                                 disability, or vacancy in office, the
                                                regulations; section 7(q), Department of                                                                       President of Ginnie Mae is not available
                                                Housing and Urban Development Act                                                                              to exercise the powers or perform the
                                                (42 U.S.C. 3535(q) and 73 FR 76674);                    DEPARTMENT OF HOUSING AND                              duties of the President, the following
                                                  4. The power to impose suspensions                    URBAN DEVELOPMENT                                      officials within Ginnie Mae are hereby
                                                and debarments, with the concurrence                    [Docket No. FR–6047–D–03]                              designated to exercise the powers and
                                                of the General Counsel; section 7(d),                                                                          perform the duties of the Office:
                                                Department of Housing and Urban                         Order of Succession for Government                     (1) Executive Vice President—Chief
                                                Development Act (42 U.S.C. 3535(d); 54                  National Mortgage Association (Ginnie                       Operations Officer;
                                                FR 4913 and 63 FR 57133); and                           Mae)                                                   (2) Executive Vice President;
                                                  5. Authority to authenticate                                                                                 (3) Senior Vice President, Office of
                                                documents and affix the seal of HUD to                  AGENCY: Office of the President of the
                                                                                                        Government National Mortgage                                Enterprise Risk;
                                                documents (68 FR 41840).                                                                                       (4) Senior Vice President, Office of
                                                                                                        Association, HUD.
                                                Section B. Authority To Redelegate                                                                                  Issuer and Portfolio Management;
                                                                                                        ACTION: Notice of order of succession.                 (5) Senior Vice President, Office of
                                                  The Ginnie Mae President and Ginnie                                                                               Capital Markets;
                                                Mae Executive Vice President—Chief                      SUMMARY:  In this Notice, the Secretary of
                                                                                                                                                               (6) Senior Vice President, Office of
                                                Operations Officer may redelegate the                   Housing and Urban Development
                                                                                                                                                                    Securities Operations;
                                                authorities delegated by the Secretary,                 designates the Order of Succession for                 (7) Senior Vice President, Office of Chief
                                                except for the authority to waive HUD                   the Government National Mortgage
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                                                                                                                                                                    Financial Officer;
                                                regulations. The authority to waive HUD                 Association (Ginnie Mae). This Order of                (8) Senior Vice President, Office of
                                                regulations is reserved for the Ginnie                  Succession supersedes all prior Orders                      Enterprise Data and Technology
                                                Mae President, pursuant to the                          of Succession for Ginnie Mae.                               Solutions;
                                                Department of Housing and Urban                         DATES: Applicability Date: December 19,                (9) Senior Vice President, Office of
                                                Development Act (42 U.S.C. 3535(q)),                    2017.                                                       Management Operations.
                                                and may not be redelegated. However, if                 FOR FURTHER INFORMATION CONTACT:                         These officials shall perform the
                                                the Ginnie Mae President is absent from                 Senior Vice President and Chief Risk                   functions and duties of the Office in the


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                                                2662                         Federal Register / Vol. 83, No. 12 / Thursday, January 18, 2018 / Notices

                                                order specified herein, and no official                 information for individuals who can                    in calculating your operation and
                                                shall serve unless all the other officials,             give further information about the                     maintenance assessment.
                                                whose position titles precede his/hers in               irrigation projects covered by this                       Operation and maintenance (O&M)
                                                this order, are unable to act by reason                 notice. The second table provides the                  assessment means the periodic charge
                                                of absence, disability, or vacancy in                   proposed rates for calendar year (CY)                  you must pay us to reimburse costs of
                                                office.                                                 2018 and CY 2019.                                      administering, operating, maintaining,
                                                                                                                                                               and rehabilitating irrigation projects
                                                Section B. Authority Superseded                         What is the meaning of the key terms                   consistent with this notice and our
                                                  This Order of Succession supersedes                   used in this notice?                                   supporting policies, manuals, and
                                                the prior Orders of Succession for the                      In this notice:                                    handbooks.
                                                President of Ginnie Mae.                                    Administrative costs mean all costs                   Operation or operating costs means
                                                  Authority: Section 7(d), Department of                we incur to administer our irrigation                  costs we incur to operate our irrigation
                                                Housing and Urban Development Act (42                   projects at the local project level and are            projects and equipment and is a cost
                                                U.S.C. 3535(d)). Section 3.05, Bylaws of the            a cost factor included in calculating                  factor included in calculating your O&M
                                                Government National Mortgage Association,               your operation and maintenance                         assessment.
                                                as published in the Bylaws published at                 assessment. Costs incurred at the local                   Past due bill means a bill that has not
                                                www.ginniemae.gov.                                                                                             been paid by the close of business on
                                                                                                        project level do not normally include
                                                  Dated: December 19, 2017.                             agency, region, or central office costs                the 30th day after the due date as stated
                                                Benjamin S. Carson, Sr.,                                unless we state otherwise in writing.                  on the bill. Beginning on the 31st day
                                                Secretary.                                                  Assessable acre means lands                        after the due date, we begin assessing
                                                [FR Doc. 2018–00796 Filed 1–17–18; 8:45 am]             designated by us to be served by one of                additional charges accruing from the
                                                BILLING CODE 4210–67–P                                  our irrigation projects, for which we                  due date.
                                                                                                        collect assessments in order to recover                   Rehabilitation costs means costs we
                                                                                                        costs for the provision of irrigation                  incur to restore our irrigation projects or
                                                                                                        service. (See total assessable acres.)                 features to original operating condition
                                                DEPARTMENT OF THE INTERIOR
                                                                                                            BIA means the Bureau of Indian                     or to the nearest state which can be
                                                Bureau of Indian Affairs                                Affairs.                                               achieved using current technology and
                                                                                                            Bill means our statement to you of the             is a cost factor included in calculating
                                                [189A2100DD/AAKC001030/                                                                                        your O&M assessment.
                                                A0A501010.999900]                                       assessment charges and/or fees you owe
                                                                                                        the United States for administration,                     Responsible party means an
                                                                                                        operation, maintenance, and/or                         individual or entity that owns or leases
                                                Rate Adjustments for Indian Irrigation
                                                                                                        rehabilitation. The date we mail or                    land within the assessable acreage of
                                                Projects
                                                                                                        hand-deliver your bill will be stated on               one of our irrigation projects and is
                                                AGENCY:   Bureau of Indian Affairs,                     it.                                                    responsible for providing accurate
                                                Interior.                                                   Costs mean the costs we incur for                  information to our billing office and
                                                ACTION: Notice.                                         administration, operation, maintenance,                paying a bill for an annual irrigation rate
                                                                                                        and rehabilitation to provide direct                   assessment.
                                                SUMMARY:   The Bureau of Indian Affairs                                                                           Total assessable acres means the total
                                                (BIA) owns or has an interest in                        support or benefit to an irrigation
                                                                                                        facility. (See administrative costs,                   acres served by one of our irrigation
                                                irrigation projects located on or                                                                              projects.
                                                associated with various Indian                          operation costs, maintenance costs, and
                                                                                                        rehabilitation costs).                                    Water delivery is an activity that is
                                                reservations throughout the United                                                                             part of the irrigation service we provide
                                                States. We are required to establish                        Customer means any person or entity
                                                                                                        to whom or to which we provide                         our customers when water is available.
                                                irrigation assessment rates to recover the                                                                        We, us, and our mean the United
                                                costs to administer, operate, maintain,                 irrigation service.
                                                                                                                                                               States Government, the Secretary of the
                                                and rehabilitate these projects. We                         Due date is the date on which your
                                                                                                                                                               Interior, the BIA, and all who are
                                                request your comments on the proposed                   bill is due and payable. This date will
                                                                                                                                                               authorized to represent us in matters
                                                rate adjustments.                                       be stated on your bill.
                                                                                                                                                               covered under this notice.
                                                                                                            I, me, my, you and your mean all
                                                DATES: Interested parties may submit
                                                                                                        persons or entities that are affected by               Does this notice affect me?
                                                comments on the proposed rate
                                                                                                        this notice.                                             This notice affects you if you own or
                                                adjustments on or before March 19,
                                                                                                            Irrigation project means a facility or             lease land within the assessable acreage
                                                2018.
                                                                                                        portion thereof for the delivery,                      of one of our irrigation projects or if you
                                                ADDRESSES: All comments on the                          diversion, and storage of irrigation water             have a carriage agreement with one of
                                                proposed rate adjustments must be in                    that we own or have an interest in,                    our irrigation projects.
                                                writing and addressed to: Ms. Yulan Jin,                including all appurtenant works. The
                                                Chief, Division of Water and Power,                     term ‘‘irrigation project’’ is used                    Where can I get information on the
                                                Office of Trust Services, Mail Stop                     interchangeably with irrigation facility,              regulatory and legal citations in this
                                                4637–MIB, 1849 C Street NW,                             irrigation system, and irrigation area.                notice?
                                                Washington, DC 20240, Telephone (202)                       Irrigation service means the full range               You can contact the appropriate
                                                219–0941.                                               of services we provide customers of our                office(s) stated in the tables for the
                                                FOR FURTHER INFORMATION CONTACT: For                    irrigation projects. This includes our
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                                                                                                                                                               irrigation project that serves you, or you
                                                details about a particular irrigation                   activities to administer, operate,                     can use the internet site for the
                                                project, please use the tables in                       maintain, and rehabilitate our projects                Government Printing Office at http://
                                                SUPPLEMENTARY INFORMATION section to                    in order to deliver water.                             www.gpo.gov.
                                                contact the regional or local office                        Maintenance costs means costs we
                                                where the project is located.                           incur to maintain and repair our                       Why are you publishing this notice?
                                                SUPPLEMENTARY INFORMATION: The first                    irrigation projects and associated                       We are publishing this notice to
                                                table in this notice provides contact                   equipment and is a cost factor included                inform you that we propose to adjust


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Document Created: 2018-01-18 00:42:14
Document Modified: 2018-01-18 00:42:14
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 of order of succession.
DatesApplicability Date: December 19, 2017.
ContactSenior Vice President and Chief Risk Officer, Office of Enterprise Risk, Government National Mortgage Association, Department of Housing and Urban Development, Capital View, 425 3rd Street SW, Washington, DC 20024; telephone number (202) 475- 4918. (This is not a toll-free number). Persons with hearing- or speech-impairments may access this number though TTY by calling the toll-free Federal Relay Service at 1-800-877-8339.
FR Citation83 FR 2661 

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