View Rule
| View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
| HUD/OH | RIN: 2502-AI14 | Publication ID: Spring 2006 |
| Title: Accelerated Claims and Asset Disposition Program (FR-4887) | |
| Abstract: This notice solicits comments on HUDs Accelerated Claim and Asset Disposition Demonstration (ACD) program before the Department proceeds to issue a proposed rule to codify the requirements for the ACD program, making it a permanent part of HUDs single family mortgage insurance programs. Under the ACD program, HUD will pay claims upon assignment of certain defaulted mortgage loans (assets) insured by the Federal Housing Administration (FHA). The purpose of the ACD program is to assist FHA to maximize the recovery on assets sold by HUD. HUD seeks comments on the ACD Demonstration and recommendations for cost-effective, efficient improvements and alternatives. | |
| Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 24 CFR 203 24 CFR 291 | |
| Legal Authority: 12 USC 1701 et seq 42 USC 1441 42 USC 1441a 42 USC 1551a 42 USC 3535(d) | |
|
Legal Deadline:
None |
||||||
Timetable:
|
| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
|
Agency Contact: Kathleen Malone Director, Asset Sales Staff, Office of Finance and Budget Department of Housing and Urban Development Office of Housing Phone:202 402-3570 |
|
An official website of the United States government




