[Federal Register Volume 59, Number 214 (Monday, November 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-27530]
[[Page Unknown]]
[Federal Register: November 7, 1994]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Assistant Secretary for Housing-Federal Housing
Commissioner
[Docket No. D-94-1078; FR-3812-D-01]
Redelegation and Designation of Authority
agency: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner.
action: Notice of redelegation an designation of authority.
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summary: This notice redelegates authority from the Assistant Secretary
for Housing--Federal Housing Commissioner to the Associate Deputy
Assistant Secretary for Single Family Housing, who retains and
redelegates this authority to the Director, Officer of Insured Single
Family Housing, who retains and redelegates it to the Deputy Director,
Office of Insured Single Family Housing, who retains and redelegates it
to the Director, Single Family Servicing Division, who retains and
redelegates it to O. Thomas Miles, William C. Ingleton, Richard E.
Harrington, Mary Louis Hinchey, and James Sorrentino. Each of the named
positions and individuals is redelegated the authority to sign limited
powers of attorney whereby, in each case, they grant on behalf of the
Department of Housing and Urban Development (HUD), to a specified
party, the power and authority to carry out certain functions on behalf
of HUD pertaining to the sale and assignment of a mortgage by HUD.
effective date: October 26, 1994.
for further information contact: Joseph C. Bates, U.S. Department of
Housing and Urban Development, 451 7th Street, SW, room 9178,
Washington, DC 20410, telephone (202) 708-3680. A telecommunications
device for the hearing-impaired (TDD) is available at 202-708-4594.
[These are not toll-free numbers.]
supplementary information: On occasion, HUD sells Secretary-held single
family mortgages that it has acquired pursuant to various statutes and
regulations. When a mortgage is sold by HUD, the mortgage must be
assigned to the purchaser and the assignment must be recorded in one of
the approximately 650 jurisdictions throughout the country where the
sale has taken place. In addition, there are other responsibilities
which must be carried out on behalf of HUD. HUD needs assistance in
carrying out these functions incident to each mortgage sale. To obtain
such assistance, HUD provides individuals, corporations and other
entities throughout the country with limited powers of attorney so that
they may execute and record each assignment on behalf of HUD, and
engage in other responsibilities as specified.
Accordingly, the Assistant Secretary for Housing--Federal Housing
Commissioner redelegates authority as follows:
Section A. Authority Redelegated
The Associate Deputy Assistant Secretary for Single Family Housing
is redelegated the power and authority to grant in writing to
individuals, corporations or other entities the limited power of
attorney to act on HUD's behalf, in signing documents and carrying out
other duties as described in the limited power of attorney, relating to
the sale of Secretary-held single family mortgages from HUD to those
person(s) or other entities listed in the limited power of attorney.
The Associate Deputy Assistant Secretary for Single Family Housing
retains this power and authority, and redelegates it to the director,
Office of Insured Single Family Housing, who retains and redelegates it
to the Deputy Director, Office of Insured Single Family Housing, who
retains and redelegates it to the Director, Single Family Servicing
Division, who retains and redelegates it to O. Thomas Miles, William C.
Ingleton, Richard E. Harrington, Mary Louis Hinchey, and James
Sorrentino.
Section B. No Authority To Redelegate
The authority granted pursuant to Section A., above, may not be
further redelegated pursuant to this redelegation.
Authority: Sec. 7(d), Department of Housing and Urban
Development Act [42 U.S.C. 3535(d)].
Dated: October 26, 1994.
Nicolas P. Retsinas,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 94-27530 Filed 11-4-94; 8:45 am]
BILLING CODE 4210-27-M
