95-27673. Privacy Act of 1974; Proposed Amendment to System of Records

[Federal Register Volume 60, Number 217 (Thursday, November 9, 1995)]
[Notices]
[Pages 56609-56610]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-27673]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Secretary
[Docket No. FR-3918-N-06]


Privacy Act of 1974; Proposed Amendment to System of Records

AGENCY: Department of Housing and Urban Development (HUD).
ACTION: Notification of proposed amendment to one of the existing 
system of records.

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SUMMARY: Pursuant to the provisions of the Privacy Act of 1974, 5 
U.S.C. 552a, the Department of Housing and Urban Development is giving 
notice that it intends to amend the Privacy Act's Single Family Case 
Files (HUD/Dept-46) system of records.
EFFECTIVE DATE: This amendment will be effective without further notice 
on December 11, 1995, unless comments are received that would result in 
a contrary determination.
ADDRESSES: Interested persons are invited to submit comments regarding 
the proposed amendment to the Rules Docket Clerk, Office of General 
Counsel, 451 Seventh Street, SW., Washington, DC 20410-0500. 
Communications should refer to the above docket number and title. 
Facsimile (FAX) comments are not acceptable. A copy of each 
communication submitted will be available for public inspection and 
copying between 7:30 a.m. and 5:30 p.m. weekdays at the above address.
FOR FURTHER INFORMATION CONTACT:
Jeanette Smith, Departmental Privacy Act Officer, at [phone]. 
This is not a toll-free number.
SUPPLEMENTARY INFORMATION: HUD/Dept-46 is being amended to allow the 
release of mortgage origination and default/claim information to 
financial institutions and computer software companies for the purpose 
of conducting automated underwriting,

[[Page 56610]]

credit scoring, and other risk management evaluation studies. The new 
routine use will read as follows: To financial institutions and 
computer software companies--for automated underwriting, credit scoring 
and other risk management evaluation studies.
    The amended portion of the system notice is set forth below. 
Previously, the system and a prefatory statement containing the general 
routine uses applicable to all HUD systems of records was published in 
the ``Federal Register Privacy Act Issuances, 1993.''
    Title 5 U.S.C. 552a(e) (4) and (11) provide that the public be 
afforded a 30-day period in which to comment on the new record system.
    The system report, as required by 5 U.S.C. 552a(r), has been 
submitted to the Committee on Governmental Affairs of the United States 
Senate; the Committee on Government Reform and Oversight of the House 
of Representatives, and the Office of Management and Budget (OMB), 
pursuant to paragraph 4c of Appendix I to OMB Circular A-130, ``Federal 
Agency Responsibilities for Maintaining Records about Individuals'' 
dated June 25, 1993 (58 36075, July 2, 1993).

    Authority: 5 U.S.C. 552a; 88 Stat. 1986; sec. 7(d), Department 
of HUD Act (42 U.S.C. 3535(d)).

    Issued at Washington, DC, November 1, 1995.
Steven M. Yohai,
Acting Director, Office of Information Policies and Systems.
HUD/DEPT-46
    Single Family Case Files.
    See Routine uses paragraphs or prefatory statement. Other routine 
uses include:
    a. To welfare agencies for fraud investigation.
    b. To the Department of Veterans Affairs for coordination with HUD 
in processing construction complaints.
    c. To Congressional delegations to provide information concerning 
status of complaints.
    d. Complainants and attorneys representing them for review of 
complainant file for status and other information.
    e. Builders and attorneys representing them to review complainant 
files for status information.
    f. To holders of subordinate or junior mortgages to determine the 
outstanding balance due to HUD on a Secretary-held mortgage.
    g. To financial institutions and computer software companies for 
automated underwriting, credit scoring and other risk management 
evaluation studies.

[FR Doc. 95-27673 Filed 11-8-95; 8:45 am]
BILLING CODE 4210-01-M