[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