[Federal Register Volume 68, Number 135 (Tuesday, July 15, 2003)]
[Notices]
[Page 41840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-17768]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4837-D-13]


Delegation of Authority to the President of the Government 
National Mortgage Association

AGENCY: Office of the Secretary, HUD.

ACTION: Notice of delegation of authority.

-----------------------------------------------------------------------

SUMMARY: The Secretary of HUD is delegating to the President, 
Government National Mortgage Association (Ginnie Mae), all authority of 
the Secretary with respect to management of Ginnie Mae and Ginnie Mae's 
programs, pursuant to Title III of the National Housing Act.

EFFECTIVE DATE: June 30, 2003.

FOR FURTHER INFORMATION CONTACT: Cheryl Owens, Government National 
Mortgage Association, Room 6286, Department of Housing and Urban 
Development, 451 Seventh Street, SW., Washington, DC 20410-9000; 
telephone (202) 708-2648 (this is not a toll-free number). Speech- or 
hearing-impaired individuals may access this number through TTY by 
calling the toll-free Federal Information Relay Service at 1-800-877-
8339.

SUPPLEMENTARY INFORMATION: The Secretary is in the process of updating 
delegations issued to officials within the Department, including the 
President of Ginnie Mae, which is a wholly-owned government corporation 
within the Department, pursuant to 42 U.S.C. 3534(b). In this 
delegation of authority, the Secretary delegates to the President of 
Ginnie Mae all authority of the Secretary with respect to management of 
Ginnie Mae and Ginnie Mae's programs, pursuant to Title III of the 
National Housing Act, 12 U.S.C. 1716 et seq. In this document the 
Secretary retains authority under this statute and also delegates this 
authority to the President of Ginnie Mae.
    Accordingly, the Secretary delegates authority as follows:

Section A. Authority Delegated

    The President of Ginnie Mae is delegated the authority of the 
Secretary with respect to management of Ginnie Mae and Ginnie Mae's 
programs, pursuant to Title III of the National Housing Act, 12 U.S.C. 
1716 et seq.

Section B. Authority To Redelegate

    The authority delegated in this document may be redelegated by the 
President of Ginnie Mae in writing to officials in Ginnie Mae except 
the authority to issue and waive regulations.

Section C. Authority Excepted

    The authority delegated in this document does not include the 
authority to sue and be sued.

    Authority: Section 7(d), Department of Housing and Urban 
Development Act, 42 U.S.C. 3535(d).

    Dated: June 30, 2003.
Mel Martinez,
Secretary.
[FR Doc. 03-17768 Filed 7-14-03; 8:45 am]
BILLING CODE 4210-66-P