[Federal Register Volume 75, Number 127 (Friday, July 2, 2010)]
[Notices]
[Pages 38608-38609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-16162]


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DEPARTMENT OF THE TREASURY


Departmental Offices: Privacy Act of 1974, as Amended

AGENCY: Departmental Offices, Treasury.

ACTION: Notice of Alteration of Privacy Act System of Records for the 
Home Affordable Modification Program.

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SUMMARY: The U.S. Department of the Treasury gives notice of a proposed 
alteration to the system of records entitled ``Home Affordable 
Modification Program--Treasury/DO.'' The system was last published in 
its entirety in the Federal Register on April 20, 2010, at 75 FR 20699.

DATES: Comments should be received no later than July 2, 2010. The 
proposed routine use will be effective August 11, 2010 unless the 
Department receives comments that would result in a contrary 
determination.

ADDRESSES: Comments should be sent to the Deputy Assistant Secretary 
Fiscal Operations and Policy, Department of the Treasury, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220. The Department will 
make such comments available for public inspection and copying in the 
Department's Library, Room 1428, Main Treasury Building, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220, on official business 
days between the hours of 10 a.m. and 5 p.m. Eastern Time. You can make 
an appointment to inspect comments by telephoning (202) 622-0990 (this 
is not a toll-free number). All comments, including attachments and 
other supporting materials, received are part of the public record and 
subject to public disclosure. You should submit only information that 
you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Theodore R. Kowalsky, Manager, Data & 
Information Technology, Office of Financial Agents, Department of the 
Treasury, 1500 Pennsylvania Avenue, NW., Washington, DC 20220, at 202-
927-9445 (not a toll free number) or at [email protected].

SUPPLEMENTARY INFORMATION: The Department established the Home 
Affordable Modification Program (HAMP), pursuant to the Emergency 
Economic Stabilization Act of 2008 (Pub. L. 110-343) (the ``EESA''), to 
enable eligible homeowners who have a record of making timely mortgage 
payments, but are experiencing hardships in doing so, to modify the 
principal amounts and interest rates of their mortgage loans. The 
purpose of this alteration to Routine Use (13) is to increase the 
number of Federal entities to whom information may be disclosed under 
the routine use by adding the Department of Justice (``DOJ'') and the 
Federal financial regulators who supervise and regulate financial 
institutions that participate in or receive certain benefits from HAMP, 
or who evaluate programs of similar design.
    Additionally, the Bank of New York Mellon (``BNYM'') has been 
designated as another Financial Agent for the Home Affordable 
Modification Program (``HAMP'') and its facilities in Nashville, TN, 
and Somerset, NJ are being added under the heading ``System Location.'' 
The system of records notice was last published in its entirety on 
April 20, 2010, at 75 FR 20699.
    The report of an altered system of records, as required by 5 U.S.C. 
552a(r) of the Privacy Act, has been provided to the Committee on 
Oversight and Government Reform of the House of Representatives, the 
Committee on Homeland Security and Governmental Affairs of the Senate, 
and the Office of Management and Budget.
    For the reasons set forth in this preamble, the Department proposes 
to alter system of records Treasury/DO .218, entitled ``Home Affordable 
Modification Program,'' as follows:
TREASURY/DO .218

 System name:
    Home Affordable Modification Program Records--Treasury/DO.

System Location:
    Description of change. Remove the current entry and in its place 
add the following: ``The Office of Financial Stability, Department of 
the Treasury, Washington, DC. Other facilities that maintain this 
system of records are located in: Urbana, MD, Dallas, TX, and a backup 
facility located in Reston, VA, all belonging to the Federal National 
Mortgage Association (``Fannie Mae''); in McLean, VA, Herndon, VA, 
Reston, VA, Richardson, TX, and Denver, CO, facilities operated by or 
on behalf of the Federal Home Loan Mortgage Corporation (``Freddie 
Mac''); and facilities operated by or on behalf of the Bank of New York 
Mellon (``BNYM'') in Nashville, TN, and a backup facility located in 
Somerset, NJ. Fannie Mae, Freddie Mac and Bank of New York Mellon have 
been designated as Financial Agents for the Home Affordable 
Modification Program (``HAMP'').''
* * * * *

Routine uses of records maintained in the system, including categories 
of users and the purposes of such uses:
* * * * *
    Description of changes: The phrase ``the Federal financial 
regulators, the U.S. Department of Justice (DOJ),'' is added to Routine 
Use (13) between the phrases ``Department of Housing & Urban 
Development,'' and ``and the Federal Housing.'' In addition, the phrase 
``to ensure compliance with HAMP and other laws,'' is added between the 
words ``HAMP'' and ``and to report'' such that Routine Use (13) is 
revised to read as follows:
    ``(13) Disclose information and statistics to the Department of 
Housing & Urban Development, Federal financial regulators, the U.S. 
Department of Justice (``DOJ''), and the Federal Housing Finance Agency 
to improve the quality of services provided under HAMP, to ensure 
compliance with HAMP and other laws, and to report on the program's 
overall execution and progress;''
* * * * *


[[Page 38609]]


    Dated: June 21, 2010.
Melissa Hartman,
Acting Deputy Assistant Secretary for Privacy, Transparency, and 
Records.
[FR Doc. 2010-16162 Filed 7-1-10; 8:45 am]
BILLING CODE 4810-25-P