[Federal Register Volume 76, Number 168 (Tuesday, August 30, 2011)]
[Notices]
[Pages 53937-53938]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-22176]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5538-D-02]


Order of Succession for Government National Mortgage Association 
(GNMA)

AGENCY: Office of the President of the Government National Mortgage 
Association, HUD.

ACTION: Notice of Order of Succession.

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SUMMARY: In this notice, the President of the Government National 
Mortgage Association (GNMA) designates the Order of Succession for 
GNMA. This Order of Succession supersedes all prior Orders of 
Succession for GNMA.

DATES: Effective Date: August 19, 2011.

FOR FURTHER INFORMATION CONTACT: Gregory A. Keith, Senior Vice 
President, Chief Risk Officer, Government National Mortgage 
Association, Department of Housing and Urban Development, Potomac 
Center South, 550 12th Street, SW., 3rd Floor, Washington, DC 20024, 
telephone number 202-475-4918 (this is not a toll-free number). Persons 
with hearing- or speech-impairments may access this number though TTY 
by calling the toll-free Federal Relay Service at 1-800-877-8339.

SUPPLEMENTARY INFORMATION: The President of GNMA hereby issues this 
Order of Succession pursuant to the bylaws of GNMA, which authorize the 
President to designate the sequence in which other officers of GNMA 
shall act. The officers designated below shall perform the duties and 
exercise the power and authority of the President when the President is 
absent, or unable to act, or when there is a vacancy in the Office of 
the President of GNMA. This Order of Succession is subject to the 
provisions of the Federal Vacancies Reform Act of 1998 (5 U.S.C. 3345-
3349d) and the bylaws of the GNMA, 24 CFR part 310. Accordingly, the 
President of GNMA designates the following Order of Succession:

[[Page 53938]]

Section A. Order of Succession

    Subject to the provisions of the Federal Vacancies Reform Act of 
1998 and the bylaws of GNMA, during any period when, by reason of 
absence, disability, or vacancy in office, the President of GNMA is not 
available to exercise the powers or perform the duties of the 
President, the following officials within the Office of GNMA are hereby 
designated to exercise the powers and perform the duties of the Office, 
including the authority to waive regulations:
    (1) Executive Vice President;
    (2) Senior Vice President, Office of Program Operations;
    (3) Senior Vice President, Office of Finance;
    (4) Senior Vice President, Office of Mortgage Backed Securities;
    (5) Senior Vice President, Office of Capital Markets;
    (6) Senior Vice President, Office of Enterprise Risk;
    (7) Vice President, Chief Information Officer; and
    (8) Vice President, Deputy Director, Office of Management 
Operations.
    These officials shall perform the functions and duties of the 
Office in the order specified herein, and no official shall serve 
unless all the other officials, whose position titles precede his/hers 
in this order, are unable to act by reason of absence, disability, or 
vacancy in office.

Section B. Authority Superseded

    This Order of Succession supersedes all prior Orders of Succession 
for the President of GNMA.

    Authority:  Section 7(d), Department of Housing and Urban 
Development Act (42 U.S.C. 3535(d)); Section 3.05, Bylaws of the 
Government National Mortgage Association, 24 CFR part 310.

    Dated: August 19, 2011.
Theodore W. Tozer,
President, Government National Mortgage Association.
[FR Doc. 2011-22176 Filed 8-29-11; 8:45 am]
BILLING CODE 4210-67-P