[Federal Register Volume 86, Number 9 (Thursday, January 14, 2021)]
[Notices]
[Page 3173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-00693]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6238-D-02]


Order of Succession for Government National Mortgage Association 
(Ginnie Mae)

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 Secretary of Housing and Urban Development 
designates the Order of Succession for the Government National Mortgage 
Association (Ginnie Mae). This Order of Succession supersedes all prior 
Orders of Succession for Ginnie Mae, including the Order of Succession 
published in the Federal Register on January 18, 2018.

DATES: Applicability Date: January 11, 2021.

FOR FURTHER INFORMATION CONTACT: Senior Vice President and Chief Risk 
Officer, Office of Enterprise Risk, Government National Mortgage 
Association, Department of Housing and Urban Development, Capitol View, 
425 3rd Street, SW, 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 Secretary of Housing and Urban 
Development hereby issues this Order of Succession pursuant to the 
bylaws of Ginnie Mae which authorize the Secretary of Housing and Urban 
Development or the Ginnie Mae President to designate the sequence in 
which other officers of Ginnie Mae shall act. The officers designated 
below shall perform the duties and exercise the power and authority of 
the Ginnie Mae President, when the Ginnie Mae President is absent or 
unable to act, or when there is a vacancy in the Office of the 
President of Ginnie Mae. 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 Government National Mortgage Association, 
as published at www.ginniemae.gov. Accordingly, the Secretary of 
Housing and Urban Development designates the following Order of 
Succession:

Section A. Order of Succession

    Subject to the provisions of the Federal Vacancies Reform Act of 
1998 and the bylaws of Ginnie Mae, during any period when, by reason of 
absence, disability, or vacancy in office, the Ginnie Mae President is 
not available to exercise the powers or perform the duties of the 
Ginnie Mae President, the following officials within Ginnie Mae are 
hereby designated to exercise the powers and perform the duties of the 
Office. No individual who is serving in an office listed below in an 
acting capacity shall act as the Ginnie Mae President pursuant to this 
Order of Succession.

(1) Principal Executive Vice President;
(2) Executive Vice President and Chief Operating Officer;
(3) Executive Vice President of Policy;
(4) Senior Vice President, Strategic Planning and Policy, Office of the 
President
(5) Senior Vice President and Chief Risk Officer, Office of Enterprise 
Risk;
(6) Senior Vice President, Office of Issuer and Portfolio Management;
(7) Senior Vice President, Office of Capital Markets;
(8) Senior Vice President, Office of Securities Operations;
(9) Senior Vice President and Chief Financial Officer, Office of Chief 
Financial Officer;
(10) Senior Vice President, Office of Enterprise Data and Technology 
Solutions;
(11) Senior Vice President, Office of Management Operations; and
(12) Director of Program Administration, Office of Securities 
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 the prior Orders of Succession 
for the Ginnie Mae President, including the Order of Succession 
published in the Federal Register on January 18, 2018 at 83 FR 2661.

    Authority: Section 7(d), Department of Housing and Urban 
Development Act (42 U.S.C. 3535(d)); Bylaws of the Government 
National Mortgage Association, posted at www.ginniemae.gov.

Benjamin S. Carson, Sr.,
Secretary.
[FR Doc. 2021-00693 Filed 1-13-21; 8:45 am]
BILLING CODE 4210-67-P