[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]
=======================================================================
-----------------------------------------------------------------------
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.
-----------------------------------------------------------------------
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