[Federal Register Volume 75, Number 145 (Thursday, July 29, 2010)]
[Notices]
[Pages 44803-44804]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-18548]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5386-N-07]
Privacy Act of 1974; Notice of a New Privacy Act System of
Records (SORN), Ginnie Mae Master Subservicer System
AGENCY: Office of the Chief Information Officer, HUD.
ACTION: Notice of a New Privacy Act SORN.
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SUMMARY: The Department proposes to establish a new Privacy Act SORN
subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended. The
Ginne Mae Master Subservicer System will be used to perform a wide
range of loan servicing functions required to process transactions
relating to the servicing of home and project loans on behalf of Ginnie
Mae. These services include, but are not limited to, servicing current,
delinquent and defaulted loans, both pooled and non-pooled, including
foreclosure services, management and disposition of acquired properties
(Real Estate Owned).
DATES: Effective Date: This action shall be effective without further
notice on August 30, 2010 unless comments are received that would
result in a contrary determination.
Comments Due By: August 30, 2010.
ADDRESSES: Interested persons are invited to submit comments regarding
this notice to the Rules Docket Clerk, Office of General Counsel, Room
10276, Department of Housing and Urban Development, 451 Seventh Street,
SW., Washington, DC 20410. Communications should refer to the above
docket number and title. A copy of each communication submitted will be
available for public inspection and copying between 8 a.m. and 5 p.m.
weekdays at the above address.
FOR FURTHER INFORMATION CONTACT: For Privacy Act related questions
contact Donna Robinson-Staton, Departmental Privacy Officer, Department
of Housing and Urban Development, 451 Seventh Street, SW., Room 2256,
Washington, DC 20410, Telephone Number (202) 402-8073. (This is not a
toll-free number.) A telecommunication device for hearing- and speech-
impaired individuals (TTY) is available at 1-800-877-8339 (Federal
Information Relay Service).
SUPPLEMENTARY INFORMATION: Pursuant to the Privacy Act of 1974 (5
U.S.C. 552a), as amended, notice is given of a new system of records,
Ginnie Mae Master Subservicer System. Title 5 U.S.C. 552a(e)(4) and
(11) provide that the public be afforded a 30-day period in which to
comment on the new system of records, and require published notice of
the existence and character of the system of records. The new system
report was submitted to the Office of Management and Budget (OMB), the
Committee on Homeland Security and Governmental Affairs of the Senate,
and the House Committee on Oversight and Government Reform of the House
of Representatives pursuant to paragraph 4c of Appendix 1 to OMB
Circular No. A-130, ``Federal Agency Responsibilities for Maintaining
Records About Individuals,'' July 25, 1994; 59 FR 37914.
Authority: Sec. 306(g), National Housing Act, 12 U.S.C.
1721(g).
Dated: July 15, 2010.
Jerry E. Williams,
Chief Information Officer.
HUD/GNMA-02
System Name:
Ginnie Mae Master Subservicer System.
System Location:
Individual borrowers' and co-borrowers' data relating to mortgage
loans pooled in or formerly pooled in Ginnie Mae Mortgage-Backed
Securities are located at their respective Ginnie Mae Master
Subservicer.
Categories of individuals covered by the system:
Borrowers and co-borrowers.
Categories of records in the System:
May include but are not limited to: Borrower's name, co-borrowers'
name(s), social security number, date of birth, property address,
telephone number, email address, and income and other financial data;
also, the Federal Housing Administration (FHA), Department of Veterans
Affairs (VA), Department of Agriculture Rural Housing Service (RHS), or
HUD Office of Public and Indian Housing (PIH) loan number.
Authority for maintenance of the system:
Sec. 306(g), National Housing Act, 12 U.S.C. 1721(g).
Purposes:
The information is used to perform a wide range of loan servicing
functions. The data are maintained in a comprehensive loan servicing
system that processes transactions relating to the servicing of home
and project loans on behalf of Ginnie Mae.
Routine uses of records maintained in the system, including categories
of users and the purposes of such uses:
In addition to those disclosures generally permitted under 5 U.S.C.
552a(b) of the Privacy Act, other routine uses are as follows:
(a) To the U.S. Treasury--for disbursements, adjustments,
collection services; and
(b) To the Internal Revenue Service and to state and local
governments--for reporting payments for mortgage interest, for
reporting of discharge indebtedness and real estate taxes; and
(c) To the U.S. Department of Justice, courts, Federal, state and
local government agencies in conjunction with civil, administrative and
criminal litigation as well as investigations and audits; and
(d) To individuals and entities under contract, cooperative
agreement, or
[[Page 44804]]
working agreement with HUD to assist the Department in fulfilling its
statutory and management responsibilities; and
(e) To credit bureaus and other entities for credit reporting
purposes; and
(f) To employers to effect wage garnishment; and
(g) To third party purchasers or potential purchasers in connection
with asset sale transactions; and
Additional Disclosure for Purposes of Facilitating Responses and
Remediation Efforts in the Event of a Data Breach. A record from a
system of records maintained by this Department may be disclosed to
appropriate agencies, entities, and persons when:
(a) The Department suspects or has confirmed that the security or
confidentiality of information in the system of records has been
compromised; and
(b) The Department has determined that as a result of the suspected
or confirmed compromise there is a risk of harm to economic or property
interests, identity theft or fraud, or harm to the security or
integrity of this system or other systems or programs (whether
maintained by the HUD or another agency or entity) that rely upon the
compromised information; and
(c) The disclosure made to such agencies, entities, and persons is
reasonably necessary to assist in connection with the HUD's efforts to
respond to the suspected or confirmed compromise and prevent, minimize,
or remedy such harm.
Policies and practices for storing, retrieving, accessing, retaining,
and disposing of records in the system:
Storage:
Electronic files are stored on servers and back-up files are stored
on tapes. Servers are stored in a secured server room and at an offsite
secured facility for disaster contingency. The original collateral
documents (hard copy) are stored securely at the contractors' offices
or at a secured offsite document storage facility.
Retrievability:
Information can be retrieved by borrower's name, social security
number, property address, or by FHA, VA, Department of Agriculture RHS,
and PIH Master Subservicer's loan numbers.
Safeguards:
Electronic records are maintained in a secured computer network
behind a firewall. Access to records is limited to authorized
personnel.
Retention and disposal:
Are in accordance with HUD Records Disposition Schedule 2225.6,
Appendix 20.
System Manager(s) and address:
The offices of various contractors servicing as Master Subservicers
for Ginnie Mae, Office of Mortgage-Backed Securities. Individual
borrowers and co-borrowers are to contact the appropriate Master
Subservicer identified on their loan payment statements when requesting
record access, corrections, monthly mortgage loan payment instructions
and/or inquiries.
Record Access and Notification Procedures:
The Department's rules for providing access to records to the
individual concerned appear in 24 CFR part 16. If additional
information or assistance is required, individual borrowers and co-
borrowers are to contact the System Manager identified above.
Contesting Record Procedures:
The procedures for requesting amendment or correction of records
appear in 24 CFR part 16. If additional information is needed, contact:
(i) In relation to contesting contents of records, the Departmental
Privacy Officer at HUD, 451 Seventh Street, SW., Room 2256, Washington,
DC 20410; and
(ii) In relation to appeals of initial denials, HUD, Departmental
Privacy Appeals Officer, Office of General Counsel, 451 Seventh Street,
SW., Washington, DC 20410.
Record Source Categories:
Records are established using information received from borrowers
and from legal instruments related to borrowers' loans (i.e.,
mortgages, notes, and deeds).
Exemptions:
None.
[FR Doc. 2010-18548 Filed 7-28-10; 8:45 am]
BILLING CODE 4210-67-P