(j) To make or cause to be made audits of mortgagees, and financial institutions and mortgagors participating in the insurance programs of the FHA and audits of the accounts and records of contractors and brokers, including onsite examination of fiscal records and accounts.

(k) To determine in connection with departmental activities, except those under section 2 of Title I of the National Housing Act, noncompliance with rules, regulations, and instructions of the Federal Housing Administration; to refer such cases to the Inspection Division, HUD, and to maintain liaison with the Division on the disposition made of such

cases.

(1) To approve for payment travel and other expenses incidental to the transfer of an employee to a new duty station, as provided in the Administrative Expenses Act.

(m) To authorize the issuance of Consolidated Travel Authorizations and the procurement of automobiles from the GSA Interagency Motor Pool, and to approve the use of Government owned or leased motor vehicles between the employee's residence and place of employment, in those cases in which it is determined that such use is necessary for the proper performance of the official duties of the employee involved, and the interests of the Government are best served.

[26 F.R. 7384, Aug. 12, 1961, as amended at 27 F.R. 7876, Aug. 9, 1962; 28 F.R. 3262, Apr. 4, 1963; 28 F.R. 9985, Sept. 14, 1963; 32 F.R. 3094, Feb. 21, 1967; 32 F.R. 11468, Aug. 9, 1967]

Director of Personnel and

§ 200.69 Deputy.

To the position of Director of Personnel and under his general supervision to the position of Deputy Director of Personnel there is delegated the following basic authority and functions:

(a) To be responsible for the development, establishment, and operation of a comprehensive personnel program, including employment, selection and placement, position classification, employee relations, training, and incentive awards.

(b) To make appointments, promotions, demotions, transfers and reassignments of personnel, and to remove or separate personnel; to fix the administrative workweek; to approve overtime

work, and to prescribe rules and regulations regarding overtime.

(c) To represent the Federal Housing Administration with the Civil Service Commission and with other government agencies and organizations with respect to personnel matters.

[26 F.R. 7384, Aug. 12, 1961, as amended at 32 F.R. 3094, Feb. 21, 1967]

§ 200.70 Director of the Budget Division and Deputy.

To the position of Director of the Budget Division and under his general supervision to the position of Deputy Director of the Budget Division there is delegated the following basic authority and functions:

(a) To direct all budget activities of the Federal Housing Administration and to represent the Federal Housing Administration in budget matters with the Bureau of the Budget and with other government agencies and organizations.

(b) To be responsible for the development and execution of the budget program, including the preparation of budget estimates and justification therefor; the preparation of requests for apportionment of funds and justification therefor; and the allotment of funds within the limits of appropriation acts, apportionments and other limitations. [26 F.R. 7385, Aug. 12, 1961]

§ 200.72 Director of the Management Division and Deputy.

To the position of Director of the Management Division and under his general supervision to the Deputy Director of the Management Division, and with respect to paragraphs (g), (h), and (i) of this section to the Chief of the Contracting Section there is delegated the following basic authority and functions:

(a) To direct comprehensive management engineering surveys of Washington and field operations and activities for the purpose of improving the efficiency, economy and effectiveness of operations and to develop specific recommendations for the accomplishment of these purposes.

(b) To assist in the development of the detailed plans and procedures for carrying out approved recommendations.

(c) To assist in, and to coordinate, the installation of approved recom

mendations.

(d) To evaluate the results of approved recommendations.

(e) To direct a comprehensive forms and records management program.

(f) To coordinate and maintain the FHA Manual, directives and other issuances and instructional material.

(g) To act for the Assistant SecretaryCommissioner in the following instances: (1) In approving the settlement of tort claims for and against the Assistant Secretary-Commissioner.

(2) In approving the settlement of claims not exceeding $6,500 made by employees for damage or loss of personal property occurring incident to performing Government service.

(3) In executing releases or other instruments required in connection with the settlement of claims under subparagraphs (1) and (2) of this paragraph.

(h) To execute or cause to be executed under his direction all contracts for goods and services for the repair, construction, improvement, removal, demolition or alteration, maintenance, and operation of acquired properties, including properties held by FHA as mortgagee in possession, and broker management services in connection with such properties, and the publication of notices and advertisements in newspapers, magazines, and periodicals.

(i) To execute contracts for credit reports.

(j) To approve for payment travel and other expenses incidental to the transfer of an employee to a new duty station, as provided in the Administrative Expenses Act.

(k) To authorize the issuance of Consolidated Travel Authorizations and the procurement of automobiles from the GSA Interagency Motor Pool, and to approve the use of Government owned or leased motor vehicles between the employee's residence and place of employment, in those cases in which it is determined that such use is necessary for the proper performance of the official duties of the employee involved, and the interests of the Government are best served. [26 F.R. 7384, Aug. 12, 1961, as amended at 32 F.R. 3094, Feb. 21, 1967; 32 F.R. 11468, Aug. 9, 1967]

$ 200.73 Director, Audit Division and Deputy.

To the position of Director, Audit Division, and under his general supervision to the position of Deputy Director, Audit Division, there is delegated the following basic authority and functions:

(a) To be responsible for a comprehensive audit of mortgagees and financial institutions, mortgagors, contractors, and brokers to provide the Assistant Secretary-Commissioner with continuing assurance of the soundness and integrity of operations, and conformity with applicable laws, regulations, policies, standards, and procedures.

(b) To be responsible for the recommendation of investigation and action by responsible authorities in cases of suspected violation of contract terms.

(c) To be responsible for the review and recommendation to the Assistant Commissioner for Home Mortgages of approval, disapproval, or cancellation of approval of financial institutions as approved mortgagees and of firms or individuals as authorized agents for approved mortgagees.

(d) To act with the Commissioner and under his direction in the determination of basic policy and be a member of the Executive Board.

[32 F.R. 3094, Feb. 21, 1967, as amended at 32 F.R. 5682, Apr. 7, 1967]

§ 200.77 Assistant Commissioner-Comptroller and Deputy.

To the position of Assistant Commissioner-Comptroller, and under his general supervision to the position of Deputy Assistant Commissioner-Comptroller, there is delegated the following basic authority and functions:

(a) To be responsible for coordination and general supervision of the Procedures Branch, the Financial Reports Branch, the Accounting Branch, the Insurance Branch, and the Fiscal Branch.

(b) To act with the Commissioner and under his direction in the determination of basic policy and be a member of the Executive Board.

(c) To devise and establish insurance fiscal servicing, accounting and fiscal procedures and to administer the fiscal policies and activities of FHA; and to provide or cause to be provided under his direction technical advice and guidance to all organizational elements of the FHA in the fields of accounting, insurance fiscal servicing and fiscal matters.

(d) To be responsible for the establishment and maintenance of appropriate accounting, fiscal and mortgage insurance controls and for the safeguarding of cash, notes, mortgages, negotiable instruments, checks, securities, debentures, contracts and properties.

(e) To develop and recommend policies, rules and procedures governing the settlement of Title I claims.

(f) To exercise the authority of the Commissioner in any instance which is subject to the approval of the Commissioner in connection with the settlement of claims under section 2 of Title I of the National Housing Act.

(g) To direct and supervise periodic portfolio examinations of institutions insured under the provisions of section 2 of Title I of the National Housing Act.

(h) (1) To submit to the Treasury Department authorizations for:

(1) Investment of moneys held in the various insurance funds, not needed for the current operations of the FHA, in bonds or other obligations of the United States, or in bonds or other obligations guaranteed as to principal and interest by the United States, and

(ii) The redemption or sale of investments in bonds or other obligations of the United States, or in bonds or other obligations guaranteed as to principal and interest by the United States, representing undisbursed mortgage proceeds relating to multifamily mortgages assigned to the Commissioner; and

(2) To recommend liquidation of investments and redemption of debentures, to execute assignments in connection with the redemption of debentures held for the account of the insurance funds of the FHA, and to maintain liaison with the Treasury Department in the execution of fiscal proposals.

(i) To certify financial statements, and to execute and submit or to cause to be executed and submitted under his direction to the Treasury Department and/or to the Bureau of the Budget inter-governmental financial reports required by applicable statutes or regulations of the Treasury Department or Bureau of the Budget.

(j) To designate certifying officers and to revoke such designation, to execute and submit to the Treasury Department necessary statements and schedules with respect thereto, and perform all functions pertaining to the bonding of FHA employees, pursuant to applicable statutes, regulations, and the standards and procedures of the Secretary of the Treasury thereunder.

(k) To submit or cause to be submitted under his direction to the Treasury Department (1) authorizations for (i) purchase of U.S. Government securities, pursuant to agreements between mort

gagors or other depositors and FHA and (ii) sale and disposition of U.S. Government securities purchased for mortgagors or other depositors, received as a result of assignment of insured mortgages or as a result of other agreements; (2) for safekeeping, U.S. Government securities deposited in accordance with mortgagor corporate charters, regulatory or special agreements; and (3) requests for withdrawal of U.S. Government securities.

(1) [Reserved]

(m) To develop and maintain or cause to be developed and maintained under his direction a program for the fiscal servicing of all Commissioner-held home and project mortgages; to execute or cause to be executed under his direction all vouchers for expenditures from mortgagor's escrow accounts, for payment of taxes on home and project properties where title is vested in the Commissioner and, with respect to home properties acquired by the Commissioner, vouchers for payment of excess proceeds to effect final settlement on certificates of claim; and to execute and receipt or cause to be executed and receipted under his direction applications and receipts for any payments received representing refunds of taxes or other payments made by the Commissioner in connection with property acquired by the Commissioner under the provisions of the National Housing Act.

(n) To keep or cause to be kept under his direction a seal of the Department of Housing and Urban Development; to certify as to delegations of authority by the Assistant Secretary-Commissioner, and as to the truth or accuracy of copies of original papers or documents in the possession of the FHA; to prepare and execute notarized affidavits for the use of U.S. Attorneys in presenting the fiscal status of Secretary-held mortgages at foreclosure trials; and to maintain the Archives files of FHA.

(0) To recommend (1) the terms and conditions under which FHA offers to sell purchase money mortgages and assigned mortgage notes to approved mortgagees, (2) upon approval of the recommendation makes offers for the sale of such mortgages and assigned notes, and (3) executes in the name of the Commissioner acceptance of such offers.

(p) To endorse or cause to be endorsed under his direction mortgage notes for insurance; to take or cause to be taken under his direction any action necessary

to consummate the sale of Commissioner-held mortgages to purchasers of such mortgages; and to execute satisfactions of Commissioner-held mortgages when the mortgage indebtedness has been paid in full.

(q) To endorse checks and other negotiable instruments for deposit or collection, to endorse loss drafts relating to insurance coverage on Secretary-held home and project mortgages, and to execute assignments and other instruments pertaining to the sale or other disposition of stock or other securties received as a result of agreements between mortgagors or other depositors and FHA.

(r) To approve or cause to be approved under his direction all expenditures and to receipt or cause to be receipted under his direction all vouchers necessary to carry out the provisions of the National Housing Act.

(s) To certify or cause to be certified under his direction that all required documents, information and approvals respecting each transaction are present; verify or cause to be verified under his direction the accuracy of the computations, the consistency of the information included in the various documents and determined or cause to be determined under his direction that the transactions are in strict accordance with all applicable regulations, decisions and laws.

(t) To approve or disapprove or cause to be approved or disapproved under his direction amounts claimed by mortgagees in their claim for insurance benefits, including amounts claimed for operating, protecting and preserving properties prior to conveyance to the Commissioner; to execute or cause to be executed under his direction Certificates of Claim and certify or cause to be certified under his direction the requisitions to the Treasury Department for the issuance of debentures; to certify or cause to be certified under his direction vouchers for cash settlement of claims; and to approve or disapprove the purchase of debentures submitted by mortgagees in connection with mortgage insurance premiums.

(u) To extend or cause to be extended under his direction the period of time for submission of fiscal data or title evidence supporting a mortgagee's application for debentures.

(v) To maintain or cause to be maintained under his direction liaison with the General Accounting Office, Treasury

Department and other agencies of the Government on accounting, insurance fiscal servicing and fiscal matters and to collaborate with such departments and agencies in the formation of accounting and fiscal programs.

(w) To issue duplicate Mortgage Insurance Certificates, to cancel or cause to be cancelled under his direction insurance endorsement or the Mortgage Insurance Certificate on insured mortgages where a joint request for termination is made by the mortgagor and mortgagee, or when the insurance endorsement or the Mortgage Insurance Certificate is otherwise to be cancelled, and to exercise the authority of the Commissioner in any instance which is subject to the approval of the Commissioner in connection with the prepayment or voluntary termination of insured mortgages.

(x) To take any action authorized to be taken by any branch or office within his jurisdiction.

(y) To exercise the authority of the Commissioner to endorse any preferred stock certificate held by him in any corporation for the purpose of retirement and cancellation.

(z) To approve the sale and terms of sale of mortgages taken as security in connection with the sale of property acquired in connection with Federal Housing Administration insurance claims.

(aa) With respect to the Appalachian Housing Fund, pursuant to the Appalachian Regional Development Act of 1965:

(1) To invest the moneys held in the fund in bonds or other obligations of the United States, or in bonds or other obligations guaranteed as to principal and interest by the United States;

(2) To disburse moneys in the fund for making loans and grants for projects under section 207 of the Appalachian Regional Development Act of 1965 approved pursuant to section 223 of such Act and for general expenses of administration of section 207 of such Act; and (3) To collect the loan repayments and interest thereon.

(bb) With respect to section 1013, pursuant to the Demonstration Cities and Metropolitan Development Act of 1966: To perform all fiscal duties and functions necessary to comply with the requirements of the agreement entered

into between the Department of Defense and the Department of Housing and Urban Development.

[26 F.R. 7386, Aug. 12, 1961, as amended at 27 F.R. 7876, Aug. 9, 1962; 28 F.R. 1291, Feb. 9, 1963; 28 F.R. 9985, Sept. 14, 1963; 28 F.R. 13865, Dec. 20, 1963; 29 F.R. 3108, Mar. 6, 1964; 29 F.R. 15365, Nov. 17, 1964; 30 F.R. 8159, June 25, 1965; 32 F.R. 3094, Feb. 21, 1967; 32 F.R. 5682, Apr. 7, 1967; 32 F.R. 15425, Nov. 4, 1967; 33 F.R. 5260, Apr. 2, 1968; 33 F.R. 6656, May 1, 1968; 33 F.R. 9775, July 6, 1968]

§ 200.78

Accounts Officer and Deputy.

To the position of Accounts Officer, and under his general supervision to the position of Deputy Accounts Officer, there is delegated the following basic authority and functions:

(a) To direct the activities of the Accounting Branch.

(b) To devise and establish accounting procedures and policies and to maintain official accounting records for all activities of the Administration.

(c) To devise and establish procedures and policies and to maintain official records for all home properties and mortgages held by the Commissioner.

(d) To provide technical advice and guidance to all organizational elements of the Administration in the fields of accounting, including property and mortgage servicing accounting.

(e) To maintain liaison with the General Accounting Office, Treasury Department and other agencies of the Government on accounting matters and to collaborate with such departments and agencies in the formation of accounting programs.

(f) To maintain liaison with the Federal National Mortgage Association, its regional offices and services, and other Government agencies on matters pertaining to the sale and insurance of Commissioner-held mortgages.

(g) To endorse mortgage notes for insurance and to take any action necessary to consummate the sale of Commissioner-held mortgages to purchasers of such mortgages.

(h) To develop and maintain a program for the fiscal servicing of Commissioner-held home mortgages including the execution of vouchers for expenditures from mortgagors' escrow accounts.

(i) To execute vouchers for payment of taxes on home properties where title is vested in the Commissioner and for payment of excess proceeds to effect final

settlement with mortgagees on certificates of claim under provisions of the National Housing Act.

(j) To act with the Assistant Commissioner-Comptroller and under his direction in the determination of basic policies on accounting and the fiscal servicing of home property and mortgage note accounts.

[30 F.R. 8159, June 25, 1965]

§ 200.79 Insurance Officer and Deputy.

To the position of Insurance Officer, and under his general supervision to the position of Deputy Insurance Officer, there is delegated the following basic authority and functions:

(a) To direct the activities of the Insurance Branch.

(b) To devise and maintain procedures relating to the establishment of mortgage insurance records, the modification and termination of such insurance for home and project mortgages and to register Title I loans reported for insurance.

(c) To provide fiscal and technical advice and guidance with respect to mortgage modifications prior to administrative approval.

(d) To cancel the insurance endorsement or the Mortgage Insurance Certificate on insured mortgages when a joint request for termination is made by the mortgagor and mortgagee, or when the insurance endorsement or the Mortgage Insurance Certificate is otherwise to be cancelled.

(e) To ascertain sufficiency of renewal and adjusted premium collections with respect to termination of insurance; authorize refund of unearned premiums collected or institute billing for the collection of premiums due.

(f) To authorize payment of earned distributive shares in the Participation Reserve Account of the Mutual Mortgage Insurance Fund to the rightful recipients thereof.

(g) To devise and maintain procedures relating to the fiscal servicing of Commissioner-held project mortgages and to execute vouchers for payment of all expenditures from mortgagor escrow accounts relating thereto.

(h) To develop and maintain fiscal procedures for the operation of Commissioner-owned project properties by agents of the Commissioner under contract for the management of such properties; to provide advice and guidance to those agents with respect to such