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Federal Register Vol. 71, No. 133 Wednesday, July 12, 2006

This section of the FEDERAL REGISTER contains editorial corrections of previously published Presidential, Rule, Proposed Rule, and Notice documents. These corrections are prepared by the Office of the Federal Register. Agency prepared corrections are issued as signed documents and appear in the appropriate document categories elsewhere in the issue.

third lines, ‘‘http://www.wto.org/enligh/ docs_e/legal_e/legal_e.htm’’ should read ‘‘http://www.wto.org/english/docs_e/ legal_e/legal_e.htm’’. 2. On page 37036, in the third column, in footnote 8, in the second line, ‘‘Cnada’’ should read ‘‘Canada’’.
[FR Doc. C6–5799 Filed 7–11–06; 8:45 am]
BILLING CODE 1505–01–D

‘‘3. Self-Assessments by Systemically Important Systems’’. [FR Doc. C6–5843 Filed 7–11–06; 8:45 am]
BILLING CODE 1505–01–D

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Office of Federal Housing Enterprise Oversight 12 CFR Part 1750
RIN 2550–AA35

DEPARTMENT OF AGRICULTURE Animal and Plant Health Inspection Service
[Docket No. APHIS–2006–0090]

FEDERAL RESERVE SYSTEM
[Docket No. OP–1259]

Policy on Payments System Risk Correction In notice document 06–5843 beginning on page 36800 in the issue of Wednesday, June 28, 2006, make the following correction: On page 36804, in the second column, under the heading ‘‘VII. Federal Reserve Policy on Payments System Risk’’, after entry I.C.2., add an entry I.C.3. to read as follows:

Plant Protection and Quarantine Export-Related Services and Procedures Correction In notice document 06–5799 beginning on page 37032 in the issue of Thursday, June 29, 2006, make the following corrections: 1. On page 37033, in the second column, in footnote 1, in the second and

Risk-Based Capital Regulation Amendment Correction In proposed rule document 06–5330 beginning on page 36231 in the issue of Monday, June 26, 2006, make the following corrections: 1. On pages 36235 and 36236, Table 3–4 is being reprinted in its entirety to read as follows:

TABLE 3–4.—ADDITIONAL MULTIFAMILY LOAN CLASSIFICATION VARIABLES
Variable Multifamily Product Code Description Identifies the mortgage product types for multifamily loans Range Fixed Rate Fully Amortizing Adjustable Rate Fully Amortizing 5 Year Fixed Rate Balloon 7 Year Fixed Rate Balloon 10 Year Fixed Rate Balloon 15 Year Fixed Rate Balloon Balloon ARM Other New Book Old Book

New Book Flag

‘‘New Book’’ is applied to Fannie Mae loans acquired beginning in 1988 and Freddie Mac loans acquired beginning in 1993, except for loans that were refinanced to avoid a default on a loan originated or acquired earlier Indicates if the LTV and DCR were updated at origination or at Enterprise acquisition Assigned classes for the Debt Service Coverage Ratio based on the most recent annual operating statement

Ratio Update Flag

Yes No DCR<1.00 1.00<=DCR<1.10 1.10<=DCR<1.20 1.20<=DCR<1.30 1.30<=DCR<1.40 1.40<=DCR<1.50 1.50<=DCR<1.60 1.60<=DCR<1.70 1.70<=DCR<1.80 1.80<=DCR<1.90 1.90<=DCR<2.00 2.00<=DCR<2.50 2.50<=DCR<4.00 DCR>=4.00 Yes No

Current DCR

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Prepayment Penalty Flag

Indicates if prepayment of the loan is subject to active prepayment penalties or yield maintenance provisions

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Federal Register / Vol. 71, No. 133 / Wednesday, July 12, 2006 / Corrections

2. On pages 36245 and 36246, Table 3–32 is being reprinted in its entirety to read as follows:

TABLE 3–32—LOAN GROUP INPUTS FOR MORTGAGE AMORTIZATION CALCULATION
Variable* Rate Type (Fixed or Adjustable) Product Type (30/20/15-Year FRM, ARM, Balloon, Government, etc.) UPBORIG UPB0 MIR0 Unpaid Principal Balance at Origination (aggregate for Loan Group) Unpaid Principal Balance at start of Stress Test (aggregate for Loan Group) Mortgage Interest Rate for the Mortgage Payment prior to the start of the Stress Test, or Initial Mortgage Interest Rate for new loans (weighted average for Loan Group) (expressed as a decimal per annum) Amount of the Mortgage Payment (Principal and Interest) prior to the start of the Stress Test, or first payment for new loans (aggregate for Loan Group) Original loan Amortizing Term in months (weighted average for Loan Group) Remaining term to Maturity in months (i.e., number of contractual payments due between the start of the Stress Test and the contractual maturity date of the loan) (weighted average for Loan Group) Age immediately prior to the start of the Stress Test, in months (weighted average for Loan Group) Interest-only Flag RIOP Remaining Interest-only period, in months (weighted average for loan group) Description RBC Report RBC Report RBC Report RBC Report RBC Report Source

PMT0 AT RM

RBC Report RBC Report RBC Report

A0

RBC Report RBC Report RBC Report

Additional Interest Rate Inputs GFR SFR Guarantee Fee Rate (weighted average for Loan Group) (decimal per annum) Servicing Fee Rate (weighted average for Loan Group) (decimal per annum) RBC Report RBC Report

Additional Inputs for ARMs (weighted averages for Loan Group, except for Index) INDEXm LB MARGIN RRP Monthly values of the contractual Interest Rate Index Look-Back period, in months Loan Margin (over index), decimal per annum Rate Reset Period, in months Rate Reset Limit (up and down), decimal per annum Maximum Rate (life cap), decimal per annum Minimum Rate (life floor), decimal per annum NAC Negative Amortization Cap, decimal fraction of UPBORIG Unlimited Payment Reset Period, in months PRP Payment Reset Period, in months Payment Reset Limit, as decimal fraction of prior payment IRP Initial Rate Period, in months section 3.3, Interest Rates RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report RBC Report

*Variable name is given when used in an equation

[FR Doc. C6–5330 Filed 7–11–06; 8:45 am]
BILLING CODE 1505–01–D

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