Consultation and Coordination. a. When appropriate, HUD and tfHFA may meet and share information concerning current and contemplated fair lending investigations, examinations or compliance reviews, ongoing monitoring of the Enterprises, and other fair lending activity, including but not limited to opportunities for HUD and tfHtfA to administer their �espective programs and activities relating to housing and urban development in a manner to further the purposes of the tfair Housing Act. The meetings will provide an opportunity for the Agencies to support each other's fair lending activities and consider the possibility of coordinated actions where there are common issues or parties. In these discussions, HUD and tfHFA will adhere to its respective agency's information sharing requirements, confidentiality requirements and privileges, and other information management requirements. The Agencies may establish a regular schedule for consultation and coordination meetings. b. ▇▇▇'s Director of the Office of Systemic Investigations in the Office of tfair Housing and Equal Opportunity or designee is HUD's liaison. FHtfA's Supervisory Policy Analyst of the Office of Fair Lending Oversight in the Division of Housing Mission and Goals or designee is FHFA's liaison. Communication under this MOU will be through the liaisons unless mutually agreed upon by the agencies. Each Agency will be responsible for designating additional attendees of the consultation and coordination meetings and other activities under this MOU. Each Agency will determine the role of legal counsel in activities under this MOU. c. The Agencies may consult on any fair lending matter related to the Enterprises, including with regard to investigative approaches and activities to further fair lending. Additionally, the Agencies may, each at their own discretion, consult on any matter regarding potential violations of fair lending law and potential investigations, examinations, or reviews of an Enterprise's activity. Consultation on potential violations of fair lending law is not limited to the Enterprises. The Agencies will notify each other of relevant fair lending complaints or fair lending investigations. This provision does not limit an Agency's discretion as appropriate to provide or withhold information relevant to possible violations of the Fair Housing Act to the other Agency. d. Each Agency will strive to provide the other Agency advance notice before opening any fair lending investigation, examination, or review of an Enterprise, including information on the scope. Upon any such notice from HUD related to a fair lending review or investigation, including a review of the underwriting or appraisal guidelines of an Enterprise pursuant to 12 U.S.C. § 4545, FHFA may facilitate HUD's review, as appropriate. Fl--IFA shall make best efforts to provide HUD an opportunity to comment on any significant adverse examination finding of a violation or enforcement action related to the Enterprises' appraisal or underwriting guidelines that may impact HUD' s enforcement of the Fair Housing Act or section 4545 of the Safety and Soundness Act before undertaking final action.
Appears in 1 contract
Sources: Memorandum of Understanding
Consultation and Coordination. a. When appropriate, HUD and tfHFA FHFA may meet and share information concerning current and contemplated fair lending investigations, examinations or compliance reviews, ongoing monitoring of the Enterprises, and other fair lending activity, including but not limited to opportunities for HUD and tfHtfA FHFA to administer their �espective programs and activities relating to housing and urban development in a manner to further the purposes of the tfair Fair Housing Act. The meetings will provide an opportunity for the Agencies to support each other's fair lending activities and consider the possibility of coordinated actions where there are common issues or parties. In these discussions, HUD and tfHFA FHFA will adhere to its respective agency's information sharing requirements, confidentiality requirements and privileges, and other information management requirements. The Agencies may establish a regular schedule for consultation and coordination meetings.
b. ▇▇▇'s Director of the Office of Systemic Investigations in the Office of tfair Fair Housing and Equal Opportunity or designee is HUD's liaison. FHtfAFHFA's Supervisory Policy Analyst of the Office of Fair Lending Oversight in the Division of Housing Mission and Goals or designee is FHFA's liaison. Communication under this MOU will be through the liaisons unless mutually agreed upon by the agencies. Each Agency will be responsible for designating additional attendees of the consultation and coordination meetings and other activities under this MOU. Each Agency will determine the role of legal counsel in activities under this MOU.
c. The Agencies may consult on any fair lending matter related to the Enterprises, including with regard to investigative approaches and activities to further fair lending. Additionally, the Agencies may, each at their own discretion, consult on any matter regarding potential violations of fair lending law and potential investigations, examinations, or reviews of an Enterprise's activity. Consultation on potential violations of fair lending law is not limited to the Enterprises. The Agencies will notify each other of relevant fair lending complaints or fair lending investigations. This provision does not limit an Agency's discretion as appropriate to provide or withhold information relevant to possible violations of the Fair Housing Act to the other Agency.
d. Each Agency will strive to provide the other Agency advance notice before opening any fair lending investigation, examination, or review of an Enterprise, including information on the scope. Upon any such notice from HUD related to a fair lending review or investigation, including a review of the underwriting or appraisal guidelines of an Enterprise pursuant to 12 U.S.C. § 4545, FHFA may facilitate HUD's review, as appropriate. Fl--IFA shall make best efforts to provide HUD an opportunity to comment on any significant adverse examination finding of a violation or enforcement action related to the Enterprises' appraisal or underwriting guidelines that may impact HUD' s enforcement of the Fair Housing Act or section 4545 of the Safety and Soundness Act before undertaking final action.
Appears in 1 contract
Sources: Memorandum of Understanding
Consultation and Coordination. a. When appropriate, HUD and tfHFA may meet and share information concerning current and contemplated fair lending investigations, examinations or compliance reviews, ongoing monitoring During the preparation of the EnterprisesSchematic Drawings, Design Development Drawings and Building Permit Drawings, staff of Agency and Developer shall hold regular progress meetings to coordinate the preparation of, submission to, and other fair lending activity, including but not limited to opportunities for HUD and tfHtfA to administer their �espective programs and activities relating to housing and urban development in a manner to further the purposes review of the tfair Housing ActSchematic Drawings, Design Development Drawings and Building Permit Drawings by Agency. The meetings will provide staff of Agency and Developer shall communicate and consult informally as frequently as is necessary to ensure that the final submittal of any documents to Agency can receive prompt and thorough consideration. Agency shall designate an opportunity Agency employee to serve as the project manager who is responsible for the Agencies to support each othercoordination of Agency's fair lending activities and consider the possibility of coordinated actions where there are common issues or parties. In these discussions, HUD and tfHFA will adhere to its respective agency's information sharing requirements, confidentiality requirements and privileges, and other information management requirements. The Agencies may establish a regular schedule for consultation and coordination meetings.
b. ▇▇▇'s Director of the Office of Systemic Investigations in the Office of tfair Housing and Equal Opportunity or designee is HUD's liaison. FHtfA's Supervisory Policy Analyst of the Office of Fair Lending Oversight in the Division of Housing Mission and Goals or designee is FHFA's liaison. Communication under this MOU will be through the liaisons unless mutually agreed upon by the agencies. Each Agency will be responsible for designating additional attendees of the consultation and coordination meetings and other activities under this MOUAgreement and for expediting the land use approval and permitting process. Each Agency will determine 402.8 Revisions. If Developer desires to propose any material revisions to Agency-approved Basic Concept Drawings, Schematic Drawings, Design Development Drawings or Building Permit Drawings, Developer shall submit such proposed changes to Agency, and shall also proceed in accordance with any and all State and local laws and regulations regarding such revisions, within the role time frame set forth in the Schedule of legal counsel Performance. At the sole discretion of Agency, if any change in activities under the basic uses of the Site is proposed in the Schematic Drawings, Design Development Drawings or Building Permit Drawings from the basic uses of the Site as provided for in this MOU.
c. The Agencies may consult on any fair lending matter related Agreement, then this Agreement is subject to renegotiation of all terms and conditions, including without limitation, the economic terms of this Agreement. If the Basic Concept Drawings, Schematic Drawings, Design Development Drawings or Building Permit Drawings, as modified by the proposed change, generally and substantially conform to the Enterprisesrequirements of the Scope of Development and the basic uses of the Site as provided for in this Agreement, including Agency shall review the proposed change and notify Developer in writing within thirty (30) days after submission to Agency as to whether the proposed change is approved or disapproved and the specific reasons for any disapproval, provided that such reasons shall be consistent with regard the Scope of Development and any items previously approved hereunder. The Executive Director is authorized to investigative approaches approve minor changes to Agency-approved Basic Concept Drawings, Schematic Drawings, Design Development Drawings and activities Building Permit Drawings provided such changes (i) do not significantly reduce the cost of the proposed development and (ii) do not significantly reduce the quality of materials to further fair lendingbe used. AdditionallyAny and all change orders or revisions required by the City and its inspectors which are required under the Municipal Code and all other applicable Uniform Codes (e.g. Building, the Agencies mayPlumbing, each at their own discretionFire, consult on any matter regarding potential violations of fair lending law Electrical, etc.) and potential investigations, examinations, or reviews of an Enterprise's activity. Consultation on potential violations of fair lending law is not limited under other applicable laws and regulations generally applicable to projects similar to the Enterprises. The Agencies will notify each other of relevant fair lending complaints or fair lending investigations. This provision does not limit an Agency's discretion as appropriate to provide or withhold information relevant to possible violations of the Fair Housing Act to the other Agency.
d. Each Agency will strive to provide the other Agency advance notice before opening any fair lending investigation, examination, or review of an Enterprise, including information on the scope. Upon any such notice from HUD related to a fair lending review or investigation, including a review of the underwriting or appraisal guidelines of an Enterprise pursuant to 12 U.S.C. § 4545, FHFA may facilitate HUD's review, as appropriate. Fl--IFA Project shall make best efforts to provide HUD an opportunity to comment on any significant adverse examination finding of a violation or enforcement action related to the Enterprises' appraisal or underwriting guidelines that may impact HUD' s enforcement of the Fair Housing Act or section 4545 of the Safety and Soundness Act before undertaking final action.be included by Developer in its
Appears in 1 contract
Consultation and Coordination. a. When appropriate, HUD and tfHFA may meet and share information concerning current and contemplated fair lending investigations, examinations or compliance reviews, ongoing monitoring During the preparation of the EnterprisesDesign Development Drawings and Building Permit Drawings, staff of Agency and Developer shall hold regular progress meetings to coordinate the preparation of, submission to, and other fair lending activity, including but not limited to opportunities for HUD and tfHtfA to administer their �espective programs and activities relating to housing and urban development in a manner to further the purposes review of the tfair Housing ActDesign Development Drawings and Building Permit Drawings by Agency. The meetings will provide staff of Agency and Developer shall communicate and consult informally as frequently as is necessary to ensure that the final submittal of any documents to Agency can receive prompt and thorough consideration. Agency shall designate an opportunity Agency employee to serve as the project manager who is responsible for the Agencies to support each other's fair lending activities and consider the possibility coordination of coordinated actions where there are common issues or parties. In these discussions, HUD and tfHFA will adhere to its respective agency's information sharing requirements, confidentiality requirements and privileges, and other information management requirements. The Agencies may establish a regular schedule for consultation and coordination meetings.
b. ▇▇▇'s Director of the Office of Systemic Investigations in the Office of tfair Housing and Equal Opportunity or designee is HUD's liaison. FHtfA's Supervisory Policy Analyst of the Office of Fair Lending Oversight in the Division of Housing Mission and Goals or designee is FHFA's liaison. Communication under this MOU will be through the liaisons unless mutually agreed upon by the agencies. Each Agency will be responsible for designating additional attendees of the consultation and coordination meetings and other Agency’s activities under this MOUAgreement and for expediting the land use approval and permitting process. Each 402.7 Revisions. If Developer desires to propose any material revisions to Agency-approved Basic Concept Drawings, Design Development Drawings or Building Permit Drawings, Developer shall submit such proposed changes to Agency, and shall also proceed in accordance with any and all State and local laws and regulations regarding such revisions, within the time frame set forth in the Schedule of Performance. At the sole discretion of Agency, if any change in the basic uses of the Site is proposed in the Design Development Drawings or Building Permit Drawings from the basic uses of the Site as provided for in this Agreement, then this Agreement is subject to renegotiation of all terms and conditions, including without limitation, the economic terms of this Agreement. 402.8 Defects in Plans. Agency will determine shall not be responsible either to Developer or to third parties in any way for any defects in the role of legal counsel Basic Concept Drawings, the Design Development Drawings or the Building Permit Drawings, nor for any structural or other defects in activities under this MOU.
c. The Agencies may consult on any fair lending matter related work done according to the Enterprisesapproved Basic Concept Drawings, Design Development Drawings or Building Permit Drawings. Developer hereby waives and releases any claim it may have against Agency or its officers, employees, agents, representatives and volunteers, for any monetary damages or compensation as a result of defects in the Basic Concept Drawings, Design Development Drawings or Building Permit Drawings, including with regard to investigative approaches without limitation the violation of any laws, and activities to further fair lending. Additionally, the Agencies may, each at their own discretion, consult on for defects in any matter regarding potential violations of fair lending law and potential investigations, examinations, or reviews of an Enterprise's activity. Consultation on potential violations of fair lending law is not limited work done according to the Enterprisesapproved Basic Concept Drawings, Design Development Drawings or Building Permit Drawings. The Agencies will notify each other Developer makes such release with full knowledge of relevant fair lending complaints or fair lending investigationsCivil Code Section 1542 and hereby waives any and all rights thereunder to the extent of this release, if such Section 1542 is applicable. This provision does not limit an Agency's discretion as appropriate to provide or withhold information relevant to possible violations Section 1542 of the Fair Housing Act to the other Agency.
d. Each Agency will strive to provide the other Agency advance notice before opening any fair lending investigation, examination, or review of an Enterprise, including information on the scope. Upon any such notice from HUD related to a fair lending review or investigation, including a review of the underwriting or appraisal guidelines of an Enterprise pursuant to 12 U.S.C. § 4545, FHFA may facilitate HUD's review, Civil Code provides as appropriate. Fl--IFA shall make best efforts to provide HUD an opportunity to comment on any significant adverse examination finding of a violation or enforcement action related to the Enterprises' appraisal or underwriting guidelines that may impact HUD' s enforcement of the Fair Housing Act or section 4545 of the Safety and Soundness Act before undertaking final action.follows:
Appears in 1 contract