fits accruing thereunder between lending institutions.

(3) To exercise the authority of the Commissioner under the regulations governing Title I loans in any instance which is subject to the approval of the Commissioner.

(4) To execute the power and authority vested in the Commissioner under the regulations governing property and obligations held by the Federal Housing Commissioner and approved by the Secretary of the Treasury, except that the authority to execute the power and authority under section IV of such regulations may be exercised only by the Assistant Commissioner, Title I.

(5) In connection with the sale of properties conveyed to the Commissioner to execute in my official name, as my agent, all deeds or other documents or instruments in connection with the conveyance of title thereto and deeds of release, assignments, or satisfactions of mortgages, deeds of trust, or other liens taken as security in connection therewith. The authority in this subdivision may be exercised only by the Assistant Commissioner, Title I.

(6) To reject or accept for insurance loans or advances of credit made under the provisions of section 2 of Title I, that require the prior approval of the Federal Housing Commissioner. To execute in my name such documents as are necessary to transfer title in and to any debt, contract, claim, property, or security. To execute in my name proofs of claim against bankrupt, insolvent, or decedent estates and to execute releases of obligations to the Federal Housing Administration, including but not limited to notes, judgments, and other evidences of indebtedness, and to release liens of any sort held as security for such obligations, in those cases where the obligor has paid the full amount due thereon to the Federal Housing Administration.

(g) General Counsel. To the position of General Counsel and in his absence or inability to act, to the Assistant General Counsel:

(1) On behalf of the Commissioner to receive and accept service of all summons, subpoenas, and other court process directed to the Commissioner..

(2) To sign, acknowledge and verify on behalf of and in the name of the Federal Housing Commissioner, all declarations, bills, pleas, answers, and all other

pleadings in any court proceeding which are brought in the name of or against the Federal Housing Commissioner, or in which he is named as a party.

(3) To advise and consult with the Commissioner and with heads of the several divisions concerning the legal aspects of the policies of the Federal Housing Administration.

(4) To interpret the provisions of the National Housing Act and of the rules and regulations promulgated thereunder; revise the rules and regulations.

(5) To collaborate with the General Counsel of the Housing and Home Finance Agency in connection with legislation before Congress pertaining to the Federal Housing Administration program, recommending changes by way of amendments.

(6) To administer all matters pertaining to the preparation of legal forms necessary to the work of the Administration; the submission of cases to the Attorney General for legal action; investigation of fraud; or violations of the National Housing Act; and the determination of acceptability of Title.

(h) Zone commissioners and directors. To the position of Zone Commissioner and to each of them, and under their supervision to their respective Assistant Zone Commissioners, State Directors, District Directors, Territorial Directors, Assistant State Directors, Assistant District Directors, Assistant Territorial Directors, and Executive Assistants:

(1) To issue commitments for insurance and to execute insurance contracts pursuant to such commitments.

(2) To approve a change in amount, a change of the term, or any other modification of commitments for insurance or of insurance contracts.

(3) To consent to the release of mortgagors.

(4) To consent to the release of portions of the mortgaged property from the lien of the mortgage.

(5) To approve or disapprove for insurance advances of mortgage money during construction, and to execute such instruments as may be necessary in connection therewith.

(6) To approve or disapprove "change orders" during construction.

(7) To issue Property Eligibility Statements or Commitments or any similar forms which may be provided in connec

tion with Class 3 loans under the regulations issued pursuant to Title I, section 2, of the National Housing Act (Part 502 of this chapter).

(8) In connection with Class 3 loans under the regulations issued pursuant to Title I, section 2, of the National Housing Act, to approve the sale by insured institutions of acquired property where the insured institution exercises its option to sell the property in the open market in lieu of a conveyance to the Commissioner.

(9) To reject or accept for insurance loans or advances of credit made under the provisions of section 2 of Title I that may require the prior approval of the Federal Housing Commissioner.

(10) To approve the insurance of mortgages taken as security in connection with the sale of all properties conveyed to the Federal Housing Commissioner, including the authority to determine the value of such properties and facts relating to the eligibility of such mortgages for insurance.

(11) To execute applications or other documents in connection with any functions which the Federal Housing Administration may perform for any other agency or agencies of the United States.

(12) T certify that official long-distance telephone calls made were necessary in the interest of the Government, pursuant to section 4 of the act approved May 10, 1939 (53 Stat. 738).

(13) In connection with the sale of Commissioner owned property, to consent to the assignment of the interest of the contract purchaser under a contract for deed and to the substitution of mortgagors under a mortgage held by the Commissioner.

(14) To execute contracts for the sale of any properties conveyed to the Federal Housing Commissioner, except properties acquired under sections 207 or 608 or sales of ten or more properties as a group.

(i) Comptroller. To the positions of Comptroller, of Assistant Comptroller, and of Assistant to the Comptroller (in the order named):

(1) To requisition the advance of funds.

(2) To approve all expenditures and receipt vouchers necessary to carry out the provisions of the National Housing Act.

(3) To endorse checks for deposit or collection.

(4) To certify financial statements.

(5) To certify the findings of the Compliance Committee in regard to the waiver of the regulations under the provisions of section 2 (c) of the National Housing Act, as amended.

(6) To certify as to delegations of authority by the Commissioner and as to the truth or accuracy of copies of original papers or documents in the possession of the Administration.

(7) To devise accounting procedures and to administer the fiscal policies of the Administration.

(8) To execute vouchers or applications and receipt for any payments received representing refunds of taxes or other payments made by the Commissioner in connection with property acquired under the provisions of the National Housing Act.

(9) To certify that official long-distance telephone calls made were necessary in the interest of the Government, pursuant to section 4 of the act approved May 10, 1939 (53 Stat. 738).

(j) Director of Research and Statistics. To the position of Director of Research and Statistics:

(1) To advise the Commissioner on the economic aspects of mortgage insurance activities. Plan and administer the activities of the Research and Statistics Division. Consult with the representatives of other divisions and other agencies on problems of housing and economic research.

(2) To initiate, and to undertake on request of other officers, actuarial studies regarding insurance operations under Titles I, II, and VI, including, in collaboration with the Comptroller, studies of the distribution of expenses and income; and to prepare studies of the adequacy of premiums and reserves and such other matters as are required by the Commissioner for the formulation of sound actuarial policy.

(k) Director of Personnel. To the position of Director of Personnel, and in his absence or inability to act, to the Assistant Director of Personnel; acting under the supervision and direction of the Assistant Commissioner, Administrative Services:

(1) To be responsible for the development and maintenance of a personnel program.

(2) To have charge of the appointment, promotion, demotion, separation, classification, and transfer of personnel; the development and maintenance of a performance rating system; training and employee relations program; and of other personnel functions.

(3) To serve as liaison representative between the Federal Housing Administration and the Civil Service Commission and other Government agencies with respect to personnel matters.

(4) To make recommendations to the Budget Officer with respect to estimates for personnel services.

(1) Budget Officer. To the position of Budget Officer, acting under the supervision and direction of the Assistant Commissioner, Administrative Services;

(1) To be responsible for the preparation of budget estimates, personnel ceiling requests, and quarterly apportionments, together with the justifications therefor, and the fixing of budget allotments.

(2) To develop sound workload measures and unit costs and to analyze operations for the purpose of determining whether such workload and unit costs are justified, including the check of rate of expenditures against allocations in order to avoid over-expenditure.

(m) Office Manager. To the position of Office Manager, and in his absence or inability to act, to the Assistant Office Manager, acting under the supervision and direction of the Assistant Commissioner, Administrative Services:

(1) To be responsible for the adminisstration of the Washington Office Management Division.

(2) To incur obligations, authorize expenditures, and execute contracts for services and for the purchase of equipment, materials, and supplies other than in connection with acquired properties. (3) To approve telephone contracts. (4) To execute leases of property for Federal Housing Administration use.

(5) To issue orders for travel in accordance with the Standardized Government Travel Regulations, as amended, and the Independent Offices Appropriation Act, including authorization for travel by air and extra fare train in accordance with Circular No. 355, Executive Office of the President, dated April 16, 1940, and amendments thereto, and for travel incident to permanent change of station in accordance with the Treasury

and Post Office Departments Appropriation Act; to approve travel performed and expense incurred on account of an emergency or without prior authority in accordance with paragraph 7 of the Standardized Government Travel Regulations, as amended, and to approve and authorize the transportation of household goods and personal effects at government expense in accordance with Executive Order 8588 and amendments thereto, and any other Executive orders providing for the approval and authorization by the head of an agency with respect to the transportation of household goods and personal effects at Government expense.

(6) To issue purchase orders, including printing and binding requisitions to the Government Printing Office.

(7) To issue orders for publications of notices and advertisements in newspapers, magazines, and periodicals. (See R.S. 3828)

(8) To execute contracts for purchase of equipment and supplies, including contracts for materials, equipment, supplies and services for the maintenance and operation of acquired properties.

(9) To certify that official long-distance telephone calls made were necessary in the interest of the Government, pursuant to section 4 of the act approved May 10, 1939 (53 Stat. 738).

CODIFICATION: Prior to the revision of § 500.13, as set forth above, the period at the end of paragraphs (d) (6) and (m) (5) · was deleted and the following text was added thereto, by Regulation, Federal Housing Commissioner, May 5, 1947, 12 F.R. 3081 and any other Executive orders providing for the approval and authorization by the head of an Agency with respect to the transportation of household goods and personal effects at Government expense.

§ 500.14 Delegations to committees. Pursuant to the authority cited in $ 500.11, the following assignments of duties and delegations of functions and powers are hereby made:

(a) Executive Board. To a Committee to be known as the "Executive Board" consisting of the Commissioner as Chairman; the First Assistant Commissioner as Vice-Chairman; the Assistant Commissioner, Field Operations; the Assistant Commissioner, Rental Housing and Property Management; the Assistant Commissioner, Underwriting; the Assistant Commissioner, Title I; the Assistant Commissioner, Administrative Services;

the General Counsel; the Comptroller; the Budget Officer; the Director of Personnel; the Director of Research and Statistics; and the Zone Commissioners:

(1) To consider and discuss matters of general policy and to advise the Commissioner with respect to matters affecting the activities of the various divisions of the Administration.

The Executive Board or any part thereof shall meet upon call by the Chairman or Vice-Chairman, who will designate and excuse from attendance any member having no direct interest in the matters to be discussed at the meeting.

In the absence of the Chairman the Vice-Chairman shall preside and in the absence of any member designated by the Chairman or Vice-Chairman as being interested in the matters to be discussed, the principal assistant of such absent member shall attend the meeting and serve in the place of such member.

(b) Property Sales Committee. To a Committee to be known as the "Property Sales Committee", consisting of the assistant Commissioner, Rental Housing and Property Management, Chairman; Assistant Commissioner, Field Operations; Assistant Commissioner, Underwriting; and Chief Counsel, Rental Housing:

(1) To consider and recommend to the Commissioner the approval or disapproval of any offer to purchase a property or mortgage acquired by the Commissioner under the provisions of sections 207 or 608, and any offer to purchase a group of ten (10) or more properties acquired by the Commissioner in. connection with any other section of the act.

(c) Property Management Expenditures Committee. To a Committee to be known as the "Property Management Expenditures Committee", consisting of the following: Assistant Commissioner, Rental Housing and Property Management, as Chairman; First Assistant Commissioner; Assistant Commissioner, Field Operations; General Counsel; Assistant Commissioner, Administrative Services; Comptroller; and the Zone Commissioners:

(1) To consider and determine whether or not an expenditure is "necessary to carry out the provisions" of Titles I, II, and VI, as such term is used in section 1 of the National Housing Act, whenever such a determination is, in the opinion of the General Counsel,

necessary to support the legal authority of the Commissioner to make such expenditure. A quorum shall consist of five members, one of which shall be the Legal Division representative. Minutes

of each meeting which include a determination by the Committee shall be forwarded to the Commissioner prior to action being concluded in connection with such determination. In the absence of any member, the principal Assistant of such absent member shall attend meetings and serve in place of such member. In absence of the Chairman, the members of the Committee shall choose a temporary Chairman.

(d) Compliance Committee. To a Committee to be known as the "Compliance Committee”, consisting of the Assistant Commissioner, Title I; the Counsel for Title I; the Assistant Commissioner, Administrative Services; the Assistant Commissioner, Field Operations; and the Comptroller; any three of which shall constitute a quorum:

(1) To waive compliance with regulations heretofore or hereafter prescribed with respect to the interest and maturity of, and the terms, conditions, and restrictions under which loans, advances of credit, and purchases may be insured under section 2 and section 6 of Title I, if in the judgment of the Committee the enforcement of such regulations would impose an injustice upon an insured institution which has substantially complied with such regulations in good faith and refunded or credited any excess charge made, and if such waiver does not involve an increase of the obligation of the Commissioner beyond the obligation which would have been involved if the regulations had been fully complied with. In the absence of any member the principal Assistant of such absent member shall attend meetings and serve in place of such member. Subpart C-Organization and Functions § 500.22 Field organization.

CODIFICATION: In § 500.22 (b), the items under subparagraph (5) were amended in the following respects:

1. By Regulation, Assistant Commissioner, Dec. 20, 1946, effective Dec. 16, 1946, 12 FR. 42:

Opposite the State of Indiana, in the column headed "City," and directly below "Indianapolis" adding "Gary1" and, on the same horizontal line, in the column headed "Address," adding "541 Broadway"; and in the column headed "Jurisdiction", adding "(See Indianapolis)".