Privacy Act of 1974; System of Records

Official abstract: Pursuant to the provisions of the Privacy Act of 1974, as amended, the Department of the Housing and Urban Development (HUD), Office of Housing, is issuing public notice of its intent to modify the Office of Single-Family Housing, Privacy Act system of records, Single- Family Mortgage Asset Recovery Technology (SMART) system. The purpose of the Smart System is to provide various loan servicing functions including generating payoffs and processing payments for HUD FHA Insured Title II Secretary held loans. The modification will expand the categories of records in the system and incorporate the "Do Not Pay" routine use to support payment integrity and compliance with applicable federal requirements.