This request for
clearance is approved for use through April 1982. This clearance
authorizes the survey on a one-time basis. The form must be revised
to indicate that an S & L should provide information on its
alternative adjustable mortgage loan only if it constitutes a
significant portion of the AML volume. For extension or revision of
this approval, the Bank Board is to provide evidence that large
associations, as covered by this survey, have a great majority of
the adjustable mortgage loan volume. Otherwise, any future request
for approval should include a representative sample of
institutions.
Inventory as of this Action
Requested
Previously Approved
04/30/1982
04/30/1982
240
0
0
180
0
0
0
0
0
TO MONITOR USAGE OF BROAD NEW
AUTHORITY GIVEN SAVINGS AND LOAN ASSOCIATIONS TO MAKE ADJUSTABLE
MORTGAGE LOANS, INCLUDING THE TERMS OF THE MOST FREQUENTLY OFFERED
CONTRACTS, IN ORDER TO EVALUATE THE APPROPRIATENESS OF THE
REGULATORY AUTHORIZATION.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.