The submission addressed all the conditions of clearance of a previous OMB approval. A substantial reduction in burden was achieved by the reduction in data elements on the information request. This approval is for one year. In the next submission for clearance FHLBB should consider better ways of targeting the use of these forms according, for example, to past performance by institutions, or to other criteria.
Inventory as of this Action
Requested
Previously Approved
04/30/1983
04/30/1983
04/30/1982
1,486,996
0
1,493,658
206,755
0
420,549
0
0
0
DATA SUBMISSION AND OTHER RECORDKEEPING REQUIREMENTS OF THE EQUAL CREDIT OPPORTUNITY ACT (12 CFR 202) AND FHLBB REGULATIONS (12 CFR 528) REPORTS REPLACE PORTIONS OF ONSITE EXAMINATION FOR COMPLIANCE WITH ECOA, FHLBB REGULATIONS, THE FAIR HOUSING AND COMMUNITY REINVESTMENT ACTS, AND REDUCE OVERALL EXAMINATION TIME AND COST.
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.