Request for
extension is approved until August 1983. Future requests for
revisions or extension must fully support requirements beyond those
specified in Federal Reserve Board Regulation B, Section 202.13 and
statutorily imposed information requirements explicitly mandated
such as in the Home Mortgage Disclosure Act. Information provided
by the FFIEC and agency strongly indicate that the agency's
requirements are ineffective, inefficient and unnecessary to detect
discrimination or monitor compliance. therefore they appear to
impose an unnecessary burden on the public and have limited
practical utility. While the agency has provided some information
on the administrative convenience of its requirements for the
examinations process, the agency must provide evidence as to why
the frb and ncua approaches would not be at least equally, if not,
more effective. finally, the agency must explain why substantive
violations could not be detected absent the detailed universal
information requirements currently in place which are beyond
regulation b and other hmda and cr requirements.
Inventory as of this Action
Requested
Previously Approved
08/31/1983
08/31/1983
12/31/1982
951,770
0
951,770
309,808
0
309,808
0
0
0
IN ORDER TO FACILITATE FDIC REVIEW OF
COMPLIANCE WITH THE FAIR HOUSING LENDING PROSCRIPTIONS OF TITLE
VIII OF THE CIVIL RIGHTS ACT OF L968, INSURED STATE NON-MEMBER
COMMERCIAL AND MUTUAL SAVINGS BANKS ARE REQUIRED BY FDIC
REGULATIONS TO MAINTAIN VARIOUS DATA ON HOME LOAN APPLICANTS AND
INQUIRERS. SELECTED BANKS (BASED PRIMARILY ON THE VOLU OF THEIR
MORTGAGE LENDING AND THE NUMBER OF REJECTIONS OF APPLICATIONS
MINORITIES AND WOMEN) ARE REQ'D TO SUBMIT DATA COMPUTERIZED
ANALYSIS.
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.