12 CFR 32.3(b)(6)(iv) would require
national banks to provide the OCC with certain information in
connection with an application to receive approval from its
supervisory office before using the exceptions to the lending limit
for 1-4 family residential real estate loans and loans to small
businesses for national banks. The OCC needs this information to
evaluate whether a bank is eligible to use the new
exceptions.
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.