Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks

ICR 201011-7100-012

OMB: 7100-0261

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2011-02-04
Justification for No Material/Nonsubstantive Change
2010-10-13
IC Document Collections
IC ID
Document
Title
Status
36290
Modified
182672
Modified
ICR Details
7100-0261 201011-7100-012
Historical Active 201010-7100-004
FRS Regulation H-5
Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks
Extension without change of a currently approved collection   No
Delegated
Approved without change 02/09/2011
Retrieve Notice of Action (NOA) 02/09/2011
  Inventory as of this Action Requested Previously Approved
02/28/2014 36 Months From Approved 03/31/2011
3,351 0 3,351
16,860 0 16,860
0 0 0

This information collection is a mandatory recordkeeping requirement contained in the Board's Regulation H (12 CFR 208.51) that implements section 304 of the Federal Deposit Insurance Corporation Improvement Act of 1991. State member banks must adopt and maintain a written real estate lending policy. Also, banks must identify their loans in excess of the supervisory loan-to-value limits and report (at least quarterly) the aggregate amount of the loans to the bank’s board of directors.

US Code: 12 USC 1828(o) Name of Law: Federal Deposit Insurance Corporation Improvement Act of 1991
  
None

Not associated with rulemaking

  75 FR 70919 11/19/2010
76 FR 5590 02/01/2011
No

2
IC Title Form No. Form Name
Aggregate Report
Policy Statement

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 3,351 3,351 0 0 0 0
Annual Time Burden (Hours) 16,860 16,860 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Lois Lawrence 202-452-2984 [email protected]

  No

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.
02/09/2011


© 2024 OMB.report | Privacy Policy