FHFA uses this information collection to create a database and reporting infrastructure to monitor the safety of the Banks' investments and the extent to which the Banks are fulfilling their statutory housing finance mission through their AMA programs. This is part of FHFA's overall responsibility as the safety and soundness and mission supervisor of the Banks. In addition, FHFA uses the information collection to create and maintain the public use database it is required to make available under section 10(k) of the Bank Act.
US Code:
12 USC 4512
Name of Law: Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended
US Code:
12 USC 4513
Name of Law: Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended
US Code:
12 USC 1430(k)
Name of Law: Federal Home Loan Bank Act, as amended
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.