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Federal Register / Vol. 82, No. 7 / Wednesday, January 11, 2017 / Notices
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
(44 U.S.C. 3501, et seq.). On October 27,
2016, (81 FR 74802), the FDIC requested
comment for 60 days on a proposal to
renew the information collections
described below. No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of these
collections, and again invites comment
on this renewal.
[FR Doc. 2017–00361 Filed 1–10–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (3064–0018
& –0137)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:
The FDIC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of existing
information collections, as required by
the Paperwork Reduction Act of 1995
SUMMARY:
Comments must be submitted on
or before February 10, 2017.
DATES:
Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• http://www.FDIC.gov/regulations/
laws/federal/notices.html.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Jennifer Jones (202–898–
6768), Counsel, MB–3105, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
ADDRESSES:
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street Building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Jennifer Jones, at the FDIC address
above.
Proposal
to renew the following currentlyapproved collections of information:
1. Title: Application Pursuant to
Section 19 of the Federal Deposit
Insurance Act.
OMB Number: 3064–0018.
Form Number: FDIC 6710/07.
Affected Public: Insured Depository
Institutions.
SUPPLEMENTARY INFORMATION:
BURDEN ESTIMATE
Type of burden
APPLICATION PURSUANT TO
SECTION 19 OF THE FEDERAL
DEPOSIT INSURANCE ACT.
Estimated
number of
respondents
Reporting ...........
Estimated
number of
responses
75
Estimated
time per
response
1
Frequency
of
response
16
Total annual
estimated
burden
(hours)
On Occasion ......
1,200
TOTAL HOURLY BURDEN ....
1,200
General Description of Collection:
Section 19 of the Federal Deposit
Insurance Act (FDI), 12 U.S.C. Section
1829, requires the FDIC’s consent prior
to any participation in the affairs of an
insured depository institution by a
person who has been convicted of
crimes involving dishonesty or breach
of trust, and included drug-related
convictions. To obtain that consent, an
insured depository institution must
submit an application to the FDIC for
approval on Form FDIC 6710/07.
2. Title: Interagency Guidance on
Asset Securitization Activities
OMB Number: 3064–0137.
Form Number: None.
Affected Public: Insured State
Nonmember Banks and Savings
Associations.
BURDEN ESTIMATE
sradovich on DSK3GMQ082PROD with NOTICES
Type of burden
Asset Securitization Policies—New
Entrant.
Asset Securitization Policies—Upgrades of Policies.
Documentation of Fair Value ..........
MIS Improvements—New Entrant ..
MIS Improvements—Systems Upgrades.
Estimated
number of
respondents
Estimated
number of
responses
Estimated
time per
response
Frequency
of
response
Total annual
estimated
burden
(hours)
Recordkeeping ...
1
1
32
On Occasion ......
32
Recordkeeping ...
2
1
3
On Occasion ......
6
Recordkeeping ...
Recordkeeping ...
Recordkeeping ...
22
1
2
1
1
1
4
21
5
On Occasion ......
On Occasion ......
On Occasion ......
88
21
10
TOTAL HOURLY BURDEN ....
157
General Description of Collection: The
Interagency Guidance on Asset
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Securitization Activities informs
bankers and examiners of safe and
PO 00000
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Fmt 4703
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sound practices regarding asset
securitization. The information
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Federal Register / Vol. 82, No. 7 / Wednesday, January 11, 2017 / Notices
collections contained in the Interagency
Guidance are needed by institutions to
manage their asset securitization
activities in a safe and sound manner.
Bank management uses this information
as the basis for the safe and sound
operation of their asset securitization
activities and to ensure that they
minimize operational risk in these
activities.
Request for Comment
Comments are invited on: (a) Whether
the collections of information are
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the collections of information,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collections of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Dated at Washington, DC, this 5th day of
January 2017.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 2017–00362 Filed 1–10–17; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL HOUSING FINANCE
AGENCY
[No. 2017–N–01]
Proposed Collection; Comment
Request
Federal Housing Finance
Agency.
ACTION: 30-day notice of submission of
information collection for approval from
Office of Management and Budget.
AGENCY:
In accordance with the
requirements of the Paperwork
Reduction Act of 1995, the Federal
Housing Finance Agency (FHFA or the
Agency) is seeking public comments
concerning the information collection
known as ‘‘Community Support
Requirements,’’ which was assigned
control number 2590–0005 by the Office
of Management and Budget (OMB).
FHFA intends to submit the information
collection to OMB for review and
approval of a reinstatement of the
control number, which expired on
February 29, 2016, for a period of three
years.
sradovich on DSK3GMQ082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
19:05 Jan 10, 2017
Jkt 241001
Interested persons may submit
comments on or before February 10,
2017.
ADDRESSES: Submit comments to the
Office of Information and Regulatory
Affairs of the Office of Management and
Budget, Attention: Desk Officer for the
Federal Housing Finance Agency,
Washington, DC 20503, Fax: (202) 395–
3047, Email: OIRA_submission@
omb.eop.gov. Please also submit
comments to FHFA, identified by
‘‘Proposed Collection; Comment
Request: ‘Community Support
Requirements, (No. 2017–N–01)’ ’’ by
any of the following methods:
• Agency Web site: www.fhfa.gov/
open-for-comment-or-input.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments. If
you submit your comment to the
Federal eRulemaking Portal, please also
send it by email to FHFA at
[email protected] to ensure
timely receipt by the agency.
• Courier/Hand Delivery, U.S. Mail,
United Parcel Service, Federal Express,
or Other Mail Service: The mailing
address for comments is: Alfred M.
Pollard, General Counsel, Federal
Housing Finance Agency, 400 Seventh
Street SW., Eighth Floor, Washington,
DC 20219. Courier/Hand Delivery
packages must be delivered on business
days between 9 a.m. and 5 p.m.
We will post all public comments we
receive without change, including any
personal information you provide, such
as your name and address, email
address, and telephone number, on the
FHFA Web site at http://www.fhfa.gov.
In addition, copies of all comments
received will be available for
examination by the public on business
days between the hours of 10 a.m. and
3 p.m., at the Federal Housing Finance
Agency, Eighth Floor, 400 Seventh
Street SW., Washington, DC 20219. To
make an appointment to inspect
comments, please call the Office of
General Counsel at (202) 649–3804.
FOR FURTHER INFORMATION CONTACT:
Deattra D. Perkins, Senior Policy
Analyst, Division of Housing Mission &
Goals, [email protected], (202)
649–3133; or Sylvia C. Martinez,
Manager, Federal Home Loan Bank
Housing and Community Investment
Programs, Division of Housing Mission
& Goals, [email protected], (202)
649–3301 (these are not toll-free
numbers); Federal Housing Finance
Agency, 400 Seventh Street SW.,
Washington, DC 20219. The
Telecommunications Device for the
Hearing Impaired is (800) 877–8339.
SUPPLEMENTARY INFORMATION:
DATES:
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A. Background
The Federal Home Loan Bank System
consists of eleven regional Federal
Home Loan Banks (Banks) and the
Office of Finance (a joint office of the
Banks that issues and services their debt
securities). The Banks are wholesale
financial institutions, organized under
authority of the Federal Home Loan
Bank Act (Bank Act) to serve the public
interest by enhancing the availability of
residential housing finance and
community lending credit through their
member institutions and, to a limited
extent, through eligible non-member
‘‘housing associates.’’ 1 Each Bank is
structured as a regional cooperative that
is owned and controlled by member
financial institutions located within its
district, which are also its primary
customers.
Section 10(g)(1) of the Bank Act
requires the Director of FHFA to
promulgate regulations establishing
standards of community investment or
service that Bank member institutions
must meet in order to maintain access
to long-term advances (i.e., loans with a
maturity of five years or greater made by
a Bank to a member).2 Section 10(g)(2)
of the Bank Act requires that, in
establishing these community support
requirements for Bank members, FHFA
take into account factors such as the
member’s performance under the
Community Reinvestment Act of 1977
(CRA)3 and record of lending to firsttime homebuyers.4 FHFA’s community
support regulation, which establishes
standards and review criteria for
determining compliance with section
10(g) of the Bank Act, is set forth at 12
CFR part 1290.
Part 1290 requires that each Bank
member submit to FHFA biennially a
completed Community Support
Statement (Form 060), which contains
several short questions the answers to
which are used by FHFA to assess the
responding member’s compliance with
the community support standards.5
Previously, this was accomplished by
requiring approximately one-eighth of
all members to submit a completed
Form in each calendar quarter of a twoyear review cycle. Under new
streamlined procedures that FHFA is in
the process of implementing, all
members subject to community support
review will be required to submit a
1 Certain non-member entities are permitted by
statute to engage in limited business activities with
a Bank. See 12 U.S.C. 1430b. FHFA’s regulations
refer to these entities as ‘‘housing associates.’’ See
12 CFR part 1264.
2 See 12 U.S.C. 1430(g)(1).
3 12 U.S.C. 2901 et seq.
4 See 12 U.S.C. 1430(g)(2).
5 See 12 CFR 1290.2(b).
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| File Type | application/pdf |
| File Modified | 2017-01-11 |
| File Created | 2017-01-11 |