30-Day FR Notice

1557-0243 30-Day FR Notice - SAFE Act (89 FR 63492).pdf

Registration of Mortgage Loan Originators

30-Day FR Notice

OMB: 1557-0243

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63492

Federal Register / Vol. 89, No. 150 / Monday, August 5, 2024 / Notices

including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0332’’ or ‘‘Bank Appeals Follow-Up
Questionnaire.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC

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asks the OMB to extend its approval of
the collection in this notice.
Title: Bank Appeals Follow-Up
Questionnaire.
OMB Control No.: 1557–0332.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: The OCC’s Office of the
Ombudsman (Ombudsman) is
committed to assessing its efforts to
provide a fair and expeditious appeal
process to institutions under OCC
supervision. To perform this
assessment, it is necessary to obtain
feedback from individual appellant
institutions on the effectiveness of the
Ombudsman’s efforts to provide a fair
and expeditious appeals process and
suggestions on ways to enhance the
bank appeals process. For each Bank
Appeals Follow-Up Questionnaire
submitted, the Ombudsman uses the
information gathered to assess the
OCC’s adherence to OCC Bulletin 2013–
15, ‘‘Bank Appeals Process,’’ dated June
7, 2013, and to enhance its bank appeals
program.
Estimated Burden:
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents: 5.
Estimated Total Annual Burden: 0.85
hours.1
Comments: On May 31, 2024, the OCC
published a 60-day notice for this
information collection, (89 FR 47236).
No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Eden M. Gray,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2024–17244 Filed 8–2–24; 8:45 am]
BILLING CODE 4810–33–P
1 The 60-Day FRN erroneously published the
Estimated Total Annual Burden as 85 hours. The
burden number should have been published as 0.85
hours.

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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Registration of Mortgage Loan
Originators
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning the
revision to its information collection
titled, ‘‘Registration of Mortgage Loan
Originators.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be received by
September 4, 2024.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:
• Email: [email protected].
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0243, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0243’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. Comments received,
including attachments and other
supporting materials, are part of the
public record and subject to public
disclosure. Do not include any
information in your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
Written comments and
recommendations for the proposed
SUMMARY:

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lotter on DSK11XQN23PROD with NOTICES1

Federal Register / Vol. 89, No. 150 / Monday, August 5, 2024 / Notices
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0243’’ or ‘‘Registration of Mortgage Loan
Originators.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.
Title: Registration of Mortgage Loan
Originators.
OMB Control No.: 1557–0243.
Description: The Secure and Fair
Enforcement for Mortgage Licensing Act
(the S.A.F.E. Act or Act) 1 requires an
1 The S.A.F.E. Act was enacted as part of the
Housing and Economic Recovery Act of 2008,
Public Law 110–289, Division A, Title V, sections

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employee of a Federally-regulated bank,
savings association, credit union, or
farm credit institution and their
subsidiaries (collectively, institutions)
who engages in the business of a
residential mortgage loan originator
(MLO) and does not qualify for the de
minimis exception to register with the
Nationwide Mortgage Licensing System
and Registry (Registry) and obtain a
unique identifier. Further, the S.A.F.E.
Act provides that institutions must
require their employees who act as
MLOs to comply with the Act’s
registration requirements and obtain a
unique identifier. Institutions must also
adopt and follow written policies and
procedures to ensure compliance with
these requirements.
Among other things, the Registry is
intended to aggregate and improve the
flow of information to and between
regulators; provide increased
accountability and tracking of mortgage
loan originators; enhance consumer
protections; reduce fraud in the
residential mortgage loan origination
process; and provide consumers with
easily accessible information at no
charge regarding the employment
history of, and the publicly adjudicated
disciplinary and enforcement actions
against, MLOs.
Along with the Board of Governors of
the Federal Reserve System, the Federal
Deposit Insurance Corporation, the
National Credit Union Administration,
and the Farm Credit Administration, the
OCC issued a final rule implementing
the S.A.F.E. Act.2 The Dodd-Frank Wall
Street Reform and Consumer Protection
Act (Dodd-Frank Act), Public Law 111–
203, later provided for the transfer of
this rule to the Consumer Financial
Protection Bureau (CFPB), and the CFPB
republished this rule as 12 CFR part
1007.3 However, the OCC retains
enforcement authority for national
banks, Federal savings associations, and
Federal branches and agencies of foreign
banks with total assets of $10 billion or
less.4
MLO Reporting Requirements
Except in situations where the de
minimis exception applies, 12 CFR
1007.103 requires an employee of an
institution who acts as an MLO to
register with the Registry, obtain a
unique identifier, and maintain and
update such registration. This section
also requires institutions to require their
1501–1517, 122 Stat. 2654, 2810–2824 (July 30,
2008), codified at 12 U.S.C. 5101–5116.
2 75 FR 44656 (July 28, 2010), as corrected in 75
FR 51623 (Aug. 23, 2010).
3 76 FR 78483 (Dec. 19, 2011).
4 See section 1025 of the Dodd-Frank Act,
codified at 12 U.S.C. 5515.

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63493

MLO employees to comply with these
requirements. Section 1007.103(d) sets
forth the categories of information that
an institution must require each MLO
employee to submit to the Registry or
submit on the employee’s behalf. This
section also requires each MLO
employee to submit to the Registry an
attestation as to the correctness of the
information submitted and an
authorization for the Registry and the
employing institution to obtain certain
additional information related to the
employee.
MLO Disclosure Requirement
Section 1007.105(b) requires MLOs to
provide their unique identifier to a
consumer upon request, before acting as
an MLO, and through the originator’s
initial written communication with a
consumer, if any, whether on paper or
electronically.
Financial Institution Reporting
Requirements
Section 1007.103(e) specifies the
institution-related and employee
information an institution must submit
to the Registry in connection with the
initial registration of one or more MLOs
and annually thereafter. The institution
also must update this information
within 30 days of the date that this
information becomes inaccurate.
Employees of the institution who
submit information to the Registry on
behalf of the institution must verify
their identity and attest that they have
the authority to enter data on behalf of
the institution, that the information
submitted is correct, and that the
covered financial institution will keep
the required information current and
will file accurate supplementary
information on a timely basis.
Financial Institution Disclosure
Requirements
Section 1007.105(a) requires the
institution to make the unique
identifiers of its MLO employees
available to consumers in a manner and
method practicable to the institution.
Financial Institution Recordkeeping
Requirements
Section 1007.104 requires that an
institution that employs one or more
MLOs to adopt and follow written
policies and procedures to, at a
minimum, address certain specified
areas related to MLO registration. These
policies must be appropriate to the
nature, size and complexity of the
institution’s mortgage lending activities
and apply only to those employees
acting within the scope of their
employment at the institution.

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Federal Register / Vol. 89, No. 150 / Monday, August 5, 2024 / Notices

Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Estimated Frequency of Response: On
occasion.
Estimated Number of Respondents:
90,574.
Estimated Total Annual Burden:
40,671 hours.
Comments: On May 28, 2024, the OCC
published a 60-day notice for this
information collection, (89 FR 46303).
No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Eden M. Gray,
Assistant Director, Office of the Comptroller
of the Currency.
[FR Doc. 2024–17147 Filed 8–2–24; 8:45 am]
BILLING CODE 4810–33–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0760]

Agency Information Collection Activity
Under OMB Review: Paralympics &
Olympics Monthly Training Allowance
Application and Certification
Veterans Health
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Health Administration (VHA),
Department of Veterans Affairs, will
submit the collection of information
abstracted below to the Office of
Management and Budget (OMB) for
review and comment. The PRA
submission describes the nature of the
information collection and its expected
cost and burden, and it includes the
actual data collection instrument.

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SUMMARY:

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Comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice by clicking on the following link
www.reginfo.gov/public/do/PRAMain,
select ‘‘Currently under Review—Open
for Public Comments’’, then search the
list for the information collection by
Title or ‘‘OMB Control No. 2900–0760.’’
FOR FURTHER INFORMATION CONTACT:
Program-specific information: Veta
Brooks-Berryman, 202–480–4633,
[email protected].
VA PRA information: Maribel Aponte,
202–461–8900, vacopaperworkreduact@
va.gov.
SUPPLEMENTARY INFORMATION:
Title: Paralympics & Olympics
Monthly Training Allowance
Application and Certification (VA
Forms 0918a & 0918b).
OMB Control Number: 2900–0760.
https://www.reginfo.gov/public/do/
PRASearch.
Type of Review: Revision of a
currently approved collection.
Abstract: Section 703 of the Veterans’
Benefits Improvement Act of 2008,
Public Law 110–389, authorizes the
Department of Veterans Affairs (VA) to
administer a monthly assistance
allowance to a veteran with a serviceconnected or non-service-connected
disability if the veteran is competing for
a slot on or selected for the United
States Paralympics and Olympics team
or is residing at a United States
Paralympics or Olympics training
center. The Office of National Veterans
Sports Programs and Special Events will
use VA Forms 0918a and 0918b to
collect information to certify eligibility
for the monthly assistance allowance,
verify the veteran’s mailing address,
confirm that he or she has been
accepted by the Paralympics or
Olympics to compete in a specific
Paralympic or Olympic sport, and to
determine their marital status and
number of dependents for the purpose
of assessing payment amounts.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 89 FR
46993, May 30, 2024.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 43 hours.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: Once
annually.
DATES:

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Estimated Number of Respondents:
170.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer, Office of
Enterprise and Integration, Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2024–17215 Filed 8–2–24; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
Solicitation of Nominations for
Appointment to the Geriatrics and
Gerontology Advisory Committee
Department of Veterans Affairs.
Notice of Geriatrics and
Gerontology Advisory Committee
appointment.

AGENCY:
ACTION:

The Department of Veterans
Affairs (VA), Office of Geriatrics and
Extended Care, is seeking nominations
of qualified candidates to be considered
for appointment as a member of the
Geriatrics and Gerontology Advisory
Committee (herein-after in this section
referred to as ‘‘the Committee’’). The
Committee advises the VA Secretary
and the Under Secretary for Health on
all matters pertaining to geriatrics and
gerontology. This solicitation is targeted
to those with expertise related to the
Geriatric Research, Education, and
Clinical Center (GRECC) program.
DATES: Nominations of qualified
candidates are being sought to fill
vacancies on the Committee.
Nominations for membership on the
Committee must be received no later
than 5 p.m. eastern time on September
13th, 2024.
ADDRESSES: All nominations should be
emailed to Marianne Shaughnessy,
Ph.D., AGPCNP–BC, GS–C, FAAN, at
[email protected].
FOR FURTHER INFORMATION CONTACT:
Marianne Shaughnessy, Ph.D.,
AGPCNP–BC, GS–C, FAAN, at 202–
407–6798 or at Marianne.Shaughnessy@
va.gov. A copy of the Committee charter
and list of the current membership can
also be obtained by contacting Dr.
Shaughnessy.
SUPPLEMENTARY INFORMATION: The
Committee’s areas of interest include
but are not limited to: (1) assessing the
capability of VA health care facilities to
respond with the most effective and
appropriate services possible to the
medical, psychological and social needs
of Veterans facing the consequences of
aging, serious illness or disability; and
(2) advancing scientific knowledge to
meet those needs by enhancing geriatric
SUMMARY:

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