The FR 1379c form addresses the burden associated with consumers electronically submitting a complaint against a financial institution to the Federal Reserve Consumer Help (FRCH).
The FR 1379d form collects information about complaints regarding a regulated institutionâs non-compliance with the appraisal independence standards and the Uniform Standards of Professional Appraisal Practice, including complaints from appraisers, individuals, and other entities.
US Code:
12 USC 1818
Name of Law: Federal Deposit Insurance Act
US Code:
12 USC 248(a)
Name of Law: Federal Reserve Act
US Code:
12 USC 3339
Name of Law: Financial Institutions Reform, Recovery, and Enforcement Act of 1989
The decrease in total annual burden hours reflects an update to the respondent counts and standardizing the estimated average hours per response burden.
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.