Agency Information Collection Activities: Information Collection Revision; Comment Request; Domestic First Lien Residential Mortgage Data, 70880-70881 [2015-28896]
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tkelley on DSK3SPTVN1PROD with NOTICES
70880
Federal Register / Vol. 80, No. 220 / Monday, November 16, 2015 / Notices
to measure the specific risk of certain
covered positions. Section 3.208
requires national banks and Federal
savings associations to obtain prior
written OCC approval for incremental
risk modeling. Section 3.209(a) requires
prior OCC approval for the use of a
comprehensive risk measure. Section
3.209(c)(2) requires national banks and
Federal savings associations to retain
and report the results of supervisory
stress testing. Section 3.210(f)(2)(i)
requires national banks and Federal
savings associations to document an
internal analysis of the risk
characteristics of each securitization
position in order to demonstrate an
understanding of the position. Section
3.212 requires quarterly quantitative
disclosures, annual qualitative
disclosures, and a formal disclosure
policy approved by the board of
directors that addresses the approach for
determining the market risk disclosures
it makes.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Number of Respondents: 13.
Estimated Burden per Respondent:
1,964 hours.
Total Estimated Annual Burden:
25,532 hours.
The OCC issued a notice for 60 days
of comment on August 10, 2015, 80 FR
47987. 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.
Dated: November 9, 2015.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and
Regulatory Activities Division.
[FR Doc. 2015–28914 Filed 11–13–15; 8:45 a.m.]
BILLING CODE 4810–33–P
VerDate Sep<11>2014
19:47 Nov 13, 2015
Jkt 238001
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Revision; Comment Request;
Domestic First Lien Residential
Mortgage Data
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 the
general public and other Federal
agencies to take this opportunity to
comment on a revision to an
information collection, as required by
the Paperwork Reduction Act of 1995
(PRA).
Under the PRA, Federal agencies are
required to publish notice in the
Federal Register concerning each
proposed collection of information,
including each proposed extension of or
revision to an existing collection of
information, and to allow 60 days for
public comment in response to the
notice.
In accordance with the requirements
of the PRA, the OCC may not conduct
or sponsor, and a 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 a
revision to its information collection
titled, ‘‘Domestic First Lien Residential
Mortgage Data.’’
DATES: You should submit written
comments by: January 15, 2016.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
subject to delay, commenters are
encouraged to submit comments by
email, if possible. Comments may be
sent to: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0331, 400 7th Street SW., Suite
3E–218, Mail Stop 9W–11, Washington,
DC 20219. In addition, comments may
be sent by fax to (571) 465–4326 or by
electronic mail to prainfo@occ.treas.gov.
You may personally inspect and
photocopy comments at the OCC, 400
7th Street SW., Washington, DC 20219.
For security reasons, the OCC requires
that visitors make an appointment to
inspect comments. You may do so by
calling (202) 649–6700 or, for persons
who are deaf or hard of hearing, TTY,
(202) 649–5597. Upon arrival, visitors
will be required to present valid
SUMMARY:
PO 00000
Frm 00134
Fmt 4703
Sfmt 4703
government-issued photo identification
and submit to security screening in
order to inspect and photocopy
comments.
All 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.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, Clearance Officer,
(202) 649–5490 or, for persons who are
deaf or hard of hearing, TTY, (202) 649–
5597, Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC
is requesting OMB approval for the
following information collection:
Title: Domestic First Lien Residential
Mortgage Data.
OMB Control Number: 1557–0331.
Description:
Comprehensive mortgage data is vital
to assessing and monitoring credit
quality and loss mitigation activities in
the residential mortgage market and the
federal banking system. This data is
important and necessary to support
supervisory activities to ensure the
safety and soundness of the federal
banking system.
The Dodd-Frank Wall Street Reform
and Regulatory Improvement Act of
2010 requires that this data be collected.
12 U.S.C. 1715z–25.
This data collection is being revised
to include aggregate values to be
calculated from data that is currently
reported in loan level format. These
aggregate values will be industry
standard measures of portfolio
performance, including but not limited
to: Outstanding loan count and unpaid
principal balance; delinquency and
liquidation ratios; and the number of
loss mitigation actions completed.
Aggregate values generally will be
reported at the total portfolio level, with
some values also reported by portfolio
segments including, but not limited to:
borrower credit class and type and
execution date of loss mitigation action.
The reported data items will still be
calculated from loan level data that
includes: Bankruptcy or foreclosure
status; and other detailed loan
information. Banks would not be
required to report this data to the OCC
monthly, but would be required to
provide it upon OCC’s request.
Type of Review: Regular review.
Affected Public: Businesses or other
for-profit.
E:\FR\FM\16NON1.SGM
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70881
Federal Register / Vol. 80, No. 220 / Monday, November 16, 2015 / Notices
Burden Estimate:
Estimated Number of Respondents:
61.
Estimated Annual Responses per
Respondent: 12 per year.
Estimated Burden per Response: 40
hours per month/per bank.
Estimated Total Annual Burden:
29,280 hours.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments become a
matter of public record. Comments are
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
shall have 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.
Dated: November 9, 2015.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities
Division.
[FR Doc. 2015–28896 Filed 11–13–15; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Fee Schedule for the Transfer of U.S.
Treasury Book-Entry Securities Held
on the National Book-Entry System
Authority: 31 CFR 357.45.
Bureau of the Fiscal Service,
Fiscal Service, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury (Treasury) is announcing a
new fee schedule applicable to transfers
of U.S. Treasury book-entry securities
maintained on the National Book-Entry
System (NBES) that occur on or after
January 4, 2016.
DATES: Effective January 4, 2016.
FOR FURTHER INFORMATION CONTACT:
Brandon Taylor or Janeene Wilson,
Bureau of the Fiscal Service, 202–504–
3550.
SUPPLEMENTARY INFORMATION: Treasury
has established a fee structure for the
transfer of Treasury book-entry
securities maintained on NBES.
Treasury reassesses this fee structure
periodically based on its review of the
latest book-entry costs and volumes.
For each transfer or reversal of
Treasury securities sent or received on
or after January 4, 2016, the basic fee
will increase from $0.75 to $0.81. The
Board of Governors of the Federal
Reserve System (Federal Reserve) will
maintain its fee for Federal Reserve
funds movement at $0.11. The funds
SUMMARY:
movement fee is not a Treasury fee, but
is charged by the Federal Reserve for the
cost of moving funds associated with
the transfer of a Treasury book-entry
security. The two fees will result in a
combined fee of $0.92 for each transfer
of Treasury book-entry securities. The
surcharge for an off-line Treasury bookentry securities transfer will remain at
$50.00. Off-line refers to the sending
and receiving of transfer messages to or
from a Federal Reserve Bank by means
other than on-line access, such as by
written, facsimile, or telephone voice
instruction. The basic transfer fee
assessed to both sends and receives is
reflective of costs associated with the
processing of securities transfers. The
off-line surcharge reflects the additional
processing costs associated with the
manual processing of off-line securities
transfers.
Treasury does not charge a fee for
account maintenance, the stripping and
reconstitution of Treasury securities, the
wires associated with original issues, or
interest and redemption payments.
Treasury currently absorbs these costs.
The fees described in this notice
apply only to the transfer of Treasury
book-entry securities held on NBES.
Information concerning fees for bookentry transfers of Government Agency
securities, which are priced by the
Federal Reserve, is set out in a separate
Federal Register notice published by
the Federal Reserve.
The following is the Treasury fee
schedule that will take effect on January
4, 2016, for book-entry transfers on
NBES:
TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 4, 2016
[In dollars]
Transfer type
tkelley on DSK3SPTVN1PROD with NOTICES
On-line
On-line
On-line
On-line
Off-line
Off-line
Off-line
Off-line
Off-line
Basic fee
transfer originated ...............................................................................
transfer received .................................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
transfer originated ...............................................................................
transfer received .................................................................................
account switch received ......................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
Dated: October 22, 2015.
David A. Lebryk,
Fiscal Assistant Secretary.
DEPARTMENT OF THE TREASURY
[FR Doc. 2015–29194 Filed 11–13–15; 8:45 am]
Proposed Collection; Comment
Request for Form 8611
N/A
N/A
N/A
N/A
50.00
50.00
0.00
50.00
50.00
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
Total fee
0.92
0.92
0.92
0.92
50.92
50.92
0.92
50.92
50.92
Notice and request for
comments.
ACTION:
Internal Revenue Service (IRS),
Treasury.
Jkt 238001
The Department of the
Treasury, 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 proposed
SUMMARY:
AGENCY:
19:47 Nov 13, 2015
Funds
movement fee
Internal Revenue Service
BILLING CODE 4810–AS–P
VerDate Sep<11>2014
Off-line
surcharge
PO 00000
Frm 00135
Fmt 4703
Sfmt 4703
E:\FR\FM\16NON1.SGM
16NON1
]]>Agencies
[Federal Register Volume 80, Number 220 (Monday, November 16, 2015)]
[Notices]
[Pages 70880-70881]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28896]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Revision; Comment Request; Domestic First Lien Residential Mortgage
Data
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: The OCC, 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 a revision to an
information collection, as required by the Paperwork Reduction Act of
1995 (PRA).
Under the PRA, Federal agencies are required to publish notice in
the Federal Register concerning each proposed collection of
information, including each proposed extension of or revision to an
existing collection of information, and to allow 60 days for public
comment in response to the notice.
In accordance with the requirements of the PRA, the OCC may not
conduct or sponsor, and a 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 a revision to its information collection titled,
``Domestic First Lien Residential Mortgage Data.''
DATES: You should submit written comments by: January 15, 2016.
ADDRESSES: Because paper mail in the Washington, DC area and at the OCC
is subject to delay, commenters are encouraged to submit comments by
email, if possible. Comments may be sent to: Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency,
Attention: 1557-0331, 400 7th Street SW., Suite 3E-218, Mail Stop 9W-
11, Washington, DC 20219. In addition, comments may be sent by fax to
(571) 465-4326 or by electronic mail to prainfo@occ.treas.gov. You may
personally inspect and photocopy comments at the OCC, 400 7th Street
SW., Washington, DC 20219. For security reasons, the OCC requires that
visitors make an appointment to inspect comments. You may do so by
calling (202) 649-6700 or, for persons who are deaf or hard of hearing,
TTY, (202) 649-5597. Upon arrival, visitors will be required to present
valid government-issued photo identification and submit to security
screening in order to inspect and photocopy comments.
All 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.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490 or, for persons who are deaf or hard of hearing, TTY,
(202) 649-5597, Legislative and Regulatory Activities Division, Office
of the Comptroller of the Currency, 400 7th Street SW., Washington, DC
20219.
SUPPLEMENTARY INFORMATION: The OCC is requesting OMB approval for the
following information collection:
Title: Domestic First Lien Residential Mortgage Data.
OMB Control Number: 1557-0331.
Description:
Comprehensive mortgage data is vital to assessing and monitoring
credit quality and loss mitigation activities in the residential
mortgage market and the federal banking system. This data is important
and necessary to support supervisory activities to ensure the safety
and soundness of the federal banking system.
The Dodd-Frank Wall Street Reform and Regulatory Improvement Act of
2010 requires that this data be collected. 12 U.S.C. 1715z-25.
This data collection is being revised to include aggregate values
to be calculated from data that is currently reported in loan level
format. These aggregate values will be industry standard measures of
portfolio performance, including but not limited to: Outstanding loan
count and unpaid principal balance; delinquency and liquidation ratios;
and the number of loss mitigation actions completed. Aggregate values
generally will be reported at the total portfolio level, with some
values also reported by portfolio segments including, but not limited
to: borrower credit class and type and execution date of loss
mitigation action.
The reported data items will still be calculated from loan level
data that includes: Bankruptcy or foreclosure status; and other
detailed loan information. Banks would not be required to report this
data to the OCC monthly, but would be required to provide it upon OCC's
request.
Type of Review: Regular review.
Affected Public: Businesses or other for-profit.
[[Page 70881]]
Burden Estimate:
Estimated Number of Respondents: 61.
Estimated Annual Responses per Respondent: 12 per year.
Estimated Burden per Response: 40 hours per month/per bank.
Estimated Total Annual Burden: 29,280 hours.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval. All comments become a
matter of public record. Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information shall have 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.
Dated: November 9, 2015.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities Division.
[FR Doc. 2015-28896 Filed 11-13-15; 8:45 am]
BILLING CODE 4810-33-P
