Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager, 4906-4907 [2014-01799]

Download as PDF 4906 Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices For a fee this meeting can be viewed live over George Mason University’s Capitol Connection. The Capitol Connection also will carry the meeting live via the Internet. To purchase these services call (703) 993–3100 or go to www.capitolconnection.gmu.edu http:// www.capitolconnection.gmu.edu. Copies of materials adopted at this meeting can be purchased from the FCC’s duplicating contractor, Best Copy and Printing, Inc. (202) 488–5300; Fax (202) 488–5563; TTY (202) 488–5562. These copies are available in paper format and alternative media, including large print/type; digital disk; and audio and video tape. Best Copy and Printing, Inc. may be reached by email at FCC@ BCPIWEB.com mailto:FCC@ BCPIWEB.com. Dated: January 23, 2014. Federal Communications Commission. Marlene H. Dortch, Secretary, Office of the Secretary, Office of Managing Director. [FR Doc. 2014–01984 Filed 1–28–14; 11:15 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewal; Comment Request Re: Interagency Biographical and Financial Report Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the FDIC 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. As part of its continuing effort to reduce paperwork and respondent burden, the FDIC invites the general public and other Federal agencies to take this opportunity to comment on renewal of its information collection entitled Interagency Biographical and Financial Report (OMB No. 3064–0006). At the end of the comment period, any comments and recommendations received will be analyzed to determine the extent to which the collection should be modified prior to submission to OMB for review and approval. mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 18:24 Jan 29, 2014 Jkt 232001 Comments must be submitted on or before March 31, 2014. ADDRESSES: 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: comments@fdic.gov. Include the name of the collection in the subject line of the message. • Mail: Leneta G. Gregorie (202–898– 3719), Counsel, Room NYA–5050, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • 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 a.m. and 5 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. A copy of the form can be accessed via the following link: http://www.fdic.gov/ formsdocuments/Bio-FinReport.pdf. FOR FURTHER INFORMATION CONTACT: Leneta Gregorie, at the FDIC address above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collections of information: Title: Interagency Biographical and Financial Report. OMB Number: 3064–0006. Frequency of Response: On occasion. Affected Public: Insured state nonmember banks and state savings associations. Estimated Number of Respondents: 619. Estimated Time per Response: 4 hours. Total Estimated Annual Burden: 2476 hours. General Description of Collection: The Interagency Biographical and Financial Report is submitted to the FDIC by each director or officer of a proposed or operating financial institution applying for federal deposit insurance as a state nonmember bank or state savings association. The FDIC uses the information to evaluate the general character of bank management as required by the Federal Deposit Insurance Act (12 U.S.C. 1828(c)). DATES: Request for Comment Comments are invited on: (a) Whether the collection of information is PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 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 information collection, 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 information collection 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 24th day of January, 2014. Robert E. Feldman, Executive Secretary, Federal Deposit Insurance Corporation. [FR Doc. 2014–01741 Filed 1–29–14; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager Federal Deposit Insurance Corporation. AGENCY: Update Listing of Financial Institutions in Liquidation. ACTION: Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institutions effective as of the Date Closed as indicated in the listing. This list (as updated from time to time in the Federal Register) may be relied upon as ‘‘of record’’ notice that the Corporation has been appointed receiver for purposes of the statement of policy published in the July 2, 1992 issue of the Federal Register (57 FR 29491). For further information concerning the identification of any institutions which have been placed in liquidation, please visit the Corporation Web site at www.fdic.gov/bank/ individual/failed/banklist.html or contact the Manager of Receivership Oversight in the appropriate service center. SUMMARY: Dated: January 22, 2014. Federal Deposit Insurance Corporation. Pamela Johnson, Regulatory Editing Specialist. E:\FR\FM\30JAN1.SGM 30JAN1 4907 Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices INSTITUTIONS IN LIQUIDATION [In alphabetical order] FDIC Ref. No. Bank name City State Date closed 10492 ....... DuPage National Bank ............................................. West Chicago ............................................................ IL ..... 1/17/2014 [FR Doc. 2014–01799 Filed 1–29–14; 8:45 am] BILLING CODE 6714–01–P FEDERAL HOUSING FINANCE AGENCY [No. 2014–N–2] Proposed Collection; Comment Request Federal Housing Finance Agency. ACTION: 60-day Notice of submission of information collection for approval from the Office of Management and Budget. AGENCY: In accordance with the requirements of the Paperwork Reduction Act of 1995, the Federal Housing Finance Agency (FHFA) is seeking public comments concerning the currently-approved information collection ‘‘Monthly Survey of Rates and Terms on Conventional 1-Family Nonfarm Mortgage Loans,’’ which has been assigned control number 2590– 0004 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on March 31, 2014. DATES: Interested persons may submit comments on or before March 31, 2014. ADDRESSES: Submit comments to FHFA using any one of the following methods: • 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 Regcomments@fhfa.gov to ensure timely receipt by the agency. • Email: Regcomments@fhfa.gov. Please include Proposed Collection; Comment Request: ‘‘Monthly Survey of Rates and Terms on Conventional 1Family Nonfarm Mortgage Loans, (No. 2014–N–2)’’ in the subject line of the message. • Mail/Hand Delivery: Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024, ATTENTION: Public Comments/Proposed Collection; Comment Request: ‘‘Monthly Survey of Rates and Terms on Conventional 1- mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 18:24 Jan 29, 2014 Jkt 232001 Family Nonfarm Mortgage Loans, (No. 2014–N–2).’’ We will post all public comments we receive without change, including any personal information you provide, such as your name, 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 20024. To make an appointment to inspect comments, please call the Office of General Counsel at 202–649–3804. FOR FURTHER INFORMATION CONTACT: David L. Roderer, Senior Financial Analyst, 202–649–3206 (not a toll-free number), david.l.roderer@fhfa.gov, or by regular mail at the Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20024. The telephone number for the Telecommunications Device for the Hearing Impaired is 800–877–8339. SUPPLEMENTARY INFORMATION: A. Need For and Use of the Information Collection FHFA’s Monthly Survey of Rates and Terms on Conventional 1-Family NonFarm Mortgage Loans, commonly referred to as the ‘‘Monthly Interest Rate Survey’’ or ‘‘MIRS,’’ is a monthly survey of mortgage lenders that solicits information on the terms and conditions on all conventional, single-family, fully amortized, purchase-money mortgage loans closed during the last five working days of the preceding month. The MIRS collects monthly information on interest rates, loan terms, and house prices by property type (i.e., new or previously occupied), by loan type (i.e., fixed- or adjustable-rate), and by lender type (i.e., mortgage companies, savings associations, commercial banks, and savings banks), as well as information on 15-year and 30-year fixed-rate loans. In addition, the survey collects quarterly information on conventional loans by major metropolitan area and by Federal Home Loan Bank district. The MIRS does not collect information on loans insured by the Federal Housing Administration (FHA) or guaranteed by PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 the Veterans Administration (VA), loans secured by multifamily property or manufactured housing, or loans created by refinancing another mortgage. The MIRS is the most comprehensive source of information on conventional mortgage rates and terms in the United States. The MIRS originated with one of FHFA’s predecessor agencies, the former Federal Home Loan Bank Board (FHLBB) in the 1960s. Among other things, the FHLBB used data collected through the MIRS to derive its National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders (ARM Index), which was used by lenders to set mortgage rates on adjustable rate mortgages (ARMs). No statutory or regulatory provision explicitly required the FHLBB to conduct the MIRS. However, for a period in the early 1980s, federally chartered savings institutions were required to use the MIRS-derived ARM Index in setting interest rates on ARMs. Few, if any, loans from that period remain. After 1981, an unknown but likely very small proportion of lenders used the ARM Index to set interest rates on their new ARMs. In 1989, Congress enacted the Financial Institutions Reform Recovery and Enforcement Act (FIRREA), which abolished the FHLBB and created the Federal Housing Finance Board (Finance Board) to assume many of the FHLBB’s powers and responsibilities. FIRREA required the Chairperson of the Finance Board to ‘‘take such actions as may be necessary’’ to ensure that the ARM Index prepared by the FHLBB continued to be available.1 Although there was no explicit reference in FIRREA to the continuation of the MIRS, the Finance Board viewed that statutory requirement to continue to produce the ARM Index as a mandate to 1 See Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), Public Law 101–73, Title IV, § 402(e)(3), 103 Stat. 183, codified at 12 U.S.C. 1437 note. The statute permitted the Finance Board to substitute a different ARM index after notice and comment, but only if the new index was based upon data substantially similar to that of the original ARM Index and substitution of the new ARM index would result in an interest rate substantially similar to the rate in effect at the time the new ARM index replaced the existing ARM Index. See FIRREA § 402(e)(4). E:\FR\FM\30JAN1.SGM 30JAN1

Agencies

[Federal Register Volume 79, Number 20 (Thursday, January 30, 2014)]
[Notices]
[Pages 4906-4907]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01799]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Update to Notice of Financial Institutions for Which the Federal 
Deposit Insurance Corporation Has Been Appointed Either Receiver, 
Liquidator, or Manager

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Update Listing of Financial Institutions in Liquidation.

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SUMMARY: Notice is hereby given that the Federal Deposit Insurance 
Corporation (Corporation) has been appointed the sole receiver for the 
following financial institutions effective as of the Date Closed as 
indicated in the listing. This list (as updated from time to time in 
the Federal Register) may be relied upon as ``of record'' notice that 
the Corporation has been appointed receiver for purposes of the 
statement of policy published in the July 2, 1992 issue of the Federal 
Register (57 FR 29491). For further information concerning the 
identification of any institutions which have been placed in 
liquidation, please visit the Corporation Web site at www.fdic.gov/bank/individual/failed/banklist.html or contact the Manager of 
Receivership Oversight in the appropriate service center.

    Dated: January 22, 2014.

Federal Deposit Insurance Corporation.
Pamela Johnson,
Regulatory Editing Specialist.

[[Page 4907]]



                       Institutions in Liquidation
                         [In alphabetical order]
------------------------------------------------------------------------
FDIC Ref. No.     Bank name           City        State    Date closed
------------------------------------------------------------------------
10492........  DuPage National  West Chicago...  IL....       1/17/2014
                Bank.
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[FR Doc. 2014-01799 Filed 1-29-14; 8:45 am]
BILLING CODE 6714-01-P