Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 4908-4909 [2014-01856]
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4908
Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices
continue also to conduct the MIRS, from
which the data used to derive the ARM
Index was obtained. The Finance Board
conducted the MIRS and produced the
ARM Index from 1989 through 2008,
when Congress abolished that agency
and transferred its responsibilities to the
newly-created FHFA.2
Since 2008, FHFA has continued to
conduct the MIRS and produce the
ARM Index.3 By statute, MIRS data is
one of the factors that FHFA is required
to consider in assessing the national
average one-family house price for
purposes of periodically adjusting the
conforming mortgage loan limits of
Fannie Mae and Freddie Mac.4 In
addition, statutes in several states and
U.S. territories, including California,
Michigan, Minnesota, New Jersey,
Wisconsin, and the Virgin Islands, refer
to, or rely upon, the MIRS.5
Many lenders use FHFA’s ARM
Index, derived from MIRS data, to set
interest rates on fixed rate loans. In
addition, businesses, trade associations,
and government agencies at both the
federal and state level rely upon the
MIRS data for various business and
regulatory purposes. For example,
economic policy makers have used the
MIRS data to determine trends in the
mortgage markets, including interest
rates, down payments, terms to
maturity, terms on ARMs, and initial
fees and charges on mortgage loans.
Other federal banking agencies, such as
the Board of Governors of the Federal
Reserve System and the Council of
Economic Advisors, have used the MIRS
results for research purposes.
The OMB number for the information
collection is 2590–0004, which is due to
expire on March 31, 2014. The likely
respondents are mortgage lenders in the
United States.
mstockstill on DSK4VPTVN1PROD with NOTICES
B. Burden Estimate
FHFA estimates the total annual
number of respondents at 70 with 6
responses per respondent (because not
every respondent will have new
mortgage loans to report every month).
The estimate for the average time per
response is 20 minutes. The combined
estimate for the total annual hour
2 See Housing and Economic Recovery Act of
2008 (HERA), Public Law 110–289, Div. A, Title III,
§ 1312, 122 Stat. 2794, codified at 12 U.S.C. 4511
note.
3 The MIRS and the ARM Index are described at
12 CFR 906.5.
4 See 12 U.S.C. 4542.
5 See, e.g., Cal. Civ. Code §§ 1916.7 and 1916.8
(mortgage rates); Mich. Comp. Laws § 445.1621(d)
(mortgage index rates); Minn. Stat. § 92.06
(payments for state land sales); N.J. Rev. Stat.
31:1–1 (interest rates); Wis. Stat. § 138.056 (variable
loan rates); V.I. Code Ann. tit. 11, § 951 (legal rate
of interest).
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18:24 Jan 29, 2014
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burden is 140 hours (70 respondents ×
6 responses × 0.33 hours).
C. Comment Request
FHFA requests written comments on
the following: (1) Whether the collection
of information is necessary for the
proper performance of FHFA functions,
including whether the information has
practical utility; (2) the accuracy of
FHFA’s estimates of the burdens of the
collection of information; (3) ways to
enhance the quality, utility, and clarity
of the information collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Dated: January 23, 2014.
Kevin Winkler,
Chief Information Officer, Federal Housing
Finance Agency.
[FR Doc. 2014–01742 Filed 1–29–14; 8:45 am]
BILLING CODE 8070–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than February
19, 2014.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1 B. Scott White and Blaine Scott
White, II, both of Castlewood, Virginia,
The B. Scott White Trust, the sole
trustee of which is B. Scott White, and
Tiffany C. White, Evergreen, Colorado;
Sky Investments, LLC, Castlewood,
Virginia, with its members Tiffany C.
White, Blaine S. White II, and The B.
Scott White Trust; SBTB, L.P., a
proposed qualified family partnership,
the partners of which are The B. Scott
White Trust, Tiffany C. White and
PO 00000
Frm 00045
Fmt 4703
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Blaine S. White, II; B. Scott White IRA
and; the group acting in concert to
control voting shares of New Peoples
Bankshares, Inc., Honaker, Virginia, and
thereby indirectly control New Peoples
Bank, Inc., Honaker, Virginia.
Board of Governors of the Federal Reserve
System, January 27, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–01857 Filed 1–29–14; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The applications will also be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than February 26,
2014.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23261–4528:
1. Aquesta Financial Holdings, Inc.,
Cornelius, North Carolina; to become a
bank holding company through the
acquisition of 100 percent of the voting
shares of Aquesta Bank, Cornelius,
North Carolina
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30JAN1
4909
Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices
Board of Governors of the Federal Reserve
System, January 27, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–01856 Filed 1–29–14; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Office of the Secretary
[Document Identifier: HHS–OS–21354–60D]
Agency Information Collection
Activities; Proposed Collection; Public
Comment Request
HHS/Office of the National
Coordinator for Health Information
Technology, (ONC).
ACTION: Notice.
AGENCY:
In compliance with section
3506(c)(2)(A) of the Paperwork
Reduction Act of 1995, the Office of the
Secretary (OS), Department of Health
and Human Services, announces plans
to submit an Information Collection
Request (ICR), described below, to the
Office of Management and Budget
(OMB). The ICR is for extending the use
of the approved information collection
assigned OMB control number 0955–
0006, which expires on March 31, 2014.
Prior to submitting that ICR to OMB, OS
seeks comments from the public
SUMMARY:
regarding the burden estimate, below, or
any other aspect of the ICR.
DATES: Comments on the ICR must be
received on or before March 31, 2014.
ADDRESSES: Submit your comments to
Information.CollectionClearance@
hhs.gov or by calling (202) 690–6162.
FOR FURTHER INFORMATION CONTACT:
Information Collection Clearance staff,
Information.CollectionClearance@
hhs.gov or (202) 690–6162.
SUPPLEMENTARY INFORMATION: When
submitting comments or requesting
information, please include the
document identifier HHS–OS–21354–
60D for reference.
Information Collection Request Title:
ARRA Section 3013 State Health
Information Exchange Cooperative
Agreement Program: State Plans.
OMB No.: 0955–0006.
Abstract: States and QSDEs will be
required to submit annual update to the
State Plans reflecting updates in legal,
policy, or technical infrastructure
changes, as well as expanded content on
sustainability and business planning for
the HIE services fostered through the
cooperative agreement, evaluation of the
project, and alignment with other
Federal programs authorized in
HITECH. ONC will issue future PINs to
provide additional guidance to States
and QSDEs on the annual updates to
Plan content areas needed. Annual
updates to the plan are required oneyear from the approval date of the State
Plan.
Need and Proposed Use of the
Information: ONC program and grants
staff will use project management
timelines and milestones provided in
the State Plans to monitor progress to
expand health information capacity
within the states. The development and
provision of technical assistance on
state, regional and national levels will
be based on the State Plans’ content.
ONC intent to use the State Plans’
content to highlight best practices,
identify areas in need of technical
assistance, and document progress to
program goals.
Likely Respondents: State government
or Qualified State Designated Entity.
Burden Statement: Burden in this
context means the time expended by
persons to generate, maintain, retain,
disclose or provide the information
requested. This includes the time
needed to review instructions, to
develop, acquire, install and utilize
technology and systems for the purpose
of collecting, validating and verifying
information, processing and
maintaining information, and disclosing
and providing information, to train
personnel and to be able to respond to
a collection of information, to search
data sources, to complete and review
the collection of information, and to
transmit or otherwise disclose the
information. The total annual burden
hours estimated for this ICR are
summarized in the table below.
TOTAL ESTIMATED ANNUALIZED BURDEN—HOURS
Number of
respondents
Form name
Number of
responses per
respondent
Average
burden per
response
(in hours)
Total burden
hours
56
56
1
1
3341.3
500
187,113
28000
Total ..........................................................................................................
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State Plans Strategic Operational ...................................................................
Subsequent updates to the State Plan ...........................................................
........................
........................
........................
215,113
OS specifically requests comments on
(1) the necessity and utility of the
proposed information collection for the
proper performance of the agency’s
functions, (2) the accuracy of the
estimated burden, (3) ways to enhance
the quality, utility, and clarity of the
information to be collected, and (4) the
use of automated collection techniques
or other forms of information
technology to minimize the information
collection burden.
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Darius Taylor,
Deputy, Information Collection Clearance
Officer.
Centers for Disease Control and
Prevention
[FR Doc. 2014–01846 Filed 1–29–14; 8:45 am]
[30-Day–14–14HM]
BILLING CODE 4150–45–P
Agency Forms Undergoing Paperwork
Reduction Act Review
The Centers for Disease Control and
Prevention (CDC) publishes a list of
information collection requests under
review by the Office of Management and
Budget (OMB) in compliance with the
Paperwork Reduction Act (44 U.S.C.
Chapter 35). To request a copy of these
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30JAN1
Agencies
[Federal Register Volume 79, Number 20 (Thursday, January 30, 2014)]
[Notices]
[Pages 4908-4909]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01856]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other
applicable statutes and regulations to become a bank holding company
and/or to acquire the assets or the ownership of, control of, or the
power to vote shares of a bank or bank holding company and all of the
banks and nonbanking companies owned by the bank holding company,
including the companies listed below.
The applications listed below, as well as other related filings
required by the Board, are available for immediate inspection at the
Federal Reserve Bank indicated. The applications will also be available
for inspection at the offices of the Board of Governors. Interested
persons may express their views in writing on the standards enumerated
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the
acquisition of a nonbanking company, the review also includes whether
the acquisition of the nonbanking company complies with the standards
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted,
nonbanking activities will be conducted throughout the United States.
Unless otherwise noted, comments regarding each of these
applications must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than February 26, 2014.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Aquesta Financial Holdings, Inc., Cornelius, North Carolina; to
become a bank holding company through the acquisition of 100 percent of
the voting shares of Aquesta Bank, Cornelius, North Carolina
[[Page 4909]]
Board of Governors of the Federal Reserve System, January 27,
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-01856 Filed 1-29-14; 8:45 am]
BILLING CODE 6210-01-P