Agency Information Collection Activities: Proposed Information Collection; Comment Request; Domestic Credit Card Data, 53101-53102 [2014-21130]

Download as PDF rmajette on DSK2TPTVN1PROD with NOTICES Federal Register / Vol. 79, No. 172 / Friday, September 5, 2014 / Notices 401 14th Street SW., Suite 271 D, Washington, DC 20227. ‘‘Data Transparency Town Hall RSVP’’ should be written on the envelope. Because paper mail in the Washington, DC area may be subject to delay, it is recommended that you RSVP electronically. Please include your name, affiliation (or indicate ‘‘self’’), address, email address, telephone number, and indicate whether you wish to make a presentation, in your RSVP. Procedures for submitting public comments or presentation materials: Persons wishing to present at the meeting should email their written comments and/or presentation materials to Ms. Renata Maziarz at Renata.Maziarz@fiscal.treasury.gov and write ‘‘September 26, 2014, 2014 Data Transparency Town Hall public comment’’ in the subject line. Please provide these written comments or presentation materials on the topics listed above no later than September 19, 2014. You may mail your public comments or presentation materials to Ms. Renata Maziarz, Bureau of the Fiscal Service, 401 14th Street SW., Suite 271 D, Washington, DC 20227, ‘‘Data Transparency Town Hall public comment’’ should be written on the envelope. Because paper mail in the Washington, DC area may be subject to delay, it is recommended that you submit your comments or presentation materials electronically. Presentations: Treasury will provide the necessary visual equipment to project the submitted presentations to the audience the day of the meeting. Hard copies will not be provided. Space and Time Limitations: There will be limited space for this meeting; therefore, public and private stakeholders who have submitted written comments and/or signed up in advance to make presentations will be given priority in attending this meeting and speaking at the Data Transparency Town Hall. A time limit of no more than 20 minutes each (followed by a 10 minute question and answer session) will be placed on those members of the public wishing to speak at the meeting. Treasury will make every effort to hear the individual views of all interested persons. Treasury plans to conduct the meeting in a fashion that will facilitate the orderly conduct of business. Meeting Record: The submitted presentations will be the only record of the meeting and will be posted on the Bureau of the Fiscal Service’s Web site after the public meeting. Arrival: Interested parties are encouraged to arrive at least 30 minutes early to accommodate security procedures. A valid government-issued VerDate Mar<15>2010 14:29 Sep 04, 2014 Jkt 232001 photo identification card will be required to enter the building. Additional clearance information will be obtained from attendees and presenters once they are selected. Special Accommodations: The public meeting is physically accessible to people with disabilities. Requests for sign language interpretation or other auxiliary aids should be directed to Ms. Renata Maziarz at least 5 working days prior to the meeting date. David A. Lebryk, Fiscal Assistant Secretary. [FR Doc. 2014–21213 Filed 9–4–14; 8:45 am] BILLING CODE 4810–39–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Proposed Information Collection; Comment Request; Domestic Credit Card 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 new 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 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 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 its proposed information collection titled, ‘‘Domestic Credit Card Data.’’ DATES: You should submit written comments by: November 4, 2014. 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–NEW, 400 7th Street SW., Suite SUMMARY: PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 53101 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 regs.comments@ 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. Upon arrival, visitors will be required to present valid government-issued photo identification and to 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 enclose any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Johnny Vilela or Mary H. Gottlieb, (202) 874– 5090, 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, 250 E Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is requesting approval on its proposed information collection: Title: Credit Card Data. OMB Control Number: To be assigned by OMB. Description: This collection involves the provision of monthly comprehensive credit card account level data to the OCC. The OCC requires this comprehensive credit card data to obtain a detailed picture of the activities of national bank credit card issuers. The scope of the credit card data includes domestic general purpose, private label, and business card portfolios (excluding corporate and government). Additionally, it includes credit bureau attributes at the account level and portfolio level data. The collection request covers all credit card receivables managed by the largest national banks credit card issuers and their subsidiaries. The credit card account level data requested uses common definitions and data elements for asset quality metrics (delinquencies, losses, etc.), forbearance activities, and segmentation by credit quality risk indicators (such as FICO scores). The credit card portfolio level data request uses common definitions and data elements for portfolio performance metrics not likely to be captured at the E:\FR\FM\05SEN1.SGM 05SEN1 rmajette on DSK2TPTVN1PROD with NOTICES 53102 Federal Register / Vol. 79, No. 172 / Friday, September 5, 2014 / Notices account level. The account level data collection frequency is monthly with credit attributes collected quarterly; and, the portfolio level data collection is quarterly using month-end data for each month in the quarter. This collection supports OCC’s efforts to perform risk-based supervision of large banks by enhancing its benchmarking and analytic capabilities. Comprehensive credit card data allows early warning analysis and benchmarking across the largest federally regulated credit card issuers. A standard set of data elements and definitions allows sound conclusions to be drawn regarding the credit card industry. The data is important and necessary to support supervisory activities to ensure the safety and soundness of the federal banking system. Type of Review: Regular review. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 17. Estimated Annual Responses per Respondent: 12. Estimated Burden per Response: 430 hours. Estimated Total Annual Burden: 87,720 hours. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless the information collection displays a currently valid OMB control number. 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. VerDate Mar<15>2010 14:29 Sep 04, 2014 Jkt 232001 Dated: August 18, 2014. Stuart E. Feldstein, Director, Legislative & Regulatory Activities Division. [FR Doc. 2014–21130 Filed 9–4–14; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Proposed Information Collection; Comment Request; Domestic Residential Home Equity Lending 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 new 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 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 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 its proposed information collection titled, ‘‘Domestic Residential Home Equity Lending Data.’’ DATES: You should submit written comments by: November 4, 2014. 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—NEW, 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 regs.comments@ 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 SUMMARY: PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 requires that visitors make an appointment to inspect comments. You may do so by calling (202) 649–6700. Upon arrival, visitors will be required to present valid government-issued photo identification and to 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 enclose any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: You can request additional information or a copy of the collection from Johnny Vilela or Mary H. Gottlieb, (202) 874– 5090, 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, 250 E Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is requesting OMB approval for the following information collection: Title: Domestic Residential Home Equity Lending Data. OMB Control Number: To be assigned by OMB. Description: Comprehensive home equity line of credit 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. Where the respondent is both the servicer and originator of a home equity loan or line of credit, the Home Equity Residential Lending Data collection would include origination data and only servicing data where the respondent services for others. Detailed loan level data would be collected monthly and portfolio level data collected quarterly. All data collected would be based on standard data and definitions. The reported loan level data items would include: Loan number; property information; loan, line, and appraisal amounts; loan documentation information; loan-to-values and debt-to income-ratios; non-personally identifiable information borrower information; bankruptcy and foreclosure status; and other detailed loan information. The reported portfolio level data would include: Total managed Home Equity portfolio (lines and loans), total securitized Home E:\FR\FM\05SEN1.SGM 05SEN1

Agencies

[Federal Register Volume 79, Number 172 (Friday, September 5, 2014)]
[Notices]
[Pages 53101-53102]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-21130]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Proposed Information 
Collection; Comment Request; Domestic Credit Card 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 new 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 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 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 its proposed information collection titled, 
``Domestic Credit Card Data.''

DATES: You should submit written comments by: November 4, 2014.

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-NEW, 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 regs.comments@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. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to 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 enclose any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Johnny Vilela or Mary H. Gottlieb, 
(202) 874-5090, 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, 250 E Street SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is requesting approval on its 
proposed information collection:
    Title: Credit Card Data.
    OMB Control Number: To be assigned by OMB.
    Description: This collection involves the provision of monthly 
comprehensive credit card account level data to the OCC. The OCC 
requires this comprehensive credit card data to obtain a detailed 
picture of the activities of national bank credit card issuers. The 
scope of the credit card data includes domestic general purpose, 
private label, and business card portfolios (excluding corporate and 
government). Additionally, it includes credit bureau attributes at the 
account level and portfolio level data. The collection request covers 
all credit card receivables managed by the largest national banks 
credit card issuers and their subsidiaries. The credit card account 
level data requested uses common definitions and data elements for 
asset quality metrics (delinquencies, losses, etc.), forbearance 
activities, and segmentation by credit quality risk indicators (such as 
FICO scores). The credit card portfolio level data request uses common 
definitions and data elements for portfolio performance metrics not 
likely to be captured at the

[[Page 53102]]

account level. The account level data collection frequency is monthly 
with credit attributes collected quarterly; and, the portfolio level 
data collection is quarterly using month-end data for each month in the 
quarter.
    This collection supports OCC's efforts to perform risk-based 
supervision of large banks by enhancing its benchmarking and analytic 
capabilities. Comprehensive credit card data allows early warning 
analysis and benchmarking across the largest federally regulated credit 
card issuers. A standard set of data elements and definitions allows 
sound conclusions to be drawn regarding the credit card industry. The 
data is important and necessary to support supervisory activities to 
ensure the safety and soundness of the federal banking system.
    Type of Review: Regular review.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 17.
    Estimated Annual Responses per Respondent: 12.
    Estimated Burden per Response: 430 hours.
    Estimated Total Annual Burden: 87,720 hours.
    An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless the 
information collection displays a currently valid OMB control number.
    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: August 18, 2014.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities Division.
[FR Doc. 2014-21130 Filed 9-4-14; 8:45 am]
BILLING CODE 4810-33-P