Agency Information Collection Activities: Information Collection Revision; Comment Request; Domestic First Lien Residential Mortgage Data, 70880-70881 [2015-28896]

Download as PDF 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 16NON1 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]


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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.

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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