Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 17426-17427 [2017-07247]

Download as PDF 17426 Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices FEDERAL DEPOSIT INSURANCE CORPORATION Notice of Termination; 10049 Cape Fear Bank, Wilmington, North Carolina The Federal Deposit Insurance Corporation (FDIC), as Receiver for 10049 Cape Fear Bank, Wilmington, North Carolina (Receiver) has been authorized to take all actions necessary to terminate the receivership estate of Cape Fear Bank (Receivership Estate); the Receiver has made all dividend distributions required by law. The Receiver has further irrevocably authorized and appointed FDICCorporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary; including but not limited to releases, discharges, satisfactions, endorsements, assignments and deeds. Effective April 1, 2017, the Receivership Estate has been terminated, the Receiver discharged, and the Receivership Estate has ceased to exist as a legal entity. Dated: April 6, 2017. Robert E. Feldman, Executive Secretary, Federal Deposit Insurance Corporation. [FR Doc. 2017–07189 Filed 4–10–17; 8:45 am] BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM srobinson on DSK5SPTVN1PROD with NOTICES 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 April 25, 2017. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President), 1 Memorial Drive, Kansas City, Missouri 64198–0001: VerDate Sep<11>2014 20:18 Apr 10, 2017 Jkt 241001 1. Matthew Michaelis Trust F, Wichita Kansas; to acquire additional voting shares of Emprise Financial Corporation, and thereby indirectly acquire Emprise Bank, both of Wichita, Kansas. Additionally, Robert K. Anderson, Wichita, Kansas; to retain additional voting shares as trustee of various Michaelis Family Trusts and for approval as a member of the Michaelis Control Group, which acting in concert controls Emprise Financial Corporation. Board of Governors of the Federal Reserve System, April 6, 2017. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–07272 Filed 4–10–17; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: Notice is hereby given of the final approval of a proposed information collection by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB’s public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number. FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer —Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263– 4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. OMB Desk Officer—Shagufta Ahmed —Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW.,Washington, DC 20503. SUPPLEMENTARY INFORMATION: Final approval under OMB delegated authority of the extension for three AGENCY: PO 00000 Frm 00020 Fmt 4703 Sfmt 4703 years, without revision, of the following report: Report title: Registration of Mortgage Loan Originators. Agency form number: CFPB Reg G. OMB control number: 7100–0328. Frequency: Annually. Respondents: Employees of state member banks, certain subsidiaries of state member banks, branches and agencies of foreign banks that are regulated by the Federal Reserve, and commercial lending companies of foreign banks who act as residential mortgage loan originators (MLOs). Estimated number of respondents: MLOs (new): Initial set up and disclosure, 173 respondents; MLOs (existing): Maintenance and disclosure, 21,656 respondents; MLOs (existing): Updates for changes, 10,828 respondents; and Depository Institutions, and subsidiaries, 741 respondents. Estimated average hours per response: MLOs (new): Initial set up and disclosure, 3.5 hours; MLOs (existing): Maintenance and disclosure, 0.85 hours; MLOs (existing): Updates for changes, 0.25 hours; and Depository Institutions, and subsidiaries, 118 hours. Estimated annual burden hours: MLOs (new): Initial set up and disclosure, 606 hours; MLOs (existing): Maintenance and disclosure, 18,408 hours; MLOs (existing): Updates for changes, 2,707 hours; and Depository Institutions, and subsidiaries, 87,438 hours. General Description of Report: In accordance with the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act), the Consumer Financial Protection Bureau’s (CFPB) Regulation G requires residential mortgage loan originators (MLOs) to register with the Nationwide Mortgage Licensing System and Registry (the Registry), obtain a unique identifier, maintain this registration, and disclose to consumers upon request and through the Registry their unique identifier and the MLO’s employment history and publicly adjudicated disciplinary and enforcement actions. The CFPB’s regulation also requires the institutions employing these MLOs to adopt and follow written policies and procedures to ensure their employees comply with these requirements and to conduct annual independent compliance tests to assure compliance. The CFPB’s rule applies to a broad range of financial institutions and their employees, including Board-supervised institutions/employees, such as state member banks and their nonfunctionally-regulated subsidiaries, state uninsured branches and agencies of E:\FR\FM\11APN1.SGM 11APN1 srobinson on DSK5SPTVN1PROD with NOTICES Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices foreign banks, and commercial lending companies owned or controlled by foreign banks. Legal authorization and confidentiality: The Board’s Legal Division has determined that Section 1507 of the S.A.F.E. Act, 12 U.S.C. 5106, requires that the CFPB develop and maintain a system for registering individual MLOs of covered financial institutions regulated by a federal banking agency with the Nationwide Mortgage Licensing System and Registry. Section 1504 of the S.A.F.E. Act, (12 U.S.C. 5103), requires that an individual desiring to engage in the business of a loan originator maintain an annual federal registration (or be licensed by an equivalent state regulatory scheme) and appear on the Registry with a unique identifier. Section 1007.103 of the CFPB’s Regulation G implements this registration scheme; Section 1007.104 requires the adoption of appropriate policies and procedures by covered financial institutions; and Section 1007.105 requires that covered financial institutions provide the unique identifiers of MLOs to consumers. (12 CFR 1007.103–.105). Under Section 1061 of the Dodd-Frank Act, (12 U.S.C. 5581©), ‘‘a transferor agency [such as the Board] that is a prudential regulator shall have . . . ‘‘authority to require reports from . . . conduct examinations for . . . and enforce compliance with Federal consumer financial laws’’ with respect to the Board-supervised entities enumerated above. Therefore, the Board is authorized to collect this information with respect to the institutions we supervise for this purpose. This information collection is mandatory. As noted above, the unique identifier of MLOs must be made public and is not considered confidential. In addition, most of the information that MLOs submit in order to register with the Nationwide Mortgage Licensing System and Registry will be publicly available. However, certain identifying data about individuals who act as MLOs are entitled to confidential treatment under (b)(6) of the Freedom of Information Act (FOIA), which protects from disclosure information that ‘‘would constitute a clearly unwarranted invasion of personal privacy.’’ (5 U.S.C. 552(b)(6)). With respect to the information collection requirements imposed on depository institutions, because the requirements require that depository institutions retain their own records and make certain disclosures to customers, the FOIA would only be implicated if the Board’s examiners obtained a copy of these records as part of the examination or supervision process of a VerDate Sep<11>2014 20:18 Apr 10, 2017 Jkt 241001 financial institution. However, records obtained in this manner are exempt from disclosure under FOIA exemption (b)(8), regarding examination-related materials. (5 U.S.C. 552(b)(8)). Current Actions: On January 10, 2017 the Federal Reserve published a notice in the Federal Register (82 FR 2995) requesting public comment for 60 days on the extension, without revision, of the Registration of Mortgage Loan Originators. The comment period for this notice expired on March 13, 2017. The Federal Reserve did not receive any comments. Board of Governors of the Federal Reserve System, April 6, 2017. Ann E. Misback, Secretary of the Board. [FR Doc. 2017–07247 Filed 4–10–17; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Agency for Healthcare Research and Quality Agency Information Collection Activities: Proposed Collection; Comment Request Agency for Healthcare Research and Quality, HHS. ACTION: Notice. AGENCY: This notice announces the intention of the Agency for Healthcare Research and Quality (AHRQ) to request that the Office of Management and Budget (OMB) approve the proposed information collection project ‘‘AHRQ Research Reporting System (ARRS).’’ This proposed information collection was previously published in the Federal Register on January 11, 2017 and allowed 60 days for public comment. AHRQ did not receive any substantive comments during this period. The purpose of this notice is to allow an additional 30 days for public comment. DATES: Comments on this notice must be received by May 11, 2017. ADDRESSES: Written comments should be submitted to: AHRQ’s OMB Desk Officer by fax at (202) 395–6974 (attention: AHRQ’s desk officer) or by email at OIRA_submission@ omb.eop.gov (attention: AHRQ’s desk officer). SUMMARY: FOR FURTHER INFORMATION CONTACT: Doris Lefkowitz, AHRQ Reports Clearance Officer, (301) 427–1477, or by email at doris.lefkowitz@AHRQ.hhs.gov. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 17427 Proposed Project AHRQ Research Reporting System (ARRS) AHRQ has developed a systematic method for its grantees and vendors to report project progress and important preliminary findings for grants and contracts funded by the Agency. In accordance with the Paperwork Reduction Act, 44 U.S.C. 3501–3521, AHRQ invites the public to comment on this proposed information collection. This system, the AHRQ Research Reporting System (ARRS), previously known as the Grants Reporting System (GRS), was last approved by OMB on May 16, 2014. The system addressed the shortfalls in the previous reporting process and established a consistent and comprehensive grants reporting solution for AHRQ. The ARRS provides a centralized repository of grants and contract research progress and additional information that can be used to support initiatives within the Agency. This includes future research planning and support for administrative activities such as performance monitoring, budgeting, knowledge transfer and strategic planning. This project has the following goals: (1) To promote the transfer of critical information more frequently and efficiently and enhance the Agency’s ability to support research designed to improve the outcomes and quality of health care, reduce its costs, and broaden access to effective services. (2) To increase the efficiency of the Agency in responding to ad-hoc information requests. (3) To support Executive Branch requirements for increased transparency and public reporting. (4) To establish a consistent approach throughout the Agency for information collection regarding grant and contract progress and a systematic basis for oversight and for facilitating potential collaborations among grantees. (5) To decrease the inconvenience and burden on grantees and vendors of unanticipated ad-hoc requests for information by the Agency in response to particular one-time internal and external requests for information. This study is being conducted by AHRQ pursuant to AHRQ’s statutory authority to conduct and support research on health care and on systems for the delivery of such care, including activities with respect to the quality, effectiveness, efficiency, appropriateness and value of healthcare services and with respect to quality measurement and improvement. 42 U.S.C. 299a(a)(1) and (2). E:\FR\FM\11APN1.SGM 11APN1

Agencies

[Federal Register Volume 82, Number 68 (Tuesday, April 11, 2017)]
[Notices]
[Pages 17426-17427]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07247]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: Notice is hereby given of the final approval of a proposed 
information collection by the Board of Governors of the Federal Reserve 
System (Board) under OMB delegated authority. Board-approved 
collections of information are incorporated into the official OMB 
inventory of currently approved collections of information. Copies of 
the Paperwork Reduction Act Submission, supporting statements and 
approved collection of information instrument(s) are placed into OMB's 
public docket files. The Federal Reserve may not conduct or sponsor, 
and the respondent is not required to respond to, an information 
collection that has been extended, revised, or implemented on or after 
October 1, 1995, unless it displays a currently valid OMB control 
number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer --Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551, (202) 
452-3829. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551. OMB Desk Officer--Shagufta Ahmed --Office 
of Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Room 10235, 725 17th Street 
NW.,Washington, DC 20503.

SUPPLEMENTARY INFORMATION: Final approval under OMB delegated authority 
of the extension for three years, without revision, of the following 
report:
    Report title: Registration of Mortgage Loan Originators.
    Agency form number: CFPB Reg G.
    OMB control number: 7100-0328.
    Frequency: Annually.
    Respondents: Employees of state member banks, certain subsidiaries 
of state member banks, branches and agencies of foreign banks that are 
regulated by the Federal Reserve, and commercial lending companies of 
foreign banks who act as residential mortgage loan originators (MLOs).
    Estimated number of respondents: MLOs (new): Initial set up and 
disclosure, 173 respondents; MLOs (existing): Maintenance and 
disclosure, 21,656 respondents; MLOs (existing): Updates for changes, 
10,828 respondents; and Depository Institutions, and subsidiaries, 741 
respondents.
    Estimated average hours per response: MLOs (new): Initial set up 
and disclosure, 3.5 hours; MLOs (existing): Maintenance and disclosure, 
0.85 hours; MLOs (existing): Updates for changes, 0.25 hours; and 
Depository Institutions, and subsidiaries, 118 hours.
    Estimated annual burden hours: MLOs (new): Initial set up and 
disclosure, 606 hours; MLOs (existing): Maintenance and disclosure, 
18,408 hours; MLOs (existing): Updates for changes, 2,707 hours; and 
Depository Institutions, and subsidiaries, 87,438 hours.
    General Description of Report: In accordance with the Secure and 
Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act), the 
Consumer Financial Protection Bureau's (CFPB) Regulation G requires 
residential mortgage loan originators (MLOs) to register with the 
Nationwide Mortgage Licensing System and Registry (the Registry), 
obtain a unique identifier, maintain this registration, and disclose to 
consumers upon request and through the Registry their unique identifier 
and the MLO's employment history and publicly adjudicated disciplinary 
and enforcement actions. The CFPB's regulation also requires the 
institutions employing these MLOs to adopt and follow written policies 
and procedures to ensure their employees comply with these requirements 
and to conduct annual independent compliance tests to assure 
compliance. The CFPB's rule applies to a broad range of financial 
institutions and their employees, including Board-supervised 
institutions/employees, such as state member banks and their non-
functionally-regulated subsidiaries, state uninsured branches and 
agencies of

[[Page 17427]]

foreign banks, and commercial lending companies owned or controlled by 
foreign banks.
    Legal authorization and confidentiality: The Board's Legal Division 
has determined that Section 1507 of the S.A.F.E. Act, 12 U.S.C. 5106, 
requires that the CFPB develop and maintain a system for registering 
individual MLOs of covered financial institutions regulated by a 
federal banking agency with the Nationwide Mortgage Licensing System 
and Registry. Section 1504 of the S.A.F.E. Act, (12 U.S.C. 5103), 
requires that an individual desiring to engage in the business of a 
loan originator maintain an annual federal registration (or be licensed 
by an equivalent state regulatory scheme) and appear on the Registry 
with a unique identifier. Section 1007.103 of the CFPB's Regulation G 
implements this registration scheme; Section 1007.104 requires the 
adoption of appropriate policies and procedures by covered financial 
institutions; and Section 1007.105 requires that covered financial 
institutions provide the unique identifiers of MLOs to consumers. (12 
CFR 1007.103-.105). Under Section 1061 of the Dodd-Frank Act, (12 
U.S.C. 5581(copyright)), ``a transferor agency [such as the Board] that 
is a prudential regulator shall have . . . ``authority to require 
reports from . . . conduct examinations for . . . and enforce 
compliance with Federal consumer financial laws'' with respect to the 
Board-supervised entities enumerated above. Therefore, the Board is 
authorized to collect this information with respect to the institutions 
we supervise for this purpose. This information collection is 
mandatory.
    As noted above, the unique identifier of MLOs must be made public 
and is not considered confidential. In addition, most of the 
information that MLOs submit in order to register with the Nationwide 
Mortgage Licensing System and Registry will be publicly available. 
However, certain identifying data about individuals who act as MLOs are 
entitled to confidential treatment under (b)(6) of the Freedom of 
Information Act (FOIA), which protects from disclosure information that 
``would constitute a clearly unwarranted invasion of personal 
privacy.'' (5 U.S.C. 552(b)(6)).
    With respect to the information collection requirements imposed on 
depository institutions, because the requirements require that 
depository institutions retain their own records and make certain 
disclosures to customers, the FOIA would only be implicated if the 
Board's examiners obtained a copy of these records as part of the 
examination or supervision process of a financial institution. However, 
records obtained in this manner are exempt from disclosure under FOIA 
exemption (b)(8), regarding examination-related materials. (5 U.S.C. 
552(b)(8)).
    Current Actions: On January 10, 2017 the Federal Reserve published 
a notice in the Federal Register (82 FR 2995) requesting public comment 
for 60 days on the extension, without revision, of the Registration of 
Mortgage Loan Originators. The comment period for this notice expired 
on March 13, 2017. The Federal Reserve did not receive any comments.

    Board of Governors of the Federal Reserve System, April 6, 2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-07247 Filed 4-10-17; 8:45 am]
 BILLING CODE 6210-01-P