Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Fair Housing Home Loan Data System Regulation, 42014-42015 [2017-18639]
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mstockstill on DSK30JT082PROD with NOTICES
42014
Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0322, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC Clearance
Officer, (202) 649–5490, Legislative and
Regulatory Activities Division, Office of
the Comptroller of the Currency, 400 7th
Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501–3520), federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party.
The OCC is requesting that OMB
extend its approval of the following
information collection:
Title: Disclosure Requirements
Associated with Supplementary
Leverage Ratio.
OMB Control No.: 1557–0322.
Description: All banking organizations
that are subject to the agencies’
advanced approaches risk-based capital
rules (advanced approaches banking
organizations), as defined in the 2013
revised capital rule,1 are required to
disclose their supplementary leverage
ratios.2 Advanced approaches banking
organizations must report their
supplementary leverage ratios on the
applicable regulatory reports. These
disclosures enhance the transparency
and consistency of reporting
requirements for the supplementary
leverage ratio by all internationally
active organizations.
Type of Review: Regular review.
Affected Public: National banks and
federal savings associations that are
subject to the OCC’s advanced
approaches risk-based capital rules.
Frequency of Response: Quarterly.
Estimated Number of Respondents:
15.
Total estimated Annual Burden: 300
hours.
The OCC issued a notice for 60 days
of comment regarding this collection on
June 5, 2017, 82 FR 25916. No
comments were received. Comments
continue to be invited on:
1 12
2 12
CFR 3.100(b)(1).
CFR 3.10(c), 3.172(d), and 3.173.
VerDate Sep<11>2014
17:43 Sep 01, 2017
Jkt 241001
(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 information collection
burden;
(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 28, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2017–18652 Filed 9–1–17; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Fair Housing Home Loan Data System
Regulation
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 continuing information
collection as required by the Paperwork
Reduction Act of 1995 (PRA).
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 the renewal of its
information collection titled ‘‘Fair
Housing Home Loan Data System
Regulation.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be received on
or before October 5, 2017.
ADDRESSES: Because paper mail in the
Washington, DC area and at the OCC is
SUMMARY:
PO 00000
Frm 00106
Fmt 4703
Sfmt 4703
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:
1557–0159, 400 7th Street SW., Suite
3E–218, 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 governmentissued 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.
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0159, U.S. Office of
Management and Budget, 725 17th
Street NW., #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, OCC 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: Under the
PRA (44 U.S.C. 3501–3520), federal
agencies must obtain approval from
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party.
The OCC is requesting that OMB
extend its approval of the following
information collection:
Title: Fair Housing Home Loan Data
System Regulation.
OMB Control No.: 1557–0159.
Description: The Fair Housing Act (42
U.S.C. 3605) prohibits discrimination in
the financing of housing on the basis of
race, color, religion, sex, or national
E:\FR\FM\05SEN1.SGM
05SEN1
mstockstill on DSK30JT082PROD with NOTICES
Federal Register / Vol. 82, No. 170 / Tuesday, September 5, 2017 / Notices
origin. The Equal Credit Opportunity
Act (ECOA) (15 U.S.C. 1691 et seq.)
prohibits discrimination in any aspect
of a credit transaction on the basis of
race, color, religion, national origin, sex,
marital status, age, receipt of income
from public assistance, or exercise of
any right under the Consumer Credit
Protection Act (CCPA) (15 U.S.C. 1601
et seq.). The OCC is responsible for
ensuring that national banks and federal
savings associations comply with those
laws. This information collection is
needed to promote compliance and for
the OCC to fulfill its statutory
responsibilities.
The OCC uses the data to determine
whether an institution treated
applicants consistently and made credit
decisions commensurate with the
applicants’ qualifications and in
compliance with ECOA and CCPA.
The information collection
requirements are as follows:
• 12 CFR 27.3(a) requires national
banks that are required to collect data
on home loans under 12 CFR part 203 1
to present the data on Form FR HMDA–
LAR,2 or in automated format in
accordance with the HMDA–LAR
instructions, and to include one
additional item (the reason for denial)
on the HMDA–LAR. Section 27.3(a) also
lists exceptions to the HMDA–LAR
recordkeeping requirements. Federal
savings associations report this
information to the OCC pursuant to 12
CFR 128.6 and the CFPB’s Regulation C,
12 CFR part 1003.
• 12 CFR 27.3(b) lists the information
national banks shall attempt to obtain
from an applicant as part of a home loan
application and sets forth the
information that banks must disclose to
an applicant.
• 12 CFR 27.3(c) sets forth additional
information national banks must
maintain in the loan file.
• 12 CFR 27.4 states that the OCC
may require a national bank to maintain
a Fair Housing Inquiry/Application Log
found in Appendix III to part 27 if there
is reason to believe that the bank is
engaging in discriminatory practices or
if analysis of the data compiled by the
bank under the Home Mortgage
Disclosure Act (12 U.S.C. 2801 et seq.)
and 12 CFR part 203 indicates a pattern
of significant variation in the number of
home loans between census tracts with
similar incomes and home ownership
levels differentiated only by race or
national origin. Section 27.4(a)(2) also
1 This regulation has been transferred to the
Consumer Financial Protection Bureau (CFPB) (12
CFR part 1003).
2 Loan Application Register, https://www.ffiec.gov/
hmda/pdf/hmdalar2011.pdf.
VerDate Sep<11>2014
17:43 Sep 01, 2017
Jkt 241001
requires a log if complaints filed with
the Comptroller or letters in the
Community Reinvestment Act file are
found to be substantive in nature,
indicating that the bank’s home lending
practices are, or may be, discriminatory.
• 12 CFR 27.5 requires a national
bank to maintain the information
required by § 27.3 for 25 months after
the bank notifies the applicant of action
taken on an application or after
withdrawal of an application.
• 12 CFR 27.7 requires a national
bank to submit the information required
by §§ 27.3(a) and 27.4 to the OCC upon
its request prior to a scheduled
examination using the Monthly Home
Loan Activity Format form in Appendix
I to part 27 and the Home Loan Data
Form in Appendix IV to part 27. Section
27.7(c)(3) states that a bank with fewer
than 75 home loan applications in the
preceding year will not be required to
submit such forms unless the home loan
activity is concentrated in the few
months preceding the request for data,
indicating the likelihood of increased
activity over the subsequent year or
there is cause to believe that a bank is
not in compliance with the fair housing
laws based on prior examinations and/
or complaints, among other factors.
• Section 27.7(d) provides that if
there is cause to believe that a bank is
in noncompliance with fair housing
laws, the Comptroller may require
submission of additional Home Loan
Data Submission Forms. The
Comptroller may also require
submission of the information
maintained under § 27.3(a) and Home
Loan Data Submission Forms at more
frequent intervals.
OCC-regulated institutions now have
access to a CFPB-developed web-based
data submission and edit-check system
(the HMDA Platform) that may be used
to process HMDA data. Some
institutions, typically those with small
volumes of reported loans or those who
do not use a vendor or other software to
prepare their HMDA data for
submission, will still need a software
solution for integrating HMDA data
from paper records or electronic
systems. Therefore, the CFPB created a
prototype ‘‘LAR Formatting Tool’’
which will allow financial institutions
with small volumes of reported loans, or
those who do not use a vendor or other
software to prepare their HMDA data for
submission, to enter HMDA data and to
create a pipe delimited text file to
upload to the HMDA Platform. The
institution can then proceed through the
interactive Web pages of the HMDA
Platform to process HMDA data.
Type of Review: Regular.
PO 00000
Frm 00107
Fmt 4703
Sfmt 4703
42015
Affected Public: Businesses or other
for-profit.
Frequency of Response: On occasion.
Estimated Number of Respondents:
1,927.
Estimated Total Annual Burden:
31,704 hours.
The OCC issued a notice for 60 days
of comment regarding this collection on
June 5, 2017, 82 FR 25917. 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
information collection;
(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 28, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2017–18639 Filed 9–1–17; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities; Information Collection
Renewal; Submission for OMB Review;
Basel II Interagency Supervisory
Guidance for the Supervisory Review
Process (Pillar 2)
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other federal
agencies to comment on a continuing
information collection as required by
the Paperwork Reduction Act of 1995
(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
SUMMARY:
E:\FR\FM\05SEN1.SGM
05SEN1
]]>Agencies
[Federal Register Volume 82, Number 170 (Tuesday, September 5, 2017)]
[Notices]
[Pages 42014-42015]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-18639]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Fair Housing Home Loan Data System
Regulation
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 continuing
information collection as required by the Paperwork Reduction Act of
1995 (PRA).
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 the renewal of its
information collection titled ``Fair Housing Home Loan Data System
Regulation.'' The OCC also is giving notice that it has sent the
collection to OMB for review.
DATES: Comments must be received on or before October 5, 2017.
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: 1557-0159, 400 7th Street SW., Suite 3E-218, 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.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0159, U.S. Office of Management and Budget, 725 17th
Street NW., #10235, Washington, DC 20503 or by email to
oira_submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC 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: Under the PRA (44 U.S.C. 3501-3520), federal
agencies must obtain approval from OMB for each collection of
information that they conduct or sponsor. ``Collection of information''
is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency
requests or requirements that members of the public submit reports,
keep records, or provide information to a third party.
The OCC is requesting that OMB extend its approval of the following
information collection:
Title: Fair Housing Home Loan Data System Regulation.
OMB Control No.: 1557-0159.
Description: The Fair Housing Act (42 U.S.C. 3605) prohibits
discrimination in the financing of housing on the basis of race, color,
religion, sex, or national
[[Page 42015]]
origin. The Equal Credit Opportunity Act (ECOA) (15 U.S.C. 1691 et
seq.) prohibits discrimination in any aspect of a credit transaction on
the basis of race, color, religion, national origin, sex, marital
status, age, receipt of income from public assistance, or exercise of
any right under the Consumer Credit Protection Act (CCPA) (15 U.S.C.
1601 et seq.). The OCC is responsible for ensuring that national banks
and federal savings associations comply with those laws. This
information collection is needed to promote compliance and for the OCC
to fulfill its statutory responsibilities.
The OCC uses the data to determine whether an institution treated
applicants consistently and made credit decisions commensurate with the
applicants' qualifications and in compliance with ECOA and CCPA.
The information collection requirements are as follows:
12 CFR 27.3(a) requires national banks that are required
to collect data on home loans under 12 CFR part 203 \1\ to present the
data on Form FR HMDA-LAR,\2\ or in automated format in accordance with
the HMDA-LAR instructions, and to include one additional item (the
reason for denial) on the HMDA-LAR. Section 27.3(a) also lists
exceptions to the HMDA-LAR recordkeeping requirements. Federal savings
associations report this information to the OCC pursuant to 12 CFR
128.6 and the CFPB's Regulation C, 12 CFR part 1003.
---------------------------------------------------------------------------
\1\ This regulation has been transferred to the Consumer
Financial Protection Bureau (CFPB) (12 CFR part 1003).
\2\ Loan Application Register, https://www.ffiec.gov/hmda/pdf/hmdalar2011.pdf.
---------------------------------------------------------------------------
12 CFR 27.3(b) lists the information national banks shall
attempt to obtain from an applicant as part of a home loan application
and sets forth the information that banks must disclose to an
applicant.
12 CFR 27.3(c) sets forth additional information national
banks must maintain in the loan file.
12 CFR 27.4 states that the OCC may require a national
bank to maintain a Fair Housing Inquiry/Application Log found in
Appendix III to part 27 if there is reason to believe that the bank is
engaging in discriminatory practices or if analysis of the data
compiled by the bank under the Home Mortgage Disclosure Act (12 U.S.C.
2801 et seq.) and 12 CFR part 203 indicates a pattern of significant
variation in the number of home loans between census tracts with
similar incomes and home ownership levels differentiated only by race
or national origin. Section 27.4(a)(2) also requires a log if
complaints filed with the Comptroller or letters in the Community
Reinvestment Act file are found to be substantive in nature, indicating
that the bank's home lending practices are, or may be, discriminatory.
12 CFR 27.5 requires a national bank to maintain the
information required by Sec. 27.3 for 25 months after the bank
notifies the applicant of action taken on an application or after
withdrawal of an application.
12 CFR 27.7 requires a national bank to submit the
information required by Sec. Sec. 27.3(a) and 27.4 to the OCC upon its
request prior to a scheduled examination using the Monthly Home Loan
Activity Format form in Appendix I to part 27 and the Home Loan Data
Form in Appendix IV to part 27. Section 27.7(c)(3) states that a bank
with fewer than 75 home loan applications in the preceding year will
not be required to submit such forms unless the home loan activity is
concentrated in the few months preceding the request for data,
indicating the likelihood of increased activity over the subsequent
year or there is cause to believe that a bank is not in compliance with
the fair housing laws based on prior examinations and/or complaints,
among other factors.
Section 27.7(d) provides that if there is cause to believe
that a bank is in noncompliance with fair housing laws, the Comptroller
may require submission of additional Home Loan Data Submission Forms.
The Comptroller may also require submission of the information
maintained under Sec. 27.3(a) and Home Loan Data Submission Forms at
more frequent intervals.
OCC-regulated institutions now have access to a CFPB-developed web-
based data submission and edit-check system (the HMDA Platform) that
may be used to process HMDA data. Some institutions, typically those
with small volumes of reported loans or those who do not use a vendor
or other software to prepare their HMDA data for submission, will still
need a software solution for integrating HMDA data from paper records
or electronic systems. Therefore, the CFPB created a prototype ``LAR
Formatting Tool'' which will allow financial institutions with small
volumes of reported loans, or those who do not use a vendor or other
software to prepare their HMDA data for submission, to enter HMDA data
and to create a pipe delimited text file to upload to the HMDA
Platform. The institution can then proceed through the interactive Web
pages of the HMDA Platform to process HMDA data.
Type of Review: Regular.
Affected Public: Businesses or other for-profit.
Frequency of Response: On occasion.
Estimated Number of Respondents: 1,927.
Estimated Total Annual Burden: 31,704 hours.
The OCC issued a notice for 60 days of comment regarding this
collection on June 5, 2017, 82 FR 25917. 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
information collection;
(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 28, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2017-18639 Filed 9-1-17; 8:45 am]
BILLING CODE 4810-33-P
