Agency Information Collection Activities: Proposed Collection Renewal; Comment Request [OMB No. 3064-0145; -0161; -0171], 15992-15994 [2022-05803]
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15992
Federal Register / Vol. 87, No. 54 / Monday, March 21, 2022 / Notices
customer account information between
LECs. In December 2007, the
Commission declined to adopt
mandatory LEC-to-LEC data exchange
requirements.
Federal Communications Commission.
Marlene Dortch,
Secretary, Office of the Secretary.
[FR Doc. 2022–05877 Filed 3–18–22; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request [OMB No.
3064–0145; –0161; –0171]
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency Information Collection
Activities: Submission for OMB Review;
Comment Request.
AGENCY:
The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
SUMMARY:
(located on F Street NW), on business
days between 7:00 a.m. and 5:00 p.m.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0145; –0161 and –0171). The
notice of the proposed renewal for these
information collections was previously
published in the Federal Register on
January 13, 2022, allowing for a 60-day
comment period.
DATES: Comments must be submitted on
or before April 20, 2022.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.fdic.gov/resources/regulations/
federal-register-publications/.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street NW building
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
Proposal
to renew the following currently
approved collections of information:
1. Title: Notice Regarding
Unauthorized Access to Customer
Information.
OMB Number: 3064–0145.
Form Numbers: None.
Affected Public: Insured state
nonmember banks.
SUPPLEMENTARY INFORMATION:
SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0145]
Type of burden
(obligation to respond)
Frequency of
response
Recordkeeping (Required) ...............
1 .....................
10
24
240
Third Party Disclosure (Required) ...
On occasion ...
315
36
11,340
...........................................................
........................
........................
........................
11,580
Information collection description
Implementation (One Time):
Develop Policies and Procedures for Response Program.
Ongoing:
Notice Regarding Unauthorized
Access to Customer Information.
Total
Annual
(Hours).
Burden
Number of
respondents
Hours per
response
Annual burden
(hours)
khammond on DSKJM1Z7X2PROD with NOTICES
Source: FDIC.
Burden Estimate:
General Description of Collection: The
Interagency Guidance on Response
Programs for Unauthorized Access to
Customer Information and Customer
Notice describes the federal banking
agencies’ expectations regarding a
response program, including customer
notification procedures, that a financial
institution should develop and apply
under the circumstances described in
the Guidance to address unauthorized
access to or use of customer information
VerDate Sep<11>2014
21:01 Mar 18, 2022
Jkt 256001
that could result in substantial harm or
inconvenience to a customer. The
Guidance advises financial institutions
when and how they might: (1) Develop
notices to customers; (2) in certain
circumstances defined in the Guidance,
determine which customers should
receive the notices; and (3) send the
notices to customers.
There is no change in the
methodology or substance of this
information collection. The increase in
total estimated annual burden from
PO 00000
Frm 00085
Fmt 4703
Sfmt 4703
11,340 hours in 2019 to 11,580 hours
currently is due to economic factors as
reflected in the increase in estimated
number of respondents.
2. Title: Furnisher Information
Accuracy and Integrity (FACTA 312).
OMB Number: 3064–0161.
Form Number: None.
Affected Public: State nonmember
banks.
Burden Estimate:
E:\FR\FM\21MRN1.SGM
21MRN1
15993
Federal Register / Vol. 87, No. 54 / Monday, March 21, 2022 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0161]
Information collection description
Type of burden
(obligation to respond)
Procedures to Enhance the Accuracy and Integrity of Information
furnished to Consumer Reporting
Agencies under Section 312 of the
Fair and Accurate Credit Transaction Act.
Distribution of Notices in Response
to Direct Disputes.
Recordkeeping (Required) ...............
1
3,140
40
125,600
Third Party Disclosure (Required) ...
46
3,140
0.23
33,221
Total Annual Burden (Hours) .....
...........................................................
........................
........................
........................
158,821
General Description of Collection:
Sec. 312 of the Fair and Accurate Credit
Transaction Act of 2003 (FACT Act)
requires the FDIC to: Issue guidelines
for furnishers regarding the accuracy
and integrity of the information about
consumers furnished to consumer
reporting agencies; prescribe regulations
requiring furnishers to establish
reasonable policies/procedures to
implement the guidelines; and issue
Number of
responses
Number of
respondents
Hours per
response
Annual burden
(hours)
while the hours per response and
frequency of responses have remained
the same.
3. Title: Registration of Mortgage Loan
Originators.
OMB Number: 3064–0171.
Form Number: None.
Affected Public: FDIC Supervised
Institutions and Employee Mortgage
Loan Originators.
Burden Estimate:
regulations identifying the
circumstances where a furnisher must
reinvestigate a dispute about the
accuracy of information in a consumer
report based on a direct request from a
consumer.
There is no change in the method or
substance of the collection. The overall
increase in burden hours is the result of
economic fluctuation. In particular, the
number of respondents has increased
SUMMARY OF ESTIMATED ANNUAL BURDEN
khammond on DSKJM1Z7X2PROD with NOTICES
[OMB No. 3064–0171]
Frequency
of
response
Information collection description
Type of burden
Financial Institution Policies and Procedures for Ensuring Employee-Mortgage Loan Originator Compliance
With S.A.F.E. Act Requirements—
New Entrant.
Financial Institution Policies and Procedures for Ensuring Employee-Mortgage Loan Originator Compliance
With S.A.F.E. Act Requirements—
Ongoing.
Financial Institution Procedures to
Track and Monitor Compliance with
S.A.F.E. Act Compliance—New Entrant.
Financial Institution Procedures to
Track and Monitor Compliance with
S.A.F.E. Act Compliance—Ongoing.
Financial Institution Procedures for the
Collection and Maintenance of Employee Mortgage Loan Originator’s
Criminal History Background Reports—New Entrant.
Financial Institution Procedures for the
Collection and Maintenance of Employee Mortgage Loan Originator’s
Criminal History Background Reports—Ongoing.
Financial Institution Procedures for
Public Disclosure of Mortgage Loan
Originator’s Unique Identifier—New
Entrant.
Financial Institution Procedures for
Public Disclosure of Mortgage Loan
Originator’s Unique Identifier—Ongoing.
Recordkeeping ......
One-Time
Recordkeeping ......
Annual ......
Recordkeeping ......
One-Time
Recordkeeping ......
Annual ......
Recordkeeping ......
One-Time
Recordkeeping ......
Annual ......
Third Party Disclosure.
One-Time
Third Party Disclosure.
Annual ......
VerDate Sep<11>2014
21:01 Mar 18, 2022
Jkt 256001
PO 00000
Frm 00086
Fmt 4703
Estimated
number of
responses per
respondent
Estimated
number of
respondents
Sfmt 4703
Estimated
time per
response
(hours)
Estimated
annual burden
(hours)
7
1
20
140
3,091
1
1
3,091
7
1
60
420
3,091
1
1
3,091
7
1
20
140
3,091
1
1
3,091
7
1
25
175
3,091
1
1
3,091
E:\FR\FM\21MRN1.SGM
21MRN1
15994
Federal Register / Vol. 87, No. 54 / Monday, March 21, 2022 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN—Continued
[OMB No. 3064–0171]
Information collection description
Type of burden
Financial Institution Information Reporting to Registry.
Mortgage Loan Originator Initial Registration Reporting and Authorization
Requirements.
Mortgage Loan Originator Registration
Updates Upon Change in Circumstances.
Financial Institution Procedures for the
Collection of Employee Mortgage
Loan Originator’s Fingerprints.
Mortgage Loan Originator Procedures
for Disclosure to Consumers of
Unique Identifier.
Mortgage Loan Originator Annual Renewal Registration Reporting and Authorization Requirements.
Reporting ..............
Total Annual Burden ......................
khammond on DSKJM1Z7X2PROD with NOTICES
Jkt 256001
Estimated
number of
responses per
respondent
Estimated
time per
response
(hours)
Estimated
annual burden
(hours)
3,098
1
1
3,098
5,257
1
.25
1,314
Reporting ..............
On Occasion.
40,015
1
.25
10,004
Recordkeeping ......
On Occasion.
3,098
1
4
12,392
Third Party Disclosure.
On Occasion.
45,272
1
1
45,272
Reporting ..............
On Occasion.
40,015
1
.25
10,004
...............................
...................
........................
........................
........................
95,323
Reporting ..............
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection,
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on respondents, including through the
21:01 Mar 18, 2022
Estimated
number of
respondents
On Occasion.
One-Time
General Description of Collection:
This information collection implements
the Secure and Fair Enforcement for
Mortgage Licensing Act of 2008 (SAFE
Act) requirement that employees of
Federally-regulated institutions who
engage in the business of a mortgage
loan originator to register with the
Nationwide Mortgage Licensing System
and Registry and establishes national
licensing and registration requirements.
It also directs Federally-regulated
institutions to have written policies and
procedures in place to ensure that their
employees who perform mortgage loan
originations comply with the
registration and other SAFE Act
requirements.
There is no change in the method or
substance of the collection. The overall
decrease in burden hours is the result of
economic fluctuation. In particular, the
number of respondents and time per
response have decreased while the
frequency of responses have remained
the same.
VerDate Sep<11>2014
Frequency
of
response
use of automated collection techniques
or other forms of information
technology. All comments will become
a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on March 14,
2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022–05803 Filed 3–18–22; 8:45 am]
BILLING CODE 6714–01–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 public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
PO 00000
Frm 00087
Fmt 4703
Sfmt 4703
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
standards enumerated in the BHC Act
(12 U.S.C. 1842(c)).
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than April 20, 2022.
A. Federal Reserve Bank of Boston
(Prabal Chakrabarti, Senior Vice
President) 600 Atlantic Avenue, Boston,
Massachusetts 02210–2204. Comments
can also be sent electronically to
BOS.SRC.Applications.Comments@
bos.frb.org:
1. ECB Bancorp, Inc., Everett,
Massachusetts; to become a bank
holding company by acquiring Everett
Co-operative Bank, Everett,
Massachusetts, upon the conversion of
Everett Co-operative Bank from mutual
to stock form.
B. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. ServBanc Holdco, Inc., Phoenix,
Arizona; to become a bank holding
company by merging with Allied First
Bancorp, Inc., and thereby indirectly
acquiring Allied First Bank, SB, both of
Oswego, Illinois.
E:\FR\FM\21MRN1.SGM
21MRN1
]]>Agencies
[Federal Register Volume 87, Number 54 (Monday, March 21, 2022)]
[Notices]
[Pages 15992-15994]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-05803]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request [OMB No. 3064-0145; -0161; -0171]
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Agency Information Collection Activities: Submission for OMB
Review; Comment Request.
-----------------------------------------------------------------------
SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the request to renew
the existing information collections described below (OMB Control No.
3064-0145; -0161 and -0171). The notice of the proposed renewal for
these information collections was previously published in the Federal
Register on January 13, 2022, allowing for a 60-day comment period.
DATES: Comments must be submitted on or before April 20, 2022.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street NW building (located on F Street
NW), on business days between 7:00 a.m. and 5:00 p.m.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to www.reginfo.gov/public/do/PRAMain. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Regulatory Counsel, 202-
898-3767, [email protected], MB-3128, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
1. Title: Notice Regarding Unauthorized Access to Customer
Information.
OMB Number: 3064-0145.
Form Numbers: None.
Affected Public: Insured state nonmember banks.
Summary of Estimated Annual Burden
[OMB No. 3064-0145]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Type of burden (obligation Number of Hours per Annual burden
Information collection description to respond) Frequency of response respondents response (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation (One Time):
Develop Policies and Procedures for Recordkeeping (Required).... 1.............................. 10 24 240
Response Program.
Ongoing:
Notice Regarding Unauthorized Access Third Party Disclosure On occasion.................... 315 36 11,340
to Customer Information. (Required).
--------------------------------------------------------------------------------
Total Annual Burden (Hours)...... ............................ ............................... .............. .............. 11,580
--------------------------------------------------------------------------------------------------------------------------------------------------------
Source: FDIC.
Burden Estimate:
General Description of Collection: The Interagency Guidance on
Response Programs for Unauthorized Access to Customer Information and
Customer Notice describes the federal banking agencies' expectations
regarding a response program, including customer notification
procedures, that a financial institution should develop and apply under
the circumstances described in the Guidance to address unauthorized
access to or use of customer information that could result in
substantial harm or inconvenience to a customer. The Guidance advises
financial institutions when and how they might: (1) Develop notices to
customers; (2) in certain circumstances defined in the Guidance,
determine which customers should receive the notices; and (3) send the
notices to customers.
There is no change in the methodology or substance of this
information collection. The increase in total estimated annual burden
from 11,340 hours in 2019 to 11,580 hours currently is due to economic
factors as reflected in the increase in estimated number of
respondents.
2. Title: Furnisher Information Accuracy and Integrity (FACTA 312).
OMB Number: 3064-0161.
Form Number: None.
Affected Public: State nonmember banks.
Burden Estimate:
[[Page 15993]]
Summary of Estimated Annual Burden
[OMB No. 3064-0161]
----------------------------------------------------------------------------------------------------------------
Type of burden
Information collection (obligation to Number of Number of Hours per Annual burden
description respond) responses respondents response (hours)
----------------------------------------------------------------------------------------------------------------
Procedures to Enhance the Recordkeeping 1 3,140 40 125,600
Accuracy and Integrity of (Required).
Information furnished to
Consumer Reporting Agencies
under Section 312 of the Fair
and Accurate Credit
Transaction Act.
Distribution of Notices in Third Party 46 3,140 0.23 33,221
Response to Direct Disputes. Disclosure
(Required).
---------------------------------------------------------------
Total Annual Burden ................ .............. .............. .............. 158,821
(Hours).
----------------------------------------------------------------------------------------------------------------
General Description of Collection: Sec. 312 of the Fair and
Accurate Credit Transaction Act of 2003 (FACT Act) requires the FDIC
to: Issue guidelines for furnishers regarding the accuracy and
integrity of the information about consumers furnished to consumer
reporting agencies; prescribe regulations requiring furnishers to
establish reasonable policies/procedures to implement the guidelines;
and issue regulations identifying the circumstances where a furnisher
must reinvestigate a dispute about the accuracy of information in a
consumer report based on a direct request from a consumer.
There is no change in the method or substance of the collection.
The overall increase in burden hours is the result of economic
fluctuation. In particular, the number of respondents has increased
while the hours per response and frequency of responses have remained
the same.
3. Title: Registration of Mortgage Loan Originators.
OMB Number: 3064-0171.
Form Number: None.
Affected Public: FDIC Supervised Institutions and Employee Mortgage
Loan Originators.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0171]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Estimated
Estimated number of time per Estimated
Information collection description Type of burden Frequency of response number of responses per response annual burden
respondents respondent (hours) (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Financial Institution Policies and Recordkeeping........... One-Time............... 7 1 20 140
Procedures for Ensuring Employee-
Mortgage Loan Originator Compliance
With S.A.F.E. Act Requirements--New
Entrant.
Financial Institution Policies and Recordkeeping........... Annual................. 3,091 1 1 3,091
Procedures for Ensuring Employee-
Mortgage Loan Originator Compliance
With S.A.F.E. Act Requirements--
Ongoing.
Financial Institution Procedures to Recordkeeping........... One-Time............... 7 1 60 420
Track and Monitor Compliance with
S.A.F.E. Act Compliance--New Entrant.
Financial Institution Procedures to Recordkeeping........... Annual................. 3,091 1 1 3,091
Track and Monitor Compliance with
S.A.F.E. Act Compliance--Ongoing.
Financial Institution Procedures for Recordkeeping........... One-Time............... 7 1 20 140
the Collection and Maintenance of
Employee Mortgage Loan Originator's
Criminal History Background Reports--
New Entrant.
Financial Institution Procedures for Recordkeeping........... Annual................. 3,091 1 1 3,091
the Collection and Maintenance of
Employee Mortgage Loan Originator's
Criminal History Background Reports--
Ongoing.
Financial Institution Procedures for Third Party Disclosure.. One-Time............... 7 1 25 175
Public Disclosure of Mortgage Loan
Originator's Unique Identifier--New
Entrant.
Financial Institution Procedures for Third Party Disclosure.. Annual................. 3,091 1 1 3,091
Public Disclosure of Mortgage Loan
Originator's Unique Identifier--
Ongoing.
[[Page 15994]]
Financial Institution Information Reporting............... On Occasion............ 3,098 1 1 3,098
Reporting to Registry.
Mortgage Loan Originator Initial Reporting............... One-Time............... 5,257 1 .25 1,314
Registration Reporting and
Authorization Requirements.
Mortgage Loan Originator Registration Reporting............... On Occasion............ 40,015 1 .25 10,004
Updates Upon Change in Circumstances.
Financial Institution Procedures for Recordkeeping........... On Occasion............ 3,098 1 4 12,392
the Collection of Employee Mortgage
Loan Originator's Fingerprints.
Mortgage Loan Originator Procedures Third Party Disclosure.. On Occasion............ 45,272 1 1 45,272
for Disclosure to Consumers of
Unique Identifier.
Mortgage Loan Originator Annual Reporting............... On Occasion............ 40,015 1 .25 10,004
Renewal Registration Reporting and
Authorization Requirements.
---------------------------------------------------------------
Total Annual Burden.............. ........................ ....................... .............. .............. .............. 95,323
--------------------------------------------------------------------------------------------------------------------------------------------------------
General Description of Collection: This information collection
implements the Secure and Fair Enforcement for Mortgage Licensing Act
of 2008 (SAFE Act) requirement that employees of Federally-regulated
institutions who engage in the business of a mortgage loan originator
to register with the Nationwide Mortgage Licensing System and Registry
and establishes national licensing and registration requirements. It
also directs Federally-regulated institutions to have written policies
and procedures in place to ensure that their employees who perform
mortgage loan originations comply with the registration and other SAFE
Act requirements.
There is no change in the method or substance of the collection.
The overall decrease in burden hours is the result of economic
fluctuation. In particular, the number of respondents and time per
response have decreased while the frequency of responses have remained
the same.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collection,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) 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. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on March 14, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-05803 Filed 3-18-22; 8:45 am]
BILLING CODE 6714-01-P
