Proposed Collection; Comment Request, 23032-23045 [2023-07863]
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23032
Federal Register / Vol. 88, No. 72 / Friday, April 14, 2023 / Notices
CONTACT PERSON FOR MORE INFORMATION:
Direct requests for further information
concerning the meeting to Debra A.
Decker, Executive Secretary of the
Corporation, at 202–898–8748.
Authority: 5 U.S.C. 552b.
Dated at Washington, DC, on April 11,
2023.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–08001 Filed 4–12–23; 11:15 am]
BILLING CODE 6714–01–P
FEDERAL HOUSING FINANCE
AGENCY
[No. 2023–N–6]
Proposed Collection; Comment
Request
Federal Housing Finance
Agency.
ACTION: National Survey of Mortgage
Originations—30-Day notice of
submission of information collection for
approval from Office of Management
and Budget.
AGENCY:
In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the
Federal Housing Finance Agency
(FHFA) is seeking public comments
concerning an information collection
known as the ‘‘National Survey of
Mortgage Originations’’ (NSMO), which
has been assigned control number 2590–
0012 by the Office of Management and
Budget (OMB). FHFA intends to submit
the information collection to OMB for
review and approval of a three-year
extension of the control number, which
is due to expire on June 30, 2023.
DATES: Interested persons may submit
comments on or before May 15, 2023.
ADDRESSES: Submit comments to the
Office of Information and Regulatory
Affairs of the Office of Management and
Budget, Attention: Desk Officer for the
Federal Housing Finance Agency,
Washington, DC 20503, Fax: (202) 395–
3047, Email: OIRA_submission@
omb.eop.gov. Please also submit
comments to FHFA, identified by
‘‘Proposed Collection; Comment
Request: ‘National Survey of Mortgage
Originations, (No. 2023–N–6)’ ’’ by any
of the following methods:
• Agency Website: www.fhfa.gov/
open-for-comment-or-input.
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments. If
you submit your comment to the
Federal eRulemaking Portal, please also
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SUMMARY:
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Jkt 259001
send it by email to FHFA at
RegComments@fhfa.gov to ensure
timely receipt by the agency.
• Mail/Hand Delivery: Federal
Housing Finance Agency, Fourth Floor,
400 Seventh Street SW, Washington, DC
20219, ATTENTION: Proposed
Collection; Comment Request: ‘‘National
Survey of Mortgage Originations, (No.
2023–N–6).’’ Please note that all mail
sent to FHFA via the U.S. Postal Service
is routed through a national irradiation
facility, a process that may delay
delivery by approximately two weeks.
For any time-sensitive correspondence,
please plan accordingly.
We will post all public comments we
receive without change, including any
personal information you provide, such
as your name and address, email
address, and telephone number, on the
FHFA website at https://www.fhfa.gov.
Copies of all comments received will
be available for examination by the
public through the electronic comment
docket for this PRA Notice also located
on the FHFA website.
Saty
Patrabansh, Associate Director, Office of
Data and Statistics, Saty.Patrabansh@
fhfa.gov, (202) 649–3213; or Angela
Supervielle, Counsel,
Angela.Supervielle@fhfa.gov, (202) 649–
3973, (these are not toll-free numbers).
For TTY/TRS users with hearing and
speech disabilities, dial 711 and ask to
be connected to any of the contact
numbers above.
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
A. Need for and Use of the Information
Collection
The NSMO is a recurring quarterly
survey of individuals who have recently
obtained a loan secured by a first
mortgage on single-family residential
property. The survey questionnaire is
sent to a representative sample of
approximately 6,000 recent mortgage
borrowers each calendar quarter and
typically consists of about 96 multiple
choice and short answer questions
designed to obtain information about
borrowers’ experiences in choosing and
in taking out a mortgage.1 The
questionnaire may be completed either
on paper (in English only) or
electronically online (in either English
or Spanish). FHFA is also seeking
clearance to pretest future iterations of
the survey questionnaire and related
materials from time to time through the
use of cognitive pre-testing. A copy of
the survey questionnaire sent out in the
1 The NSMO questionnaire sent out in the first
quarter of 2023 contained 96 questions.
PO 00000
Frm 00037
Fmt 4703
Sfmt 4703
first quarter of 2023 appears at the end
of this notice.2
The NSMO is a component of the
‘‘National Mortgage Database’’ (NMDB)
Program which is a joint effort of FHFA
and the Consumer Financial Protection
Bureau (CFPB). The NMDB Program is
designed to satisfy the Congressionallymandated requirements of section
1324(c) of the Federal Housing
Enterprises Financial Safety and
Soundness Act.3 Section 1324(c)
requires that FHFA conduct a monthly
survey to collect data on the
characteristics of individual prime and
subprime mortgages, and on the
borrowers and properties associated
with those mortgages, in order to enable
it to prepare a detailed annual report on
the mortgage market activities of the
Federal National Mortgage Association
(Fannie Mae) and the Federal Home
Loan Mortgage Corporation (Freddie
Mac) for review by the appropriate
Congressional oversight committees.
Section 1324(c) also authorizes and
requires FHFA to compile a database of
otherwise unavailable residential
mortgage market information and to
make that information available to the
public in a timely fashion.
As a means of fulfilling those and
other statutory requirements, as well as
to support policymaking and research
regarding the residential mortgage
markets, FHFA and CFPB jointly
established the NMDB Program in 2012.
The Program is designed to provide
comprehensive information about the
U.S. mortgage market and has three
primary components: (1) the NMDB; (2)
the NSMO; and (3) the American Survey
of Mortgage Borrowers (ASMB).
The NMDB is a de-identified loanlevel database of closed-end first-lien
residential mortgage loans that is
representative of the market as a whole,
contains detailed loan-level information
on the terms and performance of the
mortgages and the characteristics of the
associated borrowers and properties, is
continually updated, has an historical
component dating back to 1998, and
provides a sampling frame for surveys to
collect additional information. The core
data in the NMDB are drawn from a
random 1-in-20 sample of all closed-end
first-lien mortgage files outstanding at
any time between January 1998 and the
present in the files of Experian, one of
the three national credit repositories,
with a random sample of mortgages
2 In addition, a copy of the questionnaire can be
accessed online at: https://www.fhfa.gov/
Homeownersbuyer/Pages/National-Survey-ofMortgage-Originations.aspx.
3 12 U.S.C. 4544(c).
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newly reported to Experian added each
quarter.
The NMDB draws additional
information on mortgages in the NMDB
datasets from other existing sources,
including the Home Mortgage
Disclosure Act (HMDA) data that are
maintained by the Federal Financial
Institutions Examination Council
(FFIEC), property valuation models, and
administrative data files maintained by
Fannie Mae and Freddie Mac and by
federal agencies. FHFA also obtains data
from the ASMB, which historically
solicited information on borrowers’
experience with maintaining their
existing mortgages, including their
experience maintaining mortgages
under financial stress, their experience
in soliciting financial assistance, their
success in accessing federally-sponsored
programs designed to assist them, and,
where applicable, any challenges they
may have had in terminating a mortgage
loan.4
While the ASMB focused on
borrowers’ experience with maintaining
existing mortgages, the NSMO solicits
information on newly-originated
mortgages and the borrowers’
experiences with the mortgage
origination process. It was developed to
complement the NMDB by providing
critical and timely information—not
available from existing sources—on the
range of nontraditional and subprime
mortgage products being offered, the
methods by which these mortgages are
being marketed, and the characteristics
of borrowers for these types of loans. In
particular, the survey questionnaire is
designed to elicit directly from mortgage
borrowers information on the
characteristics of the borrowers and on
their experiences in finding and
obtaining a mortgage loan, including:
their mortgage shopping behavior; their
mortgage closing experiences; their
expectations regarding house price
appreciation; and critical financial and
other life events affecting their
households, such as unemployment,
expenses or divorce. The survey
questions do not focus on the terms of
the borrowers’ mortgage loans because
these fields are available in the Experian
data. However, the NSMO collects a
limited amount of information on each
respondent’s mortgage to verify that the
Experian records and survey responses
pertain to the same mortgage.
Each wave of the NSMO is sent to the
primary borrowers on about 6,000
mortgage loans, which are drawn from
a simple random sample of about
100,000 newly originated mortgage
4 OMB has assigned the ASMB control no. 2590–
0015, which expires on July 31, 2025.
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loans that are added to the National
Mortgage Database from the Experian
files each quarter (at present, this
represents an approximately 1-in-15
sample of loans added to the National
Mortgage Database and an
approximately 1-in-300 sample of all
mortgage loan originations). By contract
with FHFA, the conduct of the NSMO
is administered through Experian,
which has subcontracted the survey
administration through a competitive
process to Westat, a nationallyrecognized survey vendor.5 Westat also
carries out the pre-testing of the survey
materials.
through that process to assist in drafting
and modifying the survey questions and
instructions, as well as the related
communications, to read in the way that
will be most readily understood by the
survey respondents and that will be
most likely to elicit usable responses.
Such information is also used to help
the Agency decide on how best to
organize and format the survey
questionnaires.
The OMB control number for this
information collection is 2590–0012.
The current clearance for the
information collection expires on June
30, 2023.
B. Need for and Use of the Information
Collection
FHFA views the NMDB Program as a
whole, including the NSMO, as the
monthly ‘‘survey’’ that is required by
section 1324 of the Safety and
Soundness Act. Core inputs to the
NMDB, such as a regular refresh of the
Experian data, occur monthly, though
NSMO itself does not. In combination
with the other information in the
NMDB, the information obtained
through the NSMO is used to prepare
the report to Congress on the mortgage
market activities of Fannie Mae and
Freddie Mac that FHFA is required to
submit under section 1324, as well as
for research and analysis by FHFA and
CFPB in support of their regulatory and
supervisory responsibilities related to
the residential mortgage markets. The
NSMO is especially critical in ensuring
that the NMDB contains uniquely
comprehensive information on the range
of nontraditional and subprime
mortgage products being offered, the
methods by which these mortgages are
being marketed and the characteristics—
and particularly the creditworthiness—
of borrowers for these types of loans. In
March 2023, FHFA and the CFPB
released a loan-level dataset collected
through the NSMO for public use.6 The
information provides a resource for
research and analysis by federal
agencies, by Fannie Mae and Freddie
Mac, and by academics and other
interested parties outside of the
government.
FHFA is also seeking OMB approval
to continue to conduct cognitive pretesting of the survey materials. The
Agency uses information collected
C. Burden Estimate
FHFA has analyzed the hour burden
on members of the public associated
with conducting the survey (10,080
hours) and with pre-testing the survey
materials (50 hours) and estimates the
total annual hour burden imposed on
the public by this information collection
to be 10,130 hours. The estimate for
each phase of the collection was
calculated as follows:
5 The Fair Credit Reporting Act, 15 U.S.C. 1681
et seq., requires that the survey process, because it
utilizes borrower names and addresses drawn from
credit reporting agency records, must be
administered through Experian in order to maintain
consumer privacy.
6 The March 2023 NSMO public use dataset can
be accessed here: https://www.fhfa.gov/DataTools/
Downloads/Pages/NMDB_Data_Sets.aspx.
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I. Conducting the Survey
FHFA estimates that the NSMO
questionnaire will be sent to 24,000
recipients annually (6,000 recipients per
quarterly survey × 4 calendar quarters).
Although, based on historical
experience, the Agency expects that
only 20 to 30 percent of those surveys
will be returned, it has assumed that all
of the surveys will be returned for
purposes of this burden calculation.
Based on the reported experience of
respondents to prior NSMO
questionnaires, FHFA estimates that it
will take each respondent 25 minutes to
complete the survey, including the
gathering of necessary materials to
respond to the questions. This results in
a total annual burden estimate of 10,080
hours for the survey phase of this
collection (24,000 respondents × .42
hours per respondent = 10,080 hours
annually).
II. Pre-Testing the Materials
FHFA estimates that it will pre-test
the survey materials with 50 cognitive
testing participants annually. The
estimated participation time for each
participant is one hour, resulting in a
total annual burden estimate of 50 hours
for the pre-testing phase of the
collection (50 participants × 1 hour per
participant = 50 hours annually).
D. Comment Request
In accordance with the requirements
of 5 CFR 1320.8(d), FHFA published an
initial notice and request for public
comments regarding this information
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collection in the Federal Register on
December 6, 2022.7 The 60-day
comment period closed on February 6,
2023. FHFA received no comments.
FHFA requests written comments on
the following: (1) Whether the collection
of information is necessary for the
proper performance of FHFA functions,
7 See
including whether the information has
practical utility; (2) the accuracy of
FHFA’s estimates of the burdens of the
collection of information; (3) ways to
enhance the quality, utility, and clarity
of the information collected; and (4)
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.
Shawn Bucholtz,
Chief Data Officer, Federal Housing Finance
Agency.
BILLING CODE 8070–01–P
87 FR 74616 (Dec. 6, 2022).
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BILLING CODE 8070–01–C
Agencies
[Federal Register Volume 88, Number 72 (Friday, April 14, 2023)]
[Notices]
[Pages 23032-23045]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-07863]
=======================================================================
-----------------------------------------------------------------------
FEDERAL HOUSING FINANCE AGENCY
[No. 2023-N-6]
Proposed Collection; Comment Request
AGENCY: Federal Housing Finance Agency.
ACTION: National Survey of Mortgage Originations--30-Day notice of
submission of information collection for approval from Office of
Management and Budget.
-----------------------------------------------------------------------
SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking
public comments concerning an information collection known as the
``National Survey of Mortgage Originations'' (NSMO), which has been
assigned control number 2590-0012 by the Office of Management and
Budget (OMB). FHFA intends to submit the information collection to OMB
for review and approval of a three-year extension of the control
number, which is due to expire on June 30, 2023.
DATES: Interested persons may submit comments on or before May 15,
2023.
ADDRESSES: Submit comments to the Office of Information and Regulatory
Affairs of the Office of Management and Budget, Attention: Desk Officer
for the Federal Housing Finance Agency, Washington, DC 20503, Fax:
(202) 395-3047, Email: [email protected]. Please also submit
comments to FHFA, identified by ``Proposed Collection; Comment Request:
`National Survey of Mortgage Originations, (No. 2023-N-6)' '' by any of
the following methods:
Agency Website: www.fhfa.gov/open-for-comment-or-input.
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments. If you submit your
comment to the Federal eRulemaking Portal, please also send it by email
to FHFA at [email protected] to ensure timely receipt by the agency.
Mail/Hand Delivery: Federal Housing Finance Agency, Fourth
Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed
Collection; Comment Request: ``National Survey of Mortgage
Originations, (No. 2023-N-6).'' Please note that all mail sent to FHFA
via the U.S. Postal Service is routed through a national irradiation
facility, a process that may delay delivery by approximately two weeks.
For any time-sensitive correspondence, please plan accordingly.
We will post all public comments we receive without change,
including any personal information you provide, such as your name and
address, email address, and telephone number, on the FHFA website at
https://www.fhfa.gov.
Copies of all comments received will be available for examination
by the public through the electronic comment docket for this PRA Notice
also located on the FHFA website.
FOR FURTHER INFORMATION CONTACT: Saty Patrabansh, Associate Director,
Office of Data and Statistics, [email protected], (202) 649-
3213; or Angela Supervielle, Counsel, [email protected],
(202) 649-3973, (these are not toll-free numbers). For TTY/TRS users
with hearing and speech disabilities, dial 711 and ask to be connected
to any of the contact numbers above.
SUPPLEMENTARY INFORMATION:
A. Need for and Use of the Information Collection
The NSMO is a recurring quarterly survey of individuals who have
recently obtained a loan secured by a first mortgage on single-family
residential property. The survey questionnaire is sent to a
representative sample of approximately 6,000 recent mortgage borrowers
each calendar quarter and typically consists of about 96 multiple
choice and short answer questions designed to obtain information about
borrowers' experiences in choosing and in taking out a mortgage.\1\ The
questionnaire may be completed either on paper (in English only) or
electronically online (in either English or Spanish). FHFA is also
seeking clearance to pretest future iterations of the survey
questionnaire and related materials from time to time through the use
of cognitive pre-testing. A copy of the survey questionnaire sent out
in the first quarter of 2023 appears at the end of this notice.\2\
---------------------------------------------------------------------------
\1\ The NSMO questionnaire sent out in the first quarter of 2023
contained 96 questions.
\2\ In addition, a copy of the questionnaire can be accessed
online at: https://www.fhfa.gov/Homeownersbuyer/Pages/National-Survey-of-Mortgage-Originations.aspx.
---------------------------------------------------------------------------
The NSMO is a component of the ``National Mortgage Database''
(NMDB) Program which is a joint effort of FHFA and the Consumer
Financial Protection Bureau (CFPB). The NMDB Program is designed to
satisfy the Congressionally-mandated requirements of section 1324(c) of
the Federal Housing Enterprises Financial Safety and Soundness Act.\3\
Section 1324(c) requires that FHFA conduct a monthly survey to collect
data on the characteristics of individual prime and subprime mortgages,
and on the borrowers and properties associated with those mortgages, in
order to enable it to prepare a detailed annual report on the mortgage
market activities of the Federal National Mortgage Association (Fannie
Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) for
review by the appropriate Congressional oversight committees. Section
1324(c) also authorizes and requires FHFA to compile a database of
otherwise unavailable residential mortgage market information and to
make that information available to the public in a timely fashion.
---------------------------------------------------------------------------
\3\ 12 U.S.C. 4544(c).
---------------------------------------------------------------------------
As a means of fulfilling those and other statutory requirements, as
well as to support policymaking and research regarding the residential
mortgage markets, FHFA and CFPB jointly established the NMDB Program in
2012. The Program is designed to provide comprehensive information
about the U.S. mortgage market and has three primary components: (1)
the NMDB; (2) the NSMO; and (3) the American Survey of Mortgage
Borrowers (ASMB).
The NMDB is a de-identified loan-level database of closed-end
first-lien residential mortgage loans that is representative of the
market as a whole, contains detailed loan-level information on the
terms and performance of the mortgages and the characteristics of the
associated borrowers and properties, is continually updated, has an
historical component dating back to 1998, and provides a sampling frame
for surveys to collect additional information. The core data in the
NMDB are drawn from a random 1-in-20 sample of all closed-end first-
lien mortgage files outstanding at any time between January 1998 and
the present in the files of Experian, one of the three national credit
repositories, with a random sample of mortgages
[[Page 23033]]
newly reported to Experian added each quarter.
The NMDB draws additional information on mortgages in the NMDB
datasets from other existing sources, including the Home Mortgage
Disclosure Act (HMDA) data that are maintained by the Federal Financial
Institutions Examination Council (FFIEC), property valuation models,
and administrative data files maintained by Fannie Mae and Freddie Mac
and by federal agencies. FHFA also obtains data from the ASMB, which
historically solicited information on borrowers' experience with
maintaining their existing mortgages, including their experience
maintaining mortgages under financial stress, their experience in
soliciting financial assistance, their success in accessing federally-
sponsored programs designed to assist them, and, where applicable, any
challenges they may have had in terminating a mortgage loan.\4\
---------------------------------------------------------------------------
\4\ OMB has assigned the ASMB control no. 2590-0015, which
expires on July 31, 2025.
---------------------------------------------------------------------------
While the ASMB focused on borrowers' experience with maintaining
existing mortgages, the NSMO solicits information on newly-originated
mortgages and the borrowers' experiences with the mortgage origination
process. It was developed to complement the NMDB by providing critical
and timely information--not available from existing sources--on the
range of nontraditional and subprime mortgage products being offered,
the methods by which these mortgages are being marketed, and the
characteristics of borrowers for these types of loans. In particular,
the survey questionnaire is designed to elicit directly from mortgage
borrowers information on the characteristics of the borrowers and on
their experiences in finding and obtaining a mortgage loan, including:
their mortgage shopping behavior; their mortgage closing experiences;
their expectations regarding house price appreciation; and critical
financial and other life events affecting their households, such as
unemployment, expenses or divorce. The survey questions do not focus on
the terms of the borrowers' mortgage loans because these fields are
available in the Experian data. However, the NSMO collects a limited
amount of information on each respondent's mortgage to verify that the
Experian records and survey responses pertain to the same mortgage.
Each wave of the NSMO is sent to the primary borrowers on about
6,000 mortgage loans, which are drawn from a simple random sample of
about 100,000 newly originated mortgage loans that are added to the
National Mortgage Database from the Experian files each quarter (at
present, this represents an approximately 1-in-15 sample of loans added
to the National Mortgage Database and an approximately 1-in-300 sample
of all mortgage loan originations). By contract with FHFA, the conduct
of the NSMO is administered through Experian, which has subcontracted
the survey administration through a competitive process to Westat, a
nationally-recognized survey vendor.\5\ Westat also carries out the
pre-testing of the survey materials.
---------------------------------------------------------------------------
\5\ The Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.,
requires that the survey process, because it utilizes borrower names
and addresses drawn from credit reporting agency records, must be
administered through Experian in order to maintain consumer privacy.
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B. Need for and Use of the Information Collection
FHFA views the NMDB Program as a whole, including the NSMO, as the
monthly ``survey'' that is required by section 1324 of the Safety and
Soundness Act. Core inputs to the NMDB, such as a regular refresh of
the Experian data, occur monthly, though NSMO itself does not. In
combination with the other information in the NMDB, the information
obtained through the NSMO is used to prepare the report to Congress on
the mortgage market activities of Fannie Mae and Freddie Mac that FHFA
is required to submit under section 1324, as well as for research and
analysis by FHFA and CFPB in support of their regulatory and
supervisory responsibilities related to the residential mortgage
markets. The NSMO is especially critical in ensuring that the NMDB
contains uniquely comprehensive information on the range of
nontraditional and subprime mortgage products being offered, the
methods by which these mortgages are being marketed and the
characteristics--and particularly the creditworthiness--of borrowers
for these types of loans. In March 2023, FHFA and the CFPB released a
loan-level dataset collected through the NSMO for public use.\6\ The
information provides a resource for research and analysis by federal
agencies, by Fannie Mae and Freddie Mac, and by academics and other
interested parties outside of the government.
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\6\ The March 2023 NSMO public use dataset can be accessed here:
https://www.fhfa.gov/DataTools/Downloads/Pages/NMDB_Data_Sets.aspx.
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FHFA is also seeking OMB approval to continue to conduct cognitive
pre-testing of the survey materials. The Agency uses information
collected through that process to assist in drafting and modifying the
survey questions and instructions, as well as the related
communications, to read in the way that will be most readily understood
by the survey respondents and that will be most likely to elicit usable
responses. Such information is also used to help the Agency decide on
how best to organize and format the survey questionnaires.
The OMB control number for this information collection is 2590-
0012. The current clearance for the information collection expires on
June 30, 2023.
C. Burden Estimate
FHFA has analyzed the hour burden on members of the public
associated with conducting the survey (10,080 hours) and with pre-
testing the survey materials (50 hours) and estimates the total annual
hour burden imposed on the public by this information collection to be
10,130 hours. The estimate for each phase of the collection was
calculated as follows:
I. Conducting the Survey
FHFA estimates that the NSMO questionnaire will be sent to 24,000
recipients annually (6,000 recipients per quarterly survey x 4 calendar
quarters). Although, based on historical experience, the Agency expects
that only 20 to 30 percent of those surveys will be returned, it has
assumed that all of the surveys will be returned for purposes of this
burden calculation. Based on the reported experience of respondents to
prior NSMO questionnaires, FHFA estimates that it will take each
respondent 25 minutes to complete the survey, including the gathering
of necessary materials to respond to the questions. This results in a
total annual burden estimate of 10,080 hours for the survey phase of
this collection (24,000 respondents x .42 hours per respondent = 10,080
hours annually).
II. Pre-Testing the Materials
FHFA estimates that it will pre-test the survey materials with 50
cognitive testing participants annually. The estimated participation
time for each participant is one hour, resulting in a total annual
burden estimate of 50 hours for the pre-testing phase of the collection
(50 participants x 1 hour per participant = 50 hours annually).
D. Comment Request
In accordance with the requirements of 5 CFR 1320.8(d), FHFA
published an initial notice and request for public comments regarding
this information
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collection in the Federal Register on December 6, 2022.\7\ The 60-day
comment period closed on February 6, 2023. FHFA received no comments.
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\7\ See 87 FR 74616 (Dec. 6, 2022).
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FHFA requests written comments on the following: (1) Whether the
collection of information is necessary for the proper performance of
FHFA functions, including whether the information has practical
utility; (2) the accuracy of FHFA's estimates of the burdens of the
collection of information; (3) ways to enhance the quality, utility,
and clarity of the information collected; and (4) 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.
Shawn Bucholtz,
Chief Data Officer, Federal Housing Finance Agency.
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[FR Doc. 2023-07863 Filed 4-13-23; 8:45 am]
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