Notice2022-03403
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Interagency Appraisal Complaint Form
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 17, 2022
Issuing agencies
Treasury DepartmentComptroller of the Currency
Abstract
The Office of the Comptroller of the Currency (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 an information collection renewal as required by the Paperwork Reduction Act of 1995. An agency may not conduct or sponsor, and a respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. The OCC is soliciting comment concerning the renewal of its information collection titled "Interagency Appraisal Complaint Form."
Full Text
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<title>Federal Register, Volume 87 Issue 33 (Thursday, February 17, 2022)</title>
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[Federal Register Volume 87, Number 33 (Thursday, February 17, 2022)]
[Notices]
[Pages 9103-9104]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03403]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Interagency Appraisal Complaint Form
AGENCY: Office of the Comptroller of the Currency, Treasury (OCC).
ACTION: Notice and request for comment.
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SUMMARY: The Office of the Comptroller of the Currency (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 an information collection renewal as required
by the Paperwork Reduction Act of 1995. An agency may not conduct or
sponsor, and a respondent is not required to respond to, an information
collection unless it displays a currently valid OMB control number. The
OCC is soliciting comment concerning the renewal of its information
collection titled ``Interagency Appraisal Complaint Form.''
DATES: Comments must be received by April 18, 2022.
ADDRESSES: Commenters are encouraged to submit comments by email, if
possible. You may submit comments by any of the following methods:
<bullet> Email: <a href="/cdn-cgi/l/email-protection#78080a1911161e1738171b1b560c0a1d190b561f170e"><span class="__cf_email__" data-cfemail="730301121a1d151c331c10105d07011612005d141c05">[email protected]</span></a>.
<bullet> Mail: Chief Counsel's Office, Attention: Comment
Processing, Office of the Comptroller of the Currency, Attention: 1557-
0314, 400 7th Street SW, Suite 3E-218, Washington, DC 20219.
<bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
<bullet> Fax: (571) 465-4326.
Instructions: You must include ``OCC'' as the agency name and
``1557-0314'' in your comment. In general, the OCC will publish
comments on <a href="http://www.reginfo.gov">www.reginfo.gov</a> without change, including any business or
personal information provided, such as name and address information,
email addresses, or phone numbers. 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.
You may review comments and other related materials that pertain to
this information collection beginning on the date of publication of the
second notice for this collection by the method set forth in the next
bullet. Following the close of this notice's 60-day comment period, the
OCC will publish a second notice with a 30-day comment period.
<bullet> Viewing Comments Electronically: Go to <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
Hover over the ``Information Collection Review'' tab. Underneath the
``Currently under Review'' section heading, from the drop-down menu
select ``Department of Treasury'' and then click ``submit''. This
information collection can be located by searching by OMB control
number ``1557-0314'' or ``Interagency Appraisal Complaint Form.'' Upon
finding the appropriate information collection, click on the related
``ICR Reference Number.'' On the next screen, select ``View Supporting
Statement and Other Documents'' and then click on the link to any
comment listed at the bottom of the screen.
[[Page 9104]]
<bullet> For assistance in navigating <a href="http://www.reginfo.gov">www.reginfo.gov</a>, please
contact the Regulatory Information Service Center at (202) 482-7340.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance
Officer, (202) 649-5490, Chief Counsel's Office, Office of the
Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.
If you are deaf, hard of hearing, or have a speech disability, please
dial 7-1-1 to access telecommunications relay services.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from the Office of Management and Budget
(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. Section 3506(c)(2)(A) of title 44 requires Federal
agencies to provide a 60-day notice in the Federal Register concerning
each proposed collection of information, including each proposed
extension of an existing collection of information, before submitting
the collection to OMB for approval. To comply with this requirement,
the OCC is publishing notice of the proposed collection of information
set forth in this document.
Section 1473(p) of the Dodd-Frank Wall Street Reform and Consumer
Protection Act \1\ provides that if the Appraisal Subcommittee (ASC) of
the Federal Financial Institutions Examination Council (FFIEC)
determines, six months after enactment of that section (i.e., January
21, 2011), that no national hotline exists to receive complaints of
non-compliance with appraisal independence standards and Uniform
Standards of Professional Appraisal Practice (USPAP), then the ASC
shall establish and operate such a hotline (ASC Hotline). The ASC
Hotline shall include a toll-free telephone number and an email
address. Section 1473(p) further directs the ASC to refer complaints
received through the ASC Hotline to the appropriate government bodies
for further action, which may include referrals to OCC, the Federal
Reserve Board (Board), the Federal Deposit Insurance Corporation
(FDIC), the National Credit Union Administration (NCUA), the Bureau of
Consumer Financial Protection (CFPB), and state agencies. The ASC
determined that a national appraisal hotline did not exist at a meeting
held on January 12, 2011, and a notice of that determination was
published in the Federal Register on January 28, 2011, (76 FR 5161). As
a result, the ASC established a hotline to refer complaints to
appropriate state and Federal regulators.
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\1\ Dodd-Frank Wall Street Reform and Consumer Protection Act
section 1473, Public Law 111-203, 124 stat. 1376, July 21, 2010; 12
U.S.C. 3351(i).
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Representatives from the OCC, the Board, the FDIC, the NCUA
(Agencies), and the CFPB met and established a process to facilitate
the referral of complaints received through the ASC Hotline to the
appropriate Federal financial institution regulatory agency or
agencies. The Agencies developed the Interagency Appraisal Complaint
Form to collect information necessary to take further action on the
complaint. The CFPB incorporated the process into one of their existing
systems.
The Interagency Appraisal Complaint Form was developed for use by
those who wish to file a formal, written complaint that an entity
subject to the jurisdiction of one or more of the Agencies has failed
to comply with the appraisal independence standards or USPAP. The
Interagency Appraisal Complaint Form is designed to collect information
necessary for the Agencies to take further action on a complaint from
an appraiser, other individual, financial institution, or other
entities. The Agencies use the information to take further action on
the complaint to the extent the complaint relates to an issue within
their jurisdiction.
OMB Control No.: 1557-0314.
Estimated Number of Respondents: 100.
Estimated Burden per Response: 0.5 hours.
Estimated Total Annual Burden: 50 hours.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimates of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including through the use of automated collection techniques or other
forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2022-03403 Filed 2-16-22; 8:45 am]
BILLING CODE P
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