Notice2024-05900
Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
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
March 20, 2024
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (OMB Control No. 3064-0103).
Full Text
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<title>Federal Register, Volume 89 Issue 55 (Wednesday, March 20, 2024)</title>
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[Federal Register Volume 89, Number 55 (Wednesday, March 20, 2024)]
[Notices]
[Page 19829]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05900]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0103]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the general public and other
Federal agencies to take this opportunity to comment on the renewal of
the existing information collections described below (OMB Control No.
3064-0103).
DATES: Comments must be submitted on or before May 20, 2024.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#3a595557575f544e497a5c5e5359145d554c"><span class="__cf_email__" data-cfemail="65060a0808000b11162503010c064b020a13">[email protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
<bullet> 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.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Regulatory Counsel, 202-
898-3767, <a href="/cdn-cgi/l/email-protection#4f222c2e2d2a352e0f292b262c61282039"><span class="__cf_email__" data-cfemail="412c222023243b2001272528226f262e37">[email protected]</span></a>, MB-3128, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal To Renew the Following Currently Approved Collection of
Information
1. Title: Recordkeeping Requirements Associated with Real Estate
Appraisals and Evaluations.
OMB Number: 3064-0103.
Forms: None.
Affected Public: Insured State Nonmember Banks and State Savings
Associations.
Burden Estimate:
Summary of Estimated Annual Burdens
[OMB No. 3064-0103]
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Number of Time per Annual
IC description Type of burden (obligation to respond) Frequency of response Number of responses per response burden
respondents respondent (hours) (hours)
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Recordkeeping Requirements Recordkeeping (Mandatory)............. On occasion............ 3,038 250 0.083 63,039
Associated with Real Estate
Appraisals and Evaluations (12
CFR 323).
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Total Annual Burden Hours..... ...................................... ....................... ........... .............. .......... 63,039
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Source: FDIC.
General Description of Collection: FIRREA directs the FDIC to
prescribe appropriate performance standards for real estate appraisals
connected with federally related transactions under its jurisdiction.
This information collection is a direct consequence of the statutory
requirement. It is designed to provide protection for federal financial
and public policy interests by requiring real estate appraisals used in
connection with federally related transactions to be performed in
writing, in accordance with uniform standards, by an appraiser whose
competency has been demonstrated and whose professional conduct will be
subject to effective supervision. There is no change in the methodology
or substance of this information collection. The increase in estimated
annual burden (from 227 hours in 2021 to 250 hours currently) is due to
the increase in the estimated number of responses.
Request for Comment
Comments are invited on: (a) Whether the collections of information
are 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 collections,
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 collections 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, March 15, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-05900 Filed 3-19-24; 8:45 am]
BILLING CODE 6714-01-P
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