[Federal Register Volume 64, Number 59 (Monday, March 29, 1999)]
[Notices]
[Pages 14919-14920]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-7541]


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FEDERAL HOUSING FINANCE BOARD

[No. 99-N-2]


Privacy Act of 1974; System of Records

AGENCY: Federal Housing Finance Board.

ACTION: Notice with request for comments.

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SUMMARY: In accordance with the Privacy Act of 1974 (Privacy Act), the 
Federal Housing Finance Board (Finance Board) is providing notice of 
its intent to amend its system of records to reflect an agency 
reorganization and regulatory changes.

DATES: This amendment will become effective as proposed without further 
notice on April 28, 1999, unless comments dictate otherwise. The 
Finance Board will accept comments in writing on or before April 28, 
1999.

ADDRESSES: Mail comments to Elaine L. Baker, Secretary to the Board, 
Federal Housing Finance Board, 1777 F Street, NW, Washington, DC 20006. 
Comments will be available for public inspection at this address.

FOR FURTHER INFORMATION CONTACT: Elaine L. Baker, Secretary to the 
Board and Associate Director, Executive Secretariat, Office of the 
Managing Director, by electronic mail at [email protected] or by 
telephone at 202/408-2837, or Janice A. Kaye, Attorney-Advisor, Office 
of General Counsel, by electronic mail at [email protected] or by 
telephone at 202/408-2505, Federal Housing Finance Board, 1777 F 
Street, NW, Washington, DC 20006.

SUPPLEMENTARY INFORMATION: Pursuant to the requirements of the Privacy 
Act, the Finance Board is publishing a notice of an amendment to its 
system of records. See 5 U.S.C. 552a(e)(4) and (11). Some of the 
changes are being made to reflect an agency reorganization. More 
specifically, the Finance Board is amending its system of records to 
reflect the following organizational changes: (1) The name of the 
Executive Secretary has been changed to the Secretary to the Board; (2) 
the name of the Office of Human Resources has been changed to the 
Office of Resource Management; and (3) the duties of the Personnel 
Security Officer have been transferred from the Office of Resource 
Management to the Office of General Counsel.
    The Finance Board also is amending its system of records to reflect 
regulatory changes. In 1995, the Finance Board eliminated the reporting 
form and the requirement that formerly appeared in part 922 of the 
Finance Board's regulations for members of the Board of Directors of 
the Finance Board annually to file financial disclosure reports. See 60 
FR 49199 (Sept. 22, 1995). In 1998, the Finance Board removed the 
remainder of part 922, which concerned the financial interests of 
members of the Board of Directors. See 63 FR 65683 (Nov. 30, 1998). 
Since the Finance Board has eliminated all of its internal rules 
concerning financial disclosure reporting for members of the Board of 
Directors, the system of records entitled FHFB-5 Finance Board Director 
Financial Disclosure Records is no longer required. Accordingly, the 
Finance Board is amending its system of records to remove FHFB-5 in its 
entirety.
    As part of the same 1998 rulemaking that removed part 922, the 
Finance Board amended its regulations concerning the election and 
appointment of Federal Home Loan Bank (FHLBank) directors. Id. Among 
other things, the Finance Board eliminated the rules concerning and the 
requirement for elective FHLBank directors to submit certain personal 
financial information to the Finance Board. Since the Finance Board no 
longer collects information from elective FHLBank directors, 
corresponding changes to the system of records entitled FHFB-4 Federal 
Home Loan Bank Directors Financial Disclosure Records are necessary.
    For the reasons stated above, the Finance Board hereby amends its 
system of records originally published in the Federal Register in 
September 1995, see 60 FR 46120 (Sept. 5, 1995), as amended in December 
1997, see 62 FR 66865 (Dec. 22, 1997), as follows:
    1. Replace the term ``Executive Secretary'' everywhere it appears 
with the term ``Secretary to the Board.''
    2. Amend the system of records entitled FHFB-2 General Travel and 
Transportation Files as follows:
FHFB-2

SYSTEM NAME:
    General Travel and Transportation Files.
* * * * *

ROUTINE USES OF OR RECORDS MAINTAINED IN THE SYSTEM, INCLUDING 
CATEGORIES OF USERS AND THE PURPOSES OF SUCH USES:
* * * * *
    8. OGE to provide the information necessary to support the Finance 
Board's semi-annual report concerning payments accepted under 31 U.S.C. 
1353.
* * * * *

SYSTEM MANAGER(S) AND ADDRESS:
    Office of Resource Management, Federal Housing Finance Board, 1777 
F Street, NW, Washington, DC 20006.
* * * * *
    3. Amend the system of records entitled FHFB-3 Administrative 
Grievance Files as follows:
FHFB-3

SYSTEM NAME:
    Administrative Grievance Files.
* * * * *

AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
    12 U.S.C. 1422b(b)(1); 5 CFR part 771
* * * * *

SYSTEM MANAGER(S) AND ADDRESS: 
    Office of Resource Management, Federal Housing Finance Board, 1777 
F Street, NW, Washington, DC 20006.
* * * * *
    4. Amend the system of records entitled FHFB-4 Federal Home Loan 
Bank Directors Financial Disclosure Forms as follows:

[[Page 14920]]

FHFB-4

SYSTEM NAME:
    Federal Home Loan Bank Appointive Director Eligibility 
Certification Forms.
* * * * *

CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM:
    Current Federal Home Loan Bank (FHLBank) appointive directors.

Categories of records in the system:
    Records contain certifications of eligibility and information 
concerning the financial or other personal interests of current FHLBank 
appointive directors and their immediate families that may pose a 
conflict of interest under the conflicts of interest policy of the 
director's FHLBank.

AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
    12 U.S.C. 1427(a) and (d); 12 CFR 932.10 and 932.11.

PURPOSE(s):
    Records are collected to determine whether FHLBank appointive 
directors are in compliance with statutory and regulatory eligibility 
requirements.
* * * * *

Retention and disposal:
    Records pertaining to a particular individual are retained for the 
length of the individual's term of service as a FHLBank appointive 
director.

SYSTEM MANAGER(S) AND ADDRESS:
    Office of Public Affairs, Federal Housing Finance Board, 1777 F 
Street, NW, Washington, DC 20006.
* * * * *
    5. Remove the system of records entitled FHFB-5 Finance Board 
Director Financial Disclosure Records.
    6. Amend the system of records entitled FHFB-6 Board Directors as 
follows:
FHFB-6

SYSTEM NAME:
    Board of Directors.
* * * * *
    7. Amend the system of records entitled FHFB-7 Agency Personnel 
Investigative Records as follows:
FHFB-7

SYSTEM NAME:
    Agency Personnel Investigative Records.
* * * * *

SYSTEM MANAGER(S) AND ADDRESS:
    Office of General Counsel, Federal Housing Finance Board, 1777 F 
Street, NW, Washington, DC 20006.
* * * * *
    Dated: March 19, 1999.

    By the Federal Housing Finance Board.
William W. Ginsberg,
Managing Director.
[FR Doc. 99-7541 Filed 3-26-99; 8:45 am]
BILLING CODE 6725-01-P