[Federal Register Volume 69, Number 80 (Monday, April 26, 2004)]
[Notices]
[Pages 22597-22598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-9325]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The 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 a continuing 
information collection, 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 the 
information collection displays a currently valid OMB control number. 
The OCC is soliciting comment concerning its renewal, without change, 
of an information collection titled, ``(MA)-Real Estate Lending and 
Appraisals--12 CFR 34.'' The OCC also gives notice that it has sent the 
information collection to OMB for review and approval.

DATES: You should submit your comments to the OCC and the OMB Desk 
Officer by May 26, 2004.

ADDRESSES: You should direct your comments to:
    OCC: Communications Division, Office of the Comptroller of the 
Currency, Public Reference Room, Mailstop 1-5, Attention: 1557-0190, 
250 E Street, SW., Washington, DC 20219. You are encouraged to submit 
your comments by facsimile transmission or electronic mail. Comments 
may be sent by facsimile transmission to (202) 874-4448, or by 
electronic mail to [email protected]. You can inspect and 
photocopy the comments at the OCC's Public Reference Room, 250 E 
Street, SW., Washington, DC 20219. You can make an appointment to 
inspect the comments by calling (202) 874-5043. Additionally, you may 
request copies of comments via electronic mail or CD-ROM by contacting 
the OCC's Public Reference Room at http://[email protected].
    OMB: Mark Menchik, OMB Desk Officer, Control Number 1557-0190, 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, New Executive Office Building, Room 10235, Washington, DC 
20503. Alternatively, you may send a comment by facsimile transmission 
to (202) 395-6974 or by electronic mail to [email protected].

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the information collection from John Ference or Camille 
Dixon, (202) 874-5090, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency, 250 E Street, SW., 
Washington, DC 20219.

SUPPLEMENTARY INFORMATION: An agency may not conduct or sponsor, and a 
respondent is not required to respond to, an information collection 
unless the information collection displays a currently valid OMB 
control number.
    The OCC is proposing to extend, without change, OMB approval of the 
following information collection:
    Title: (MA)-Real Estate Lending and Appraisals--12 CFR 34.
    OMB Number: 1557-0190.
    Form Number: None.
    Abstract: The collections of information in 12 CFR part 34 are as 
follows:
    Subpart C establishes real estate appraisal requirements that a 
national bank must follow for all federally-related real estate 
transactions. These requirements provide protections for the bank, 
further public policy interests, and were issued pursuant to title XI 
of the Financial Institutions Reform, Recovery, and Enforcement Act of 
1989 (12 U.S.C. 3331 et seq.).
    Subpart D requires that a national bank adopt and maintain written 
policies for real estate related lending transactions. These 
requirements ensure bank safety and soundness and were issued pursuant 
to section 304 of the Federal Deposit Insurance Corporation Improvement 
Act of 1991 (12 U.S.C. 1828(o)).
    Subpart E requires that a national bank file an application to 
extend the five-year holding period for Other Real Estate Owned (OREO) 
and file notice when it makes certain expenditures for OREO development 
or improvement projects. The requirements further bank safety and 
soundness and were issued pursuant to 12 U.S.C. 29.
    OMB Number: 1557-0190.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit; individuals.
    Estimated Number of Respondents: 2,100.
    Estimated Total Annual Responses: 2,100.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 115,550 burden hours.
    Comments: All comments received will become a matter of public 
record.
    The OCC has a continuing interest in the public's opinion regarding 
collections of information. All comments will become a matter of public 
record. The OCC received no comments in response to its initial Federal 
Register notice (69 FR 4358; January 29, 2004) regarding renewal of 
this information collection. Nevertheless, members of the public still 
are invited to submit comments regarding any aspect of this collection 
of information. Comments are invited specifically on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate 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

[[Page 22598]]

techniques or other forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: April 19, 2004.
Mark Tenhundfeld,
Assistant Director, Legislative & Regulatory Activities Division.
[FR Doc. 04-9325 Filed 4-23-04; 8:45 am]
BILLING CODE 4810-33-P