[Federal Register Volume 76, Number 24 (Friday, February 4, 2011)]
[Notices]
[Page 6474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-2446]


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FEDERAL DEPOSIT INSURANCE CORPORATION


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

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (``PRA''), 44 U.S.C. 3501 et seq., the FDIC may not conduct or 
sponsor, and the respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. The FDIC, 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 the renewal of an existing information collection, as 
required by the PRA. On November 15, 2010 (75 FR 69664), the FDIC 
solicited public comment for a 60-day period on renewal of the 
following information collection: Real Estate Lending Standards (OMB 
No. 3064-0112). No comments were received. Therefore, the FDIC hereby 
gives notice of submission of its request for renewal to OMB for 
review.

DATES: Comments must be submitted on or before March 7, 2011.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     E-mail: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room F-
1084, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7 a.m. and 5 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: Leneta Gregorie, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION:
    Proposal to renew the following currently approved collections of 
information:
    Title: Real Estate Lending Standards.
    OMB Number: 3064-0112.
    Frequency of Response: On occasion.
    Affected Public: Insured financial institutions supervised by the 
FDIC.
    Estimated Number of Respondents: 4,800.
    Estimated Time per Response: 20 hours.
    Total Annual Burden: 96,000 hours.
    General Description of Collection: Institutions use real estate 
lending policies to guide their lending operations in a manner that is 
consistent with safe and sound banking practices and appropriate to 
their size, nature, and scope of operations. These policies should 
address certain lending considerations, including loan-to-value limits, 
loan administration policies, portfolio diversification standards, and 
documentation, approval and reporting requirements.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is 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 collection, 
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 information 
collection 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.


    Dated at Washington, DC, January 31, 2011.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011-2446 Filed 2-3-11; 8:45 am]
BILLING CODE 6741-01-P