[Federal Register Volume 79, Number 14 (Wednesday, January 22, 2014)]
[Notices]
[Pages 3588-3589]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-01148]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request Re: Real Estate Lending Standards

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the requirements of the Paperwork

[[Page 3589]]

Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), 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. As part of its 
continuing effort to reduce paperwork and respondent burden, the FDIC 
invites the general public and other Federal agencies to take this 
opportunity to comment on renewal of an existing information 
collection, as required by the PRA. On November 4, 2013 (78 FR 66004), 
the FDIC requested comment for 60 days on renewal of its information 
collection entitled Real Estate Lending Standards, which is currently 
approved under OMB Control No. 3064-0112. No comments were received on 
the proposal to renew. The FDIC hereby gives notice of submission to 
OMB of its request to renew the collection.

DATES: Comments must be submitted on or before February 21, 2014.

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
     Email: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room 
NYA-5050, 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 7:00 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: 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: 4,375.
    Estimated Time per Response: 20 hours.
    Total Annual Burden: 87,500 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, this 16th day of January, 2014.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014-01148 Filed 1-21-14; 8:45 am]
BILLING CODE 6714-01-P