[Federal Register Volume 79, Number 61 (Monday, March 31, 2014)]
[Notices]
[Page 18027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-07088]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewals; Comment Request (3064-0083, -0085, & -0120)

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: 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 existing 
information collections, as required by the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment 
on renewal of the information collections 3064-0083, 3064-0085 & 3064-
0120, described below.

DATES: Comments must be submitted on or before May 30, 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 and number of 
the collection in the subject line of the message.
     Mail: Gary A. Kuiper (202.898.3877), Counsel, Room NYA-
5046, 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: Gary A. Kuiper, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION:

Proposal To Renew the Following Currently-Approved Collections of 
Information

    1. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation M (Consumer Leasing).
    OMB Number: 3064-0083.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks and state savings 
associations engaging in consumer leasing.
    Estimated Number of Respondents: 1,959.
    Estimated Time per Response: 75 hours.
    Total Annual Burden: 146,925 hours.
    General Description of Collection: Regulation M (12 CFR part 213), 
issued by the Board of Governors of the Federal Reserve System, 
implements the consumer leasing provisions of the Truth in Lending Act.
    2. Title: Recordkeeping and Disclosure Requirements in Connection 
with Regulation B (Equal Credit Opportunity).
    OMB Number: 3064-0085.
    Frequency of Response: On occasion.
    Affected Public: State nonmember banks and state savings 
associations engaging in credit transactions.
    Estimated Number of Respondents: 4,398.
    Estimated Time per Response: 137 hours.
    Total Annual Burden: 602,389 hours.
    General Description of Collection: Regulation B (12 CFR part 202), 
issued by the Board of Governors of the Federal Reserve System, 
prohibits creditors from discriminating against applicants on any of 
the bases specified by the Equal Credit Opportunity Act, establishes 
guidelines for gathering and evaluating credit information, and 
requires creditors to give applicants a written notification of 
rejection of an application.
    3. Title: Flood Insurance.
    OMB Number: 3064-0120.
    Frequency of Response: On occasion.
    Affected Public: Any depository institution that makes one or more 
loans to be secured by a building located on property in a special 
flood hazard area.
    Estimated Number of Respondents/Recordkeepers: 4,421.
    Estimated Reporting Hours: 4,421 x .29 hours = 76,999.
    Estimated Recordkeeping Hours: 4,421 x .04 hours = 61,894 hours.
    Estimated Total Annual Reporting and Recordkeeping Burden Hours: 
76,999 + 61,894 = 138,893 hours.
    General Description of Collection: Each supervised lending 
institution is currently required to provide a notice of special flood 
hazards to each borrower with a loan secured by a building or mobile 
home located or to be located in an area identified by the Director of 
the Federal Emergency Management Agency as being subject to special 
flood hazards. The Riegle Community Development Act requires that each 
institution must also provide a copy of the notice to the servicer of 
the loan (if different from the originating lender).

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 26th day of March 2014.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2014-07088 Filed 3-28-14; 8:45 am]
BILLING CODE 6714-01-P