[Federal Register Volume 80, Number 233 (Friday, December 4, 2015)]
[Notices]
[Pages 75896-75897]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30644]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Information Collection 
Renewal; Request for Comment; Interagency Appraisal Complaint Form

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC) and 
Federal Deposit Insurance Corporation (FDIC).

ACTION:  Joint notice and request for comment.

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SUMMARY:  The Office of the Comptroller of the Currency (OCC) and the 
Federal Deposit Insurance Corporation (FDIC) (the Agencies) as part of 
their continuing effort to reduce paperwork and respondent burden, 
invite the general public and other Federal agencies to take this 
opportunity to comment on an information collection renewal, 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 it displays a 
currently valid OMB control number. The Agencies are soliciting comment 
concerning the renewal of their information collection titled 
``Interagency Appraisal Complaint Form.''

DATES: Comments must be received by February 2, 2016.

ADDRESSES:  OCC: Because paper mail in the Washington, DC area and at 
the OCC is subject to delay, commenters are encouraged to submit 
comments by email, if possible. Comments may be sent to: Legislative 
and Regulatory Activities Division, Office of the Comptroller of the 
Currency, Attention: 1557-0314, 400 7th Street SW., Suite 3E-218, Mail 
Stop 9W-11, Washington, DC 20219. In addition, comments may be sent by 
fax to (571) 465-4326 or by electronic mail to [email protected]. 
You may personally inspect and photocopy comments at the OCC, 400 7th 
Street SW., Washington, DC 20219. For security reasons, the OCC 
requires that visitors make an appointment to inspect comments. You may 
do so by calling (202) 649-6700 or, for persons who are deaf or hard of 
hearing, TTY, (202) 649-5597. Upon arrival, visitors will be required 
to present valid government-issued photo identification and submit to 
security screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    FDIC: You may submit comments by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Agency Web site: http://www.FDIC.gov/regulations/laws/federal/notices.html.
     Mail: Robert E. Feldman, Executive Secretary, Attention: 
Comments/Legal ESS, Federal Deposit Insurance Corporation, 550 17th 
Street NW., Washington, DC 20429.
     Hand Delivered/Courier: The guard station at the rear of 
the 550 17th Street Building (located on F Street), on business days 
between 7:00 a.m. and 5:00 p.m.
     Email: [email protected].
    Instructions: Comments submitted must include ``FDIC'' and 
``Interagency Appraisal Complaint Form.'' Comments received will be 
posted without change to http://www.FDIC.gov/regulations/laws/federal/notices.html, including any personal information provided.

FOR FURTHER INFORMATION CONTACT: 
    OCC: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.
    FDIC: Beverlea S. Gardner, Senior Examination Specialist, Risk 
Management Section, at (202) 898-3640, Sumaya A. Muraywid, Examination 
Specialist, Risk Management Section, at (573) 875-6620, Richard Foley, 
Counsel, Legal Division, at (202) 898-3784, Mark Mellon, Counsel, Legal 
Division, at (202) 898-3884, or 550 17th St. NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: In compliance with the Paperwork Reduction 
Act, 44 U.S.C. 3501 et seq., the Agencies are seeking comment on the 
renewal of the following collection of information:

Interagency Appraisal Complaint Form

    Section 1473(p) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act \1\ provides that if the Appraisal Subcommittee (ASC) of 
the Federal Financial Institutions Examination Council (FFIEC) 
determines, six months after enactment of that section (i.e., January 
21, 2011), that no national hotline exists to receive complaints of 
non-compliance with appraisal independence standards and Uniform 
Standards of Professional Appraisal Practice (USPAP), then the ASC 
shall establish and operate such a hotline (ASC Hotline). The ASC 
Hotline shall include a toll-free telephone number and an email 
address. Section 1473(p) further directs the ASC to refer complaints 
received through the ASC Hotline to the appropriate government bodies 
for further action, which may include referrals to the Agencies, the 
Federal Reserve Board (Board), the National Credit Union Administration 
(NCUA), the Consumer Financial

[[Page 75897]]

Protection Bureau (CFPB), and State agencies. The ASC determined that a 
national appraisal hotline did not exist at a meeting held on January 
12, 2011, and a notice of that determination was published in the 
Federal Register on January 28, 2011 (76 FR 5161). As a result, the ASC 
established a hotline to refer complaints to appropriate state and 
federal regulators.
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    \1\ Dodd-Frank Wall Street Reform and Consumer Protection Act 
section 1473, Public Law 111-203, 124 Stat. 1376, July 21, 2010; 12 
U.S.C. 3351(i).
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    Representatives from the Agencies, the Board, the NCUA, and the 
CFPB met and established a process to facilitate the referral of 
complaints received through the ASC Hotline to the appropriate federal 
financial institution regulatory agency or agencies. The Agencies, the 
Board, and the NCUA developed the Interagency Appraisal Complaint Form 
to collect information necessary to take further action on the 
complaint. The CFPB incorporated the process into one of their existing 
systems.

Description of the Interagency Appraisal Complaint Form

    The Interagency Appraisal Complaint Form was developed for use by 
those who wish to file a formal, written complaint that an entity 
subject to the jurisdiction of one or more Agencies, the Board, or the 
NCUA has failed to comply with the appraisal independence standards or 
USPAP. The Interagency Appraisal Complaint Form is designed to collect 
information necessary for one or both of the Agencies, the Board, or 
the NCUA to take further action on a complaint from an appraiser, other 
individual, financial institution, or other entities. The Agencies, the 
Board, and the NCUA use the information to take further action on the 
complaint to the extent the complaint relates to an issue within their 
jurisdiction. The Board and the NCUA are renewing their forms 
separately.
    The OCC and FDIC estimate that the burden of this collection of 
information is as follows:
    OCC:
    OMB Control Number: 1557-0314.
    Estimated Number of Respondents: 1,500.
    Estimated Burden per Response: 0.5 hours.
    Estimated Total Annual Burden: 750 hours.
    FDIC:
    OMB Control Number: 3064-0190.
    Estimated Number of Respondents: 200.
    Estimated Burden per Response: 0.5 hours.
    Estimated Total Annual Burden: 100 hours.
    Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the Agencies, including whether 
the information has practical utility;
    (b) The accuracy of the Agencies' estimates 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 techniques or other 
forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: November 24, 2015.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
    Dated at Washington, DC, this 25th day of November 2015.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-30644 Filed 12-3-15; 8:45 am]
 BILLING CODE 4810-33-P 6714-01-P