[Federal Register Volume 83, Number 208 (Friday, October 26, 2018)]
[Notices]
[Pages 54174-54175]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23395]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


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

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

ACTION: Notice and request for comment.

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SUMMARY: The Office of the Comptroller of the Currency (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 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 OCC is soliciting comment 
concerning the renewal of its information collection titled 
``Interagency Appraisal Complaint Form.''

DATES: Comments must be received by December 26, 2018.

ADDRESSES: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
     Email: [email protected].
     Mail: Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency, Attention: 1557-0314, 400 
7th Street SW, Suite 3E-218, Washington, DC 20219.
     Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
     Fax: (571) 465-4326.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0314'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. 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.
    You may review comments and other related materials that pertain to 
this information collection beginning on the date of publication of the 
second notice for this collection \1\ by any of the following methods:
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    \1\ Following the close of the 60-Day comment period for this 
notice, the OCC will publish a notice for 30 days of comment for 
this collection.
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     Viewing Comments Electronically: Go to www.reginfo.gov. 
Click on the ``Information Collection Review'' tab. Underneath the 
``Currently under Review'' section heading, from the drop-down menu, 
select ``Department of Treasury'' and then click ``submit.'' This 
information collection can be located by searching by OMB control 
number ``1557-0314'' or ``Interagency Appraisal Complaint Form.'' Upon 
finding the appropriate information collection, click on the related 
``ICR Reference Number.'' On the next screen, select ``View Supporting 
Statement and Other Documents'' and then click on the link to any 
comment listed at the bottom of the screen.
     For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.
     Viewing Comments Personally: You may personally inspect 
comments at the OCC, 400 7th Street SW, Washington, DC. 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 hearing impaired, 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 
comments.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance 
Officer, (202) 649-5490, Chief Counsel's Office, Office of the 
Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219.

[[Page 54175]]


SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), federal 
agencies must obtain approval from the Office of Management and Budget 
(OMB) for each collection of information that they conduct or sponsor. 
``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 
1320.3(c) to include agency requests or requirements that members of 
the public submit reports, keep records, or provide information to a 
third party. Section 3506(c)(2)(A) of title 44 requires federal 
agencies to provide a 60-day notice in the Federal Register concerning 
each proposed collection of information, including each proposed 
extension of an existing collection of information, before submitting 
the collection to OMB for approval. To comply with this requirement, 
the OCC is publishing notice of the proposed collection of information 
set forth in this document.
    Section 1473(p) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act \2\ 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 OCC, the Federal 
Reserve Board (Board), the Federal Deposit Insurance Corporation 
(FDIC), the National Credit Union Administration (NCUA), the Bureau of 
Consumer Financial Protection (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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    \2\ 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 OCC, the Board, the FDIC, the NCUA 
(Agencies), 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 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.
    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 of the Agencies has failed 
to comply with the appraisal independence standards or USPAP. The 
Interagency Appraisal Complaint Form is designed to collect information 
necessary for the Agencies to take further action on a complaint from 
an appraiser, other individual, financial institution, or other 
entities. The Agencies use the information to take further action on 
the complaint to the extent the complaint relates to an issue within 
their jurisdiction.
    OMB Control No.: 1557-0314.
    Estimated Number of Respondents: 100.
    Estimated Burden per Response: 0.5 hours.
    Estimated Total Annual Burden: 50 hours.
    Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the OCC, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's 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: October 19, 2018.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2018-23395 Filed 10-25-18; 8:45 am]
 BILLING CODE 4810-33-P