[Federal Register Volume 84, Number 42 (Monday, March 4, 2019)]
[Notices]
[Pages 7415-7417]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-03843]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Submission for OMB Review; Interagency Appraisal Complaint
Form
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
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 May 3, 2019.
[[Page 7416]]
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: 1557-314, 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 your
comment on www.reginfo.gov without change, including any business or
personal information that you provide, 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.
Additionally, please send a copy of your comments by mail to: OCC
Desk Officer, 1557-0314, U.S. Office of Management and Budget, 725 17th
Street NW, #10235, Washington, DC 20503 or by email to
[email protected].
You may review comments and other related materials that pertain to
this information collection \1\ following the close of the 30-day
comment period for this notice by any of the following methods:
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\1\ On October 26, 2018, the OCC published a 60-day notice for
this information collection, 83 FR 54174.
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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.
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. The OCC requests that OMB extend its approval of this
collection.
Description: 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 Consumer
Financial 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 federal and state 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.
On October 26, 2018, the OCC issued a notice for 60 days of comment
concerning this collection, 83 FR 54174. No comments were received.
Comments continue to be 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.
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Dated: February 26, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2019-03843 Filed 3-1-19; 8:45 am]
BILLING CODE 4810-33-P