[Federal Register Volume 87, Number 88 (Friday, May 6, 2022)]
[Notices]
[Pages 27201-27202]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-09723]


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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, 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.'' The OCC 
also is giving notice that it has sent the collection to OMB for 
review.

[[Page 27202]]


DATES: Comments must be received by June 6, 2022.

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: Chief Counsel's Office, Attention: Comment 
Processing, 1557-0314, Office of the Comptroller of the Currency, 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.
    Written comments and recommendations for the proposed information 
collection should also be sent within 30 days of publication of this 
notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
    On February 17, 2022, the OCC published a 60-day notice for this 
information collection, 87 FR 9103. You may review comments and other 
related materials that pertain to this information collection following 
the close of the 30-day comment period for this notice by the method 
set forth in the next bullet.
     Viewing Comments Electronically: Go to www.reginfo.gov. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection Review'' drop-down menu. From the ``Currently 
under Review'' 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.

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. 
If you are deaf, hard of hearing, or have a speech disability, please 
dial 7-1-1 to access telecommunications relay services.

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 asks that OMB extend its approval of the 
collection in this document.
    Abstract: 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 OCC, the Board of 
Governors of the Federal Reserve (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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    \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 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 February 17, 2022, the OCC published a 60-day notice for this 
information collection, 87 FR 9103. 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.

Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2022-09723 Filed 5-5-22; 8:45 am]
BILLING CODE 4810-33-P