[Federal Register Volume 87, Number 151 (Monday, August 8, 2022)]
[Rules and Regulations]
[Pages 48079-48080]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-16961]



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 Rules and Regulations
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains regulatory documents 
 having general applicability and legal effect, most of which are keyed 
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  Federal Register / Vol. 87, No. 151 / Monday, August 8, 2022 / Rules 
and Regulations  

[[Page 48079]]



FEDERAL DEPOSIT INSURANCE CORPORTATION

12 CFR Parts 338 and 343

RIN 3064-AF84


Fair Housing Rule, Consumer Protection in Sales of Insurance 
Rule; Technical Correction

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Technical correction.

-----------------------------------------------------------------------

SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is making 
technical corrections to two regulations to reflect a reorganization 
and change in the name of its former Consumer Response Center. The new 
name is the National Center for Consumer and Depositor Assistance 
(NCDA). The two regulations are the FDIC's Fair Housing Rule and its 
Consumer Protection in Sales of Insurance Rule.

DATES: Effective August 8, 2022.

FOR FURTHER INFORMATION CONTACT: Alys V. Brown, Attorney, Legal 
Division, 202-898-3565, [email protected]; Thaddeus J. King, Policy 
Analyst, Division of Depositor and Consumer Protection, 202-898-3541, 
[email protected].

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations that are subject to this technical correction 
are the Fair Housing Rule and the Consumer Protection in Sales of 
Insurance Rule. The Fair Housing Rule prohibits FDIC-supervised 
institutions from engaging in discriminatory advertising involving 
residential real estate-related transactions. The Consumer Protection 
in Sales of Insurance Rule prohibits certain actions in connection with 
retail sales practices, solicitations, advertising, or offers of 
insurance products.

Need for, and Effects of, the Technical Correction

    Historically, the FDIC operated two separate offices to handle its 
consumer assistance and depositor assistance functions, the Consumer 
Response Center and the Deposit Insurance Section respectively. To 
improve the efficiency and effectiveness of these offices and better 
serve consumers and depositors, the FDIC consolidated the two offices 
under one organization, entitled the National Center for Consumer and 
Depositor Assistance.
    To ensure that consumers have the most up to date information on 
how to contact the FDIC to submit consumer complaints and deposit 
insurance inquiries, the FDIC is making technical corrections to 12 CFR 
part 338 and 12 CFR part 343 to replace references to the ``Consumer 
Response Center'' with the ``National Center for Consumer and Depositor 
Assistance,'' and to correct web addresses.
    This technical correction may benefit some consumers by making it 
easier for them to contact the FDIC regarding complaints or questions 
about deposit insurance. The correction does not change any FDIC 
requirements affecting its supervised institutions.

List of Subjects

12 CFR Part 338

    Aged, Banks, banking, Civil rights, Credit, Fair housing, 
Individuals with disabilities, Marital status discrimination, 
Mortgages, Religious discrimination, Reporting and recordkeeping 
requirements, Savings associations, Sex discrimination, Signs and 
symbols.

12 CFR Part 343

    Banks, banking, Consumer protection, Insurance, Savings 
associations.

Authority and Issuance

    For the reasons stated in the preamble, the FDIC amends 12 CFR 
parts 338 and 343 as follows:

PART 338--FAIR HOUSING

0
1. The authority citation for part 338 continues to read as follows:

    Authority: 12 U.S.C. 1817, 1818, 1819, 1820(b), 2801 et seq.; 15 
U.S.C. 1691 et seq.; 42 U.S.C. 3605, 3608; 12 CFR parts 1002, 1003; 
24 CFR part 110.


0
2. Amend Sec.  338.4 by revising paragraph (b) to read as follows:


Sec.  338.4   Fair Housing Poster.

* * * * *
    (b) The Equal Housing Lender Poster shall be at least 11 by 14 
inches in size and have the following text:
    We Do Business in Accordance with Federal Fair Lending Laws.
    UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF 
RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL 
STATUS (HAVING CHILDREN UNDER THE AGE OF 18) TO:
     Deny a loan for the purpose of purchasing, constructing, 
improving, repairing or maintaining a dwelling or to deny any loan 
secured by a dwelling; or
     Discriminate in fixing the amount, interest rate, 
duration, application procedures, or other terms or conditions of such 
a loan or in appraising property.
    IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND 
A COMPLAINT TO:
    Assistant Secretary for Fair Housing and Equal Opportunity, 
Department of Housing and Urban Development, Washington, DC 20410.
    For processing under the Federal Fair Housing Act
    AND TO:
    Federal Deposit Insurance Corporation, National Center for Consumer 
and Deposit Assistance, https://ask.fdic.gov/fdicinformationandsupportcenter.
    For processing under the FDIC Regulations.
    UNDER THE EQUAL CREDIT OPPORTUNITY ACT, IT IS ILLEGAL TO 
DISCRIMINATE IN ANY CREDIT TRANSACTION:
     On the basis of race, color, national origin, religion, 
sex, marital status, or age;
     Because income is from public assistance; or
     Because a right has been exercised under the Consumer 
Credit Protection Act.
    IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND 
A COMPLAINT TO:
    Federal Deposit Insurance Corporation, National Center for Consumer 
and Deposit Assistance,

[[Page 48080]]

https://ask.fdic.gov/fdicinformationandsupportcenter.
* * * * *

PART 343--CONSUMER PROTECTION IN SALES OF INSURANCE

0
3. The authority citation for part 343 continues to read as follows:

    Authority: 12 U.S.C. 1819 (Seventh and Tenth), 1831x.


0
4. Revise appendix A to part 343 to read as follows:

Appendix A to Part 343--Consumer Grievance Process

    Any consumer who believes that any institution or any other 
person selling, soliciting, advertising, or offering insurance 
products or annuities to the consumer at an office of the 
institution or on behalf of the institution has violated the 
requirements of this part should contact the Division of Depositor 
and Consumer Protection, National Center for Consumer and Deposit 
Assistance, Federal Deposit Insurance Corporation, 1100 Walnut 
Street, Box #11, Kansas City, MO 64106, or telephone 1-877-275-3342, 
or FDIC Electronic Customer Assistance Form at https://ask.fdic.gov/fdicinformationandsupportcenter.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on August 3, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-16961 Filed 8-5-22; 8:45 am]
BILLING CODE 6714-01-P