[Federal Register Volume 90, Number 234 (Tuesday, December 9, 2025)]
[Notices]
[Pages 57049-57051]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-22359]
[[Page 57049]]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0046; -0118; -0174; -0188]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation.
ACTION: Notice and request for comment.
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SUMMARY: The Federal Deposit Insurance Corporation (FDIC), as part of
its obligations under the Paperwork Reduction Act of 1995 (PRA),
invites the general public and other Federal agencies to take this
opportunity to comment on the renewal of the existing information
collections described below (OMB Control No. 3064-0046; -0118; -0174
and -0188).
DATES: Comments must be submitted on or before February 9, 2026.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/.
Email: [email protected]. Include the name and number of
the collection in the subject line of the message.
Mail: Robert Meiers, Regulatory Counsel, MB-3013, Federal
Deposit Insurance Corporation, 550 17th Street NW, Washington, DC
20429.
Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street NW building (located on F Street
NW), on business days between 7 a.m. and 5 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Robert Meiers, Regulatory Counsel,
703-562-6414, [email protected], MB-3013, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
1. Title: Home Mortgage Disclosure (HMDA).
OMB Number: 3064-0046.
Form Number: N/A.
Affected Public: Insured State nonmember banks.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0046]
----------------------------------------------------------------------------------------------------------------
Type of burden Number of Average time
Information collection (IC) (frequency of Number of responses per per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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Full Data--HMDA (12 CFR Reporting 353 1237 00:35 254,719
1003.4(a) and 1003.5(a)(3)). (Annual).
Partial Data--HMDA (12 CFR Reporting 1,078 170 00:20 61,087
1003.4(a) and 1003.5(a)(3)). (Annual).
Retain copy of LAR for at Recordkeeping 1,431 1 00:30 716
least three years (12 CFR (Annual).
1003.5(a)(1)(i)).
Make the written notices Recordkeeping 1,431 1 00:10 239
required under 12 CFR (Annual).
1003.5(b)(2) and 1003.5(c)(1)
available for five and three
years, respectively (12 CFR
1003.5(d)(1)).
Record LAR data within 30 days Recordkeeping 192 1 12:00 2,304
after the end of the calendar (One time).
quarter in which final action
is taken (New reporters) (12
CFR 1003.4(f)).
Record LAR data within 30 days Recordkeeping 1,431 4 01:30 8,586
after the end of the calendar (Quarterly).
quarter in which final action
is taken (All reporters) (12
CFR 1003.4(f)).
Provide written notice upon Third-party 1,431 1 00:30 716
request that the FFIEC Disclosure
disclosure statement is (Annual).
available on the CFPB's
website (12 CFR 1003.5(b)(2)).
Provide written notice upon Third-party 1,431 1 00:30 716
request that the Disclosure (On
institution's modified LAR is Occasion).
available on the CFPB's
website (12 CFR 1003.5(c)(1)).
Make the FFIEC disclosure Third-party 72 1 01:00 72
statement and/or modified LAR Disclosure (On
available to the public Occasion).
directly through the
institution (12 CFR
1003.5(d)(2)).
General notice of availability Third-party 192 1 01:00 192
of HMDA data in lobby of home Disclosure (One
office and each branch office time).
located in each MSA and each
MD (12 CFR 1003.5(e)).
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Total Annual Burden ................ .............. .............. .............. 329,347
(Hours).
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Source: FDIC.
General Description of Collection: The Board of Governors of the
Federal Reserve System promulgated Regulation C, 12 CFR part 203, to
implement the HMDA, 12 U.S.C. 2801-2810. Regulation C requires
depository institutions that meet its asset-size threshold to maintain
data about home loan applications (the type of loan requested, the
purpose of the loan, whether the loan was approved, and the type of
purchaser if the loan was later sold), to update the information
quarterly, and to report the information annually. Pursuant to
Regulation C, insured State nonmember banks supervised by the FDIC with
assets over a certain dollar threshold must collect,
[[Page 57050]]
record, and report data about home loan applications. The total
estimated annual burden for this information collection is 329,347
hours. This represents a 44-percent decrease from the 2022 information
collection. The decrease is driven by a reduction in the estimated
number of responses per respondent.
2. Title: Management Official Interlocks.
OMB Number: 3064-0118.
Form Number: N/A.
Affected Public: Insured State nonmember banks and State savings
associations.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0118]
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Type of burden Number of Average time
Information collection (IC) (frequency of Number of responses per per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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1. Management Official Reporting (On 3 1 09:00 27
Interlocks (Mandatory). Occasion).
2. Management Official Recordkeeping 3 1 06:00 18
Interlocks (Mandatory). (On Occasion).
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Total Annual Burden ................ .............. .............. .............. 45
(Hours).
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Source: FDIC.
General Description of Collection: The FDIC's Management Official
Interlocks regulation, 12 CFR part 348, which implements the Depository
Institutions Management Interlocks Act (DIMIA), 12 U.S.C. 3201-3208,
generally prohibits bank management officials from serving
simultaneously with two unaffiliated depository institutions or their
holding companies but allows the FDIC to grant exemptions in
appropriate circumstances. Consistent with DIMIA, the FDIC's Management
Official Interlocks regulation has an application requirement for
information specified in the FDIC's procedural regulation. The rule
also contains a notification requirement. There is no change in the
method or substance of the collection. The increase of 38 hours from 7
in 2023 to the current estimate of 45 hours is due to an increase in
respondents and revised estimates of time per response for applications
and recordkeeping.
3. Title: Funding and Liquidity Risk Management.
OMB Number: 3064-0174.
Form Number: N/A.
Affected Public: Businesses or other for-profits.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0174]
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Type of burden Number of Average time
Information collection (IC) (frequency of Number of responses per per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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Strategies, Policies, Recordkeeping 2,854 1 6:45 19,265
Procedures, and Risk (Annual).
Tolerances (Voluntary).
Liquidity Risk Measurement, Recordkeeping 2,854 12 9:30 325,356
Monitoring, and Reporting (Monthly).
(Voluntary).
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Total Annual Burden ................ .............. .............. .............. 344,621
(Hours).
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Source: FDIC.
General Description of Collection: The information collection
includes reporting and recordkeeping burdens related to sound risk
management principles applicable to insured depository institutions. To
enable an institution and its supervisor to evaluate the liquidity risk
exposure of an institution's individual business lines and for the
institution as a whole, the Interagency Policy Statement on Funding and
Liquidity Risk Management (Interagency Statement) summarizes principles
of sound liquidity risk management and advocates the establishment of
policies and procedures that consider liquidity costs, benefits, and
risks in strategic planning. In addition, the Interagency Statement
encourages the use of liquidity risk reports that provide detailed and
aggregate information on items such as cash flow gaps, cash flow
projections, assumptions used in cash flow projections, asset and
funding concentrations, funding availability, and early warning or risk
indicators. This is intended to enable management to assess an
institution's sensitivity to changes in market conditions, the
institution's financial performance, and other important risk factors.
There is no change in the substance of this collection. The estimated
annual burden for this information collection request (ICR) is 344,621
hours per year. This estimate represents a 32-percent decrease from the
2023 ICR estimate of 503,881 hours per year. The decrease is driven by
the change in methodology for estimating the burden for each response.
4. Title: Appraisals for Higher-Priced Mortgage Loans.
OMB Number: 3064-0188.
Form Number: N/A.
Affected Public: Insured State nonmember banks and State savings
associations.
Burden Estimate:
[[Page 57051]]
Summary of Estimated Annual Burden
[OMB No. 3064-0188]
----------------------------------------------------------------------------------------------------------------
Type of burden Number of Average time
Information collection (IC) (frequency of Number of responses per per response Annual burden
(obligation to respond) response) respondents respondent (HH:MM) (hours)
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1. Disclose to applicant that Disclosure (On 2,743 10.25 00:01 469
the IDI may obtain an Occasion).
appraisal for the property,
12 CFR 1026.35(c)(5)(i)
(Mandatory).
2. Provide copy of written Disclosure (On 2,743 11.03 00:08 4,034
appraisal to the consumer, 12 Occasion).
CFR 1026.35(c)(6)(i)
(Mandatory).
3. Provide documentation of Disclosure (On 2,743 5.07 00:05 1,159
property value to the Occasion).
consumer in lieu of an
appraisal, 12 CFR
1026.35(c)(2)(viii)(B)
(Mandatory).
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Total Annual Burden ................ .............. .............. .............. 5,662
(Hours).
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Source: FDIC.
General Description of Collection: Section 1471 of the Dodd-Frank
Act established a new Truth in Lending section 129H, which contains
appraisal requirements applicable to higher-risk mortgages and
prohibits a creditor from extending credit in the form of a higher-risk
mortgage loan to any consumer without meeting those requirements. A
higher-risk mortgage is defined as a residential mortgage loan secured
by a principal dwelling with an annual percentage rate that exceeds the
average prime offer rate for a comparable transaction as of the date
the interest rate is set by certain enumerated percentage point
spreads. The rule requires that, within three days of application, a
creditor provide a disclosure that informs consumers regarding the
purpose of the appraisal, that the creditor will provide the consumer a
copy of any appraisal, and that the consumer may choose to have a
separate appraisal conducted at the expense of the consumer. If a loan
meets the definition of a higher-risk mortgage loan, then the creditor
would be required to obtain a written appraisal prepared by a certified
or licensed appraiser who conducts a physical visit of the interior of
the property that will secure the transaction and send a copy of the
written appraisal to the consumer. To qualify for the safe harbor
provided under the rule, a creditor is required to review the written
appraisal as specified in the text of the rule and appendix A. If a
loan is classified as a higher-risk mortgage loan that will finance the
acquisition of the property to be mortgaged, and the property was
acquired within the previous 180 days by the seller at a price that was
lower than the current sale price, then the creditor is required to
obtain an additional appraisal. A creditor is required to provide the
consumer a copy of the appraisal reports performed in connection with
the loan, without charge, at least days prior to consummation of the
loan. There is no change in the method or substance of the collection.
The decrease of 1,750 hours from 7,412 in 2022 to the current estimate
of 5,662 hours is due to a decrease in respondents and number of
responses per respondent.
Request for Comment
Comments are invited on (a) whether the collections of information
are necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collections,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collections of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on December 5, 2025.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2025-22359 Filed 12-8-25; 8:45 am]
BILLING CODE 6714-01-P