[Federal Register Volume 80, Number 233 (Friday, December 4, 2015)]
[Notices]
[Pages 75896-75897]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30644]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Information Collection
Renewal; Request for Comment; Interagency Appraisal Complaint Form
AGENCY: Office of the Comptroller of the Currency, Treasury (OCC) and
Federal Deposit Insurance Corporation (FDIC).
ACTION: Joint notice and request for comment.
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SUMMARY: The Office of the Comptroller of the Currency (OCC) and the
Federal Deposit Insurance Corporation (FDIC) (the Agencies) as part of
their continuing effort to reduce paperwork and respondent burden,
invite 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 Agencies are soliciting comment
concerning the renewal of their information collection titled
``Interagency Appraisal Complaint Form.''
DATES: Comments must be received by February 2, 2016.
ADDRESSES: OCC: Because paper mail in the Washington, DC area and at
the OCC is subject to delay, commenters are encouraged to submit
comments by email, if possible. Comments may be sent to: Legislative
and Regulatory Activities Division, Office of the Comptroller of the
Currency, Attention: 1557-0314, 400 7th Street SW., Suite 3E-218, Mail
Stop 9W-11, Washington, DC 20219. In addition, comments may be sent by
fax to (571) 465-4326 or by electronic mail to [email protected].
You may personally inspect and photocopy comments at the OCC, 400 7th
Street SW., Washington, DC 20219. 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 hard of
hearing, 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 and photocopy comments.
All 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.
FDIC: You may submit comments by any of the following methods:
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
Agency Web site: http://www.FDIC.gov/regulations/laws/federal/notices.html.
Mail: Robert E. Feldman, Executive Secretary, Attention:
Comments/Legal ESS, Federal Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
Hand Delivered/Courier: The guard station at the rear of
the 550 17th Street Building (located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
Email: [email protected].
Instructions: Comments submitted must include ``FDIC'' and
``Interagency Appraisal Complaint Form.'' Comments received will be
posted without change to http://www.FDIC.gov/regulations/laws/federal/notices.html, including any personal information provided.
FOR FURTHER INFORMATION CONTACT:
OCC: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490,
Legislative and Regulatory Activities Division, Office of the
Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.
FDIC: Beverlea S. Gardner, Senior Examination Specialist, Risk
Management Section, at (202) 898-3640, Sumaya A. Muraywid, Examination
Specialist, Risk Management Section, at (573) 875-6620, Richard Foley,
Counsel, Legal Division, at (202) 898-3784, Mark Mellon, Counsel, Legal
Division, at (202) 898-3884, or 550 17th St. NW., Washington, DC 20429.
SUPPLEMENTARY INFORMATION: In compliance with the Paperwork Reduction
Act, 44 U.S.C. 3501 et seq., the Agencies are seeking comment on the
renewal of the following collection of information:
Interagency Appraisal Complaint Form
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 the Agencies, the
Federal Reserve Board (Board), the National Credit Union Administration
(NCUA), the Consumer Financial
[[Page 75897]]
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 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 Agencies, the Board, the NCUA, 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, the
Board, and the NCUA 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.
Description of the Interagency Appraisal Complaint Form
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 Agencies, the Board, or the
NCUA has failed to comply with the appraisal independence standards or
USPAP. The Interagency Appraisal Complaint Form is designed to collect
information necessary for one or both of the Agencies, the Board, or
the NCUA to take further action on a complaint from an appraiser, other
individual, financial institution, or other entities. The Agencies, the
Board, and the NCUA use the information to take further action on the
complaint to the extent the complaint relates to an issue within their
jurisdiction. The Board and the NCUA are renewing their forms
separately.
The OCC and FDIC estimate that the burden of this collection of
information is as follows:
OCC:
OMB Control Number: 1557-0314.
Estimated Number of Respondents: 1,500.
Estimated Burden per Response: 0.5 hours.
Estimated Total Annual Burden: 750 hours.
FDIC:
OMB Control Number: 3064-0190.
Estimated Number of Respondents: 200.
Estimated Burden per Response: 0.5 hours.
Estimated Total Annual Burden: 100 hours.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the Agencies, including whether
the information has practical utility;
(b) The accuracy of the Agencies' 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: November 24, 2015.
Mary H. Gottlieb,
Regulatory Specialist, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
Dated at Washington, DC, this 25th day of November 2015.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-30644 Filed 12-3-15; 8:45 am]
BILLING CODE 4810-33-P 6714-01-P