If OCC has not
done so in the last two years, it should consult with OTS and (as
appropriate) FDIC, FRB, NCUA, and FHLBB as to experiences and best
practices for this information collection. The goal is to seek how
to: (1) minimize paperwork burden, (2)in- crease the practical
utility of the information, and (3) as appro priate, assess the
practicality of automated collection. In the next ICR (but no
earlier than 12 months hence), OCC shall report on the implications
for this information collection, if any, of the consultation.
Inventory as of this Action
Requested
Previously Approved
05/31/2008
05/31/2008
05/31/2005
230,000
0
230,000
58,650
0
58,650
0
0
0
Part 22 requires notifications,
disclosures, and recordkeeping in connection with certain loans
located in flood hazard ares. Borrowers use the information to make
valid purchase decisions. The OCC uses the records to verify
compliance.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.