60 - Day Federal Register Notice

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Federal Register / Vol. 88, No. 28 / Friday, February 10, 2023 / Notices

The period of noncompliance shall
end when corrective actions are
completed.
2. The EPA or its delegated authority
may conduct audits of the LDSN at any
time, using the same approach as
outlined in IV.E(1), to determine NC
leakers. For each NC leaker found
during any inspection by the EPA or its
delegated authority, the requirements in
paragraphs IV.E.(1)(f) through (j) apply.
3. FHR may stop conducting the
additional annual compliance
demonstration required in IV.E(1) if no
NC leaks are identified with Method 21
of appendix A–7 of part 60 over a period
of 2 consecutive calendar years.
Panagiotis Tsirigotis,
Director, Office of Air Quality Planning and
Standards.
[FR Doc. 2023–02811 Filed 2–9–23; 8:45 am]
BILLING CODE 6560–50–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0112; –0125; –0177]

Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
Federal Deposit Insurance
Corporation (FDIC).

AGENCY:

ACTION:

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.

Notice and request for comment.

The 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. 3064–0112; –0125
and –0177).

SUMMARY:

FOR FURTHER INFORMATION CONTACT:

Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.

Comments must be submitted on
or before April 11, 2023.

DATES:

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: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
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 7:00 a.m. and 5:00 p.m.

ADDRESSES:

SUPPLEMENTARY INFORMATION:

Proposal to renew the following
currently approved collection of
information:
1. Title: Real Estate Lending
Standards.
OMB Number: 3064–0112.
Forms: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:

SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0112]
Number of
respondents

Number of
responses per
respondent

Time per
response
(HH:MM)

Information collection
(obligation to respond)

Type of burden
(frequency of response)

Annual burden
(hours)

1. Real Estate Lending Standards,
12 CFR 365 (Mandatory).

Recordkeeping (Annual) ..................

3,086

1

20:00

61,720

Total Annual Burden (Hours): ....

...........................................................

........................

........................

........................

61,720

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Source: FDIC.

General Description of Collection:
Section 1828(o) of the Federal Deposit
Insurance Act requires each federal
banking agency to adopt uniform
regulations prescribing real estate
lending standards. Part 365 of the FDIC
Rules and Regulations, which
implements section 1828(o), requires
institutions to have real estate lending
policies that include (a) limits and
standards consistent with safe and
sound banking practices; (b) prudent
underwriting standards, including loanto-value ratio (LTV) limits that are clear
and measurable; (c) loan administration

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policies; (d) documentation, approval
and reporting requirements; and (e) a
requirement for annual review and
approval by the board of directors. The
rule also establishes supervisory LTV
limits and other underwriting
considerations in the form of guidelines.
Since banks generally have written
policies on real estate lending, the
additional burden imposed by this
regulation is limited to modifications to
existing policies necessary to bring
those policies into compliance with the
regulation and the development of a
system to report loans in excess of the

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guidelines to the board of directors.
There is no change in the substance or
methodology of this information
collection. The change in burden is due
to a decrease in the number of
respondents.
2. Title: Foreign Banking and
Investment by Insured State
Nonmember Banks.
OMB Number: 3064–0125.
Forms: None.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:

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8861

Federal Register / Vol. 88, No. 28 / Friday, February 10, 2023 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN
[OMB No. 3064–0125]
Number of
responses per
respondent

Number of
respondents

Time per
response
(HH:MM)

Information collection
(obligation to respond)

Type of burden
(frequency of response)

Annual burden
(hours)

1. Notices or applications to establish, move, or close a foreign
branch, 12 CFR 303.182 (Mandatory).
2. Filings for authorization for foreign
branch to engage in activities
other than those permitted under
12 CFR 347.115, 12 CFR 303
(Mandatory).
3. Filings to invest in foreign organizations, or to engage in certain
activities through foreign organizations, 12 CFR 303.183(b) and.
303.121, (Mandatory) ........................
4. Merger transactions involving foreign organizations, 12 CFR
303.185(b) and 12 CFR 303.62
(Mandatory).
5. Filings by insured state nonmember banks to invest in, or divest its interest in, a foreign organization, 12 CFR 303.183 (Mandatory).
6. Notice of foreign divestiture of foreign
organization,
12
CFR
303.183(d) (Mandatory).
7. Document policies and procedures for supervision of foreign activities, 12 CFR 347.116 (Mandatory).

Reporting (On Occasion) .................

1

1

02:00

2

Reporting (On Occasion) .................

1

1

40:00

40

Reporting (On Occasion) .................

2

1

60:00

120

Reporting (On Occasion) .................

1

1

06:00

6

Reporting (On Occasion) .................

1

1

02:00

2

Reporting (On Occasion) .................

1

1

01:00

1

Recordkeeping (Annual) ..................

6

1

400:00

2,400

Total Annual Burden (Hours): ....

...........................................................

........................

........................

........................

2,571

Source: FDIC.

General Description of Collection: The
Federal Deposit Insurance (FDI) Act
requires state nonmember banks to
obtain FDIC consent to establish or
operate a foreign branch, or to acquire
and hold, directly or indirectly, stock or
other evidence of ownership in any
foreign bank or other entity. The FDI
Act also authorizes the FDIC to impose
conditions for such consent and to issue
regulations related thereto. This

Assets Transferred by an Insured
Depository Institution in Connection
With a Securitization or Participation
after September 30, 2010.
OMB Number: 3064–0177.
Forms: None.
Affected Public: Insured Depository
Institutions.
Burden Estimate:

collection is a direct consequence of
those statutory requirements. There is
no change in the substance or
methodology of this information
collection. The change in burden is due
to a decline in the number of FDICsupervised institutions that operate
foreign branches and one fewer
estimated respondent to IC 6.
3. Title: Treatment by the FDIC as
Conservator or Receiver of Financial

SUMMARY OF ESTIMATED ANNUAL BURDEN

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[OMB No. 3064–0177]
Time per
response
(HH:MM)

Type of burden
(frequency of response)

1. Credit performance and changes
to compensation arrangements, 12
CFR 360.6(b)(2)(i)(C) & (D) (Mandatory).
2. Securitization structure and initial
compensation arrangements, 12
CFR 360.6(b)(2)(i)(B) & (D) (Mandatory).

Disclosure (Monthly) ........................

28

125.857

02:00

7,048

Disclosure (On Occasion) ................

28

10.488

03:00

882

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Number of
respondents

Number of
responses per
respondent

Information collection
(obligation to respond)

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Annual burden
(hours)

8862

Federal Register / Vol. 88, No. 28 / Friday, February 10, 2023 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN—Continued
[OMB No. 3064–0177]
Number of
responses per
respondent

Number of
respondents

Time per
response
(HH:MM)

Information collection
(obligation to respond)

Type of burden
(frequency of response)

Annual burden
(hours)

3. Residential mortgages: loan-level
information and sponsor’s disclosure of third-party due diligence
report
on
compliance
with
360.6(b)(2)(ii)(B),
12
CFR
360.6(b)(2)(ii)(A) & (B) (Mandatory).
4. Residential mortgages: servicer or
affiliate ownership interests,.
12 CFR 360.6(b)(2)(ii)(C) (Mandatory).
5. Securitization documents, 12 CFR
360.6(c)(7) (Mandatory).

Disclosure (On Occasion) ................

3

3.667

02:00

22

Disclosure (On Occasion) ................

19

4.789

01:00

91

Recordkeeping (On Occasion) .........

28

10.488

01:00

294

Total Annual Burden (Hours): ....

...........................................................

........................

........................

........................

8,337

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Source: FDIC.

General Description of Collection: Part
360.6 of the FDIC’s regulations sets forth
certain conditions that must be satisfied
for a securitization transaction
sponsored by an insured depository
institution to be eligible for special
treatment in the event that the FDIC is
appointed receiver for the sponsor.
Among other conditions, the
securitization documents must require
compliance with certain disclosure
requirements (including the
requirements of Regulation AB of the
Securities and Exchange Commission).
Conditions of eligibility for special
treatment for participations in financial
assets under part 360.6 are also set forth.
Based upon a closer review of the
Rule, the FDIC has re-categorized the
information collection requirements in
12 CFR part 360.6 into five distinct
information collections (ICs) covering:
(1) periodic disclosures of credit
performance or changes to initial
compensation arrangements under 12
CFR 360.6(b)(2)(i)(C) and (D); (2)
disclosures of initial compensation
arrangements and securitization
structure under 12 CFR 360.6(b)(2)(i)(B)
and (D); (3) sponsors’ disclosures of
loan-level information and third-party
due diligence reports for RMBSs under
12 CFR 360.6(b)(2)(ii)(A) and (B); (4)
servicers’ disclosures of servicer or
affiliate ownership interests for
securitizations in which the assets
include residential mortgage loans
under 12 CFR 360.6(b)(2)(ii)(C); and (5)
a recordkeeping requirement that the
closing documents of a securitization be
maintained in a readily accessible form
under 12 CFR 360.6(c)(7). The burden
associated with these five categories are
enumerated in the estimated burden

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table which now identifies the
regulatory authorities for each IC.
While there is no change in the
substance of the information collection,
the ICR is being revised to reflect the recategorization of the PRA requirements
in 12 CFR part 360.6 into five distinct
ICs. The additional IC was added to this
ICR to recognize the periodic credit
performance disclosure requirement.
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 February 7,
2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–02848 Filed 2–9–23; 8:45 am]
BILLING CODE 6714–01–P

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FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (Act) (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
applications are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
The public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
standards enumerated in paragraph 7 of
the Act.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than February 27, 2023.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414
1. The Joy A. Nelson Trust dated
March 12, 2020, Joy A. Nelson, as

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