30-Day FR Notice

1557-0324 30-Day FRN for Appraisal Management Companies (Part 34) (89 FR 104307).pdf

Minimum Standards for State Registration of Appraisal Management Companies

30-Day FR Notice

OMB: 1557-0324

Document [pdf]
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Federal Register / Vol. 89, No. 245 / Friday, December 20, 2024 / Notices
Landing Page at https://
amis.cdfifund.gov.
VII. Information Sessions and Outreach
The CDFI Fund may conduct
webcasts, webinars, or information
sessions for organizations that are
considering applying to, or are
interested in learning about, the CDFI
Bond Guarantee Program. The CDFI
Fund intends to provide targeted
outreach to both Qualified Issuer and
Eligible CDFI participants to clarify the
roles and requirements under the CDFI
Bond Guarantee Program. For further
information, or to sign up for alerts,
please visit the CDFI Fund’s website at
http://www.cdfifund.gov.
Authority: Pub. L. 111–240; 12 U.S.C.
4701, et seq.; 12 CFR part 1808; 12 CFR
part 1805;12 CFR part 1815.
Pravina Raghavan,
Director, Community Development Financial
Institutions Fund.
[FR Doc. 2024–30269 Filed 12–19–24; 8:45 am]
BILLING CODE 4810–05–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Information Collection
Renewal; Submission for OMB Review;
Appraisal Management Companies
Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for
comment.
AGENCY:

The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites
comment on a continuing information
collection, as required by the Paperwork
Reduction Act of 1995 (PRA). In
accordance with the requirements of the
PRA, the OCC may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. The OCC is
soliciting comment concerning a
revision to its information collection
titled, ‘‘Appraisal Management
Companies.’’ The OCC also is giving
notice that it has sent the collection to
OMB for review.
DATES: Comments must be received by
January 21, 2025.
ADDRESSES: Commenters are encouraged
to submit comments by email, if
possible. You may submit comments by
any of the following methods:

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SUMMARY:

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• Email: prainfo@occ.treas.gov.
• Mail: Chief Counsel’s Office,
Attention: Comment Processing, Office
of the Comptroller of the Currency,
Attention: 1557–0324, 400 7th Street
SW, Suite 3E–218, Washington, DC
20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
• Fax: (571) 293–4835.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0324’’ in your comment. In general, the
OCC will publish comments on
www.reginfo.gov without change,
including any business or personal
information provided, such as name and
address information, email addresses, or
phone numbers. 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.
Written comments and
recommendations for the proposed
information collection should also be
sent within 30 days of publication of
this notice to www.reginfo.gov/public/
do/PRAMain. You can find this
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by the method set forth in
the next bullet.
• Viewing Comments Electronically:
Go to www.reginfo.gov. Hover over the
‘‘Information Collection Review’’ tab
and click on ‘‘Information Collection
Review’’ from the drop-down menu.
From the ‘‘Currently under Review’’
drop-down menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching OMB control number ‘‘1557–
0324’’ or ‘‘Appraisal Management
Companies.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.

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104307

FOR FURTHER INFORMATION CONTACT:

Shaquita Merritt, Clearance Officer,
(202) 649–5490, Chief Counsel’s Office,
Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219. If you are deaf,
hard of hearing, or have a speech
disability, please dial 7–1–1 to access
telecommunications relay services.
Under the
PRA (44 U.S.C. 3501 et seq.), Federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. The OCC
asks the OMB to extend its approval of
the collection in this notice.
Title: Appraisal Management
Companies.
OMB Control No.: 1557–0324.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit.
Description: This information
collection comprises recordkeeping and
disclosure requirements under
regulations issued by the OCC, jointly
with the Federal Deposit Insurance
Corporation, the Board of Governors of
the Federal Reserve System, the
National Credit Union Administration,
the Bureau of Consumer Financial
Protection, and the Federal Home
Finance Agency, that implement the
minimum requirements in section 1473
of the Dodd-Frank Wall Street Reform
and Consumer Protection Act (DoddFrank Act) to be applied by States in the
registration and supervision of appraisal
management companies (AMCs). The
regulations also implement the
requirement in section 1473 of the
Dodd-Frank Act for States to report to
the Appraisal Subcommittee of the
Federal Financial Institutions
Examination Council the information
required by the ASC to administer the
new national registry of appraisal
management companies (AMC National
Registry or Registry). The information
collection requirements are established
in 12 CFR part 34 of the OCC’s codified
regulations. There is no change in the
methodology or substance of this
information collection. The decrease in
total estimated annual burden from
2,455 in 2021 to 1,991 currently is due
to a change in the estimated number or
respondents.
Estimated Burden:

SUPPLEMENTARY INFORMATION:

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104308

Federal Register / Vol. 89, No. 245 / Friday, December 20, 2024 / Notices
SUMMARY OF ESTIMATED ANNUAL BURDEN (OMB NO. 1557–0324)

Information collection (IC) (obligation to respond)

Type of burden
(frequency of response)

1. Written Notice of Appraiser Removal from Network or Panel,
12 CFR 34.212(b) (Mandatory).
2. Develop and Maintain a State Licensing Program, 12 CFR
34.213(a) and (b) (Mandatory).
3. AMC Disclosure Requirements (State regulated AMCs), 12
CFR 34.214 (Mandatory).
4. AMC Disclosure Requirements (Federally regulated AMCs),
12 CFR 34.215(c) (Mandatory).

Disclosure (On occasion) ........

Total Annual Burden (Hours): .............................................

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Estimated Total Annual Burden:
1,991 hours.
Comments: On October 15, 2024, the
OCC published a 60-day notice for this
information collection, (89 FR 83087).
No comments were received.
Comments continue to be invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’s
estimate 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,

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Number of
responses per
respondent

Number of
respondents

Time per
response
(HH:MM)

Annual burden
(hours)

8,481

1

00:05

707

1

1

40:00

40

Disclosure (On occasion) ........

1,206

1

01:00

1,206

Disclosure (On occasion) ........

38

1

01:00

38

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

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

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

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

1,991

Recordkeeping (On occasion)

maintenance, and purchase of services
to provide information.
Patrick T. Tierney,
Assistant Director, Office of the Comptroller
of the Currency.

persons are blocked, and U.S. persons
are generally prohibited from engaging
in transactions with them.

[FR Doc. 2024–30447 Filed 12–19–24; 8:45 am]

This action was issued on
December 17, 2024. See SUPPLEMENTARY
INFORMATION for relevant dates.

BILLING CODE 4810–33–P

FOR FURTHER INFORMATION CONTACT:

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control

DATES:

OFAC: Associate Director for Global
Targeting, 202–622–2420; Assistant
Director for Sanctions Compliance, 202–
622–2490; or https://ofac.treasury.gov/
contact-ofac.

Notice of OFAC Sanctions Action

SUPPLEMENTARY INFORMATION:

Office of Foreign Assets
Control, Treasury.
ACTION: Notice.

Electronic Availability

AGENCY:

The U.S. Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of one or more persons that have been
placed on OFAC’s Specially Designated
Nationals and Blocked Persons List
(SDN List) based on OFAC’s
determination that one or more
applicable legal criteria were satisfied.
All property and interests in property
subject to U.S. jurisdiction of these

SUMMARY:

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The SDN List and additional
information concerning OFAC sanctions
programs are available on OFAC’s
website: https://ofac.treasury.gov.
Notice of OFAC Action
On December 17, 2024, OFAC
determined that the property and
interests in property subject to U.S.
jurisdiction of the following persons are
blocked under the relevant sanctions
authorities listed below.
BILLING CODE 4810–AL–P

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