83 FR 52451 - Proposed Collection; Comment Request

FEDERAL HOUSING FINANCE AGENCY

Federal Register Volume 83, Issue 201 (October 17, 2018)

Page Range		52451-52452
FR Document		2018-22667

In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ``Advances to Housing Associates,'' which has been assigned control number 2590-0001 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on December 31, 2018.

Federal Register, Volume 83 Issue 201 (Wednesday, October 17, 2018)

[Federal Register Volume 83, Number 201 (Wednesday, October 17, 2018)]
[Notices]
[Pages 52451-52452]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-22667]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2018-N-11]


Proposed Collection; Comment Request

AGENCY: Federal Housing Finance Agency.

ACTION: 60-Day notice of submission of information collection for 
approval from Office of Management and Budget.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the 
Agency) is seeking public comments concerning an information collection 
known as ``Advances to Housing Associates,'' which has been assigned 
control number 2590-0001 by the Office of Management and Budget (OMB). 
FHFA intends to submit the information collection to OMB for review and 
approval of a three-year extension of the control number, which is due 
to expire on December 31, 2018.

DATES: Interested persons may submit comments on or before December 17, 
2018.

ADDRESSES: Submit comments to FHFA, identified by ``Proposed 
Collection; Comment Request: `Advances to Housing Associates, (No. 
2018-N-11)' '' by any of the following methods:
     Agency Website: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by the agency.
     Mail/Hand Delivery: Federal Housing Finance Agency, Eighth 
Floor, 400 Seventh Street SW, Washington, DC 20219, ATTENTION: Proposed 
Collection; Comment Request: ``Advances to Housing Associates, (No. 
2018-N-11)''.
    We will post all public comments we receive without change, 
including any personal information you provide, such as your name and 
address, email address, and telephone number, on the FHFA website at 
http://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public on business days between the 
hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, 
Eighth Floor, 400 Seventh Street SW, Washington, DC 20219. To make an 
appointment to inspect comments, please call the Office of General 
Counsel at (202) 649-3804.

FOR FURTHER INFORMATION CONTACT: Jonathan F. Curtis, Financial Analyst, 
by email at [email protected], by telephone at (202) 649-3321, 
or Eric M. Raudenbush, Assistant General Counsel, 
[email protected], (202) 649-3084 (these are not toll-free 
numbers); Federal Housing Finance Agency, 400 Seventh Street SW, 
Washington, DC 20219. The Telecommunications Device for the Hearing 
Impaired is (800) 877-8339.

SUPPLEMENTARY INFORMATION: 

A. Need For and Use of the Information Collection

    Section 10b of the Federal Home Loan Bank Act (Bank Act) 
establishes the requirements for making Federal Home Loan Bank (Bank) 
advances (secured loans) to nonmember mortgagees, which are referred to 
as ``Housing Associates'' in FHFA's regulations.\1\ Section 10b also 
establishes the eligibility requirements an applicant must meet in 
order to be certified as a Housing Associate.
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    \1\ See 12 U.S.C. 1430b; 12 CFR 1264.3.
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    Part 1264 of FHFA's regulations implements the statutory 
eligibility requirements and establishes uniform review criteria the 
Banks must use in evaluating applications from entities that wish to be 
certified as a Housing Associate. Specifically, Sec.  1264.4 implements 
the statutory eligibility requirements and provides guidance to an 
applicant on how it may satisfy those requirements.\2\ Section 1264.5 
authorizes the Banks to approve or deny all applications for 
certification as a Housing Associate, subject to the statutory and 
regulatory requirements.\3\ It also permits an applicant that has been 
denied certification by a Bank to appeal that decision to FHFA.
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    \2\ See 12 CFR 1264.4.
    \3\ See 12 CFR 1264.5.
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    In part 1266 of FHFA's regulations, subpart B governs Bank advances 
to Housing Associates that have been approved under part 1264. Section 
1266.17 establishes the terms and conditions under which a Bank may 
make advances to Housing Associates.\4\ Specifically, Sec.  1266.17(e) 
imposes a continuing obligation on each certified Housing Associate to 
provide information necessary for the Bank to determine if it remains 
in compliance with applicable statutory and regulatory requirements, as 
set forth in part 1264.
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    \4\ See 12 CFR 1266.17.
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    The OMB control number for the information collection, which 
expires on December 31, 2018, is 2590-0001. The likely respondents 
include entities applying to be certified as a Housing Associate and 
current Housing Associates.

B. Burden Estimates

    FHFA estimates the total annualized hour burden imposed upon 
respondents by this information collection to be 318 hours (14 hours 
for applicants + 304 hours for current Housing Associates), based on 
the following calculations:

I. Applicants

    FHFA estimates that the total annual average number of entities 
applying to be certified as a Housing Associate over the next three 
years will be one, with one response per applicant. The estimate for 
the average hours per application is 14 hours. Therefore, the estimate 
for the total annual hour burden for all applicants is 14 hours (1 
applicant x 1 response per applicant x 14 hours = 14 hours).

II. Current Housing Associates

    FHFA estimates that the total annual average number of existing 
Housing Associates over the next three years will be 76, with one 
response per Housing Associate required to comply with the regulatory 
reporting requirements. The estimate for the average hours per response 
is 4 hours. Therefore, the estimate for the total annual hour burden 
for current Housing Associates is 304 hours (76 certified Housing 
Associates x 1 response per associate x 4 hours = 304 hours).

[[Page 52452]]

C. Comments Request

    FHFA requests written comments on the following: (1) Whether the 
collection of information is necessary for the proper performance of 
FHFA functions, including whether the information has practical 
utility; (2) the accuracy of FHFA's estimates of the burdens of the 
collection of information; (3) ways to enhance the quality, utility, 
and clarity of the information collected; and (4) ways to minimize the 
burden of the collection of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology.

    Dated: October 12. 2018.
Kevin Winkler,
Chief Information Officer, Federal Housing Finance Agency.
[FR Doc. 2018-22667 Filed 10-16-18; 8:45 am]
 BILLING CODE 8070-01-P

Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices 52451

a subscriber terminates service. The you submit your comment to the all applications for certification as a
rules at 76.800 et seq., implement that Federal eRulemaking Portal, please also Housing Associate, subject to the
directive. The intention of the rules is send it by email to FHFA at statutory and regulatory requirements.3
to clarify the status and provide for the RegComments@fhfa.gov to ensure It also permits an applicant that has
disposition of existing cable operator- timely receipt by the agency. been denied certification by a Bank to
owned wiring in single family homes • Mail/Hand Delivery: Federal appeal that decision to FHFA.
and multiple dwelling units upon the Housing Finance Agency, Eighth Floor,
400 Seventh Street SW, Washington, DC In part 1266 of FHFA’s regulations,
termination of a contract for cable subpart B governs Bank advances to
service by the home owner or MDU 20219, ATTENTION: Proposed
Collection; Comment Request: Housing Associates that have been
owner. Section 76.613(d) requires that
‘‘Advances to Housing Associates, (No. approved under part 1264. Section
when Multichannel Video Programming
2018–N–11)’’. 1266.17 establishes the terms and
Distributors (MVPDs) cause harmful
We will post all public comments we conditions under which a Bank may
signal interference MVPDs may be
receive without change, including any make advances to Housing Associates.4
required by the District Director and/or
Resident Agent to prepare and submit a personal information you provide, such Specifically, § 1266.17(e) imposes a
report regarding the cause(s) of the as your name and address, email continuing obligation on each certified
interference, corrective measures address, and telephone number, on the Housing Associate to provide
planned or taken, and the efficacy of the FHFA website at http://www.fhfa.gov. In information necessary for the Bank to
remedial measures. addition, copies of all comments determine if it remains in compliance
received will be available for with applicable statutory and regulatory
Federal Communications Commission. examination by the public on business requirements, as set forth in part 1264.
Marlene Dortch, days between the hours of 10 a.m. and The OMB control number for the
Secretary, Office of the Secretary. 3 p.m., at the Federal Housing Finance information collection, which expires
[FR Doc. 2018–22527 Filed 10–16–18; 8:45 am] Agency, Eighth Floor, 400 Seventh on December 31, 2018, is 2590–0001.
BILLING CODE 6712–01–P Street SW, Washington, DC 20219. To The likely respondents include entities
make an appointment to inspect applying to be certified as a Housing
comments, please call the Office of Associate and current Housing
FEDERAL HOUSING FINANCE General Counsel at (202) 649–3804. Associates.
AGENCY FOR FURTHER INFORMATION CONTACT:
Jonathan F. Curtis, Financial Analyst, by B. Burden Estimates
[No. 2018–N–11]
email at Jonathan.Curtis@fhfa.gov, by
telephone at (202) 649–3321, or Eric M. FHFA estimates the total annualized
Proposed Collection; Comment hour burden imposed upon respondents
Request Raudenbush, Assistant General Counsel,
Eric.Raudenbush@fhfa.gov, (202) 649– by this information collection to be 318
AGENCY: Federal Housing Finance 3084 (these are not toll-free numbers); hours (14 hours for applicants + 304
Agency. Federal Housing Finance Agency, 400 hours for current Housing Associates),
Seventh Street SW, Washington, DC based on the following calculations:
ACTION: 60-Day notice of submission of
information collection for approval from 20219. The Telecommunications Device I. Applicants
Office of Management and Budget. for the Hearing Impaired is (800) 877–
8339. FHFA estimates that the total annual
SUMMARY: In accordance with the SUPPLEMENTARY INFORMATION: average number of entities applying to
requirements of the Paperwork be certified as a Housing Associate over
Reduction Act of 1995 (PRA), the A. Need For and Use of the Information
the next three years will be one, with
Federal Housing Finance Agency (FHFA Collection
one response per applicant. The
or the Agency) is seeking public Section 10b of the Federal Home Loan estimate for the average hours per
comments concerning an information Bank Act (Bank Act) establishes the application is 14 hours. Therefore, the
collection known as ‘‘Advances to requirements for making Federal Home estimate for the total annual hour
Housing Associates,’’ which has been Loan Bank (Bank) advances (secured burden for all applicants is 14 hours (1
assigned control number 2590–0001 by loans) to nonmember mortgagees, which applicant × 1 response per applicant ×
the Office of Management and Budget are referred to as ‘‘Housing Associates’’ 14 hours = 14 hours).
(OMB). FHFA intends to submit the in FHFA’s regulations.1 Section 10b also
information collection to OMB for establishes the eligibility requirements II. Current Housing Associates
review and approval of a three-year an applicant must meet in order to be
certified as a Housing Associate. FHFA estimates that the total annual
extension of the control number, which
Part 1264 of FHFA’s regulations average number of existing Housing
is due to expire on December 31, 2018.
implements the statutory eligibility Associates over the next three years will
DATES: Interested persons may submit be 76, with one response per Housing
requirements and establishes uniform
comments on or before December 17, Associate required to comply with the
review criteria the Banks must use in
2018. regulatory reporting requirements. The
evaluating applications from entities
ADDRESSES: Submit comments to FHFA, that wish to be certified as a Housing estimate for the average hours per
identified by ‘‘Proposed Collection; Associate. Specifically, § 1264.4 response is 4 hours. Therefore, the
Comment Request: ‘Advances to implements the statutory eligibility estimate for the total annual hour
daltland on DSKBBV9HB2PROD with NOTICES

Housing Associates, (No. 2018–N–11)’ ’’ requirements and provides guidance to burden for current Housing Associates
by any of the following methods: an applicant on how it may satisfy those is 304 hours (76 certified Housing
• Agency Website: www.fhfa.gov/ requirements.2 Section 1264.5 Associates × 1 response per associate ×
open-for-comment-or-input. authorizes the Banks to approve or deny 4 hours = 304 hours).
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the 1 See 12 U.S.C. 1430b; 12 CFR 1264.3. 3 See 12 CFR 1264.5.
instructions for submitting comments. If 2 See 12 CFR 1264.4. 4 See 12 CFR 1266.17.

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52452 Federal Register / Vol. 83, No. 201 / Wednesday, October 17, 2018 / Notices

C. Comments Request Accordingly, your comments will not be Request for Comment on Information
FHFA requests written comments on edited to remove any identifying or Collection Proposal
the following: (1) Whether the collection contact information. Public comments The Board invites public comment on
of information is necessary for the may also be viewed electronically or in the following information collection,
proper performance of FHFA functions, paper form in Room 3515, 1801 K which is being reviewed under
including whether the information has Street, NW (between 18th and 19th authority delegated by the OMB under
practical utility; (2) the accuracy of Streets NW) Washington, DC 20006 the PRA. Comments are invited on the
FHFA’s estimates of the burdens of the between 9:00 a.m. and 5:00 p.m. on following:
collection of information; (3) ways to weekdays. For security reasons, the a. Whether the proposed collection of
enhance the quality, utility, and clarity Board requires that visitors make an information is necessary for the proper
of the information collected; and (4) appointment to inspect comments. You performance of the Board’s functions,
ways to minimize the burden of the may do so by calling (202) 452–3684. including whether the information has
collection of information on Upon arrival, visitors will be required to practical utility;
respondents, including through the use present valid government-issued photo b. The accuracy of the Board’s
of automated collection techniques or identification and to submit to security estimate of the burden of the proposed
other forms of information technology. screening in order to inspect and information collection, including the
Dated: October 12. 2018. photocopy comments. validity of the methodology and
Kevin Winkler, assumptions used;
Additionally, commenters may send a c. Ways to enhance the quality,
Chief Information Officer, Federal Housing copy of their comments to the OMB
Finance Agency. utility, and clarity of the information to
Desk Officer—Shagufta Ahmed—Office be collected;
[FR Doc. 2018–22667 Filed 10–16–18; 8:45 am] of Information and Regulatory Affairs, d. Ways to minimize the burden of
BILLING CODE 8070–01–P Office of Management and Budget, New information collection on respondents,
Executive Office Building, Room 10235, including through the use of automated
725 17th Street, NW, Washington, DC collection techniques or other forms of
FEDERAL RESERVE SYSTEM 20503, or by fax to (202) 395–6974. information technology; and
FOR FURTHER INFORMATION CONTACT: A e. Estimates of capital or startup costs
Proposed Agency Information
and costs of operation, maintenance,
Collection Activities; Comment copy of the PRA OMB submission,
and purchase of services to provide
Request including the proposed reporting form
information.
and instructions, supporting statement,
AGENCY: Board of Governors of the At the end of the comment period, the
Federal Reserve System. and other documentation will be placed comments and recommendations
into OMB’s public docket files, if received will be analyzed to determine
ACTION: Notice, request for comment.
approved. These documents will also be the extent to which the Board should
SUMMARY: The Board of Governors of the made available on the Board’s public modify the proposal.
Federal Reserve System (Board) invites website at http://
comment on a proposal to extend for www.federalreserve.gov/apps/ Proposal To Approve Under OMB
three years, without revision, the reportforms/review.aspx or may be Delegated Authority the Extension for
Disclosure Requirements of Subpart H requested from the agency clearance Three Years, Without Revision, of the
of Regulation H (Consumer Protections officer, whose name appears below. Following Report
in Sales of Insurance) (Reg H–7; OMB Federal Reserve Board Clearance Report title: Disclosure Requirements
No. 7100–0298). Officer—Nuha Elmaghrabi—Office of of subpart H of Regulation H (Consumer
DATES: Comments must be submitted on the Chief Data Officer, Board of Protections in Sales of Insurance).
or before December 17, 2018. Agency form number: Reg H–7.
Governors of the Federal Reserve
ADDRESSES: You may submit comments, OMB control number: 7100–0298.
System, Washington, DC 20551, (202)
identified by Reg H–7, by any of the Frequency: On occasion.
452–3829. Telecommunications Device Respondents: State member banks and
following methods: for the Deaf (TDD) users may contact
• Agency Website: http:// (202) 263–4869, Board of Governors of
other persons.
www.federalreserve.gov. Follow the Estimated number of respondents:
the Federal Reserve System, 822.
instructions for submitting comments at
Washington, DC, 20551. Estimated time per response: 1.5
http://www.federalreserve.gov/apps/
foia/proposedregs.aspx. SUPPLEMENTARY INFORMATION: On June minutes.
• Email: regs.comments@ 15, 1984, the Office of Management and Estimated annual burden hours:
federalreserve.gov. Include OMB Budget (OMB) delegated to the Board 12,947.
number in the subject line of the authority under the Paperwork General description of report: Subpart
message. Reduction Act (PRA) to approve and H of Regulation H was adopted by the
• FAX: (202) 452–3819 or (202) 452– assign OMB control numbers to Board in 2003 pursuant to section 305
3102. of the Gramm-Leach-Bliley Act of 1999
collection of information requests and
• Mail: Ann E. Misback, Secretary, (GLBA), which required the federal
requirements conducted or sponsored
Board of Governors of the Federal banking agencies to issue joint
by the Board. In exercising this regulations governing retail sales
Reserve System, 20th Street and
daltland on DSKBBV9HB2PROD with NOTICES

Constitution Avenue NW, Washington, delegated authority, the Board is practices, solicitations, advertising, and
DC 20551. directed to take every reasonable step to offers of insurance by, on behalf of, or
All public comments are available solicit comment. In determining at the offices of insured depository
from the Board’s website at http:// whether to approve a collection of institutions. The insurance consumer
www.federalreserve.gov/apps/foia/ information, the Board will consider all protection rules in Regulation H, which
proposedregs.aspx as submitted, unless comments received from the public and apply to the sale of insurance by a state
modified for technical reasons. other agencies. member bank or by any other person at

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Document Created: 2018-10-17 01:47:34
Document Modified: 2018-10-17 01:47:34

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		60-Day notice of submission of information collection for approval from Office of Management and Budget.
Dates		Interested persons may submit comments on or before December 17, 2018.
Contact		Jonathan F. Curtis, Financial Analyst, by email at [email protected], by telephone at (202) 649-3321, or Eric M. Raudenbush, Assistant General Counsel, [email protected], (202) 649-3084 (these are not toll-free numbers); Federal Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219. The Telecommunications Device for the Hearing Impaired is (800) 877-8339.
FR Citation		83 FR 52451