Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
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 o...
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 collection described below (OMB Control No. 3064-0112).
DATES:
Comments must be submitted on or before October 5, 2026.
ADDRESSES:
Interested parties are invited to submit written comments to the FDIC by any of the following methods:
Email: comments@fdic.gov.
Include the name and number of the collection in the subject line of the message.
Mail:
Robert Meiers, Regulatory Counsel, MB-3013, 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 a.m. and 5 p.m.
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.
FOR FURTHER INFORMATION CONTACT:
Robert Meiers, Regulatory Attorney,
Romeiers@fdic.gov,
MB-3013, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following currently approved collection of information:
1.
Title:
Real Estate Lending Standards.
OMB Number:
3064-0112.
Affected Public:
Insured state nonmember banks and state savings associations.
Burden Estimate:
Summary of Estimated Annual Burden
[OMB No. 3064-0112]
Information Collection (IC)
(obligation to respond)
Type of burden
(frequency of response)
Number of
respondents
Number of
responses per
respondent
Average time
per response
(HH:MM)
Annual burden
(hours)
1. Real Estate Lending Standards, 12 CFR 365 (Mandatory)
Recordkeeping (Annual)
2,647
1
20:00
52,940
( printed page 50838)
Total Annual Burden (Hours)
52,940
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 loan- to-value ratio (LTV) limits that are clear and measurable; (c) loan administration 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. There is no change in the substance or methodology of this information collection. The estimated annual burden has decreased by 8,780 hours, from 61,720 hours to 52,940 hours, due to a reduction in the number of respondents.
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.
www.fdic.gov/resources/regulations/federal-register-publications/
12 CFR 365