Federal Register / Vol. 77, No. 63 / Monday, April 2, 2012 / Notices 19751 

DATES: Written comments should be 

received on or before June 1, 2012 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to Office of Domestic Finance, Small 

Business Lending Fund; Daniel Rourke; 

1500 Pennsylvania Avenue NW., 

Washington, DC 20220; 202–622–0984; 

daniel.rourke@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to the Office of 

Domestic Finance, Small Business 

Lending Fund; Daniel Rourke; 1500 

Pennsylvania Avenue NW., Washington, 

DC 20220; 202–622–0984; 

daniel.rourke@treasury.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Lending Survey of Participants 

in Small Business Lending Fund. 

Abstract: Established by the Small 

Business Jobs Act of 2010 (the Act), the 

Small Business Lending Fund (SBLF) is 

a dedicated investment fund that 

encourages lending to small businesses 

by providing capital to qualified 

community banks and community 

development loan funds (CDLFs) with 

assets of less than $10 billion. Through 

the SBLF, participating Main Street 

lenders and small businesses work 

together to help create jobs and promote 

economic growth in local communities 

across the nation. 

The Act required that all U.S. 

Department of the Treasury (Treasury) 

investments for the SBLF be made by 

September 27, 2011. Through the SBLF, 

Treasury made investments in 332 

community institutions, including 

banks, thrifts and CDLFs. The size of the 

SBLF portfolio is approximately $4.03 

billion (approximately $3.9 billion in 

281 community banks and 

approximately $100 million in 51 

CDLFs). To encourage small business 

lending, the dividend or interest rate on 

SBLF funding provided to banks and 

thrifts is reduced as these participants 

increase their qualified small business 

lending. The SBLF does not use the 

same standards that the Small Business 

Administration uses to determine what 

qualifies as a small business loan. For 

more details about the program, please 

visit www.treasury.gov/sblf. 

Treasury plans to conduct an annual 

lending survey with the program 

participants to identify the impact of the 

investment on lending to small 

businesses, consistent with the purpose 

of the Act to increase the availability of 

credit for small businesses. This survey 

is not required by law, but the SBLF 

Securities Purchase Agreement requires 

participants to complete a survey in a 

form specified by Treasury. Below is a 

description of the information that the 

SBLF Program Office is looking for to 

assist with the aforementioned annual 

lending survey. 

Current Actions: Treasury plans to 

collect information from SBLF 

participants about the small business 

lending supported by SBLF’s 

investment. SBLF will request 

information from participants on 

changes in small business lending 

capacity as a result of the SBLF 

investment, the amounts and volume of 

loans extended across different 

categories of small business lending 

attributable to the SBLF investment, and 

the types and extent of outreach 

undertaken to expand lending to small 

businesses in underserved communities 

and small businesses owned by women, 

minorities and veterans resulting from 

participation in the SBLF. 

Type of Review: New, NonRulemaking. 

Affected Public: Businesses or other 

for-profit, and not-for-profit institutions. 

Estimated Number of Respondents: 

All 332 SBLF Participants. 

Estimated Total Burden Hours: 996 

hours. 

Request For Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

SBLF, including whether the 

information shall have a practical 

utility; (b) the accuracy of the SBLF’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 of 

information 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, 

maintenance, and purchase of services 

to provide information. 

Dated: March 26, 2012. 

Daniel Rourke, 

SBLF Outreach Manager. 

[FR Doc. 2012–7900 Filed 3–30–12; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Privacy Act of 1974, as Amended 

AGENCY: Departmental Offices, Treasury. 

ACTION: Notice of Alteration of Privacy 

Act System of Records for the Home 

Affordable Modification Program, 

hereinafter known as the Making Home 

Affordable Program. 

SUMMARY: The U.S. Department of the 

Treasury (Department) gives notice of 

four proposed alterations to the system 

of records currently entitled as 

‘‘Treasury/DO .218—Home Affordable 

Modification Program’’: (1) The system 

of records shall be entitled, ‘‘Treasury/ 

DO.218—Making Home Affordable 

Program’’; (2) the system of records may 

include a borrower’s criminal history, or 

lack thereof, as a category of record 

relating to borrower eligibility; (3) the 

system of records may include property 

sale information as a category of record; 

and (4) the system of records shall 

reference the Dodd-Frank Wall Street 

Reform and Consumer Protection Act, 

Public Law 111–203, Section 1481 

(2010) (Dodd-Frank statute) as legal 

authority for the collection of a 

borrower’s criminal history or lack 

thereof. In light of the proposed name 

change from Home Affordable 

Modification Program to Making Home 

Affordable Program, the entire system of 

records notice, as amended on August 3, 

2011, is set forth below. 

DATES: Comments must be received no 

later than May 2, 2012. This altered 

system of records will be effective May 

7, 2012 unless the Department receives 

comments which would result in a 

contrary determination. 

ADDRESSES: Comments should be sent to 

the Office of Financial Stability, Office 

of Financial Agents, Department of the 

Treasury, 1500 Pennsylvania Avenue 

NW., Washington, DC 20220, or may be 

emailed to OFA.SORN@treasury.gov. 

The Department will make such 

comments available for public 

inspection and copying in the 

Department’s Library, on official 

business days between the hours of 

10 a.m. and 5 p.m. Eastern Time. You 

can make an appointment to inspect 

comments by telephoning (202) 622– 

0990 (This is not a toll-free number). All 

comments, including attachments and 

other supporting materials, received are 

part of the public record and subject to 

public disclosure. You should submit 

only information that you wish to make 

available publicly. 

FOR FURTHER INFORMATION CONTACT: 

Janet E. Vail, Office of Financial Agents, 

Department of the Treasury, 1500 

Pennsylvania Ave. NW., Washington, 

DC 20220, tel.: 202–927–0597, email: 

OFA.SORN@treasury.gov. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the Emergency Economic 

Stabilization Act of 2008 (Pub. L. 110– 

343) (EESA), the Department established 

the Making Home Affordable Program 

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19752 Federal Register / Vol. 77, No. 63 / Monday, April 2, 2012 / Notices 

(MHA Program) to stabilize the housing 

market and provide relief to struggling 

homeowners. Since its launch, the 

Department expanded the MHA 

Program to provide more options for 

struggling homeowners, including but 

not limited to programs for homeowners 

who are unemployed, owe more on their 

home than it is currently worth, or are 

struggling with a second lien. 

The purpose of these four alterations 

is to: (1) Update the name of certain of 

the Department’s EESA authorized 

housing programs from Home 

Affordable Modification Program 

(HAMP) to Making Home Affordable 

Program to recognize that homeowners 

may be eligible for other housing relief 

options in addition to the modification 

of principal amounts and interest rates 

of their mortgage loans under HAMP; (2) 

add a borrower’s criminal history, or 

lack thereof, to the types of records that 

may be retained information in the 

system relating to borrower eligibility, 

consistent with the requirements of 

Section 1481 of the Dodd-Frank statute; 

(3) add the sale of the borrower’s 

property to the types of records that may 

be retained information in the system; 

and (4) include the Dodd-Frank statute 

as a second statutory authority for 

maintenance of the system. 

The system of records notice was last 

published in its entirety on April 20, 

2010, at 75 FR 20699. The Department 

subsequently amended the notice on 

July 2, 2010, at 75 FR 38608, and then 

again on June 24, 2011, at 76 FR 37193, 

which became effective on August 3, 

2011. 

The system of records notice for the 

amended ‘‘Treasury/DO .218—Home 

Affordable Modification Program,’’ is 

published in its entirety below. 

Dated: March 14, 2012. 

Melissa Hartman, 

Deputy Assistant Secretary for Privacy, 

Transparency, and Records. 

Treasury/DO .218 

SYSTEM NAME: 

Making Home Affordable Program. 

SYSTEM LOCATION: 

The Office of Financial Stability, 

Department of the Treasury, 

Washington, DC. Other facilities that 

maintain this system of records are 

located in: Urbana, MD, Dallas, TX, and 

a backup facility located in Reston, VA, 

all belonging to the Federal National 

Mortgage Association (Fannie Mae); in 

McLean, VA, Herndon, VA, Reston, VA, 

Richardson, TX, and Denver, CO, 

facilities operated by or on behalf of the 

Federal Home Loan Mortgage 

Corporation (Freddie Mac); and 

facilities operated by or on behalf of the 

Bank of New York Mellon (BNYM) in 

Nashville, TN, and a backup facility 

located in Somerset, NJ. Fannie Mae, 

Freddie Mac and Bank of New York 

Mellon have been designated as 

Financial Agents (Financial Agents) for 

the MHA Program. 

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM: 

This system of records contains 

information about mortgage borrowers 

that is submitted to the Department or 

its Financial Agents by loan servicers 

that participate in the MHA Program. 

Information collected pursuant to the 

MHA Program is subject to the Privacy 

Act only to the extent that it concerns 

individuals; information pertaining to 

corporations and other business entities 

and organizations is not subject to the 

Privacy Act. 

CATEGORIES OF RECORDS IN THE SYSTEM: 

This system of records contains loanlevel information about individual 

mortgage borrowers (including loan 

records, financial records, and borrower 

eligibility records, when appropriate.) 

Typically, these records include, but are 

not limited to, the individual’s name, 

Social Security Number, mailing 

address, monthly income, criminal 

history status as referenced in Section 

1481 of the Dodd-Frank statute, the 

location of the property subject to the 

loan, property value information, 

payment history, type of mortgage, and 

property sale information. 

AUTHORITY FOR MAINTENANCE OF THE SYSTEM: 

Emergency Economic Stabilization 

Act of 2008 (Pub. L. 110–343) and 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act (Pub. L. 111– 

203) (2010). 

PURPOSE(S): 

The purpose of this system of records 

is to facilitate administration of the 

MHA Program by the Department and 

its Financial Agents, including by 

enabling them to (i) collect and utilize 

information collected from mortgage 

loan servicers, including loan-level 

information about individual mortgage 

holders and borrower eligibility; and (ii) 

produce reports on the performance of 

the MHA Program, such as reports that 

concern loan modification eligibility 

and exception reports that identify 

certain issues that loan servicers may 

experience with servicing loans. 

ROUTINE USES OF RECORDS MAINTAINED IN THE

SYSTEM, INCLUDING CATEGORIES OF USERS AND

THE PURPOSES OF SUCH USES: 

These records may be used to: 

(1) Disclose pertinent information to 

appropriate Federal, State, local or 

foreign agencies responsible for 

investigating or prosecuting violations 

of or for enforcing or implementing a 

statute, rule, regulation, order, or 

license, where the disclosing agency 

becomes aware of an indication of a 

potential violation of civil or criminal 

law or regulation; 

(2) Disclose information to a Federal, 

State, or local agency, maintaining civil, 

criminal or other relevant enforcement 

information or other pertinent 

information, which has requested 

information relevant to or necessary to 

the requesting agency’s or the bureau’s 

hiring or retention of an individual, or 

issuance of a security clearance, license, 

contract, grant, or other benefit; 

(3) Disclose information to a court, 

magistrate, or administrative tribunal in 

the course of presenting evidence, 

including disclosures to opposing 

counsel or witnesses in the course of 

civil discovery, litigation, or settlement 

negotiations, in response to a court 

order where arguably relevant to a 

proceeding, or in connection with 

criminal law proceedings; 

(4) Provide information to a 

Congressional office in response to an 

inquiry made at the request of the 

individual to whom the record pertains; 

(5) Provide information to third 

parties during the course of a 

Department investigation as it relates to 

the MHA Program to the extent 

necessary to obtain information 

pertinent to that investigation; 

(6) Disclose information to a 

consumer reporting agency to use in 

obtaining credit reports; 

(7) Disclose information to a debt 

collection agency for use in debt 

collection services; 

(8) Disclose information to a Financial 

Agent of the Department, its employees, 

agents, and contractors, or to a 

contractor of the Department, for the 

purpose of assessing the quality of and 

efficient administration of the MHA 

Program and compliance with relevant 

guidelines, agreements, directives and 

requirements, and subject to the same or 

equivalent limitations applicable to the 

Department’s officers and employees 

under the Privacy Act; 

(9) Disclose information originating or 

derived from participating loan 

servicers back to the same loan servicers 

as needed, for the purposes of audit, 

quality control, and reconciliation and 

response to borrower requests about that 

same borrower; 

(10) Disclose information to Financial 

Agents, financial institutions, financial 

custodians, and contractors to: (a) 

Process mortgage loan modification 

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Federal Register / Vol. 77, No. 63 / Monday, April 2, 2012 / Notices 19753 

applications, including, but not limited 

to, enrollment forms; (b) implement, 

analyze and modify programs relating to 

the MHA Program; (c) investigate and 

correct erroneous information submitted 

to the Department or its Financial 

Agents; (d) compile and review data and 

statistics and perform research, 

modeling and data analysis to improve 

the quality of services provided under 

the MHA Program or otherwise improve 

the efficiency or administration of the 

MHA Program; or (e) develop, test and 

enhance computer systems used to 

administer the MHA Program; with all 

activities subject to the same or 

equivalent limitations applicable to the 

Department’s officers and employees 

under the Privacy Act; 

(11) Disclose information to financial 

institutions, including banks and credit 

unions, for the purpose of disbursing 

payments and/or investigating the 

accuracy of information required to 

complete transactions pertaining to the 

MHA Program and for administrative 

purposes, such as resolving questions 

about a transaction; 

(12) Disclose information to the 

appropriate Federal financial regulator 

or State financial regulator, or to the 

appropriate Consumer Protection 

agency, if that agency has jurisdiction 

over the subject matter of a complaint or 

inquiry, or the entity that is the subject 

of the complaint or inquiry; 

(13) Disclose information and 

statistics to the Department of Housing 

& Urban Development (HUD), the 

Department of Commerce (Commerce), 

Federal financial regulators, the U.S. 

Department of Justice (DOJ), and the 

Federal Housing Finance Agency to 

assess the quality and efficiency of 

services provided under the MHA 

Program, to ensure compliance with the 

MHA Program and other laws, and to 

report on the Program’s overall 

execution and progress; 

(14) Disclose information to 

appropriate agencies, entities, and 

persons when (a) The Department 

suspects or has confirmed that the 

security or confidentiality of 

information in the system of records has 

been compromised; (b) the Department 

has determined that as a result of the 

suspected or confirmed compromise 

there is a risk of harm to economic or 

property interests, identity theft or 

fraud, or harm to the security or 

integrity of this system or other systems 

or programs (whether maintained by the 

Department or another agency or entity) 

that rely upon the compromised 

information; and (c) the disclosure made 

to such agencies, entities, and persons is 

reasonably necessary to assist in 

connection with the Department’s 

efforts to respond to the suspected or 

confirmed compromise and prevent, 

minimize, or remedy such harm; 

(15) Disclose information to the DOJ 

for its use in providing legal advice to 

the Department or in representing the 

Department in a proceeding before a 

court, adjudicative body, or other 

administrative body before which the 

Department is authorized to appear, 

where the use of such information by 

the DOJ is deemed by the Department to 

be relevant and necessary to the 

litigation, and such proceeding names 

as a party of interests: 

(a) The Department or any component 

thereof, including the Office of 

Financial Stability (OFS); 

(b) Any employee of the Department 

in his or her official capacity; 

(c) Any employee of the Department 

in his or her individual capacity where 

DOJ has agreed to represent the 

employee; or 

(d) The United States, where the 

Department determines that litigation is 

likely to affect the Department or any of 

its components, including OFS; and 

(16) Disclose information to an 

authorized recipient who has assured 

the Department or a Financial Agent of 

the Department in writing that the 

record will be used solely for research 

purposes designed to assess the quality 

of and efficient administration of the 

MHA Program, subject to the same or 

equivalent limitations applicable to the 

Department’s officers and employees 

under the Privacy Act. 

POLICIES AND PRACTICES FOR STORING, 

RETRIEVING, ACCESSING, RETAINING, AND

DISPOSING OF RECORDS IN THE SYSTEM: 

STORAGE: 

Information contained in the system 

of records is stored in a transactional 

database and an operational data store. 

Information from the system will also be 

captured in hard-copy form and stored 

in filing cabinets managed by personnel 

working on the MHA Program. 

RETRIEVABILITY: 

Information about individuals may be 

retrieved from the system by reference 

including the mortgage borrower’s 

name, Social Security Number, address, 

criminal history status, or loan number. 

SAFEGUARDS: 

Safeguards designed to protect 

information contained in the system 

against unauthorized disclosure and 

access include, but are not limited to: 

(i) Department and Financial Agent 

policies and procedures governing 

privacy, information security, 

operational risk management, and 

change management; (ii) requiring 

Financial Agent employees to adhere to 

a code of conduct concerning the 

aforementioned policies and 

procedures; (iii) conducting background 

checks on all personnel with access to 

the system of records; (iv) training 

relevant personnel on privacy and 

information security; (v) tracking and 

reporting incidents of suspected or 

confirmed breaches of information 

concerning borrowers; (vi) establishing 

physical and technical perimeter 

security safeguards; (vii) utilizing 

antivirus and intrusion detection 

software; (viii) performing risk and 

controls assessments and mitigation, 

including production readiness reviews; 

(ix) establishing security event response 

teams; and (x) establishing technical 

and physical access controls, such as 

role-based access management and 

firewalls. Loan servicers that participate 

in the MHA Program (i) have agreed in 

writing that the information they 

provide to the Department or to its 

Financial Agents is accurate, and (ii) 

have submitted a ‘‘click through’’ 

agreement on a Web site requiring the 

loan servicer to provide accurate 

information in connection with using 

the Program Web site. In addition, the 

Department’s Financial Agents will 

conduct loan servicer compliance 

reviews to validate data collection 

controls, procedures, and records. 

RETENTION AND DISPOSAL: 

Information is retained in the system 

on back-up tapes or in hard-copy form 

for seven years, except to the extent that 

either (i) the information is subject to a 

litigation hold or other legal retention 

obligation, in which case the data is 

retained as mandated by the relevant 

legal requirements, or (ii) the 

Department and its Financial Agents 

need the information to carry out the 

Program. Destruction is carried out by 

degaussing according to industry 

standards. Hard copy records are 

shredded and recycled. 

SYSTEM MANAGER(S) AND ADDRESS(ES): 

Deputy Assistant Secretary, Fiscal 

Operations and Policy, Department of 

the Treasury, 1500 Pennsylvania 

Avenue NW., Washington, DC 20220. 

NOTIFICATION PROCEDURE: 

Individuals wishing to be notified if 

they are named in this system of 

records, to gain access to records 

maintained in this system, or to amend 

or correct information maintained in 

this system, must submit a written 

request to do so in accordance with the 

procedures set forth in 31 CFR 1.26–.27. 

Address such requests to: Director, 

Disclosure Services, Department of the 

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19754 Federal Register / Vol. 77, No. 63 / Monday, April 2, 2012 / Notices 

Treasury, 1500 Pennsylvania Ave. NW., 

Washington, DC 20220. 

RECORD ACCESS PROCEDURES: 

See ‘‘Notification Procedure’’ above. 

CONTESTING RECORD PROCEDURE: 

See ‘‘Notification Procedure’’ above. 

RECORD SOURCE CATEGORIES: 

Information about mortgage borrowers 

contained in the system of records is 

obtained from loan servicers who 

participate in the MHA Program, or 

developed by the Department and its 

Financial Agents in connection with the 

MHA Program. Information is not 

obtained directly from individual 

mortgage borrowers to whom the 

information pertains. 

EXEMPTIONS CLAIMED FOR THE SYSTEM: 

None. 

[FR Doc. 2012–7754 Filed 3–30–12; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Bureau of the Public Debt 

Proposed Collection: Comment 

Request 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A). Currently the Bureau of 

the Public Debt within the Department 

of the Treasury is soliciting comments 

concerning the Application For Issue Of 

United States Mortgage Guaranty 

Insurance Company Tax And Loss 

Bonds. 

DATES: Written comments should be 

received on or before May 31, 2012, to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Bureau of the Public Debt, Bruce A. 

Sharp, 200 Third Street A4–A, 

Parkersburg, WV 26106–1328, or 

bruce.sharp@bpd.treas.gov. The 

opportunity to make comments online is 

also available at www.pracomment.gov. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies should be directed to Bruce A. 

Sharp, Bureau of the Public Debt, 200 

Third Street A4–A, Parkersburg, WV 

26106–1328, (304) 480–8150. 

SUPPLEMENTARY INFORMATION: 

Title: Application For Issue Of United 

States Mortgage Guaranty Insurance 

Company Tax and Loss Bonds. 

Form Number: PD F 3871. 

Abstract: The information is used to 

establish and maintain Tax and Loss 

Bond Accounts. 

Current Actions: None. 

Type of Review: Extension. 

Affected Public: Business or other forprofit. 

Estimated Number of Respondents: 

33. 

Estimated Time per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 8. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’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 of 

information 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, 

maintenance, and purchase of services 

to provide information. 

Dated: March 28, 2012. 

Bruce A. Sharp, 

Bureau Clearance Officer. 

[FR Doc. 2012–7809 Filed 3–30–12; 8:45 am] 

BILLING CODE 4810–39–P 

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