14650 Federal Register / Vol. 89, No. 40 / Wednesday, February 28, 2024 / Notices 

NOTICE OF INTENT TO TERMINATE RECEIVERSHIPS—Continued 

Fund Receivership name City State 

Date of 

appointment 

of receiver 

10166 ................................... Independent Bankers’ Bank ............................................... Springfield ............................ IL 12/18/2009 

10171 ................................... Barnes Banking Company ................................................. Kaysville ............................... UT 01/15/2010 

10193 ................................... Centennial Bank ................................................................. Ogden .................................. UT 03/05/2010 

10221 ................................... Lincoln Park Savings Bank ................................................ Chicago ................................ IL 04/23/2010 

10265 ................................... Crescent Bank and Trust Company .................................. Jasper .................................. GA 07/23/2010 

10273 ................................... Liberty Bank ....................................................................... Eugene ................................ OR 07/30/2010 

10275 ................................... The Cowlitz Bank ............................................................... Longview .............................. WA 07/30/2010 

10276 ................................... Ravenswood Bank ............................................................. Chicago ................................ IL 08/06/2010 

10297 ................................... Premier Bank ..................................................................... Jefferson City ....................... MO 10/15/2010 

10308 ................................... K Bank ............................................................................... Randallstown ....................... MD 11/05/2010 

10315 ................................... First Banking Center .......................................................... Burlington ............................. WI 11/19/2010 

10324 ................................... The Bank of Miami, N.A .................................................... Coral Gables ........................ FL 12/17/2010 

10486 ................................... Community South Bank ..................................................... Parsons ................................ TN 08/23/2013 

10524 ................................... Seaway Bank and Trust .................................................... Chicago ................................ IL 01/27/2017 

The liquidation of the assets for each 

receivership has been completed. To the 

extent permitted by available funds and 

in accordance with law, the Receiver 

will be making a final dividend 

payment to proven creditors. Based 

upon the foregoing, the Receiver has 

determined that the continued existence 

of the receiverships will serve no useful 

purpose. Consequently, notice is given 

that the receiverships shall be 

terminated, to be effective no sooner 

than thirty days after the date of this 

notice. If any person wishes to comment 

concerning the termination of any of the 

receiverships, such comment must be 

made in writing, identify the 

receivership to which the comment 

pertains, and be sent within thirty days 

of the date of this notice to: Federal 

Deposit Insurance Corporation, Division 

of Resolutions and Receiverships, 

Attention: Receivership Oversight 

Section, 600 North Pearl, Suite 700, 

Dallas, TX 75201. No comments 

concerning the termination of the abovementioned receiverships will be 

considered which are not sent within 

this timeframe. 

(Authority: 12 U.S.C. 1819) 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on February 22, 

2024. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2024–04071 Filed 2–27–24; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL HOUSING FINANCE 

AGENCY 

[No. 2024–N–3] 

Proposed Collection; Comment 

Request 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: 60-Day notice of submission of 

information collection for approval from 

the Office of Management and Budget. 

SUMMARY: In accordance with the 

requirements of the Paperwork 

Reduction Act of 1995 (PRA), the 

Federal Housing Finance Agency 

(FHFA) is seeking public comments 

concerning an information collection 

known as the ‘‘American Survey of 

Mortgage Borrowers (ASMB),’’ which 

has been assigned control number 2590– 

0015 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 July 31, 2025. 

DATES: Interested persons may submit 

comments on or before April 29, 2024. 

ADDRESSES: Submit comments to FHFA, 

identified by ‘‘Proposed Collection; 

Comment Request: ‘American Survey of 

Mortgage Borrowers, (No. 2024–N–4)’ ’’ 

by any of the following methods: 

• Agency Website: www.fhfa.gov/ 

open-for-comment-or-input. 

• Federal eRulemaking Portal: 

https://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 

RegComments@fhfa.gov to ensure 

timely receipt by the agency. 

• Mail/Hand Delivery: Federal 

Housing Finance Agency, Fourth Floor, 

400 Seventh Street SW, Washington, DC 

20219, ATTENTION: Proposed 

Collection; Comment Request: 

‘‘American Survey of Mortgage 

Borrowers, (No. 2024–N–4).’’ Please 

note that all mail sent to FHFA via U.S. 

Mail is routed through a national 

irradiation facility, a process that may 

delay delivery by approximately two 

weeks. For any time-sensitive 

correspondence, please plan 

accordingly. 

FHFA will post all public comments 

received without change, including any 

personal information you provide, such 

as your name and address, email 

address, and telephone number, on the 

FHFA website at https://www.fhfa.gov. 

In addition, copies of all comments 

received will be available for 

examination by the public through the 

electronic comment docket for this PRA 

Notice also located on the FHFA 

website. 

FOR FURTHER INFORMATION CONTACT: 

Jonathan Spader, Manager, National 

Mortgage Database Program, 

Jonathan.Spader@fhfa.gov, (202) 649– 

3213; or Angela Supervielle, Senior 

Counsel, Angela.Supervielle@fhfa.gov, 

(202) 649–3973, (these are not toll-free 

numbers), Federal Housing Finance 

Agency, 400 Seventh Street SW, 

Washington, DC 20219. For TTY/TRS 

users with hearing and speech 

disabilities, dial 711 and ask to be 

connected to any of the contact numbers 

above. 

SUPPLEMENTARY INFORMATION: 

A. Need for and Use of the Information 

Collection 

FHFA is seeking OMB clearance 

under the PRA for a collection of 

information known as the ‘‘American 

Survey of Mortgage Borrowers’’ (ASMB). 

The ASMB, conducted annually or 

biennially, is a voluntary survey of 

individuals who currently have a first 


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1 12 U.S.C. 4544(c). 

2OMB has cleared the NSMO under the PRA and 

assigned it control no. 2590–0012, which expires on 

June 30, 2026. 

mortgage loan secured by single-family 

residential property. The 2023 survey 

questionnaire consisted of 88 questions 

designed to learn directly from mortgage 

borrowers about their perceptions and 

experiences with flood risk, flood 

damage, and flood insurance. It 

requested specific information on: the 

mortgage; the mortgaged property; the 

borrower’s expectations of flood risk; 

the borrower’s prior experience with 

flood damage, the borrower’s insurance 

coverages, and the borrower’s 

demographic and household 

characteristics. A copy of the 2023 

survey questionnaire appears at the end 

of this notice. The change of the 

collection’s focus will result in a change 

in the number of questions for 2024. 

FHFA is also seeking clearance to 

conduct cognitive testing interviews 

that pre-test iterations of the survey 

questionnaire and related materials from 

time to time. The Agency uses 

information collected through that 

process to assist in drafting and 

modifying the survey questions and 

instructions, as well as the related 

communications, to read in the way that 

will be most readily understood by the 

survey respondents and that will be 

most likely to elicit usable responses. 

Such information is also used to help 

the Agency decide on how best to 

organize and format the survey 

questionnaires. 

The American Survey of Mortgage 

Borrowers is a component of the 

‘‘National Mortgage Database’’ (NMDB®) 

Program, which is a joint effort of FHFA 

and the Consumer Financial Protection 

Bureau (CFPB) (jointly, ‘‘the agencies’’). 

The NMDB Program is designed to 

satisfy the Congressionally-mandated 

requirements of section 1324(c) of the 

Federal Housing Enterprises Financial 

Safety and Soundness Act.1 Section 

1324(c) requires that FHFA conduct a 

monthly survey to collect data on the 

characteristics of individual prime and 

subprime mortgages, and on the 

borrowers and properties associated 

with those mortgages, in order to enable 

it to prepare a detailed annual report on 

the mortgage market activities of the 

Federal National Mortgage Association 

(Fannie Mae) and the Federal Home 

Loan Mortgage Corporation (Freddie 

Mac) for review by the appropriate 

Congressional oversight committees. 

Section 1324(c) also authorizes and 

requires FHFA to compile a database of 

otherwise unavailable residential 

mortgage market information and to 

make that information available to the 

public in a timely fashion. 

As a means of fulfilling those and 

other statutory requirements, as well as 

to support policymaking and research 

regarding the residential mortgage 

markets, FHFA and CFPB jointly 

established the NMDB Program in 2012. 

The Program is designed to provide 

comprehensive information about the 

U.S. mortgage market and has three 

primary components: (1) the NMDB; (2) 

the quarterly National Survey of 

Mortgage Originations (NSMO); and (3) 

the ASMB. 

The NMDB is a de-identified loanlevel database of closed-end first-lien 

residential mortgage loans that is 

representative of the market as a whole, 

contains detailed loan-level information 

on the terms and performance of the 

mortgages and the characteristics of the 

associated borrowers and properties, is 

continually updated, has a historical 

component dating back to 1998, and 

provides a sampling frame for surveys to 

collect additional information. The core 

data in the NMDB are drawn from a 

random 1-in-20 sample of all closed-end 

first-lien mortgages outstanding at any 

time between January 1998 and the 

present in the files of Experian, one of 

the three national credit repositories, 

with a random sample of mortgages 

newly reported to Experian added each 

quarter. 

The NMDB draws additional 

information on mortgages in the NMDB 

datasets from other existing sources, 

including Home Mortgage Disclosure 

Act (HMDA) data that are maintained by 

the Federal Financial Institutions 

Examination Council (FFIEC), property 

valuation models, and administrative 

data files maintained by Fannie Mae 

and Freddie Mac and by federal 

agencies. FHFA also obtains data from 

the two surveys conducted as part of the 

program—the NSMO and the ASMB. 

The NSMO is a quarterly survey that 

provides critical and timely information 

on newly-originated mortgages and 

associated borrowers that are not 

available from other sources, including: 

the range of nontraditional and 

subprime mortgage products being 

offered, the methods by which these 

mortgages are being marketed, and the 

characteristics of borrowers for these 

types of loans.2

While the NSMO provides 

information on newly-originated 

mortgages, the purpose of the ASMB is 

to collect voluntary feedback directly 

from mortgage borrowers about their 

experience with their mortgage and 

property. ASMB respondents are 

representative of the overall population 

of borrowers with a mortgage loan, 

including those who recently took out a 

loan and those who have had their loan 

for multiple years. The feedback 

collected by the ASMB includes 

information about a range of topics 

related to maintaining a mortgage and 

property, such as borrowers’ 

experiences with managing their 

mortgage, responding to financial 

stressors, insuring against risks, seeking 

assistance from federally-sponsored 

programs and other sources, and 

terminating a mortgage loan. 

From 2016 through 2018, the ASMB 

questionnaire was sent once annually to 

a stratified random sample of 10,000 

borrowers with mortgages in the NMDB. 

FHFA did not undertake the ASMB 

during 2019 but sent the survey again in 

the fall of 2020 with a specific focus on 

the experiences of borrowers during the 

COVID–19 pandemic using a stratified 

random sample of 10,000 borrowers. 

The 2020 survey was substantially 

similar to the 2018 survey, except it 

included a number of questions 

specifically relating to the COVID–19 

pandemic and its effects. The 2022 

survey was similar to the 2020 survey in 

its focus on how the pandemic impacted 

borrowers and extended the focus to the 

experiences of those who used 

forbearance. The 2023 survey focused 

on mortgage borrowers’ experiences 

with flood risk and flood insurance. In 

2023, the ASMB had a 27 percent 

overall response rate from its stratified 

random sample of 10,000 borrowers 

with mortgages in the NMDB. The 2024 

ASMB survey will focus on existing 

borrowers’ experiences with higher 

mortgage rates and non-mortgage costs 

like insurance and property 

maintenance. 

When fully processed, the 

information collected through the 

ASMB will be used, in combination 

with information obtained from existing 

sources in the NMDB, to assist FHFA in 

understanding how the performance of 

existing mortgages is influencing the 

residential mortgage market, including 

how existing borrowers are affected by 

higher interest rates, the extent to which 

existing borrowers’ are experiencing 

higher non-mortgage costs, borrowers’ 

understanding and management of 

escrow accounts, and how these factors 

influence mortgage performance and 

homeownership outcomes. This 

important, but otherwise unavailable, 

information will assist FHFA in the 

supervision of its regulated entities 

(Fannie Mae, Freddie Mac, and the 

Federal Home Loan Banks) and in the 

development and implementation of 

appropriate and effective policies and 


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programs. The information will also be 

used for research and analysis by CFPB 

and other federal agencies that have 

regulatory and supervisory 

responsibilities/mandates related to 

mortgage markets and to provide a 

resource for research and analysis by 

academics and other interested parties 

outside of the government. 

B. Burden Estimate 

This information collection comprises 

two components: (1) the ASMB survey; 

and (2) the pre-testing of future survey 

questionnaires and related materials 

through the use of cognitive testing. 

FHFA conducted the survey annually 

from 2016 through 2018 and again in 

2020, 2022 and 2023, but did not 

conduct the survey in 2019 nor 2021. 

FHFA assumes that it will conduct the 

survey once annually over the next 

three years and that it will conduct two 

rounds of pre-testing on each year of 

survey materials. 

FHFA has analyzed the total hour 

burden on members of the public 

associated with conducting the survey 

(4,200 hours) and with pre-testing the 

survey materials (24 hours) and 

estimates the total annual hour burden 

imposed on the public by this 

information collection to be 4,224 hours 

for each annual survey. The estimate for 

each phase of the collection was 

calculated as follows: 

C. Conducting the Survey 

FHFA estimates that the ASMB 

questionnaire will be sent to 10,000 

recipients each time it is conducted. 

Although it expects that only 20 to 30 

percent of those surveys will be 

returned, FHFA has calculated the 

burden estimates below as if all of the 

surveys will be returned. Based on the 

reported experience of respondents to 

earlier ASMB questionnaires, FHFA 

estimates that it will take each 

respondent 25 minutes to complete each 

survey, including the gathering of 

necessary materials to respond to the 

questions. This results in a total annual 

burden estimate of 4,200 hours for the 

survey phase of this collection (1 survey 

per year × 10,000 respondents per 

survey × 25 minutes per respondent = 

4,200 hours). 

II. Pre-Testing the Materials 

FHFA estimates that it will sponsor 2 

rounds of 12 cognitive interviews prior 

to conducting each annual survey for a 

total of 24 cognitive interview 

participants. It estimates the 

participation time for each cognitive 

interview participant to be one hour, 

resulting in a total annual burden 

estimate of 24 hours for the pre-testing 

phase of the collection (2 focus groups 

per year × 12 participants in each group 

× 1 hour per participant = 24 hours). 

C. Comment 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. 

Shawn Bucholtz, 

Chief Data Officer, Federal Housing Finance 

Agency. 

BILLING CODE 8070–01–P 


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f Con.sumer Financial 

Protection Bt1reau 

44#4 lQ ~ N lllll&l.l._ ta 

American Survey o.f.Mortgage Borrawers - M aM IC!fiilU l LE ilib.lllli/Olil UIIIBI 

Your ltlortgage E)cperience,'i mui Percept/mis 

We want to bc!ar from you about your experiences and challenges of 

having a mortgage and decisions you 1tutke about events that affect you. 

You can complete this paper t1uestionnaire or for convenience 

you can com1>l.ete tbe survey miline. 

If you have any questions, please call us toll free l-8~~-339'-7877 or visit our 

websites WW.Jr,_fh.f!i.loy/ASMB or TMsume,:611ance:..19v, 
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Ameri~aJ.l. Sμrvey ()f Mortgage Borr<nvers 

WHOARE THE SlTR:VE:YSPON'SORSY 

The FederalHousing.FinanceAgency (FHFA)is an mtfopendent :regulatory agency responsible for the 

effeotive supervision, regulation1 and housing mission ove!'iiight-0fFannie Mlle, Freddie Ma:c, the. Federal 

Flom:e Lo1111 Ba:nl< S~tem,lllldthe Offl~ Qff'iJ11111pe, 1111d ensl.ltllsa-CQnipetitive, liqnid, effiQient, 1111d 

resilient MusingJmauce market. 

The Consumer.I<'inancial ].>rotectiQn Bu:re~u (C$PD)is11 Federal agency cre*d in 2010 to:make 

m:ortgagest credit cards, .automobile and.other.constimer loans Workbetter aud enstire that these markets ate 

fair, transparent, and Q()lllpeijti've, 

WHY TA.t01·oosst:rltVEY? 

the rn.ost 1:ffective way :rorJhe sponsQting ~enc:{e~ .ft> un::detsfandtlie beneflts and problemswith mortgag,e$ 

and owning a home is tow you about your experiences. 

HOWLONGWILLI'J;TAKE7 

the ·thne wilt vary based Qti yptfr' e~tiences, btit you can expecrtp Spend tkis .. fu.inutes,. 

iIOW WERE You SELECTED? 

$tititey recipients, were selected at random withln certain geographfoareas :across the United ·Sta'tes, YoJ.ir 

1111swe.rs will not be connected to yout::'.llame or any other iden.tifyi11g infonna.ti9n. 

Thank you for helping, us assIStfutureborrowers, 

Privacy Act Notice: In.accordance withihe Privacy Act, as amended{S U:S,C: § 552a),.the: follo~no1iceis provided The. information 

reqaested on1his survey is collected pursuanttoJ2 U, S,C. 45.44 fodhe purposes:ofgathering .information for the National Mortgage 

Database. Routine.uses wlikh may:be made of the collected information can be found in.the:FederaLHousing Finance Agency's ·system of 

Records Nonce (SORN) FHFA,21 National Mortgage Database: Providing the request~ information is voluntazy. Sμhmission of the.survey 

authorizes. FHFA!o collecttheinformation prpvided and to rliS','lQSe itas set forth.in the rerei:enc~SORN. 

Paperwork ReductlonActS1atemettt: Notwithstiminng any·other proviiiion oitlie.laW,'itO person ill te'!ituredtoreSJ)<)ndto, nor shall 

any person be subject to a penalty: for!irilure to comply with; a collection of information subjeotto the requirementsofthe: Paperwork 

Red:ucti011Act, unless that collection.of information displi;ys a.currently valid 0MB Control Number, 

0MB No.:25,0:.0015 

Exptres07llll202'5 
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Other Properties and Flood Risk 

Insurance on this Property 

::;i\>itm:n~slilitters"X ' ··•··.· 

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[FR Doc. 2024–04126 Filed 2–27–24; 8:45 am] 

BILLING CODE 8070–01–C 

FEDERAL MARITIME COMMISSION 

National Shipper Advisory Committee 

March 2024 Meeting 

AGENCY: Federal Maritime Commission. 

ACTION: Notice of Federal Advisory 

Committee meeting. 

SUMMARY: Notice is hereby given of a 

meeting of the National Shipper 

Advisory Committee (NSAC), pursuant 

to the Federal Advisory Committee Act. 

The Committee advises the Federal 

Maritime Commission. The meeting will 

be held for the purpose of soliciting 

information, insight, and expertise 

pertaining to conditions in the ocean 

freight delivery system relevant to the 

Commission. 

DATES: The Committee will meet inperson in Long Beach, CA, on March 6, 

2024, from 2:30 p.m. until 4:30 p.m. 

Pacific Time. Please note that this 

meeting may adjourn early if the 

Committee has completed its business. 

ADDRESSES: The meeting will be held at 

the Long Beach Convention Center 

located at 300 E Ocean Blvd., Long 

Beach, CA 90802. This meeting will 

follow the TPM Conference and will be 

open to the public. Members of the 

public do not need to register for the 

TPM Conference in order to attend the 

NSAC meeting. The meeting will also 


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