4712 Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices 

1 74 FR 66652. 

2 75 FR 50801. 

submit reports, keep records, or provide 

information to a third party. Section 

3506(c)(2)(A) of title 44 requires Federal 

agencies to provide a 60-day notice in 

the Federal Register concerning each 

proposed collection of information, 

including each proposed renewal of an 

existing collection of information, 

before submitting the collection to OMB 

for approval. To comply with this 

requirement, the OCC is publishing this 

notice. 

Description: On December 16, 2009, 

the OCC, FDIC, FRB, and NCUA sought 

comment on proposed Guidance,1

which they subsequently issued in final 

form on August 17, 2010.2 The 

Guidance focuses on the need to 

provide adequate information to 

consumers about reverse mortgage 

products, to provide qualified 

independent counseling to consumers 

considering these products, and to avoid 

potential conflicts of interest. The 

Guidance also addresses related 

policies, procedures, internal controls, 

and third party risk management. 

• The information collection 

requirements contained in the Guidance 

address the implementation of policies 

and procedures, training, and program 

maintenance. Institutions offering 

reverse mortgages should have written 

policies and procedures that prohibit 

the practice of directing a consumer to 

a particular counseling agency or 

contacting a counselor on the 

consumer’s behalf. 

• Policies should be clear so that 

originators do not have an inappropriate 

incentive to sell other products that 

appear linked to the granting of a 

mortgage. 

• Legal and compliance reviews 

should include oversight of 

compensation programs so that lending 

personnel are not improperly 

encouraged to direct consumers to 

particular products. 

• Training should be designed so that 

relevant lending personnel are able to 

convey information to consumers about 

product terms and risks in a timely, 

accurate, and balanced manner. 

Title of Information Collection: 

Reverse Mortgage Products: Guidance 

for Managing Compliance and 

Reputation Risks. 

OMB Control No.: 1557–0246. 

Affected Public: National banks, 

Federal savings associations, 

subsidiaries of national banks and 

Federal savings associations, and 

Federal branches or agencies of foreign 

banks. 

Type of Review: Regular. 

Estimated Number of Respondents: 

12. 

Frequency of Response: On occasion. 

Total Estimated Annual Burden: 136 

hours. 

Comments submitted in response to 

this notice will be summarized, 

included in the request for OMB 

approval, and become a matter of public 

record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the OCC’s functions, 

including whether the information has 

practical utility; 

(b) The accuracy of the estimates of 

the burden of the information 

collection, including the validity of the 

methodology and assumptions used; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the information collection on 

respondents, including 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. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

[FR Doc. 2022–01700 Filed 1–27–22; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Open Meeting of the Federal Advisory 

Committee on Insurance 

AGENCY: Departmental Offices, 

Department of the Treasury. 

ACTION: Notice of open meeting. 

SUMMARY: This notice announces that 

the U.S. Department of the Treasury’s 

Federal Advisory Committee on 

Insurance (FACI) will meet via 

videoconference on Thursday, February 

17, 2022 from 12:00 p.m.–3:30 p.m. 

Eastern Time. The meeting is open to 

the public. The FACI provides nonbinding recommendation and advice to 

the Federal Insurance Office (FIO) in the 

U.S. Department of Treasury. 

DATES: The meeting will be held via 

videoconference on Thursday, February 

17, 2022, from 12:00 p.m.–3:30 p.m. 

Eastern Time. 

Attendance: The meeting will be held 

via videoconference and is open to the 

public. The public can attend remotely 

via live webcast: www.yorkcast.com/ 

treasury/events/2022/02/17/faci. The 

webcast will also be available through 

the FACI’s website: https://

home.treasury.gov/policy-issues/ 

financial-markets-financial-institutionsand-fiscal-service/federal-insuranceoffice/federal-advisory-committee-oninsurance-faci. Please refer to the FACI 

website for up-to-date information on 

this meeting. Requests for reasonable 

accommodations under Section 504 of 

the Rehabilitation Act should be 

directed to Snider Page, Office of Civil 

Rights and Diversity, Department of the 

Treasury at (202) 622–0341, or 

snider.page@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: Jigar 

Gandhi, Senior Insurance Regulatory 

Policy Analyst, Federal Insurance 

Office, U.S. Department of the Treasury, 

1500 Pennsylvania Ave. NW, Room 

1410 MT, Washington, DC 20220, at 

(202) 622–3220 (this is not a toll-free 

number). Persons who have difficulty 

hearing or speaking may access this 

number via TTY by calling the toll-free 

Federal Relay Service at (800) 877–8339. 

SUPPLEMENTARY INFORMATION: Notice of 

this meeting is provided in accordance 

with the Federal Advisory Committee 

Act (FACA), 5 U.S.C. app. 10(a)(2), 

through implementing regulations at 41 

CFR 102–3.150. 

Public Comment: Members of the 

public wishing to comment on the 

business of the FACI are invited to 

submit written statements by either of 

the following methods: 

Electronic Statements 

• Send electronic comments to faci@

treasury.gov. 

Paper Statements 

• Send paper statements in triplicate 

to the Federal Advisory Committee on 

Insurance, U.S. Department of the 

Treasury, 1500 Pennsylvania Ave. NW, 

Room 1410 MT, Washington, DC 20220. 

In general, the Department of the 

Treasury will make submitted 

comments available upon request 

without change, including any business 

or personal information provided such 

as names, addresses, email addresses, or 

telephone numbers. Requests for public 

comments can be submitted via email to 

faci@treasury.gov. The Department of 

the Treasury will also make such 

statements available for public 

inspection and copying in the 

Department of the Treasury’s Library, 

720 Madison Place NW, Room 1020, 

Washington, DC 20220, on official 

business days between the hours of 

10:00 a.m. and 5:00 p.m. Eastern Time. 

You can make an appointment to 

inspect statements by telephoning (202) 

622–2000. All statements received, 

including attachments and other 


jspears on DSK121TN23PROD with NOTICES1
Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices 4713 

supporting materials, are part of the 

public record and subject to public 

disclosure. You should submit only 

information that you wish to make 

available publicly. 

Tentative Agenda/Topics for 

Discussion: This will be the first FACI 

meeting of 2022. In this meeting, the 

FACI will continue to discuss topics 

related to climate-related financial risk 

and the insurance sector. The FACI will 

also receive status updates from each of 

its subcommittees and from FIO on its 

activities, and consider any new 

business. 

Dated: January 24, 2022. 

Steven Seitz, 

Director, Federal Insurance Office. 

[FR Doc. 2022–01690 Filed 1–27–22; 8:45 am] 

BILLING CODE 4810–AK–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request; Determinations 

Regarding Certain Nonbank Financial 

Companies 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. 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 comment on 

the proposed information collections 

listed below, in accordance with the 

Paperwork Reduction Act of 1995. 

DATES: Written comments must be 

received on or before March 29, 2022. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, by 

the following method: 

• Federal E-rulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

Refer to Docket Number TREAS–DO– 

2022–0002 and the specific Office of 

Management and Budget (OMB) control 

number 1505–0244. 

FOR FURTHER INFORMATION CONTACT: For 

questions related to these programs, 

please contact Dennis Lee by emailing 

dennis.lee@treasury.gov, or calling (202) 

622–7785. Additionally, you can view 

the information collection requests at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Determinations Regarding 

Certain Nonbank Financial Companies. 

OMB Control Number: 1505–0244. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: Section 113 of the DoddFrank Wall Street Reform and Consumer 

Protection Act (the ‘‘DFA’’) (Pub. L. 

111–203) provides the Financial 

Stability Oversight Council (the 

‘‘Council’’) the authority to require that 

a nonbank financial company be 

supervised by the Board of Governors of 

the Federal Reserve System and be 

subject to prudential standards in 

accordance with Title I of the DFA if the 

Council determines that material 

financial distress at the firm, or the 

nature, scope, size, scale, concentration, 

interconnectedness, or mix of the 

activities of the firm, could pose a threat 

to the financial stability of the United 

States. The information collected in 

§ 1310.20 from state and federal 

regulatory agencies and from nonbank 

financial companies will be used 

generally by the Council to carry out its 

duties under Title I of the Dodd-Frank 

Act. The collections of information in 

§§ 1310.21, 1310.22 and 1310.23 

provide an opportunity for a nonbank 

financial company to request a hearing 

or submit written materials to the 

Council concerning whether, in the 

company’s view, material financial 

distress at the company, or the nature, 

scope, size, scale, concentration, 

interconnectedness, or mix of the 

activities of the company, could pose a 

threat to the financial stability of the 

United States. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Number of Respondents: 1. 

Frequency of Response: On occasion. 

Estimated Total Number of Annual 

Responses: 1. 

Estimated Time per Response: 20 

hours. 

Estimated Total Annual Burden 

Hours: 20. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and included in the 

request for Office of Management and 

Budget 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 technology; and (e) estimates of 

capital or start-up costs and costs of 

operation, maintenance, and purchase 

of services required to provide 

information. 

(Authority: 44 U.S.C. 3501 et seq.) 

Dated: January 24, 2022. 

Molly Stasko, 

Treasury PRA Clearance Officer. 

[FR Doc. 2022–01698 Filed 1–27–22; 8:45 am] 

BILLING CODE 4810–AK–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request; CARES Act Air 

Carrier Loan and Payroll Support 

Program 

AGENCY: Departmental Offices, 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury will submit the following 

information collection requests to the 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments must be received on 

or before February 28, 2022. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Molly Stasko by emailing 

PRA@treasury.gov, calling (202) 622– 

8922, or viewing the entire information 

collection request at www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Title: CARES Act Air Carrier Loan and 

Payroll Support Programs. 

OMB Control Number: 1505–0263. 

Type of Review: Extension of a 

currently approved collection. 

Description: On March 27, 2020, the 

President signed the ‘‘Coronavirus Aid, 

Relief, and Economic Security Act’’ or 

the ‘‘CARES Act’’ (Pub. L. 116–136), 

which provides emergency assistance 

and health care response for 

individuals, families and businesses 

affected by the COVID–19 pandemic, 

and provides emergency appropriations 


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