[Federal Register Volume 87, Number 117 (Friday, June 17, 2022)]
[Notices]
[Pages 36583-36584]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-13090]



[[Page 36583]]

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Domestic First Lien Residential 
Mortgage Data

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites comment on the renewal of an information 
collection as required by the Paperwork Reduction Act of 1995 (PRA). In 
accordance with the requirements of the PRA, the OCC may not conduct or 
sponsor, and respondents are not required to respond to, an information 
collection unless it displays a currently valid Office of Management 
and Budget (OMB) control number. The OCC is soliciting comment 
concerning the renewal of its information collection titled ``Domestic 
First Lien Residential Mortgage Data.'' The OCC also is giving notice 
that it has sent the collection to OMB for review.

DATES: Comments must be received by: July 18, 2022.

ADDRESSES: Commenters are encouraged to submit comments by email, if 
possible. You may submit comments by any of the following methods:
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#99e9ebf8f0f7fff6d9f6fafab7edebfcf8eab7fef6ef"><span class="__cf_email__" data-cfemail="f9898b9890979f96b9969a9ad78d8b9c988ad79e968f">[email protected]</span></a>.
    <bullet> Mail: Chief Counsel's Office, Attention: Comment 
Processing, 1557-0331, Office of the Comptroller of the Currency, 400 
7th Street SW, Suite 3E-218, Washington, DC 20219.
    <bullet> Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218, 
Washington, DC 20219.
    <bullet> Fax: (571) 465-4326.
    Instructions: You must include ``OCC'' as the agency name and 
``1557-0331'' in your comment. In general, the OCC will publish 
comments on www.reginfo.gov without change, including any business or 
personal information provided, such as name and address information, 
email addresses, or phone numbers. Comments received, including 
attachments and other supporting materials, are part of the public 
record and subject to public disclosure. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.
    Written comments and recommendations for the proposed information 
collection should also be sent within 30 days of publication of this 
notice to www.reginfo.gov/public/do/PRAMain. Find this information 
collection by selecting ``Currently under 30-day Review--Open for 
Public Comments'' or by using the search function.
    On March 29, 2022, the OCC published a 60-day notice for this 
information collection, 87 FR 18070. You may review comments and other 
related materials that pertain to this information collection following 
the close of the 30-day comment period for this notice by the method 
set forth in the next bullet.
    <bullet> Viewing Comments Electronically: Go to www.reginfo.gov. 
Hover over the ``Information Collection Review'' tab and click on 
``Information Collection Review'' from the drop-down menu. From the 
``Currently under Review'' drop-down menu, select ``Department of 
Treasury'' and then click ``submit.'' This information collection can 
be located by searching by OMB control number ``1557-0331'' or 
``Domestic First Lien Residential Mortgage Data.'' Upon finding the 
appropriate information collection, click on the related ``ICR 
Reference Number.'' On the next screen, select ``View Supporting 
Statement and Other Documents'' and then click on the link to any 
comment listed at the bottom of the screen.
    <bullet> For assistance in navigating www.reginfo.gov, please 
contact the Regulatory Information Service Center at (202) 482-7340.

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer, 
(202) 649-5490, Chief Counsel's Office, Office of the Comptroller of 
the Currency, 400 7th Street SW, Washington, DC 20219. If you are deaf, 
hard of hearing, or have a speech disability, please dial 7-1-1 to 
access telecommunications relay services.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal 
agencies must obtain approval from OMB for each collection of 
information that they conduct or sponsor. Collection of information is 
defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency 
requests or requirements that members of the public submit reports, 
keep records, or provide information to a third party. The OCC asks 
that OMB extend its approval of the collection in this document.
    Title: Domestic First Lien Residential Mortgage Data.
    OMB Control No.: 1557-0331.
    Description: Section 104(a) of the Helping Families Save Their 
Homes Act of 2009 (12 U.S.C. 1715z-25(a)) (Act), as amended by section 
1493(a) of the Dodd-Frank Wall Street Reform and Consumer Protection 
Act, requires the OCC to submit a quarterly report to Congress on 
mortgage modification activity in the Federal banking system. Section 
104(b) of the Act (12 U.S.C. 1715z-25(b)) requires the OCC to collect 
mortgage modification data from national banks and Federal savings 
associations and provides for the collection of all data necessary to 
fulfill the reporting requirements of section 104(a). Those 
requirements include information on the number of mortgage 
modifications in each state that have certain characteristics such as 
changes to the principal amount of a loan or changes to a homeowner's 
total monthly principal and interest payment.
    The OCC currently collects aggregate data on first-lien residential 
mortgage loans serviced by seven national banks with large mortgage-
servicing portfolios. The required aggregate data are industry standard 
measures of portfolio performance, including: (1) outstanding loan 
count and unpaid principal balance; (2) delinquency and liquidation 
ratios; and (3) the number of loss mitigation actions completed.
    Type of Review: Extension without change of an existing information 
collection.
    Affected Public: Businesses or other for-profit.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 7.
    Estimated Total Annual Burden: 576 hours.
    On March 29, 2022, the OCC published a 60-day notice for this 
information collection, 87 FR 18070. No comments were received. 
Comments continue to be invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the OCC, including whether the 
information shall have practical utility;
    (b) The accuracy of the OCC'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 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,

[[Page 36584]]

maintenance, and purchase of services to provide information.

Theodore J. Dowd,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
[FR Doc. 2022-13090 Filed 6-16-22; 8:45 am]
BILLING CODE 4810-33-P


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