10566 Federal Register / Vol. 80, No. 38 / Thursday, February 26, 2015 / Notices 

1Each OFA must be accompanied by the filing 

fee, which is currently set at $1,600. See 49 CFR 

1002.2(f)(25). 

2Because this is a discontinuance proceeding and 

not an abandonment, interim trail use/rail banking 

and public use conditions are not appropriate. 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. AB 32 (Sub-No. 106X)] 

Boston and Maine Corporation— 

Discontinuance of Service 

Exemption—in Essex County, Mass 

Boston and Maine Corporation (B&M) 

filed a verified notice of exemption 

under 49 CFR part 1152 subpart F— 

Exempt Abandonments and 

Discontinuances of Service to 

discontinue service over approximately 

1.4 miles of railroad line in Essex 

County, Mass. (the Line). The Line, 

known as the Manchester and Lawrence 

Branch, extends between mileposts 0.00 

and 1.4 and traverses United States 

Postal Service Zip Code 01840. 

B&M has certified that: (1) No local 

traffic has moved over the Line for at 

least two years; (2) there is no overhead 

traffic on the Line; (3) no formal 

complaint filed by a user of rail service 

on the Line (or by a state or local 

government entity acting on behalf of 

such user) regarding cessation of service 

over the Line either is pending before 

the Surface Transportation Board or any 

U.S. District Court or has been decided 

in favor of a complainant within the 

two-year period; and (4) the 

requirements at 49 CFR 1105.7(c) 

(environmental report), 49 CFR 1105.11 

(transmittal letter), 49 CFR 1105.12 

(newspaper publication), and 49 CFR 

1152.50(d)(1) (notice to governmental 

agencies) have been met. 

As a condition to this exemption, any 

employee adversely affected by the 

discontinuance shall be protected under 

Oregon Short Line Railroad— 

Abandonment Portion Goshen Branch 

Between Firth & Ammon, in Bingham & 

Bonneville Counties, Idaho, 360 I.C.C. 

91 (1979). To address whether this 

condition adequately protects affected 

employees, a petition for partial 

revocation under 49 U.S.C. 10502(d) 

must be filed. 

Provided no formal expression of 

intent to file an offer of financial 

assistance (OFA) to subsidize continued 

rail service has been received, this 

exemption will become effective on 

March 28, 2015 (50 days after the filing 

of the exemption), unless stayed 

pending reconsideration. Petitions to 

stay that do not involve environmental 

issues and formal expressions of intent 

to file an OFA to subsidize continued 

rail service under 49 CFR 1152.27(c)(2) 1

must be filed by March 9, 2015.2

Petitions to reopen must be filed by 

March 18, 2015, with the Surface 

Transportation Board, 395 E Street SW., 

Washington, DC 20423–0001. 

A copy of any petition filed with the 

Board should be sent to B&M’s 

representative: Robert B. Burns, Esq., 

Pan Am Railways, 1700 Iron Horse Park, 

Billerica, MA 01862. 

If the verified notice contains false or 

misleading information, the exemption 

is void ab initio. 

Board decisions and notices are 

available on our Web site at 

www.stb.dot.gov. 

Decided: February 23, 2015. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Jeffrey Herzig, 

Clearance Clerk. 

[FR Doc. 2015–04106 Filed 2–25–15; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

February 23, 2015. 

The Department of the Treasury will 

submit the following information 

collection request to the Office of 

Management and Budget (OMB) for 

review and clearance in accordance 

with the Paperwork Reduction Act of 

1995, Public Law 104–13, on or after the 

date of publication of this notice. 

DATES: Comments should be received on 

or before March 30, 2015 to be assured 

of consideration. 

ADDRESSES: Send comments regarding 

the burden estimate, or any other aspect 

of the information collection, including 

suggestions for reducing the burden, to 

(1) Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Attention: Desk Officer for 

Treasury, New Executive Office 

Building, Room 10235, Washington, DC 

20503, or email at OIRA_Submission@

OMB.EOP.gov and (2) Treasury PRA 

Clearance Officer, 1750 Pennsylvania 

Ave. NW., Suite 8140, Washington, DC 

20220, or email at PRA@treasury.gov. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submission(s) may be 

obtained by calling (202) 927–5331, 

email at PRA@treasury.gov, or the entire 

information collection request may be 

found at www.reginfo.gov. 

Internal Revenue Service (IRS) 

OMB Number: 1545–2229. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: TD 9575—Summary of Benefits 

and Coverage and the Uniform Glossary. 

Abstract: This document contains 

regulations regarding disclosure of the 

summary of benefits and coverage and 

the uniform glossary for group health 

plans and health insurance coverage in 

the group and individual markets under 

the Patient Protection and Affordable 

Care Act and implements the disclosure 

requirements to help plans and 

individuals better understand their 

health coverage, as well as other 

coverage options. 

Affected Public: Private Sector: 

Businesses or other for-profits; not-forprofit institutions. 

Estimated Annual Burden Hours: 

649,500. 

Dawn D. Wolfgang, 

Treasury PRA Clearance Officer. 

[FR Doc. 2015–04021 Filed 2–25–15; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Comment Request; 

Registration of Mortgage Loan 

Originators 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, 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 a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995 (PRA). 

Under the PRA, Federal agencies are 

required to publish notice in the 

Federal Register concerning each 

proposed collection of information, 

including each proposed extension of an 

existing collection of information, and 

to allow 60 days for public comment in 

response to the notice. 

In accordance with the requirements 

of the PRA, the OCC may not conduct 

or sponsor, and the respondent is 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 


rmajette on DSK2VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 38 / Thursday, February 26, 2015 / Notices 10567 

titled, ‘‘Registration of Mortgage Loan 

Originators.’’ 

DATES: You should submit written 

comments by: April 27, 2015. 

ADDRESSES: Because paper mail in the 

Washington, DC area and at the OCC is 

subject to delay, commenters are 

encouraged to submit comments by 

email, if possible. Comments may be 

sent to: Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, Attention: 

1557–0243, 400 7th Street SW., Suite 

3E–218, Mail Stop 9W–11, Washington, 

DC 20219. In addition, comments may 

be sent by fax to (571) 465–4326 or by 

electronic mail to regs.comments@

occ.treas.gov. You may personally 

inspect and photocopy comments at the 

OCC, 400 7th Street SW., Washington, 

DC 20219. For security reasons, the OCC 

requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 649–6700. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

All comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

enclose any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

FOR FURTHER INFORMATION CONTACT: 

Mary H. Gottlieb, OCC Clearance 

Officer, (202) 649–5490, for persons 

who are deaf or hard of hearing, TTY, 

(202) 649–5597, Legislative and 

Regulatory Activities Division, Office of 

the Comptroller of the Currency, 400 7th 

Street SW., Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: 

The OCC is requesting extension of 

OMB approval for this collection. There 

have been no changes to the 

requirements of the regulations. 

Title: Registration of Mortgage Loan 

Originators. 

OMB Number: 1557–0243. 

Description: Among other things, the 

Secure and Fair Enforcement for 

Mortgage Licensing Act (S.A.F.E. Act), 

codified at 12 U.S.C. 5101–5116, 

requires an employee of a bank, savings 

association, or credit union or a 

subsidiary thereof regulated by a 

Federal banking agency or an employee 

of an institution regulated by the Farm 

Credit Administration (FCA), 

(collectively, Agency-regulated 

Institutions) who engages in the 

business of a residential mortgage loan 

originator (MLO) to register with the 

Nationwide Mortgage Licensing System 

and Registry (Registry) and obtain a 

unique identifier. Pursuant to 

implementing regulations set forth at 12 

CFR part 1007, Agency-regulated 

Institutions must require their 

employees who act as residential MLOs 

to comply with the requirements to 

register and obtain a unique identifier 

under the S.A.F.E. Act and must adopt 

and follow written policies and 

procedures to assure compliance with 

these requirements. In order to register, 

an MLO must provide to the Registry 

identifying information, including: (1) 

Fingerprints for submission to the 

Federal Bureau of Investigation and any 

other relevant governmental agency for 

a State and national criminal 

background check; and (2) personal 

history and experience, including 

authorization for the Registry to obtain 

information related to any 

administrative, civil, or criminal 

findings by any governmental 

jurisdiction. The S.A.F.E. Act originally 

required the Federal banking agencies 

and the FCA to develop and maintain 

the Registry; the Dodd-Frank Act 

subsequently transferred that 

responsibility to the Consumer 

Financial Protection Bureau. 

The Registry is intended to aggregate 

and improve the flow of information to 

and between regulators; provide 

increased accountability and tracking of 

mortgage loan originators; enhance 

consumer protections; reduce fraud in 

the residential mortgage loan origination 

process; and provide consumers with 

easily accessible information at no 

charge regarding the employment 

history of, and the publicly adjudicated 

disciplinary and enforcement actions 

against, MLOs. 

MLO Reporting Requirements 

Twelve CFR 1007.103(a) generally 

requires an MLO of an Agency-regulated 

Institution to register with the Registry, 

maintain such registration, and obtain a 

unique identifier. Under § 1007.103(b), 

an Agency-regulated Institution must 

require each such registration to be 

renewed annually and updated within 

30 days of the occurrence of specified 

events. Section 1007.103(d) sets forth 

the categories of information that an 

employee, or the employing institution 

on the employee’s behalf, must submit 

to the Registry, along with the 

employee’s attestation as to the 

correctness of the information supplied 

and an authorization to obtain further 

information. 

MLO Disclosure Requirement 

Section 1007.105(b) requires an MLO 

to provide the unique identifier to a 

consumer upon request. 

Financial Institution Reporting 

Requirements 

Section 1007.103(e) specifies the 

institution and employee information 

that an institution must submit to the 

Registry in connection with the initial 

registration of one or more MLOs, and 

thereafter update. 

Financial Institution Disclosure 

Requirements 

Section 1007.105(a) requires the 

institution to make the unique identifier 

of MLOs available to consumers in a 

manner and method practicable to the 

institution. 

Financial Institution Recordkeeping 

Requirements 

• Section 1007.103(d)(1)(xii) requires 

the collection of MLO fingerprints. 

• Section 1007.104 requires an 

institution employing MLOs to: 

Æ Adopt and follow written policies 

and procedures, at a minimum 

addressing certain specified areas, but 

otherwise appropriate to the nature, 

size, and complexity of their mortgage 

lending activities; 

Æ Establish reasonable procedures 

and tracking systems for monitoring 

registration compliance; and 

Æ Establish a process for, and 

maintain records related to, employee 

criminal history background reports and 

actions taken with respect thereto. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals; 

Businesses or other for-profit. 

Estimated Number of Respondents: 

65,027. 

Estimated Total Annual Burden: 

44,898 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 functions of the 

OCC, including whether the information 

has 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, 

maintenance, and purchase of services 

to provide information. 


rmajette on DSK2VPTVN1PROD with NOTICES
10568 Federal Register / Vol. 80, No. 38 / Thursday, February 26, 2015 / Notices 

Dated: February 20, 2015. 

Stuart E. Feldstein, 

Director, Legislative and Regulatory Activities 

Division. 

[FR Doc. 2015–04046 Filed 2–25–15; 8:45 am] 

BILLING CODE P 


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