[Federal Register: March 22, 2002 (Volume 67, Number 56)]
[Notices]               
[Page 13333-13334]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22mr02-67]                         

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FEDERAL DEPOSIT INSURANCE CORPORATION

 
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act of 1995.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the FDIC hereby gives notice that it 
plans to submit to the Office of Management and Budget (OMB) a request 
for OMB review and approval of the information collection system 
described below.
    Type of Review: Renewal of a currently approved collection.
    Title: Flood Insurance.
    OMB Number: 3064-0120
    Annual Burden:

Estimated annual number of respondents/recordkeepers: 5,700
Estimated number of covered transactions: 180,000
Estimated reporting hours: 9,000
Estimated recordkeeping hours: 5,700
Estimated total annual reporting and recordkeeping burden hours: 14,700
Estimated average annual burden hours per respondent/recordkeeper: 2.6 
hours

    Expiration Date of OMB Clearance: April 30, 2002.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Office of Information and Regulatory Affairs, 
Washington, D.C. 20503.
    FDIC Contact: Tamara R. Manly, (202) 898-7453, Office of the 
Executive Secretary, Room F-4058, Federal Deposit Insurance 
Corporation, 550 17th Street N.W., Washington, D.C. 20429.
    Comments: Comments on this collection of information are welcome 
and should be submitted on or before April 22, 2002, to both the OMB 
reviewer and the FDIC contact listed above.

ADDRESSES: Information about this submission, including copies of the 
proposed collection of information, may be obtained by calling or 
writing the FDIC contact listed above.

SUPPLEMENTARY INFORMATION: Each supervised lending institution is 
currently required to provide a notice of special flood hazards to a 
borrower acquiring a loan secured by a building on real property 
located in an area

[[Page 13334]]

identified by the Director of the Federal Emergency Management 
Administration as being subject to special flood hazards. The Riegle 
Community Development Act requires that each institution must also 
provide a copy of the notice to the servicer of the loan (if different 
from the originating lender).

    Dated: March 18, 2002.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 02-6951 Filed 3-21-02; 8:45 am]
BILLING CODE 6714-01-U