Federal Deposit
Insurance Corporation

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

Office of Thrift Supervision

FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities; Proposed Renewal of
Information Collection; Comment Request

AGENCIES: Office of the Comptroller of the Currency (OCC) and Office of
Thrift Supervision (OTS), Treasury, and Federal Deposit Insurance
Corporation (FDIC).

ACTION: Joint notice and request for comment.

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SUMMARY: The OCC, OTS, and FDIC (collectively, the ``agencies''), as
part of their continuing efforts to reduce paperwork and respondent
burden, invite financial institutions, the general public, and other
Federal agencies to comment on a continuing information

[[Page 26659]]

collection. This notice is issued in accordance with the requirements
of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35).
Currently, the agencies are requesting comment on the extension,
without change, of an information collection titled Interagency
Guidance on Asset Securitization Activities.

DATES: Written comments should be received on or before July 7, 2000.

ADDRESSES: You are invited to submit a comment to any or all of the
agencies. Please direct your comments as follows:
OCC: Communications Division, Office of the Comptroller of the
Currency, 250 E Street, SW., Third Floor, Attention: 1557-0217,
Washington, DC 20219. In addition, you may send a comment by facsimile
transmission to (202) 874-5274, or by electronic mail to
regs.comments@occ.treas.gov. You can inspect and photocopy the comments
at the OCC's Public Reference Room, 250 E Street, SW., Washington, DC,
between 9:00 a.m. and 5:00 p.m. on business days. You can make an
appointment to inspect the comments by calling (202) 874-5043.
OTS: Manager, Dissemination Branch, Information Management and
Services, Office of Thrift Supervision, 1700 G Street, NW., Washington,
DC 20552, Attention: 1550-0104. You may hand deliver your comments to
the Guard's desk at 1700 G Street, NW.; or you may send comments by
facsimile transmission to (202) 906-7755; or they may be sent by e-
mail: public.info@ots.treas.gov. If you comment by e-mail, you should
include your name and telephone number. You should send any comments
over 25 pages in length to FAX Number (202) 906-6956. You may inspect
the comments at 1700 G Street, NW., from 10 a.m. until 4 p.m. on
Tuesdays and Thursdays. Comments are also available at OTS.treas.gov.
FDIC: Robert E. Feldman, Executive Secretary, Attention: Comments/
OES, Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429. You may hand-deliver comments to the guard
station at the rear of the 550 17th Street Building (located on F
Street), on business days between 7 a.m. and 5 p.m. [FAX number (202)
898-3838: Internet address: comments@fdic.gov]. You may inspect and
photocopy comments in the FDIC Public Information Center, Room 100, 801
17th Street, NW., Washington, DC, between 9 a.m. and 4:30 p.m., on
business days.

FOR FURTHER INFORMATION CONTACT: You may request additional information
or a copy of the collection by contacting:
OCC: Jessie Dunaway or Camille Dixon, Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency, 250 E
Street, SW., Washington DC 20219, (202) 874-5090.
OTS: William Magrini, Supervision, Office of Thrift Supervision,
1700 G Street, NW., Washington, DC 20552, (202) 906-5744.
FDIC: Steven F. Hanft, Office of the Executive Secretary, FDIC, 550
17th Street, NW., Washington, DC 20429, (202) 898-7453.

SUPPLEMENTARY INFORMATION:
Title: Interagency Guidance on Asset Securitization Activities.

OMB Numbers:
OCC: 1557-0217.
OTS: 1550-0104.
FDIC: 3064-0137.
Form Numbers:
None.
Abstract: On December 13, 1999, the agencies issued the Interagency
Guidance on Asset Securitization Activities. The information
collections contained in the Interagency Guidance were approved by OMB.
The agencies are now in the process of requesting that OMB renew its
approval of those information collections. The agencies are not
proposing any change to the underlying information collections.
The Board of Governors of the Federal Reserve System has
participated in the development and review of this information
collection and will process its extension under its Paperwork Reduction
Act delegated authority.
Type of Review: Renewal, without change, of a currently approved
collection.
Affected Public: Business, for-profit institutions, and non-profit
institutions.
Estimated Number of Respondents:
OCC: 50.
OTS: 30.
FDIC: 70.
Estimated Total Annual Responses:
OCC: 1 per year.
OTS: 1 per year.
FDIC: 1 per year.
Estimated Total Annual Burden:
OCC: 2,115 hours.
OTS: 1,269 hours.
FDIC: 2,070 hours.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number.

Request for Comments

Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agencies, including whether
the information shall have practical utility;
(b) The accuracy of the agencies' 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 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.

Dated: May 2, 2000.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.

Dated: April 24, 2000.
John E. Werner,
Director, Information Management and Services, Office of Thrift
Supervision.

Dated at Washington, DC, this 26th day of April, 2000.