Agency Information Collection Activities: Proposed Collection; Comment Request

FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Proposed Collection;

Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 proposed and/or

continuing information collections, as required by the Paperwork

Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is

soliciting comments concerning an information collection titled ``Asset

Marketing Survey--Loans and Real Estate.''

DATES: Comments must be submitted on or before July 28, 1997.

ADDRESSES: Interested parties are invited to submit written comments to

Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, Office of the

Executive Secretary, Federal Deposit Insurance Corporation, 550 17th

Street N.W., Washington, D.C. 20429. All comments should refer to

``Asset Marketing Survey--Loans and Real Estate.'' Comments may be

hand-delivered to Room F-400, 1776 F Street, N.W. Washington, D.C.

20429, on business days between 8:30 a.m. and 5:00 p.m. [FAX number

(202) 898-3838; Internet address: [email protected]].

A copy of the comments may also be submitted to the OMB desk

officer for the FDIC: Alexander Hunt, Office of Information and

Regulatory Affairs, Office of Management and Budget, New Executive

Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT: Steven F. Hanft, at the address

identified above.

SUPPLEMENTARY INFORMATION:

Proposal To Renew the Following Currently Approved Collection of

Information

Title: Asset Marketing Survey--Loans and Real Estate.

OMB Number: 3064-0089.

Frequency of Response: Occasional.

Affected Public: Prospective investors interested in loan

portfolios and real estate available for sale by the FDIC.

Estimated Number of Respondents: 1,900.

Estimated Time per Response: 25 hours.

Estimated Total Annual Burden: 450 hours.

General Description of Collection: The collection consists of Forms

FDIC 7240/01 and 7240/03 which are used to collect information on

investor interest in loans and real estate. The two forms permit local,

regional and national investors to identify the types of loans or real

estate they want to purchase from the FDIC, the size of loan portfolios

they will consider, and the locations which meet their interests.

Request for Comment

Comments are invited on: (a) Whether the collection of information

is necessary for proper performance of the FDIC'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;

and (d) ways to minimize the burden of the information collection on

respondents, including through the use of automated collection

techniques or other forms of information technology.

At the end of the comment period, the comments and recommendations

received will be analyzed to determine the extent to which the

collection should be modified prior to submission to OMB for review and

approval. Comments submitted in response to this notice also will be

summarized or included in the FDIC's requests to OMB for renewal of

this collection. All comments will become a matter of public record.

Dated at Washington, D.C., this 22nd day of May, 1997.

[[Page 29141]]

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Deputy Executive Secretary.

[FR Doc. 97-14005 Filed 5-28-97; 8:45 am]

BILLING CODE 6714-01-M