[Federal Register Volume 85, Number 172 (Thursday, September 3, 2020)]
[Proposed Rules]
[Page 54946]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-19575]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
12 CFR Part 22
[Docket ID OCC-2020-0008]
FEDERAL RESERVE SYSTEM
12 CFR Part 208
[Docket No. OP-1720]
FEDERAL DEPOSIT INSURANCE CORPORATION
12 CFR Part 339
RIN 3064-ZA16
FARM CREDIT ADMINISTRATION
12 CFR Part 614
RIN 3052-AD42
NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Part 760
RIN 3133-AF14
Loans in Areas Having Special Flood Hazards; Interagency
Questions and Answers Regarding Flood Insurance; Extension of Comment
Period
AGENCY: Office of the Comptroller of the Currency, Treasury (OCC);
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); Farm Credit Administration (FCA);
National Credit Union Administration (NCUA).
ACTION: Notification and request for comment; extension of comment
period.
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SUMMARY: On July 6, 2020, the OCC, Board, FDIC, FCA, and NCUA
(collectively, the Agencies) published in the Federal Register a notice
soliciting comments on a proposal to reorganize, revise, and expand the
Interagency Questions and Answers Regarding Flood Insurance (July 2020
Proposed Questions and Answers). The July 2020 Proposed Questions and
Answers provided for a comment period ending on September 4, 2020. The
Agencies have determined that an extension of the comment period until
November 3, 2020, is appropriate. This action will allow interested
parties additional time to analyze the proposal and prepare and submit
comments.
DATES: The comment period for the proposed revisions to the Interagency
Flood Questions and Answers, published on July 6, 2020 (85 FR 40442),
is extended from September 4, 2020, to November 3, 2020.
ADDRESSES: You may submit comments by any of the methods identified in
the proposal.
FOR FURTHER INFORMATION CONTACT:
OCC: Rhonda L. Daniels, Compliance Specialist, Compliance Risk
Policy Division, (202) 649-5405; Heidi M. Thomas, Special Counsel, or
Cyndy MacMahon, Attorney, Chief Counsel's Office, (202) 649-6350, or,
for persons who are deaf or hard of hearing, TTY, (202) 649-5597.
Board: Lanette Meister, Senior Supervisory Consumer Financial
Services Analyst (202) 452-2705 or Vivian W. Wong, Senior Counsel (202)
452-3667, Division of Consumer and Community Affairs; Daniel Ericson,
Senior Counsel (202) 452-3359, Legal Division; for users of
Telecommunications Device for the Deaf (TDD) only, contact (202) 263-
4869.
FDIC: Navid Choudhury, Counsel, Policy Unit, Legal Division, (202)
898-6526; or Simin Ho, Senior Policy Analyst, Division of Depositor and
Consumer Protection, (202) 898-6907.
FCA: Ira D. Marshall, Senior Policy Analyst, Office of Regulatory
Policy, (703) 883-4379, TTY (703) 883-4056 or Jennifer Cohn, Senior
Counsel, Office of General Counsel, (720) 213-0440.
NCUA: Sarah Chung, Senior Staff Attorney, Office of General
Counsel, (703) 518-6540, or Lou Pham, Senior Credit Specialist, Office
of Examination and Insurance, (703) 518-6360.
SUPPLEMENTARY INFORMATION: On July 6, 2020, the Agencies published in
the Federal Register \1\ a notice soliciting comments on a proposal to
reorganize, revise, and expand the Interagency Questions and Answers
Regarding Flood Insurance (July 2020 Proposed Questions and Answers).
The Agencies proposed new and revised guidance addressing the most
frequently asked questions and answers about flood insurance to help
lenders meet their responsibilities under Federal flood insurance law
and to increase public understanding of these requirements.
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\1\ 85 FR 40442 (July 6, 2020).
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The July 2020 Proposed Questions and Answers stated that the
comment period would close on September 4, 2020. The Agencies received
public comments requesting an extension of the comment period due to
the extent of the revisions proposed by the Agencies and the COVID-19
emergency. An extension of the comment period will provide additional
opportunity for the public to review and prepare comments. Therefore,
the Agencies are extending the end of the comment period for the
proposal from September 4, 2020, to November 3, 2020.
Blake Paulson,
Senior Deputy Comptroller and Chief Operating Officer.
Ann E. Misback,
Secretary of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 31, 2020.
Robert E. Feldman,
Executive Secretary.
Dated at McLean, VA, this 31st day of August 2020.
Dale Aultman,
Secretary, Farm Credit Administration Board.
Gerard Poliquin,
Secretary of the Board, National Credit Union Administration.
[FR Doc. 2020-19575 Filed 9-2-20; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 7535-01-P; 6705-01-P