516.25—What type of application must I file?
(a) Expedited treatment.
If you are eligible for expedited treatment under § 516.5, you may file your application in the form of a notice that includes all information required by the applicable substantive regulation. If OTS has designated a form for your notice, you must file that form. Your notice is an application for the purposes of all statutory and regulatory references to “applications.”
(b) Standard treatment.
If you are subject to standard treatment under § 516.5, you must file your application following all applicable substantive regulations and guidelines governing the filing of applications. If OTS has a designated form for your application, you must file that form.
(c) Waiver requests.
If you want OTS to waive a requirement that you provide certain information with the notice or application, you must include a written waiver request:
(2)
Explaining why the information is not needed to enable OTS to evaluate your notice or application under applicable standards.