80 FR 55100 - Agency Information Collection Activities: Comment Request
BUREAU OF CONSUMER FINANCIAL PROTECTION Federal Register Volume 80, Issue 177 (September 14, 2015)
Federal Register Volume 80, Issue 177 (September 14, 2015)
| Page Range | 55100-55101 | |
| FR Document | 2015-23068 |
[Federal Register Volume 80, Number 177 (Monday, September 14, 2015)] [Notices] [Pages 55100-55101] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-23068] ----------------------------------------------------------------------- BUREAU OF CONSUMER FINANCIAL PROTECTION [Docket No: CFPB-2015-0039] Agency Information Collection Activities: Comment Request AGENCY: Bureau of Consumer Financial Protection. ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau) is requesting to renew the Office of Management and Budget (OMB) approval for an existing information collection, titled, ``High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z).'' DATES: Written comments are encouraged and must be received on or before November 13, 2015 to be assured of consideration. ADDRESSES: You may submit comments, identified by the title of the information collection, OMB Control Number (see below), and docket number (see above), by any of the following methods:Electronic: http://www.regulations.gov. Follow the instructions for submitting comments. Mail: Consumer Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552. Hand Delivery/Courier: Consumer Financial Protection Bureau (Attention: PRA Office), 1275 First Street NE., Washington, DC 20002. Please note that comments submitted after the comment period will not be accepted. In general, all comments received will become public records, including any personal information provided. Sensitive personal information, such as account numbers or social security numbers, should not be included. FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of this information collection request is available at www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: PRA@cfpb.gov. Please do not submit comments to this mailbox. SUPPLEMENTARY INFORMATION: Title of Collection: High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z). OMB Control Number: 3170-0023. Type of Review: Extension without change of a currently approved collection. Affected Public: Businesses and other for- and non-profit institutions. Estimated Number of Respondents: 49. Estimated Total Annual Burden Hours: 317. Abstract: The Truth in Lending Act (TILA), 15 U.S.C. 1601 et seq., was enacted to foster comparison credit shopping and informed credit decision making by requiring accurate disclosure of the costs and terms of credit to consumers. Creditors are subject to disclosure and other requirements that apply to open-end credit (e.g., revolving credit or credit lines) and closed-end credit (e.g., installment financing). TILA imposes disclosure requirements on all types of creditors in connection with consumer credit, including mortgage companies, finance companies, retailers, and credit card issuers, to ensure that consumers are fully apprised of the terms of financing prior to consummation of the transaction and, in some instances, during the loan term. It also imposes advertising disclosure requirements on advertisers of consumer credit. TILA also establishes billing error resolution procedures for open-end credit and limits consumer [[Page 55101]] liability for the unauthorized use of credit cards. An amendment to TILA, the Home Ownership and Equity Protection Act (HOEPA), imposes, among other things, various disclosure and other requirements on certain creditors offering high-cost mortgages to consumers. The CFPB promulgated its Regulation Z to implement TILA, as required by the statute. The CFPB enforces TILA as to certain creditors and advertisers. TILA also contains a private right of action for consumers and provides enhanced remedies to consumers in high-cost mortgages for violations of HOEPA. Request for Comments: Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the Bureau, including whether the information will have practical utility; (b) The accuracy of the CFPB's estimate of the burden of the collection of information, including the validity of the methods and the 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 collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Dated: September 9, 2015. Linda F. Powell, Chief Data Officer, Bureau of Consumer Financial Protection. [FR Doc. 2015-23068 Filed 9-11-15; 8:45 am] BILLING CODE 4810-AM-P
![55100 Federal Register / Vol. 80, No. 177 / Monday, September 14, 2015 / Notices
below), and docket number (see above), Request for Comments: The Bureau • Mail: Consumer Financial
by any of the following methods: issued a 60-day Federal Register notice Protection Bureau (Attention: PRA
• Electronic: http:// on June 15, 2015, (80 FR 34148). Office), 1700 G Street NW., Washington,
www.regulations.gov. Follow the Comments were solicited and continue DC 20552.
instructions for submitting comments. to be invited on: (a) Whether the • Hand Delivery/Courier: Consumer
• OMB: Office of Management and collection of information is necessary Financial Protection Bureau (Attention:
Budget, New Executive Office Building, for the proper performance of the PRA Office), 1275 First Street NE.,
Room 10235, Washington, DC 20503 or functions of the Bureau, including Washington, DC 20002.
fax to (202) 395–5806. Mailed or faxed whether the information will have Please note that comments submitted
comments to OMB should be to the practical utility; (b) The accuracy of the after the comment period will not be
attention of the OMB Desk Officer for Bureau’s estimate of the burden of the accepted. In general, all comments
the Bureau of Consumer Financial collection of information, including the received will become public records,
Protection. validity of the methods and the including any personal information
Please note that comments submitted assumptions used; (c) Ways to enhance provided. Sensitive personal
after the comment period will not be the quality, utility, and clarity of the information, such as account numbers
accepted. In general, all comments information to be collected; and (d) or social security numbers, should not
received will become public records, Ways to minimize the burden of the be included.
including any personal information collection of information on FOR FURTHER INFORMATION CONTACT:
provided. Sensitive personal respondents, including through the use Documentation prepared in support of
information, such as account numbers of automated collection techniques or
or social security numbers, should not this information collection request is
other forms of information technology. available at www.regulations.gov.
be included. Comments submitted in response to this Requests for additional information
FOR FURTHER INFORMATION CONTACT: notice will be summarized and/or should be directed to the Consumer
Documentation prepared in support of included in the request for OMB Financial Protection Bureau, (Attention:
this information collection request is approval. All comments will become a PRA Office), 1700 G Street NW.,
available at www.reginfo.gov (this link matter of public record. Washington, DC 20552, (202) 435–9575,
active on the day following publication
Dated: September 9, 2015. or email: PRA@cfpb.gov. Please do not
of this notice). Select ‘‘Information
Linda F. Powell, submit comments to this mailbox.
Collection Review,’’ under ‘‘Currently
under review, use the dropdown menu Chief Data Officer, Bureau of Consumer SUPPLEMENTARY INFORMATION:
‘‘Select Agency’’ and select ‘‘Consumer Financial Protection. Title of Collection: High-Cost
Financial Protection Bureau’’ (recent [FR Doc. 2015–23070 Filed 9–11–15; 8:45 am] Mortgage and Homeownership
submissions to OMB will be at the top BILLING CODE 4810–AM–P
Counseling Amendments to the Truth in
of the list). The same documentation is Lending Act (Regulation Z).
also available at http:// OMB Control Number: 3170–0023.
www.regulations.gov. Requests for BUREAU OF CONSUMER FINANCIAL Type of Review: Extension without
additional information should be PROTECTION change of a currently approved
directed to the Consumer Financial collection.
Protection Bureau, (Attention: PRA [Docket No: CFPB–2015–0039] Affected Public: Businesses and other
Office), 1700 G Street NW., Washington, for- and non-profit institutions.
DC 20552, (202) 435–9575, or email: Agency Information Collection Estimated Number of Respondents:
PRA@cfpb.gov. Please do not submit Activities: Comment Request 49.
comments to this email box. Estimated Total Annual Burden
AGENCY: Bureau of Consumer Financial Hours: 317.
SUPPLEMENTARY INFORMATION: Protection. Abstract: The Truth in Lending Act
Title of Collection: Regulation F: Fair ACTION: Notice and request for comment. (TILA), 15 U.S.C. 1601 et seq., was
Debt Collection Practices Act, State
enacted to foster comparison credit
Application for Exemption (12 CFR SUMMARY: In accordance with the shopping and informed credit decision
1006.2). Paperwork Reduction Act of 1995
OMB Control Number: 3170–XXXX. making by requiring accurate disclosure
(PRA), the Consumer Financial of the costs and terms of credit to
Type of Review: Request for a new Protection Bureau (Bureau) is requesting
OMB Control Number. consumers. Creditors are subject to
to renew the Office of Management and disclosure and other requirements that
Affected Public: State and Tribal Budget (OMB) approval for an existing
governments and the five (5) inhabited apply to open-end credit (e.g., revolving
information collection, titled, ‘‘High- credit or credit lines) and closed-end
U.S. Territories. Cost Mortgage and Homeownership
Estimated Number of Respondents: 1. credit (e.g., installment financing). TILA
Counseling Amendments to the Truth in imposes disclosure requirements on all
Estimated Total Annual Burden
Lending Act (Regulation Z).’’ types of creditors in connection with
Hours: 2.
Abstract: This Rule establishes DATES: Written comments are consumer credit, including mortgage
procedures and criteria whereby states encouraged and must be received on or companies, finance companies, retailers,
may apply to the Bureau for exemption before November 13, 2015 to be assured and credit card issuers, to ensure that
of a class of debt collection practices of consideration. consumers are fully apprised of the
within the applying state from the ADDRESSES: You may submit comments, terms of financing prior to
tkelley on DSK3SPTVN1PROD with NOTICES
provisions of the Fair Debt Collection identified by the title of the information consummation of the transaction and, in
Practices Act (FDCPA) as provided in collection, OMB Control Number (see some instances, during the loan term. It
section 817 of the Act, 15 U.S.C. 1692. below), and docket number (see above), also imposes advertising disclosure
The information collection request seeks by any of the following methods: requirements on advertisers of
OMB approval for the state application • Electronic: http:// consumer credit. TILA also establishes
for exemption from the provisions of www.regulations.gov. Follow the billing error resolution procedures for
FDCPA as contained in 12 CFR 1006.2. instructions for submitting comments. open-end credit and limits consumer
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![Federal Register / Vol. 80, No. 177 / Monday, September 14, 2015 / Notices 55101
liability for the unauthorized use of Conference Room, Red Lion Hotel— submission. Each page of the comment
credit cards. An amendment to TILA, Tacoma, 8402 S. Hosmer Street, must include the author’s name, title or
the Home Ownership and Equity Tacoma, WA 98444. affiliation, address, and daytime phone
Protection Act (HOEPA), imposes, FOR FURTHER INFORMATION CONTACT: Mr. number. All comments received before
among other things, various disclosure Don Tison, Designated Federal Officer, Wednesday, September 23, 2015, will be
and other requirements on certain National Commission on the Future of provided to the Commission before the
creditors offering high-cost mortgages to the Army, 700 Army Pentagon, Room September 24, 2015, meeting.
consumers. The CFPB promulgated its 3E406, Washington, DC 20310–0700, Comments received after Wednesday,
Regulation Z to implement TILA, as Email: dfo.public@ncfa.ncr.gov. Desk September 23, 2015, will be provided to
required by the statute. The CFPB (703) 692–9099. Facsimile (703) 697– the Commission before its next meeting.
enforces TILA as to certain creditors and 8242. All contact information may be found in
advertisers. TILA also contains a private the FOR FURTHER INFORMATION CONTACT
SUPPLEMENTARY INFORMATION:
right of action for consumers and section.
Due to circumstances beyond the Oral Comments: In addition to written
provides enhanced remedies to
consumers in high-cost mortgages for control of the Designated Federal Officer statements, one hour and forty minutes
violations of HOEPA. and the Department of Defense, the will be reserved for individuals or
Request for Comments: Comments are National Commission on the Future of interest groups to address the
invited on: (a) Whether the collection of the Army was unable to provide public Commission on September 24, 2015.
information is necessary for the proper notification of its meeting of September Those interested in presenting oral
performance of the functions of the 24, 2015, as required by 41 CFR 102– comments to the Commission must
Bureau, including whether the 3.150(a). Accordingly, the Advisory summarize their oral statement in
information will have practical utility; Committee Management Officer for the writing and submit with their
(b) The accuracy of the CFPB’s estimate Department of Defense, pursuant to 41 registration. The Commission’s staff will
of the burden of the collection of CFR 102–3.150(b), waives the 15- assign time to oral commenters at the
information, including the validity of calendar day notification requirement. meeting; no more than five minutes
the methods and the assumptions used; This meeting will be held under the each for individuals. While requests to
(c) Ways to enhance the quality, utility, provisions of the Federal Advisory make an oral presentation to the
and clarity of the information to be Committee Act (FACA) of 1972 (5 Commission will be honored on a first
collected; and (d) Ways to minimize the U.S.C., Appendix, as amended), the come, first served basis, other
burden of the collection of information Government in the Sunshine Act of opportunities for oral comments will be
on respondents, including through the 1976 (5 U.S.C. 552b, as amended), and provided at future meetings.
use of automated collection techniques 41 CFR 102–3.150. Registration: Individuals and entities
or other forms of information Purpose of Meetings: During the open who wish to attend the public hearing
technology. Comments submitted in meeting on Thursday, September 24, and meeting on Thursday, September
response to this notice will be 2015, the Commission will hear verbal 24, 2015 are encouraged to register for
summarized and/or included in the comments from the public. the event with the DFO using the
request for OMB approval. All Agenda: September 24, 2015, 3 p.m. electronic mail and facsimile contact
comments will become a matter of to 5 p.m.—Open Hearing: The public information found in the FOR FURTHER
public record. will have the opportunity to make INFORMATION CONTACT section. The
verbal comments. communication should include the
Dated: September 9, 2015.
Meeting Accessibility: Pursuant to 41 registrant’s full name, title, affiliation or
Linda F. Powell, CFR 102–3.140 through 102–3.165 and employer, email address, day time
Chief Data Officer, Bureau of Consumer the availability of space, the meeting
Financial Protection.
phone number. This information will
scheduled for September 24, 2015 from assist the Commission in contacting
[FR Doc. 2015–23068 Filed 9–11–15; 8:45 am] 3 p.m. to 5 p.m. at the Red Lion Hotel individuals should it decide to do so at
BILLING CODE 4810–AM–P Conference Room is open to the public. a later date. If applicable, include
Seating is limited and pre-registration is written comments and a request to
strongly encouraged. Media speak during the oral comment session.
DEPARTMENT OF DEFENSE representatives are also encouraged to (Oral comment requests must be
register. Members of the media must accompanied by a summary of your
Office of the Secretary comply with the rules of photography presentation.) Registrations and written
National Commission on the Future of and video filming published by the Red comments should be typed.
the Army; Notice of Federal Advisory Lion Hotel. The closest public parking
facility is located on the property. Additional Information
Committee Meeting
Visitors should keep their belongings The DoD sponsor for the Commission
AGENCY: Deputy Chief Management with them at all times. is the Deputy Chief Management
Officer, Department of Defense (DoD). Written Comments: Pursuant to Officer. The Commission is tasked to
ACTION: Notice of Federal advisory section 10(a)(3) of the FACA and 41 CFR submit a report, containing a
committee meeting. 102–3.105(j) and 102–3.140, the public comprehensive study and
or interested organizations may submit recommendations, by February 1, 2016
SUMMARY: The DoD is publishing this written comments to the Commission in to the President of the United States and
notice to announce an open meeting of response to the stated agenda of the the Congressional defense committees.
the National Commission on the Future
tkelley on DSK3SPTVN1PROD with NOTICES
open and/or closed meeting or the The report will contain a detailed
of the Army (‘‘the Commission’’). Commission’s mission. The Designated statement of the findings and
DATES: Date of the open meeting: Federal Officer (DFO) will review all conclusions of the Commission, together
Thursday, September 24, 2015, from 3 submitted written statements. Written with its recommendations for such
p.m. to 5 p.m. comments should be submitted to Mr. legislation and administrative actions it
ADDRESSES: Address of open meeting, Donald Tison, DFO, via facsimile or may consider appropriate in light of the
September 24, 2015: Red Lion Hotel electronic mail, the preferred modes of results of the study. The comprehensive
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Document Created: 2018-02-26 10:14:56
Document Modified: 2018-02-26 10:14:56
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comment. | |
| Dates | Written comments are encouraged and must be received on or before November 13, 2015 to be assured of consideration. | |
| Contact | Documentation prepared in support of this information collection request is available at www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: [email protected] Please do not submit comments to this mailbox. | |
| FR Citation | 80 FR 55100 |
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