81_FR_3132 81 FR 3120 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

81 FR 3120 - Agency Information Collection Activities: Submission for OMB Review; Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 12 (January 20, 2016)

Page Range3120-3120
FR Document2016-01006

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau) is proposing to extend a collection currently approved by the Office of Management and Budget (OMB) titled ``Home Mortgage Disclosure Act (Regulation C) 12 CFR 1003.''

Federal Register, Volume 81 Issue 12 (Wednesday, January 20, 2016)
[Federal Register Volume 81, Number 12 (Wednesday, January 20, 2016)]
[Notices]
[Page 3120]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-01006]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No: CFPB-2016-0002]


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY:  Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY:  In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau) is proposing to 
extend a collection currently approved by the Office of Management and 
Budget (OMB) titled ``Home Mortgage Disclosure Act (Regulation C) 12 
CFR 1003.''

DATES:  Written comments are encouraged and must be received on or 
before February 19, 2016 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.
     OMB: Office of Management and Budget, New Executive Office 
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806. 
Mailed or faxed comments to OMB should be to the attention of the OMB 
Desk Officer for the Bureau of Consumer Financial Protection.
    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.reginfo.gov 
(this link active on the day following publication of this notice). 
Select ``Information Collection Review,'' under ``Currently under 
review'', use the dropdown menu ``Select Agency'' and select ``Consumer 
Financial Protection Bureau'' (recent submissions to OMB will be at the 
top of the list). The same documentation is also available at http://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 email box.

SUPPLEMENTARY INFORMATION:
    Title of Collection: Home Mortgage Disclosure Act (Regulation C) 12 
CFR 1003.
    OMB Control Number: 3170-0008.
    Type of Review: Extension with change of a currently approved 
collection.
    Affected Public: For-profit businesses.
    Estimated Number of Respondents: 145.
    Estimated Total Annual Burden Hours: 690,000.
    Abstract: The Home Mortgage Disclosure Act (HMDA) requires certain 
depository institutions and for-profit nondepository institutions to 
collect, report, and disclose data about originations and purchases of 
mortgage loans, as well as mortgage loan applications that do not 
result in originations (for example, applications that are denied or 
withdrawn). The Bureau's Regulation C, 12 CFR part 1003, implements 
HMDA. The purpose of the information collection is: (i) To help 
determine whether financial institutions are serving the housing needs 
of their communities; (ii) to assist public officials in distributing 
public-sector investment so as to attract private investment to areas 
where it is needed; and (iii) to assist in identifying possible 
discriminatory lending patterns and enforcing antidiscrimination 
statutes. The information collection will also assist the CFPB's 
examiners, and examiners of other federal supervisory agencies, in 
determining that the financial institutions they supervise comply with 
applicable provisions of HMDA.
    In accordance with 5 CFR 1320.11(f) and 1320.11(h), this 
information collection request (ICR) is being submitted to OMB in 
association with the final rule for Regulation C (RIN 3170-AA10), 80 FR 
66127 published October 28, 2015. Further, since the information 
collection requirements as contained in current Regulation C are 
currently scheduled to expire on January 31, 2016, and the information 
collection requirements as contained in the final rule for Regulation C 
will generally not become effective until January 1, 2018, this ICR is 
also contemporaneously being submitted to OMB under 5 CFR 1320.12, 
Clearance of collections of information in current rules. The Bureau is 
requesting OMB to extend for an additional three years its approval of 
the information collection requirements as contained in current 
Regulation C.
    Request For Comments: The Bureau issued a 60-day Federal Register 
notice on November 10, 2015, (80 FR 69646). Comments were solicited and 
continue to be 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 Bureau'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: January 13, 2016.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2016-01006 Filed 1-19-16; 8:45 am]
 BILLING CODE 4810-AM-P



                                              3120                       Federal Register / Vol. 81, No. 12 / Wednesday, January 20, 2016 / Notices

                                              Establishing the IATTC or the AIDCP;                       Please note that comments submitted                 agencies, in determining that the
                                              and                                                     after the comment period will not be                   financial institutions they supervise
                                                (5) A written statement from the                      accepted. In general, all comments                     comply with applicable provisions of
                                              applicant or nominee of intent to                       received will become public records,                   HMDA.
                                              participate actively and in good faith in               including any personal information                        In accordance with 5 CFR 1320.11(f)
                                              the meetings and activities of either the               provided. Sensitive personal
                                                                                                                                                             and 1320.11(h), this information
                                              General Advisory Committee or the                       information, such as account numbers
                                                                                                                                                             collection request (ICR) is being
                                              Scientific Advisory Subcommittee/                       or social security numbers, should not
                                              National Scientific Advisory Committee,                 be included.                                           submitted to OMB in association with
                                              or both.                                                                                                       the final rule for Regulation C (RIN
                                                                                                      FOR FURTHER INFORMATION CONTACT:
                                                Applicants or nominees who                                                                                   3170–AA10), 80 FR 66127 published
                                                                                                      Documentation prepared in support of
                                              submitted material in response to the                                                                          October 28, 2015. Further, since the
                                                                                                      this information collection request is
                                              Federal Register Notice published by                                                                           information collection requirements as
                                                                                                      available at www.reginfo.gov (this link
                                              the Department of State on March 25,                    active on the day following publication                contained in current Regulation C are
                                              2013 (78 FR 17993), or prior, should                    of this notice). Select ‘‘Information                  currently scheduled to expire on
                                              resubmit their applications pursuant to                 Collection Review,’’ under ‘‘Currently                 January 31, 2016, and the information
                                              this notice.                                            under review’’, use the dropdown menu                  collection requirements as contained in
                                                 Authority: 16 U.S.C. 951 et seq.                     ‘‘Select Agency’’ and select ‘‘Consumer                the final rule for Regulation C will
                                                                                                      Financial Protection Bureau’’ (recent                  generally not become effective until
                                                Dated: January 13, 2016.                                                                                     January 1, 2018, this ICR is also
                                                                                                      submissions to OMB will be at the top
                                              Emily H. Menashes,                                                                                             contemporaneously being submitted to
                                                                                                      of the list). The same documentation is
                                              Acting Director, Office of Sustainable                  also available at http://                              OMB under 5 CFR 1320.12, Clearance of
                                              Fisheries, National Marine Fisheries Service.
                                                                                                      www.regulations.gov. Requests for                      collections of information in current
                                              [FR Doc. 2016–00906 Filed 1–19–16; 8:45 am]
                                                                                                      additional information should be                       rules. The Bureau is requesting OMB to
                                              BILLING CODE 3510–22–P                                  directed to the Consumer Financial                     extend for an additional three years its
                                                                                                      Protection Bureau, (Attention: PRA                     approval of the information collection
                                                                                                      Office), 1700 G Street NW., Washington,                requirements as contained in current
                                              BUREAU OF CONSUMER FINANCIAL                            DC 20552, (202) 435-9575, or email:                    Regulation C.
                                              PROTECTION                                              PRA@cfpb.gov. Please do not submit
                                                                                                                                                                Request For Comments: The Bureau
                                              [Docket No: CFPB–2016–0002]                             comments to this email box.
                                                                                                                                                             issued a 60-day Federal Register notice
                                                                                                      SUPPLEMENTARY INFORMATION:
                                                                                                                                                             on November 10, 2015, (80 FR 69646).
                                              Agency Information Collection                              Title of Collection: Home Mortgage                  Comments were solicited and continue
                                              Activities: Submission for OMB                          Disclosure Act (Regulation C) 12 CFR
                                                                                                                                                             to be invited on: (a) Whether the
                                              Review; Comment Request                                 1003.
                                                                                                                                                             collection of information is necessary
                                                                                                         OMB Control Number: 3170–0008.
                                              AGENCY:  Bureau of Consumer Financial                      Type of Review: Extension with                      for the proper performance of the
                                              Protection.                                             change of a currently approved                         functions of the Bureau, including
                                              ACTION: Notice and request for comment.                 collection.                                            whether the information will have
                                                                                                         Affected Public: For-profit businesses.             practical utility; (b) The accuracy of the
                                              SUMMARY:   In accordance with the                          Estimated Number of Respondents:                    Bureau’s estimate of the burden of the
                                              Paperwork Reduction Act of 1995                         145.                                                   collection of information, including the
                                              (PRA), the Consumer Financial                              Estimated Total Annual Burden                       validity of the methods and the
                                              Protection Bureau (Bureau) is proposing                 Hours: 690,000.                                        assumptions used; (c) Ways to enhance
                                              to extend a collection currently                           Abstract: The Home Mortgage                         the quality, utility, and clarity of the
                                              approved by the Office of Management                    Disclosure Act (HMDA) requires certain                 information to be collected; and (d)
                                              and Budget (OMB) titled ‘‘Home                          depository institutions and for-profit                 Ways to minimize the burden of the
                                              Mortgage Disclosure Act (Regulation C)                  nondepository institutions to collect,                 collection of information on
                                              12 CFR 1003.’’                                          report, and disclose data about                        respondents, including through the use
                                              DATES: Written comments are                             originations and purchases of mortgage                 of automated collection techniques or
                                              encouraged and must be received on or                   loans, as well as mortgage loan                        other forms of information technology.
                                              before February 19, 2016 to be assured                  applications that do not result in                     Comments submitted in response to this
                                              of consideration.                                       originations (for example, applications                notice will be summarized and/or
                                              ADDRESSES: You may submit comments,                     that are denied or withdrawn). The                     included in the request for OMB
                                              identified by the title of the information              Bureau’s Regulation C, 12 CFR part                     approval. All comments will become a
                                              collection, OMB Control Number (see                     1003, implements HMDA. The purpose                     matter of public record.
                                              below), and docket number (see above),                  of the information collection is: (i) To
                                              by any of the following methods:                        help determine whether financial                         Dated: January 13, 2016.
                                                • Electronic: http://                                 institutions are serving the housing                   Darrin A. King,
                                              www.regulations.gov. Follow the                         needs of their communities; (ii) to assist             Paperwork Reduction Act Officer, Bureau of
                                              instructions for submitting comments.                   public officials in distributing public-               Consumer Financial Protection.
                                                • OMB: Office of Management and                       sector investment so as to attract private             [FR Doc. 2016–01006 Filed 1–19–16; 8:45 am]
tkelley on DSK4VPTVN1PROD with NOTICES




                                              Budget, New Executive Office Building,                  investment to areas where it is needed;                BILLING CODE 4810–AM–P
                                              Room 10235, Washington, DC 20503 or                     and (iii) to assist in identifying possible
                                              fax to (202) 395–5806. Mailed or faxed                  discriminatory lending patterns and
                                              comments to OMB should be to the                        enforcing antidiscrimination statutes.
                                              attention of the OMB Desk Officer for                   The information collection will also
                                              the Bureau of Consumer Financial                        assist the CFPB’s examiners, and
                                              Protection.                                             examiners of other federal supervisory


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Document Created: 2016-01-19 23:43:42
Document Modified: 2016-01-19 23:43:42
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comment.
DatesWritten comments are encouraged and must be received on or before February 19, 2016 to be assured of consideration.
ContactDocumentation prepared in support of this information collection request is available at www.reginfo.gov (this link active on the day following publication of this notice). Select ``Information Collection Review,'' under ``Currently under review'', use the dropdown menu ``Select Agency'' and select ``Consumer Financial Protection Bureau'' (recent submissions to OMB will be at the top of the list). The same documentation is also available at http:// 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 email box.
FR Citation81 FR 3120 

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