81_FR_67119 81 FR 66930 - Status of New Uniform Residential Loan Application and Collection of Expanded Home Mortgage Disclosure Act Information About Ethnicity and Race in 2017

81 FR 66930 - Status of New Uniform Residential Loan Application and Collection of Expanded Home Mortgage Disclosure Act Information About Ethnicity and Race in 2017

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 189 (September 29, 2016)

Page Range66930-66949
FR Document2016-23555

The Bureau of Consumer Financial Protection (Bureau) is publishing a notice pursuant to the Equal Credit Opportunity Act concerning the new Uniform Residential Loan Application and the collection of expanded Home Mortgage Disclosure Act information about ethnicity and race in 2017.

Federal Register, Volume 81 Issue 189 (Thursday, September 29, 2016)
[Federal Register Volume 81, Number 189 (Thursday, September 29, 2016)]
[Notices]
[Pages 66930-66949]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23555]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Status of New Uniform Residential Loan Application and Collection 
of Expanded Home Mortgage Disclosure Act Information About Ethnicity 
and Race in 2017

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Bureau Official Approval.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau) is 
publishing a notice pursuant to the Equal Credit Opportunity Act 
concerning the new Uniform Residential Loan Application and the 
collection of expanded Home Mortgage Disclosure Act information about 
ethnicity and race in 2017.

DATES: This official approval is issued September 23, 2016. Entities 
may rely on part III of this Bureau official approval beginning January 
1, 2017.

FOR FURTHER INFORMATION CONTACT: James Wylie, Counsel, Office of 
Regulations, Consumer Financial Protection Bureau, 1700 G Street NW., 
Washington, DC 20552, at 202-435-7700.

SUPPLEMENTARY INFORMATION:

I. Background

    The Bureau of Consumer Financial Protection (Bureau) administers 
the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691, et seq. and 
its implementing regulation, Regulation B, 12 CFR part 1002. Section 
706(e) of ECOA, as amended, provides that no provision of ECOA imposing 
liability shall apply to any act done or omitted in good faith in 
conformity with any official rule, regulation, or interpretation 
thereof by the Bureau or in conformity with any interpretation or 
approval by an official or employee of the Bureau duly authorized by 
the Bureau to issue such an interpretation or approval. This notice 
(Bureau official approval) constitutes such an interpretation or 
approval, and therefore section 706(e) protects a creditor from civil 
liability under ECOA for any act done or omitted in good faith in 
conformity with this notice.

II. New Uniform Residential Loan Application Status Under Regulation B

    The Federal Home Loan Mortgage Corporation and the Federal National 
Mortgage Association (collectively, the Enterprises), under the 
conservatorship of the Federal Housing Finance Agency (FHFA), issued a 
revised and redesigned Uniform Residential Loan Application on August 
23, 2016, included as an attachment to this notice (2016 URLA).\1\ This 
issuance was part of the effort of these entities to update the Uniform 
Loan Application Dataset (ULAD) in conjunction with the 2016 URLA. 
Bureau staff has reviewed the 2016 URLA in accordance with the request 
by FHFA and the Enterprises for a Bureau official approval of the 2016 
URLA under ECOA and Regulation B.
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    \1\ See 2016 URLA--Borrower Information, 2016 URLA--Additional 
Borrower, 2016 URLA--Unmarried Addendum, 2016 URLA--Lender Loan 
Information, 2016 URLA--Continuation Sheet, and 2016 URLA 
Demographic Information Addendum included as attachments in part V 
of this notice.
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A. Background

    A version of the URLA dated January 2004 is included in appendix B 
to Regulation B as a model form. Appendix B provides that the use of 
model forms included in appendix B is optional under Regulation B but 
that, if a creditor uses an appropriate appendix B model form, or 
modifies a form in accordance with instructions provided in appendix B, 
that creditor shall be deemed to be acting in compliance with Sec.  
1002.5(b) through (d). Regulation B comment appendix B-1 provides that 
a previous version of the URLA, dated October 1992, may be used by 
creditors without violating Regulation B.
    This Bureau official approval is being issued separately from, and 
without amending, the official interpretations to Regulation B 
contained in Supplement I to Regulation B. The Bureau will consider 
whether to address the treatment of outdated versions of the URLA in 
appendix B and Supplement I to Regulation B at a later date.

B. Bureau Official Approval

    Regulation B Sec.  1002.5(b) provides rules concerning requests for 
information about race, color, religion, national origin, or sex. 
Section 1002.5(c) provides rules concerning requests for information 
about a spouse or former spouse. Section 1002.5(d) provides rules 
concerning requests for information regarding marital status; income 
from alimony, child support, or separate maintenance; and childbearing 
or childrearing. Bureau staff has determined that the relevant language 
in the 2016 URLA is in compliance with these regulatory provisions. A 
creditor's use of the 2016 URLA is not required under Regulation B. 
However, a creditor that uses the 2016 URLA without any modification 
that would violate Sec.  1002.5(b) through (d) would act in compliance 
with Sec.  1002.5(b) through (d). The issuance of this Bureau official 
approval has been duly authorized by the Director of the Bureau and 
provides the protection afforded under section 706(e) of ECOA.

III. Collection of Expanded Home Mortgage Disclosure Act Information 
About Ethnicity and Race in 2017

    This part of this Bureau official approval addresses collection of 
information concerning the ethnicity and race of applicants in 
conformity with Regulation B from January 1, 2017, through December 31, 
2017.

A. Background

    With some exceptions, Regulation B Sec.  1002.5(b) generally 
prohibits a creditor from inquiring about the race, color, religion, 
national origin, or sex of an applicant or any other person in 
connection with a credit transaction. Regulation B Sec.  1002.5(a)(2) 
provides an exception to that prohibition for information, including 
information about ethnicity and race, for monitoring purposes that 
creditors are required to request for certain dwelling-secured loans 
under Sec.  1002.13, and for information required by a regulation, 
order, or agreement issued by or entered into with a court or an 
enforcement

[[Page 66931]]

agency to monitor or enforce compliance with ECOA, Regulation B, or 
other Federal or State statutes or regulations, including Regulation 
C.\2\ Under Regulation C Sec.  1003.4(a)(10), lenders covered by 
Regulation C are required to collect, record, and report certain 
information, including information regarding ethnicity and race, that 
would be otherwise prohibited.
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    \2\ Regulation B comment 5(a)(2)-2 explains that Regulation C 
generally requires creditors covered by HMDA to collect and report 
information about the race, ethnicity, and sex of applicants for 
home-improvement loans and home purchase loans, including some types 
of loans not covered by Sec.  1002.13.
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    Regulation C, as amended by the final rule published in the Federal 
Register at 80 FR 66127 on October 28, 2015 (2015 HMDA final rule), 
will require financial institutions to permit applicants to self-
identify using disaggregated ethnic and racial categories beginning 
January 1, 2018.\3\ However, before that date, such inquiries will not 
be required by Regulation C or allowed under Regulation B Sec.  
1002.5(a)(2), and therefore creditors would be prohibited by Regulation 
B Sec.  1002.5(b) from requesting applicants to self-identify using the 
disaggregated ethnic and racial categories.
---------------------------------------------------------------------------

    \3\ 80 FR 66314, amendments to appendix B to Regulation C 
effective January 1, 2018.
---------------------------------------------------------------------------

    The Bureau believes there will likely be significant benefits to 
permitting creditors to request, before January 1, 2018, that 
applicants self-identify using the disaggregated ethnic and racial 
categories under amended Regulation C, using the processes and 
instructions provided in amended appendix B to Regulation C. The Bureau 
believes such authorization may provide creditors time to begin to 
implement the regulatory changes and improve their compliance processes 
before the new requirement becomes effective, and therefore mandatory, 
on January 1, 2018. Allowing for this increased implementation period 
will reduce compliance burden and further the purposes of HMDA and 
Regulation C. Some creditors may be ready to permit applicants to self-
identify using disaggregated ethnic and racial categories before 
January 1, 2018, but could not fully transition to new forms and 
processes because of the prohibition in Regulation B Sec.  1002.5(b). 
It may help industry adoption of those standards to allow creditors to 
permit applicants to self-identify using disaggregated ethnic and 
racial categories before January 1, 2018. Moreover, permitting 
applicants to self-identify using the disaggregated ethnic and racial 
categories as instructed in appendix B to Regulation C, as amended by 
the 2015 HMDA final rule, before the effective date of that rule is 
consistent with the purposes of ECOA and Regulation B and does not pose 
a risk of harm to consumers. As the Bureau explained in the 2015 HMDA 
final rule, the Bureau believes that, among other things, 
disaggregation will encourage self-reporting by applicants by offering, 
as the Census does, categories that promote self-identification.\4\
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    \4\ HMDA Final Rule, 80 FR at 66190.
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B. Bureau Official Approval

    At any time from January 1, 2017, through December 31, 2017, a 
creditor may, at its option, permit applicants to self-identify using 
disaggregated ethnic and racial categories as instructed in appendix B 
to Regulation C, as amended by the 2015 HMDA final rule. During this 
period, a creditor adopting the practice of permitting applicants to 
self-identify using disaggregated ethnic and racial categories as 
instructed in appendix B to Regulation C, as amended by the 2015 HMDA 
final rule, shall not be deemed to violate Regulation B Sec.  
1002.5(b). During this period, a creditor adopting the practice of 
permitting applicants to self-identify using disaggregated ethnic and 
racial categories as instructed in appendix B to Regulation C, as 
amended by the 2015 HMDA final rule, shall also be deemed to be in 
compliance with Regulation B Sec.  1002.13(a)(i) even though applicants 
are asked to self-identify using categories other than those explicitly 
provided in that section. The issuance of this Bureau official approval 
has been duly authorized by the Director of the Bureau and provides the 
protection afforded under section 706(e) of ECOA.

C. Instructions for Submitting Data Collected Under This Approval

    For purposes of submitting HMDA data for applications received from 
January 1, 2017, through December 31, 2017, and on which final action 
is taken during the 2017 calendar year, a financial institution shall 
submit the information concerning ethnicity and race pursuant to Sec.  
1003.4(a)(10), using only aggregate categories and the codes provided 
in the filing instructions guide for HMDA data collected in 2017, even 
if the financial institution has permitted applicants to self-identify 
using disaggregated categories pursuant to this Bureau official 
approval.\5\ For such applications, if an applicant selects multiple 
disaggregated ethnicity or race categories that correspond to a single 
aggregate ethnicity or race category, the financial institution shall 
submit the applicable code for that aggregate ethnicity or race 
category. If an applicant selects multiple disaggregated race 
categories that correspond to multiple aggregate race categories, the 
financial institution shall submit the applicable code for each of 
those aggregate race categories. If an applicant selects an ``other'' 
race or ethnicity category, with or without providing a written 
response, the financial institution shall submit the applicable code 
for that aggregate race or ethnicity category. If an applicant selects 
multiple aggregate ethnicity categories by either selecting both 
Hispanic or Latino and Not Hispanic or Latino or selecting Not Hispanic 
or Latino and selecting the ``other'' ethnicity category, with or 
without providing a written response, the financial institution may 
submit either the applicable code for Hispanic or Latino or the 
applicable code for Not Hispanic or Latino.
---------------------------------------------------------------------------

    \5\ See 2017 File Specifications in filing instructions guide 
for HMDA data collected in 2017, available at: http://www.consumerfinance.gov/data-research/hmda/static/for-filers/2017/2017-HMDA-FIG.pdf.
---------------------------------------------------------------------------

    For purposes of submitting HMDA data for applications received on 
or after January 1, 2017, and before January 1, 2018, and on which 
final action is taken on or after January 1, 2018, the financial 
institution, at its option, may submit the information concerning 
ethnicity and race under Sec.  1003.4(a)(10)(i) using disaggregated 
categories if the applicant provided such information instead of using 
the transition rule in Regulation C comment 4(a)(10)(i)-2 as adopted by 
the 2015 HMDA final rule, or it may submit the information in 
accordance with that transition rule.

IV. Regulatory Requirements

    This Bureau official approval is an approval or interpretation 
exempt from notice and comment rulemaking requirements under the 
Administrative Procedure Act. See 5 U.S.C. 551, 553(b). Because no 
notice of proposed rulemaking is required, the Regulatory Flexibility 
Act does not require an initial or final regulatory flexibility 
analysis. 5 U.S.C. 603(a), 604(a). The Bureau has determined that this 
notice does not impose any new or revise any existing recordkeeping, 
reporting, or disclosure requirements on covered entities or members of 
the public that would be collections of information requiring OMB 
approval under the Paperwork Reduction Act, 44 U.S.C. 3501, et seq. The 
existing information collections required by the Equal Credit 
Opportunity Act (ECOA) and Regulation B have been approved by the 
Office Of Management and Budget under OMB

[[Page 66932]]

Control #3170-0013, and the information collections for the Home 
Mortgage Disclosure Act (HMDA) and Regulation C are approved under OMB 
Control #3170-0008. The Bureau's approval of the revised Uniform 
Residential Loan Application (2016 URLA) does not add or alter any 
information collections approved under either rule.

V. 2016 Uniform Residential Loan Application

BILLING CODE 4810-AM-P

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[[Page 66949]]


    Dated: September 23, 2016.
David Silberman,
Associate Director, Division of Research, Markets, and Regulations, 
Bureau of Consumer Financial Protection.
[FR Doc. 2016-23555 Filed 9-28-16; 8:45 am]
 BILLING CODE 4810-AM-C



                                                  66930                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices

                                                     1. The Review Panel participants will                Washington, DC 20552, at 202–435–                     appendix B–1 provides that a previous
                                                  review the stock assessment reports to                  7700.                                                 version of the URLA, dated October
                                                  determine if they are scientifically                    SUPPLEMENTARY INFORMATION:                            1992, may be used by creditors without
                                                  sound.                                                                                                        violating Regulation B.
                                                     Although non-emergency issues not                    I. Background                                            This Bureau official approval is being
                                                  contained in this agenda may come                          The Bureau of Consumer Financial                   issued separately from, and without
                                                  before this group for discussion, those                 Protection (Bureau) administers the                   amending, the official interpretations to
                                                  issues may not be the subject of formal                 Equal Credit Opportunity Act (ECOA),                  Regulation B contained in Supplement
                                                  action during this meeting. Action will                 15 U.S.C. 1691, et seq. and its                       I to Regulation B. The Bureau will
                                                  be restricted to those issues specifically              implementing regulation, Regulation B,                consider whether to address the
                                                  identified in this notice and any issues                12 CFR part 1002. Section 706(e) of                   treatment of outdated versions of the
                                                  arising after publication of this notice                ECOA, as amended, provides that no                    URLA in appendix B and Supplement I
                                                  that require emergency action under                     provision of ECOA imposing liability                  to Regulation B at a later date.
                                                  section 305(c) of the Magnuson-Stevens                  shall apply to any act done or omitted                B. Bureau Official Approval
                                                  Fishery Conservation and Management                     in good faith in conformity with any
                                                  Act, provided the public has been                       official rule, regulation, or interpretation             Regulation B § 1002.5(b) provides
                                                  notified of the intent to take final action             thereof by the Bureau or in conformity                rules concerning requests for
                                                  to address the emergency.                               with any interpretation or approval by                information about race, color, religion,
                                                                                                          an official or employee of the Bureau                 national origin, or sex. Section 1002.5(c)
                                                  Special Accommodations                                                                                        provides rules concerning requests for
                                                                                                          duly authorized by the Bureau to issue
                                                    These meetings are physically                         such an interpretation or approval. This              information about a spouse or former
                                                  accessible to people with disabilities.                 notice (Bureau official approval)                     spouse. Section 1002.5(d) provides rules
                                                  Requests for auxiliary aids should be                   constitutes such an interpretation or                 concerning requests for information
                                                  directed to the SAFMC office (see                       approval, and therefore section 706(e)                regarding marital status; income from
                                                  ADDRESSES) at least 5 business days                     protects a creditor from civil liability              alimony, child support, or separate
                                                  prior to the meeting.                                   under ECOA for any act done or omitted                maintenance; and childbearing or
                                                                                                          in good faith in conformity with this                 childrearing. Bureau staff has
                                                    Note: The times and sequence specified in
                                                                                                          notice.                                               determined that the relevant language in
                                                  this agenda are subject to change.
                                                                                                                                                                the 2016 URLA is in compliance with
                                                     Authority: 16 U.S.C. 1801 et seq.
                                                                                                          II. New Uniform Residential Loan                      these regulatory provisions. A creditor’s
                                                                                                          Application Status Under Regulation B                 use of the 2016 URLA is not required
                                                    Dated: September 26, 2016.
                                                                                                             The Federal Home Loan Mortgage                     under Regulation B. However, a creditor
                                                  Tracey L. Thompson,
                                                                                                          Corporation and the Federal National                  that uses the 2016 URLA without any
                                                  Acting Director, Office of Sustainable                  Mortgage Association (collectively, the               modification that would violate
                                                  Fisheries, National Marine Fisheries Service.
                                                                                                          Enterprises), under the conservatorship               § 1002.5(b) through (d) would act in
                                                  [FR Doc. 2016–23520 Filed 9–28–16; 8:45 am]                                                                   compliance with § 1002.5(b) through
                                                                                                          of the Federal Housing Finance Agency
                                                  BILLING CODE 3510–22–P                                  (FHFA), issued a revised and redesigned               (d). The issuance of this Bureau official
                                                                                                          Uniform Residential Loan Application                  approval has been duly authorized by
                                                                                                          on August 23, 2016, included as an                    the Director of the Bureau and provides
                                                  BUREAU OF CONSUMER FINANCIAL                            attachment to this notice (2016 URLA).1               the protection afforded under section
                                                  PROTECTION                                              This issuance was part of the effort of               706(e) of ECOA.
                                                                                                          these entities to update the Uniform
                                                  Status of New Uniform Residential                                                                             III. Collection of Expanded Home
                                                                                                          Loan Application Dataset (ULAD) in
                                                  Loan Application and Collection of                                                                            Mortgage Disclosure Act Information
                                                                                                          conjunction with the 2016 URLA.
                                                  Expanded Home Mortgage Disclosure                                                                             About Ethnicity and Race in 2017
                                                                                                          Bureau staff has reviewed the 2016
                                                  Act Information About Ethnicity and                     URLA in accordance with the request by                   This part of this Bureau official
                                                  Race in 2017                                            FHFA and the Enterprises for a Bureau                 approval addresses collection of
                                                                                                          official approval of the 2016 URLA                    information concerning the ethnicity
                                                  AGENCY:  Bureau of Consumer Financial
                                                                                                          under ECOA and Regulation B.                          and race of applicants in conformity
                                                  Protection.
                                                                                                                                                                with Regulation B from January 1, 2017,
                                                  ACTION: Bureau Official Approval.                       A. Background                                         through December 31, 2017.
                                                                                                            A version of the URLA dated January
                                                  SUMMARY:    The Bureau of Consumer                                                                            A. Background
                                                                                                          2004 is included in appendix B to
                                                  Financial Protection (Bureau) is                                                                                 With some exceptions, Regulation B
                                                                                                          Regulation B as a model form. Appendix
                                                  publishing a notice pursuant to the                                                                           § 1002.5(b) generally prohibits a creditor
                                                                                                          B provides that the use of model forms
                                                  Equal Credit Opportunity Act                                                                                  from inquiring about the race, color,
                                                                                                          included in appendix B is optional
                                                  concerning the new Uniform Residential                                                                        religion, national origin, or sex of an
                                                                                                          under Regulation B but that, if a creditor
                                                  Loan Application and the collection of                                                                        applicant or any other person in
                                                                                                          uses an appropriate appendix B model
                                                  expanded Home Mortgage Disclosure                                                                             connection with a credit transaction.
                                                                                                          form, or modifies a form in accordance
                                                  Act information about ethnicity and                                                                           Regulation B § 1002.5(a)(2) provides an
                                                                                                          with instructions provided in appendix
                                                  race in 2017.                                                                                                 exception to that prohibition for
                                                                                                          B, that creditor shall be deemed to be
                                                  DATES: This official approval is issued                 acting in compliance with § 1002.5(b)                 information, including information
mstockstill on DSK3G9T082PROD with NOTICES




                                                  September 23, 2016. Entities may rely                   through (d). Regulation B comment                     about ethnicity and race, for monitoring
                                                  on part III of this Bureau official                                                                           purposes that creditors are required to
                                                  approval beginning January 1, 2017.                       1 See 2016 URLA—Borrower Information, 2016          request for certain dwelling-secured
                                                  FOR FURTHER INFORMATION CONTACT:                        URLA—Additional Borrower, 2016 URLA—                  loans under § 1002.13, and for
                                                                                                          Unmarried Addendum, 2016 URLA—Lender Loan
                                                  James Wylie, Counsel, Office of                         Information, 2016 URLA—Continuation Sheet, and
                                                                                                                                                                information required by a regulation,
                                                  Regulations, Consumer Financial                         2016 URLA Demographic Information Addendum            order, or agreement issued by or entered
                                                  Protection Bureau, 1700 G Street NW.,                   included as attachments in part V of this notice.     into with a court or an enforcement


                                             VerDate Sep<11>2014   18:51 Sep 28, 2016   Jkt 238001   PO 00000   Frm 00012   Fmt 4703   Sfmt 4703   E:\FR\FM\29SEN1.SGM   29SEN1


                                                                           Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                           66931

                                                  agency to monitor or enforce                            instructed in appendix B to Regulation                applications, if an applicant selects
                                                  compliance with ECOA, Regulation B,                     C, as amended by the 2015 HMDA final                  multiple disaggregated ethnicity or race
                                                  or other Federal or State statutes or                   rule, before the effective date of that rule          categories that correspond to a single
                                                  regulations, including Regulation C.2                   is consistent with the purposes of ECOA               aggregate ethnicity or race category, the
                                                  Under Regulation C § 1003.4(a)(10),                     and Regulation B and does not pose a                  financial institution shall submit the
                                                  lenders covered by Regulation C are                     risk of harm to consumers. As the                     applicable code for that aggregate
                                                  required to collect, record, and report                 Bureau explained in the 2015 HMDA                     ethnicity or race category. If an
                                                  certain information, including                          final rule, the Bureau believes that,                 applicant selects multiple disaggregated
                                                  information regarding ethnicity and                     among other things, disaggregation will               race categories that correspond to
                                                  race, that would be otherwise                           encourage self-reporting by applicants                multiple aggregate race categories, the
                                                  prohibited.                                             by offering, as the Census does,                      financial institution shall submit the
                                                     Regulation C, as amended by the final                categories that promote self-                         applicable code for each of those
                                                  rule published in the Federal Register at               identification.4                                      aggregate race categories. If an applicant
                                                  80 FR 66127 on October 28, 2015 (2015                                                                         selects an ‘‘other’’ race or ethnicity
                                                                                                          B. Bureau Official Approval
                                                  HMDA final rule), will require financial                                                                      category, with or without providing a
                                                  institutions to permit applicants to self-                 At any time from January 1, 2017,                  written response, the financial
                                                  identify using disaggregated ethnic and                 through December 31, 2017, a creditor                 institution shall submit the applicable
                                                  racial categories beginning January 1,                  may, at its option, permit applicants to              code for that aggregate race or ethnicity
                                                  2018.3 However, before that date, such                  self-identify using disaggregated ethnic              category. If an applicant selects multiple
                                                  inquiries will not be required by                       and racial categories as instructed in                aggregate ethnicity categories by either
                                                  Regulation C or allowed under                           appendix B to Regulation C, as amended                selecting both Hispanic or Latino and
                                                  Regulation B § 1002.5(a)(2), and                        by the 2015 HMDA final rule. During                   Not Hispanic or Latino or selecting Not
                                                  therefore creditors would be prohibited                 this period, a creditor adopting the                  Hispanic or Latino and selecting the
                                                  by Regulation B § 1002.5(b) from                        practice of permitting applicants to self-            ‘‘other’’ ethnicity category, with or
                                                  requesting applicants to self-identify                  identify using disaggregated ethnic and               without providing a written response,
                                                  using the disaggregated ethnic and                      racial categories as instructed in                    the financial institution may submit
                                                  racial categories.                                      appendix B to Regulation C, as amended                either the applicable code for Hispanic
                                                     The Bureau believes there will likely                by the 2015 HMDA final rule, shall not                or Latino or the applicable code for Not
                                                  be significant benefits to permitting                   be deemed to violate Regulation B                     Hispanic or Latino.
                                                  creditors to request, before January 1,                 § 1002.5(b). During this period, a                       For purposes of submitting HMDA
                                                  2018, that applicants self-identify using               creditor adopting the practice of                     data for applications received on or after
                                                  the disaggregated ethnic and racial                     permitting applicants to self-identify                January 1, 2017, and before January 1,
                                                  categories under amended Regulation C,                  using disaggregated ethnic and racial                 2018, and on which final action is taken
                                                  using the processes and instructions                    categories as instructed in appendix B to             on or after January 1, 2018, the financial
                                                  provided in amended appendix B to                       Regulation C, as amended by the 2015                  institution, at its option, may submit the
                                                  Regulation C. The Bureau believes such                  HMDA final rule, shall also be deemed                 information concerning ethnicity and
                                                  authorization may provide creditors                     to be in compliance with Regulation B                 race under § 1003.4(a)(10)(i) using
                                                  time to begin to implement the                          § 1002.13(a)(i) even though applicants                disaggregated categories if the applicant
                                                  regulatory changes and improve their                    are asked to self-identify using                      provided such information instead of
                                                  compliance processes before the new                     categories other than those explicitly                using the transition rule in Regulation C
                                                  requirement becomes effective, and                      provided in that section. The issuance                comment 4(a)(10)(i)–2 as adopted by the
                                                  therefore mandatory, on January 1,                      of this Bureau official approval has been             2015 HMDA final rule, or it may submit
                                                  2018. Allowing for this increased                       duly authorized by the Director of the                the information in accordance with that
                                                  implementation period will reduce                       Bureau and provides the protection                    transition rule.
                                                  compliance burden and further the                       afforded under section 706(e) of ECOA.
                                                                                                                                                                IV. Regulatory Requirements
                                                  purposes of HMDA and Regulation C.                      C. Instructions for Submitting Data
                                                  Some creditors may be ready to permit                                                                           This Bureau official approval is an
                                                                                                          Collected Under This Approval                         approval or interpretation exempt from
                                                  applicants to self-identify using                          For purposes of submitting HMDA                    notice and comment rulemaking
                                                  disaggregated ethnic and racial                         data for applications received from                   requirements under the Administrative
                                                  categories before January 1, 2018, but                  January 1, 2017, through December 31,                 Procedure Act. See 5 U.S.C. 551, 553(b).
                                                  could not fully transition to new forms                 2017, and on which final action is taken              Because no notice of proposed
                                                  and processes because of the prohibition                during the 2017 calendar year, a                      rulemaking is required, the Regulatory
                                                  in Regulation B § 1002.5(b). It may help                financial institution shall submit the                Flexibility Act does not require an
                                                  industry adoption of those standards to                 information concerning ethnicity and                  initial or final regulatory flexibility
                                                  allow creditors to permit applicants to                 race pursuant to § 1003.4(a)(10), using               analysis. 5 U.S.C. 603(a), 604(a). The
                                                  self-identify using disaggregated ethnic                only aggregate categories and the codes               Bureau has determined that this notice
                                                  and racial categories before January 1,                 provided in the filing instructions guide             does not impose any new or revise any
                                                  2018. Moreover, permitting applicants                   for HMDA data collected in 2017, even                 existing recordkeeping, reporting, or
                                                  to self-identify using the disaggregated                if the financial institution has permitted            disclosure requirements on covered
                                                  ethnic and racial categories as                         applicants to self-identify using                     entities or members of the public that
                                                                                                          disaggregated categories pursuant to this             would be collections of information
mstockstill on DSK3G9T082PROD with NOTICES




                                                     2 Regulation B comment 5(a)(2)–2 explains that

                                                  Regulation C generally requires creditors covered by    Bureau official approval.5 For such                   requiring OMB approval under the
                                                  HMDA to collect and report information about the                                                              Paperwork Reduction Act, 44 U.S.C.
                                                  race, ethnicity, and sex of applicants for home-          4 HMDA     Final Rule, 80 FR at 66190.              3501, et seq. The existing information
                                                  improvement loans and home purchase loans,                5 See  2017 File Specifications in filing           collections required by the Equal Credit
                                                  including some types of loans not covered by            instructions guide for HMDA data collected in
                                                  § 1002.13.                                              2017, available at: http://
                                                                                                                                                                Opportunity Act (ECOA) and Regulation
                                                     3 80 FR 66314, amendments to appendix B to           www.consumerfinance.gov/data-research/hmda/           B have been approved by the Office Of
                                                  Regulation C effective January 1, 2018.                 static/for-filers/2017/2017-HMDA-FIG.pdf.             Management and Budget under OMB


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                                                  66932                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices

                                                  Control #3170–0013, and the                             approval of the revised Uniform                       V. 2016 Uniform Residential Loan
                                                  information collections for the Home                    Residential Loan Application (2016                    Application
                                                  Mortgage Disclosure Act (HMDA) and                      URLA) does not add or alter any
                                                                                                                                                                BILLING CODE 4810–AM–P
                                                  Regulation C are approved under OMB                     information collections approved under
                                                  Control #3170–0008. The Bureau’s                        either rule.
mstockstill on DSK3G9T082PROD with NOTICES




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                                                                           Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                           66933




                                                          Current AddtHs
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                          EN29SE16.005</GPH>




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                                                  66934                       Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                         Position or Titht
                                                         Start


                                                                                                        [J Dl>es not apply
                                                         lndud.t in<:Om@ from oth@r ioor<:@t b•low. lind« lnrom@ Sour.:.,, dloos• from             th• wllrc@i liitlt•d h«@:
                                                                                       ,child                             and



                                                         NOTE:
                                                         (or thi~ loa11.
                                                                                                                                                                                        NIQJ!thly Income



                                                                                                                                                                                        s
                                                                                                                                                        P,ovideTOTAL Amount H«e $




                                                                                                        Financial Institution                    Acc:oun.tNumbar
mstockstill on DSK3G9T082PROD with NOTICES




                                                         Borrower Namr. .

                                                         t                     .f
                                                         lrclliH'ciOH//OH\ • Effe<:tlve OUZ011
                                                                                                                                                                                                           EN29SE16.006</GPH>




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                                                                              Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                         66935


                                                         Include 1111 other asseh below. Under Asset Type, moose from the usettypeslisted here:




                                                                                                                                                        Provide TOTAL Amount Here $




                                                         Usr all liabilities below (except real estate) and indude deferred paymmts.llnder AccountType, choosefr<~~m the types listed here:
                                                         ·Revolving (e.!J.,                                                                           (bai<Pnre ptlidrm:m!ll!y)




                                                          Addrtis

                                                                                                                                                                     For lnveitmmt Property Only
                                                                                                                                                      Month!)' Rflntai
                                                          Property Value                                                                               Income



                                                          Mortgage loans on this Prop~trty


                                                          Creditor Name
mstockstill on DSK3G9T082PROD with NOTICES




                                                         Borrower Namr.

                                                                                                HJ\H
                                                                                                                                                                                                           EN29SE16.007</GPH>




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                                                  66936                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices



                                                          Addr;ss




                                                          Mortgage loans on this Prop!l)rty          D Doa notapply

                                                          Creditor Name                 Ac<:OuntNumber                             Unpaid Balance




                                                                                                                                  This .se-ction asks                             you




                                                         Creditor Name




                                                         lndude all gifb and granb ~ow, Under Source, <:hoo~re from the sources li:l;ted here;

                                                                                        "
mstockstill on DSK3G9T082PROD with NOTICES




                                                         Borrower Namr.
                                                                                                                                                                                        EN29SE16.008</GPH>




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                                                                                Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                           66937




                                                         A. Wiil you occupy the property as your primary reside·nc1~f
                                                              If YES,             had.an                         another            intbe




                                                         c.


                                                         D.




                                                         E.
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                               EN29SE16.009</GPH>




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                                                  66938                       Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                        A<Xnowlei:lgmen!S and Agl'feemenh




                                                                                                                                                                                                any
                                                                                                                                         representation or w;mi!nty, express or implied, to me about the
                                                                                                                                         property, ~B condition, its value.
                                                                                                                                        14i Ele.::trcmi.:.Recorcb an.d SiiJn,.turelO

                                                           signing below, I agreelo, adiJU)Wileda and reprelOent
                                                        the following statements about:
                                                       11} The Complete lnfarmiltion for thi.s Appli<:ation
                                                                          !



                                                                                        I must
                                                         application or any real estate sales contract, including prov.iding




                                                                                                                                        {6) U:ue and Sharing of lnfarmatton
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                                           EN29SE16.010</GPH>




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                                                                                 Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                           66939




                                                              D Mexican          D Puerto RicZ~n       D Cuban
                                                              D Otb'ilr Hi~p~ni;;; orl~tlno


                                                         [J
                                                         [J

                                                         S!!'IJ(
                                                         Clfemale




                                                                                            ID#
mstockstill on DSK3G9T082PROD with NOTICES




                                                         Borrower Name:~~~~~~~~~~~~~~~~~~
                                                         Unilorm ll<''ilcl0nll<~ll
                                                                         onn         ·f
                                                                            . Eff«tlv<~   ou:une
                                                                                                                                                                                                EN29SE16.011</GPH>




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                                                  66940                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                        0                                                                                       Li~t Nlame(~j of Oth!!r Borrower{;>) Applying for thi~   loan
                                                        0                                                                                       (first,       Last,
                                                                                        <Jpplyfor joint credit, Yollrillitiaft>: .

                                                        Marital Status                  Oependenu (nor fisted by another Borrower)               Contact lnformatil:m
                                                                                        Number                                                   HomePhono:
                                                                                                                                                 Cell
                                                                                                                                                 Work Phone                                   b:t.,_ _ __
                                                                                                                                                 Email.

                                                        Current Address




                                                        Street                                                                                                                             Unit #
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                                                EN29SE16.012</GPH>




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                                                                             Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                             66941

                                                                                                                                                                                   D
                                                                                                                                                                                Gros.sMonthly lnmme




                                                                                                                                                                                Previous Gross
                                                                                                                                                                                Income
                                                                                                                                             or Self-Employed
                                                         City _ _ _ _ _ _ _ _ _ _ _ _ _ St.ate _ _ _ Zip _ _ _ __
                                                         Position or Titht
                                                         Starr                                        End DI!U!_~/--~ (mmiyyyyl




                                                         In dude income from other soun:'l!'s below. Under lnwm'l!' Source,      dloo~te from   th'!!'toutc:es li,ted here:
                                                                                .(hild




                                                                                                                                                     Provide TOTAL Amount Here $
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                                              EN29SE16.013</GPH>




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                                                  66942                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                         F. Are       co·~tgner or guarantor on any debt or loarnhat is not disclosed


                                                         G. Are there any ou!$!anding judgments against you?
mstockstill on DSK3G9T082PROD with NOTICES




                                                         8orrow11r Namr.
                                                                                                                                                                                  EN29SE16.014</GPH>




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                                                                              Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                             66943

                                                                                                                               This sectron asK:saoo:m




                                                                                                                                                 Exampl~s: Frjian,   Tongan,
                                                                           IO                 information




                                                                                                                                                                                        or Intt?mf<t




                                                                                                                                                  Sti:lte        ID#
                                                            Em~il                                                                                                          Phcme I
mstockstill on DSK3G9T082PROD with NOTICES




                                                                     1·-omlt,:;   ~   1
                                                                         • E:ffec:rlve01120ffil
                                                                                                                                                                                                               EN29SE16.015</GPH>




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                                                  66944                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                         If you selectoed "llnmafrioed"in ~ionl, is
                                                         tho;;e     legal ipouoe?     0 NO
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                  EN29SE16.016</GPH>




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                                                                             Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                             66945




                                                                                                                                        Rrinonce Typ'l!!           Rrinonce Program
                                                                                                                                        0No                       0Futl
                                                                                                                                        0                         0
                                                            Tri'insadlon Detail                                                                                   0
                                                            [J Conversion of Coni rod: for Deed or Land                                                           0




                                                            Proje<r:tType      [JCondominium




                                                                                                                                        For Refinance:


                                                            EstoteWlll be Held in




                                                                                        First
                                                                   Sub;;equent Ad ju~t ment
                                                            loan Feitures
                                                                     I Et~lloon Term
                                                                              I
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                              EN29SE16.017</GPH>




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                                                  66946                    Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                            DUE FROM BORROWER(St




                                                            c.



                                                            F.
                                                            G.
                                                            H. TOTALDIJE FROM BORROWER(sj [Total of A thru G)                                                                       $
                                                            TOTAl MORTGAGE lOANS
                                                            I.

                                                                                                                                                                                    $
                                                            J.

                                                            lt. TOTAL MORTGAGELOANS(Total ofl.mdJ)
                                                            TOTAL CREDITS
                                                            L Seller Credits
                                                            M. Other Credits
                                                            N. TOTAL CREDITS (Total oH and M)
                                                            CAlCULATION




                                                            Cash from/lo th• lorrow.r (lin!!! H minus lin• I< and
                                                            NOTE: Thts ilmount dOe!! not include r.serlifi or
                                                            to be verified.




                                                             Has the II:OI'I'ower(s) cornpllet.!d l'lomeawnersi'IID ed~t~articn.(<grc!l.l or web-based classes) within thelasl12 months.?
                                                                 If 'lfES: ( 1) What form at was it In: (Che:ck t/1<1: most rKent) JAitl!!i'\d~!dWorksl'lop in Person
                                                                                Who               it:



                                                                               provide
                                                                               Dat• of Completion
                                                             Has the Borrower(lll CO!flpl~~ed
                                                                  lf'/ES: (1) Whatformat wa' it in: "     ""'?".'"&
                                                                            (2) Who orovid•lld
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                            EN29SE16.018</GPH>




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                                                                           Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                              66947




                                                                                                       Application -

                                                                                        U:Se thi' continuatiM sheet if you need mMe 'f'l!iCe to complete the Uniform Residential loan Application.

                                                       Borrower Name (First, Middle, Last

                                                       .AddirionallnformatiM




                                                       Additional Bwrow""'Ni'llml!'

                                                       AddttiMallnforml!ltiM
mstockstill on DSK3G9T082PROD with NOTICES




                                                                                                                                                                                                             EN29SE16.019</GPH>




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                                                  66948                     Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices




                                                         Ethnidty
                                                            HispMic
                                                            0   Me,xican
                                                            D         Hi~p;;mi;;; orl~tim;~




                                                          To Be Completed         Flnandalln,tltution{foroppll01tlcl)n token inp!tnon): •
mstockstill on DSK3G9T082PROD with NOTICES




                                                         Borrower Namr.
                                                                                                                                                                                   EN29SE16.020</GPH>




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                                                                           Federal Register / Vol. 81, No. 189 / Thursday, September 29, 2016 / Notices                                          66949

                                                    Dated: September 23, 2016.                            proposed collection of information,                   DATE AND TIME: Monday, October 3,
                                                  David Silberman,                                        including the validity of the                         2016, 3:00 p.m.–4:30 p.m. (ET).
                                                  Associate Director, Division of Research,               methodology and assumptions used;                     PLACE: Corporation for National and
                                                  Markets, and Regulations, Bureau of                       • Propose ways to enhance the                       Community Service, 250 E Street SW.,
                                                  Consumer Financial Protection.                          quality, utility, and clarity of the                  Suite 4026, Washington, DC 20525
                                                  [FR Doc. 2016–23555 Filed 9–28–16; 8:45 am]             information to be collected; and                      (Please go to the first floor lobby
                                                  BILLING CODE 4810–AM–C                                    • Propose ways to minimize the
                                                                                                                                                                reception area for escort).
                                                                                                          burden of the collection of information
                                                                                                          on those who are to respond, including                CALL-IN INFORMATION:   This meeting is
                                                  CORPORATION FOR NATIONAL AND                            through the use of appropriate                        available to the public through the
                                                  COMMUNITY SERVICE                                       automated, electronic, mechanical, or                 following toll-free call-in number: 888–
                                                                                                          other technological collection                        847–7598 conference call access code
                                                  Information Collection; Submission for                  techniques or other forms of information              number 7964995. Any interested
                                                  OMB Review, Comment Request                             technology.                                           member of the public may call this
                                                                                                                                                                number and listen to the meeting.
                                                  AGENCY: Corporation for National and                    Comments                                              Callers can expect to incur charges for
                                                  Community Service.                                         A 60-day Notice requesting public                  calls they initiate over wireless lines,
                                                  ACTION: Notice.                                         comment was published in the Federal                  and CNCS will not refund any incurred
                                                                                                          Register on Wednesday, May 18, 2016,                  charges. Callers will incur no charge for
                                                  SUMMARY:   The Corporation for National                 at 81 FR 31227. This comment period                   calls they initiate over land-line
                                                  and Community Service (CNCS) has                        ended July 18, 2016. No public                        connections to the toll-free telephone
                                                  submitted a public information                          comments were received from this                      number. Replays are generally available
                                                  collection request (ICR) entitled the                   Notice.                                               one hour after a call ends. The toll-free
                                                  AmeriCorps NCCC Medical and Mental                         Description: The AmeriCorps NCCC                   phone number for the replay is 866–
                                                  Health Information Form for review and                  Medical and Mental Health Information                 367–6912. TTY: 800–833–3722. The end
                                                  approval in accordance with the                         Form will be used to assess whether an                replay date is November 3, 2016 at 10:59
                                                  Paperwork Reduction Act of 1995,                        individual has the physical and mental                p.m. (CT).
                                                  Public Law 104–13, (44 U.S.C. Chapter                   capacity required to perform the
                                                  35). Copies of this ICR, with applicable                                                                      STATUS:   Open.
                                                                                                          essential functions of the AmeriCorps
                                                  supporting documentation, may be                        NCCC member position, with or without                 MATTERS TO BE CONSIDERED:
                                                  obtained by calling the Corporation for                 reasonable accommodation, for which                   I. Chair’s Welcome and Call the Meeting
                                                  National and Community Service, Tara                    he or she is otherwise eligible.                            to Order
                                                  Lind-Zajac, at 202–606–6702 or email to                    Type of Review: New.
                                                  TLindZajac@cns.gov. Individuals who                                                                           II. CEO’s Welcome and Report
                                                                                                             Agency: Corporation for National and
                                                  use a telecommunications device for the                 Community Service.                                    III. National Service Programs Report
                                                  deaf (TTY–TDD) may call 1–800–833–                         Title: AmeriCorps NCCC Medical and                 IV. Office of External Affairs Report
                                                  3722 between 8:00 a.m. and 8:00 p.m.                    Mental Health Information Form.                       V. Public Comments
                                                  Eastern Time, Monday through Friday.                       OMB Number: New.                                   VI. Chair Adjourns Meeting
                                                  DATES: Comments may be submitted,                          Agency Number: None.
                                                  identified by the title of the information                 Affected Public: Applicants to                     Members of the public who would like
                                                  collection activity, within October 31,                 AmeriCorps NCCC.                                      to comment on the business of the
                                                  2016.                                                      Total Respondents: Approximately                   Board must do so in writing or in
                                                                                                          8,500 per year.                                       person. Individuals may submit written
                                                  ADDRESSES:    Comments may be                              Frequency: Once per completed NCCC                 comments to dpremo@cns.gov subject
                                                  submitted, identified by the title of the               application.                                          line: OCTOBER 2016 CNCS BOARD
                                                  information collection activity, to the                    Average Time per Response: Averages                MEETING by 3:00 p.m. (ET) on
                                                  Office of Information and Regulatory                    15 minutes.                                           September 29, 2016. Individuals
                                                  Affairs, Attn: Ms. Sharon Mar, OMB                         Estimated Total Burden Hours: 2,125                attending the meeting in person who
                                                  Desk Officer for the Corporation for                    hours.                                                would like to comment will be asked to
                                                  National and Community Service, by                         Total Burden Cost (capital/startup):               sign-in upon arrival. Comments are
                                                  any of the following two methods                        None.                                                 requested to be limited to 2 minutes.
                                                  within 30 days from the date of                            Total Burden Cost (operating/
                                                  publication in the Federal Register:                                                                          REASONABLE ACCOMMODATIONS:      The
                                                                                                          maintenance): None.
                                                     (1) By fax to: 202–395–6974,                                                                               Corporation for National and
                                                  Attention: Ms. Sharon Mar, OMB Desk                     Charles Davenport,                                    Community Service provides reasonable
                                                  Officer for the Corporation for National                Director of Recruitment, Selection, and               accommodations to individuals with
                                                  and Community Service; or                               Placement.                                            disabilities where appropriate. Anyone
                                                     (2) By email to: smar@omb.eop.gov.                   [FR Doc. 2016–23487 Filed 9–28–16; 8:45 am]           who needs an interpreter or other
                                                  SUPPLEMENTARY INFORMATION: The OMB                      BILLING CODE 6050–28–P                                accommodation should notify David
                                                  is particularly interested in comments                                                                        Premo at dpremo@cns.gov or 202–606–
                                                  which:                                                                                                        6717 by 3 p.m. (ET) on September 29,
                                                     • Evaluate whether the proposed                      CORPORATION FOR NATIONAL AND                          2016.
mstockstill on DSK3G9T082PROD with NOTICES




                                                  collection of information is necessary                  COMMUNITY SERVICE                                     CONTACT PERSON FOR MORE INFORMATION:
                                                  for the proper performance of the                       Sunshine Act Notice                                   Dave Premo, Program Support
                                                  functions of CNCS, including whether                                                                          Specialist, Corporation for National and
                                                  the information will have practical                       The Board of Directors of the                       Community Service, 250 E Street SW.,
                                                  utility;                                                Corporation for National and                          Washington, DC 20525. Phone: 202–
                                                     • Evaluate the accuracy of the                       Community Service gives notice of the                 606–6717. Fax: 202–606–3460. TTY:
                                                  agency’s estimate of the burden of the                  following meeting:                                    800–833–3722. Email: dpremo@cns.gov.


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Document Created: 2016-09-29 04:14:33
Document Modified: 2016-09-29 04:14:33
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
ActionBureau Official Approval.
DatesThis official approval is issued September 23, 2016. Entities may rely on part III of this Bureau official approval beginning January 1, 2017.
ContactJames Wylie, Counsel, Office of Regulations, Consumer Financial Protection Bureau, 1700 G Street NW., Washington, DC 20552, at 202-435-7700.
FR Citation81 FR 66930 

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