81_FR_77138 81 FR 76924 - Agency Information Collection Activities: Comment Request

81 FR 76924 - Agency Information Collection Activities: Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 214 (November 4, 2016)

Page Range76924-76924
FR Document2016-26678

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Bureau of Consumer Financial Protection (Bureau) is requesting to renew the Office of Management and Budget (OMB) approval for an existing information collection titled, ``Truth In Lending Act (Regulation Z)--Appraisals For Higher-Priced Mortgage Loans.''

Federal Register, Volume 81 Issue 214 (Friday, November 4, 2016)
[Federal Register Volume 81, Number 214 (Friday, November 4, 2016)]
[Notices]
[Page 76924]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-26678]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2016-0046]


Agency Information Collection Activities: 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 Bureau of Consumer Financial Protection (Bureau) is requesting to 
renew the Office of Management and Budget (OMB) approval for an 
existing information collection titled, ``Truth In Lending Act 
(Regulation Z)--Appraisals For Higher-Priced Mortgage Loans.''

DATES: Written comments are encouraged and must be received on or 
before January 3, 2017 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     Mail: Consumer Financial Protection Bureau (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552.
     Hand Delivery/Courier: Consumer Financial Protection 
Bureau (Attention: PRA Office), 1275 First Street NE., Washington, DC 
20002.
    Please note that comments submitted after the comment period will 
not be accepted. In general, all comments received will become public 
records, including any personal information provided. Sensitive 
personal information, such as account numbers or Social Security 
numbers, should not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at 
www.regulations.gov. Requests for additional information should be 
directed to the Consumer Financial Protection Bureau, (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or 
email: [email protected]. Please do not submit comments to this 
mailbox.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Truth In Lending Act (Regulation Z)--
Appraisals for Higher-Priced Mortgage Loans.''
    OMB Control Number: 3170-0026.
    Type of Review: Extension without change of a currently approved 
information collection.
    Affected Public: Private sector (depository institutions, credit 
unions and non-depository financial institutions).
    Estimated Number of Respondents: 2,047.
    Estimated Total Annual Burden Hours: 516.
    Abstract: The Truth in Lending Act (TILA) to requires creditors 
originating mortgages with an annual percentage rate that exceeds the 
average prime offer rate by a specified percentage (higher-risk 
mortgage loans) to obtain an appraisal or appraisals meeting certain 
specified standards, provide applicants with a notification regarding 
the use of appraisals, and give applicants a copy of written appraisals 
used. These changes were enacted as part of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Dodd-Frank Act), Public Law 111-
203, 1471, 124 Stat. 1376, 2185 (2010). Section 1471 of the Dodd-Frank 
Act adds a new section to TILA, section 129H, addressing appraisal 
requirements for higher-risk mortgage loans.
    Request for Comments: Comments are invited on: (a) Whether the 
collection of information is necessary for the proper performance of 
the functions of the Bureau, including whether the information will 
have practical utility; (b) The accuracy of the 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: November 1, 2016.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2016-26678 Filed 11-3-16; 8:45 am]
 BILLING CODE 4810-AM-P



                                                    76924                        Federal Register / Vol. 81, No. 214 / Friday, November 4, 2016 / Notices

                                                    service listed below from nonprofit                     (Regulation Z)—Appraisals For Higher-                 appraisals, and give applicants a copy of
                                                    agency employing persons who are                        Priced Mortgage Loans.’’                              written appraisals used. These changes
                                                    blind or have other severe disabilities.                DATES: Written comments are                           were enacted as part of the Dodd-Frank
                                                       The following service is proposed for                encouraged and must be received on or                 Wall Street Reform and Consumer
                                                    addition to the Procurement List for                    before January 3, 2017 to be assured of               Protection Act (Dodd-Frank Act), Public
                                                    production by the nonprofit agency                      consideration.                                        Law 111–203, 1471, 124 Stat. 1376,
                                                    listed:                                                 ADDRESSES: You may submit comments,                   2185 (2010). Section 1471 of the Dodd-
                                                    Service                                                 identified by the title of the information            Frank Act adds a new section to TILA,
                                                                                                            collection, OMB Control Number (see                   section 129H, addressing appraisal
                                                    Service Type: Janitorial/Custodial and
                                                                                                            below), and docket number (see above),                requirements for higher-risk mortgage
                                                        Related Service.
                                                    Mandatory for: GSA PBS Region 10, Pioneer               by any of the following methods:                      loans.
                                                        Courthouse, 700 SW 6th Avenue,                        • Electronic: http://                                  Request for Comments: Comments are
                                                        Portland, OR.                                       www.regulations.gov. Follow the                       invited on: (a) Whether the collection of
                                                    Mandatory Source(s) of Supply: Portland                 instructions for submitting comments.                 information is necessary for the proper
                                                        Habilitation Center, Inc., Portland, OR.              • Mail: Consumer Financial                          performance of the functions of the
                                                    Contracting Activity: GSA/PUBLIC
                                                                                                            Protection Bureau (Attention: PRA                     Bureau, including whether the
                                                        BUILDINGS SERVICE, Auburn, WA.                                                                            information will have practical utility;
                                                                                                            Office), 1700 G Street NW., Washington,
                                                    Deletions                                               DC 20552.                                             (b) The accuracy of the Bureau’s
                                                                                                              • Hand Delivery/Courier: Consumer                   estimate of the burden of the collection
                                                      The following product and services                                                                          of information, including the validity of
                                                    are proposed for deletion from the                      Financial Protection Bureau (Attention:
                                                                                                            PRA Office), 1275 First Street NE.,                   the methods and the assumptions used;
                                                    Procurement List:                                                                                             (c) Ways to enhance the quality, utility,
                                                                                                            Washington, DC 20002.
                                                    Product                                                   Please note that comments submitted                 and clarity of the information to be
                                                    NSN(s)—Product Name(s): 8460–01–433–                    after the comment period will not be                  collected; and (d) Ways to minimize the
                                                        8398—Briefcase, Black.                              accepted. In general, all comments                    burden of the collection of information
                                                    Mandatory Source(s) of Supply: Helena                   received will become public records,                  on respondents, including through the
                                                        Industries, Inc., Helena, MT.                       including any personal information                    use of automated collection techniques
                                                    Contracting Activity: General Services                                                                        or other forms of information
                                                        Administration, Fort Worth, TX.
                                                                                                            provided. Sensitive personal
                                                                                                            information, such as account numbers                  technology. Comments submitted in
                                                    Services                                                or Social Security numbers, should not                response to this notice will be
                                                    Service Type: Food Service Attendant.                   be included.                                          summarized and/or included in the
                                                    Mandatory for: Kirtland Air Force Base,                                                                       request for OMB approval. All
                                                                                                            FOR FURTHER INFORMATION CONTACT:
                                                        Kirtland AFB, NM.                                                                                         comments will become a matter of
                                                                                                            Documentation prepared in support of                  public record.
                                                    Mandatory Source(s) of Supply: LifeROOTS,
                                                                                                            this information collection request is
                                                        Inc., Albuquerque, NM.                                                                                      Dated: November 1, 2016.
                                                    Contracting Activity: Dept of the Air Force,            available at www.regulations.gov.
                                                                                                            Requests for additional information                   Darrin A. King,
                                                        FA7014 AFDW PK.
                                                    Service Type: Facilities Maintenance Service.           should be directed to the Consumer                    Paperwork Reduction Act Officer, Bureau of
                                                    Mandatory for: Buckley Annex and Building               Financial Protection Bureau, (Attention:              Consumer Financial Protection.
                                                        667, Buckley AFB, CO.                               PRA Office), 1700 G Street NW.,                       [FR Doc. 2016–26678 Filed 11–3–16; 8:45 am]
                                                    Mandatory Source(s) of Supply: Professional             Washington, DC 20552, (202) 435–9575,                 BILLING CODE 4810–AM–P
                                                        Contract Services, Inc., Austin, TX.                or email: CFPB_PRA@cfpb.gov. Please
                                                    Contracting Activity: Dept of the Air Force,            do not submit comments to this
                                                        FA2543 460 CONF LGC.
                                                                                                            mailbox.                                              CORPORATION FOR NATIONAL AND
                                                    Barry S. Lineback,                                      SUPPLEMENTARY INFORMATION:
                                                                                                                                                                  COMMUNITY SERVICE
                                                    Director, Business Operations.                             Title of Collection: Truth In Lending              Information Collection; Submission for
                                                    [FR Doc. 2016–26731 Filed 11–3–16; 8:45 am]             Act (Regulation Z)—Appraisals for                     OMB Review, Comment Request
                                                    BILLING CODE 6353–01–P                                  Higher-Priced Mortgage Loans.’’
                                                                                                               OMB Control Number: 3170–0026.                     AGENCY: Corporation for National and
                                                                                                               Type of Review: Extension without                  Community Service.
                                                    BUREAU OF CONSUMER FINANCIAL                            change of a currently approved                        ACTION: Notice.
                                                    PROTECTION                                              information collection.
                                                                                                               Affected Public: Private sector                    SUMMARY:   The Corporation for National
                                                    [Docket No. CFPB–2016–0046]                             (depository institutions, credit unions               and Community Service (CNCS) has
                                                                                                            and non-depository financial                          submitted a public information
                                                    Agency Information Collection                           institutions).                                        collection request (ICR) entitled
                                                    Activities: Comment Request                                Estimated Number of Respondents:                   AmeriCorps Affiliate Application
                                                    AGENCY:  Bureau of Consumer Financial                   2,047.                                                Instructions for review and approval in
                                                    Protection.                                                Estimated Total Annual Burden                      accordance with the Paperwork
                                                    ACTION: Notice and request for comment.                 Hours: 516.                                           Reduction Act of 1995, Public Law 104–
                                                                                                               Abstract: The Truth in Lending Act                 13, (44 U.S.C. Chapter 35). Copies of
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    SUMMARY:   In accordance with the                       (TILA) to requires creditors originating              this ICR, with applicable supporting
                                                    Paperwork Reduction Act of 1995                         mortgages with an annual percentage                   documentation, may be obtained by
                                                    (PRA), the Bureau of Consumer                           rate that exceeds the average prime offer             calling the Corporation for National and
                                                    Financial Protection (Bureau) is                        rate by a specified percentage (higher-               Community Service, Patti Stengel, at
                                                    requesting to renew the Office of                       risk mortgage loans) to obtain an                     202–606–6745 or email to pstengel@
                                                    Management and Budget (OMB)                             appraisal or appraisals meeting certain               cns.gov. Individuals who use a
                                                    approval for an existing information                    specified standards, provide applicants               telecommunications device for the deaf
                                                    collection titled, ‘‘Truth In Lending Act               with a notification regarding the use of              (TTY–TDD) may call 1–800–833–3722


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Document Created: 2018-02-14 08:26:32
Document Modified: 2018-02-14 08:26:32
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 January 3, 2017 to be assured of consideration.
ContactDocumentation prepared in support of this information collection request is available at www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: [email protected] Please do not submit comments to this mailbox.
FR Citation81 FR 76924 

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