81 FR 8180 - Agency Information Collection Activities: Submission for OMB Review; Comment Request
BUREAU OF CONSUMER FINANCIAL PROTECTION Federal Register Volume 81, Issue 32 (February 18, 2016)
Federal Register Volume 81, Issue 32 (February 18, 2016)
| Page Range | 8180-8180 | |
| FR Document | 2016-03424 |
[Federal Register Volume 81, Number 32 (Thursday, February 18, 2016)] [Notices] [Page 8180] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-03424] ----------------------------------------------------------------------- BUREAU OF CONSUMER FINANCIAL PROTECTION [Docket No: CFPB-2016-0006] Agency Information Collection Activities: Submission for OMB Review; Comment Request AGENCY: Bureau of Consumer Financial Protection. ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau) is requesting to renew the Office of Management and Budget (OMB) approval for an existing information collection, titled, ``Loan Originator Compensation Amendment (Regulation Z).'' DATES: Written comments are encouraged and must be received on or before March 21, 2016 to be assured of consideration. ADDRESSES: You may submit comments, identified by the title of the information collection, OMB Control Number (see below), and docket number (see above), by any of the following methods:Electronic: http://www.regulations.gov. Follow the instructions for submitting comments. OMB: Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806. Mailed or faxed comments to OMB should be to the attention of the OMB Desk Officer for the Bureau of Consumer Financial Protection. Please note that comments submitted after the comment period will not be accepted. In general, all comments received will become public records, including any personal information provided. Sensitive personal information, such as account numbers or social security numbers, should not be included. FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of this information collection request is available at www.reginfo.gov (this link active on the day following publication of this notice). Select ``Information Collection Review,'' under ``Currently under review, use the dropdown menu ``Select Agency'' and select ``Consumer Financial Protection Bureau'' (recent submissions to OMB will be at the top of the list). The same documentation is also available at http://www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: [email protected]. Please do not submit comments to this email box. SUPPLEMENTARY INFORMATION: Title of Collection: Loan Originator Compensation Amendment (Regulation Z). OMB Control Number: 3170-0031. Type of Review: Extension without change of a currently approved collection. Affected Public: Private sector. Estimated Number of Respondents: 8,254. Estimated Total Annual Burden Hours: 94,635. Abstract: The Truth in Lending Act (TILA), 15 U.S.C. 1601 et seq., was enacted to foster comparison credit shopping and informed credit decision making by requiring accurate disclosure of the costs and terms of credit to consumers. The Dodd-Frank Act then amended TILA to include, among other things, provisions about the qualifications and compensation of mortgage loan officers, in order to ensure consumers are getting a fair deal on their loans. Request for Comments: The Bureau issued a 60-day Federal Register notice on December 9, 2015 (80 FR 76459). Comments were solicited and continue to be invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the Bureau, including whether the information will have practical utility; (b) The accuracy of the Bureau's estimate of the burden of the collection of information, including the validity of the methods and the assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; and (d) Ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Dated: February 11, 2016. Darrin A. King, Paperwork Reduction Act Officer, Bureau of Consumer Financial Protection. [FR Doc. 2016-03424 Filed 2-17-16; 8:45 am] BILLING CODE 4810-AM-P
![8180 Federal Register / Vol. 81, No. 32 / Thursday, February 18, 2016 / Notices
deadline. In order to meet the statutory Originator Compensation Amendment shopping and informed credit decision
deadline, the Bureau plans to issue the (Regulation Z).’’ making by requiring accurate disclosure
enabling procedural rule by March 3, DATES: Written comments are of the costs and terms of credit to
2016. Therefore, the Bureau is encouraged and must be received on or consumers. The Dodd-Frank Act then
requesting emergency processing and before March 21, 2016 to be assured of amended TILA to include, among other
approval of the following information consideration. things, provisions about the
collection request. ADDRESSES: You may submit comments, qualifications and compensation of
The Bureau requests OMB approval of identified by the title of the information mortgage loan officers, in order to
this request by February 29, 2016. collection, OMB Control Number (see ensure consumers are getting a fair deal
Contemporaneously with this request below), and docket number (see above), on their loans.
for emergency processing, the Bureau is by any of the following methods: Request for Comments: The Bureau
also initiating standard clearance • Electronic: http:// issued a 60-day Federal Register notice
procedures by publishing a notice in the www.regulations.gov. Follow the on December 9, 2015 (80 FR 76459).
Federal Register allowing the public 60 instructions for submitting comments. Comments were solicited and continue
days to comment on this collection of • OMB: Office of Management and to be invited on: (a) Whether the
information. Accordingly, this request Budget, New Executive Office Building, collection of information is necessary
will also be resubmitted to OMB under Room 10235, Washington, DC 20503 or for the proper performance of the
standard clearance procedures. fax to (202) 395–5806. Mailed or faxed functions of the Bureau, including
Request for Comments: Comments are comments to OMB should be to the whether the information will have
invited on: (a) Whether the collection of attention of the OMB Desk Officer for practical utility; (b) The accuracy of the
information is necessary for the proper the Bureau of Consumer Financial Bureau’s estimate of the burden of the
performance of the functions of the Protection. collection of information, including the
Bureau, including whether the Please note that comments submitted validity of the methods and the
information will have practical utility; after the comment period will not be assumptions used; (c) Ways to enhance
(b) The accuracy of the Bureau’s accepted. In general, all comments the quality, utility, and clarity of the
estimate of the burden of the collection received will become public records,
of information, including the validity of information to be collected; and (d)
including any personal information Ways to minimize the burden of the
the methods and the assumptions used; provided. Sensitive personal
(c) Ways to enhance the quality, utility, collection of information on
information, such as account numbers respondents, including through the use
and clarity of the information to be or social security numbers, should not
collected; and (d) Ways to minimize the of automated collection techniques or
be included. other forms of information technology.
burden of the collection of information FOR FURTHER INFORMATION CONTACT:
on respondents, including through the Comments submitted in response to this
Documentation prepared in support of notice will be summarized and/or
use of automated collection techniques this information collection request is
or other forms of information included in the request for OMB
available at www.reginfo.gov (this link approval. All comments will become a
technology. Comments submitted in active on the day following publication
response to this notice will be matter of public record.
of this notice). Select ‘‘Information
summarized and/or included in the Collection Review,’’ under ‘‘Currently Dated: February 11, 2016.
request for OMB approval. All under review, use the dropdown menu Darrin A. King,
comments will become a matter of ‘‘Select Agency’’ and select ‘‘Consumer Paperwork Reduction Act Officer, Bureau of
public record. Financial Protection Bureau’’ (recent Consumer Financial Protection.
Dated: February 12, 2016. submissions to OMB will be at the top [FR Doc. 2016–03424 Filed 2–17–16; 8:45 am]
Darrin A. King, of the list). The same documentation is BILLING CODE 4810–AM–P
Paperwork Reduction Act Officer, Bureau of also available at http://
Consumer Financial Protection. www.regulations.gov. Requests for
[FR Doc. 2016–03422 Filed 2–17–16; 8:45 am] additional information should be
BILLING CODE 4810–AM–P directed to the Consumer Financial DEPARTMENT OF DEFENSE
Protection Bureau, (Attention: PRA
Office), 1700 G Street NW., Washington, Office of the Secretary
BUREAU OF CONSUMER FINANCIAL DC 20552, (202) 435–9575, or email:
PROTECTION PRA@cfpb.gov. Please do not submit [Docket ID: DoD–2015–OS–0090]
comments to this email box.
[Docket No: CFPB–2016–0006]
SUPPLEMENTARY INFORMATION: Defense Personal Property Program
Agency Information Collection Title of Collection: Loan Originator (DP3)
Activities: Submission for OMB Compensation Amendment (Regulation
Review; Comment Request Z). United States Transportation
AGENCY:
OMB Control Number: 3170–0031. Command (USTRANSCOM), DoD.
AGENCY: Bureau of Consumer Financial Type of Review: Extension without
Protection. change of a currently approved ACTION: Notice.
ACTION: Notice and request for comment. collection.
mstockstill on DSK4VPTVN1PROD with NOTICES
Affected Public: Private sector. SUMMARY: The DoD is not proceeding
SUMMARY: In accordance with the Estimated Number of Respondents: with the proposed Defense Personal
Paperwork Reduction Act of 1995 8,254. Property Program (DP3) Household
(PRA), the Consumer Financial Estimated Total Annual Burden Goods Channeling Pilot Test, as set forth
Protection Bureau (Bureau) is requesting Hours: 94,635. in the September 8, 2015 notice (80 FR
to renew the Office of Management and Abstract: The Truth in Lending Act 53786). We appreciate all inputs made
Budget (OMB) approval for an existing (TILA), 15 U.S.C. 1601 et seq., was toward providing the information
information collection, titled, ‘‘Loan enacted to foster comparison credit necessary to reach this conclusion.
VerDate Sep<11>2014 19:03 Feb 17, 2016 Jkt 238001 PO 00000 Frm 00008 Fmt 4703 Sfmt 4703 E:\FR\FM\18FEN1.SGM 18FEN1](https://thefederalregister.org/doc/81_FR_8212/page/1.svg)
Document Created: 2016-02-18 07:46:31
Document Modified: 2016-02-18 07:46:31
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comment. | |
| Dates | Written comments are encouraged and must be received on or before March 21, 2016 to be assured of consideration. | |
| Contact | Documentation prepared in support of this information collection request is available at www.reginfo.gov (this link active on the day following publication of this notice). Select ``Information Collection Review,'' under ``Currently under review, use the dropdown menu ``Select Agency'' and select ``Consumer Financial Protection Bureau'' (recent submissions to OMB will be at the top of the list). The same documentation is also available at http:// www.regulations.gov. Requests for additional information should be directed to the Consumer Financial Protection Bureau, (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: [email protected] Please do not submit comments to this email box. | |
| FR Citation | 81 FR 8180 |
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