82_FR_11475 82 FR 11440 - Agency Information Collection Activities: Comment Request

82 FR 11440 - Agency Information Collection Activities: Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 82, Issue 35 (February 23, 2017)

Page Range11440-11440
FR Document2017-03501

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Bureau of Consumer Financial Protection (Bureau) is requesting approval for a new information collection, titled, ``Student Loan Servicing Market Monitoring.''

Federal Register, Volume 82 Issue 35 (Thursday, February 23, 2017)
[Federal Register Volume 82, Number 35 (Thursday, February 23, 2017)]
[Notices]
[Page 11440]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-03501]



[[Page 11440]]

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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2017-0002]


Agency Information Collection Activities: Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Bureau of Consumer Financial Protection (Bureau) is requesting 
approval for a new information collection, titled, ``Student Loan 
Servicing Market Monitoring.''

DATES: Written comments are encouraged and must be received on or 
before April 24, 2017 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, Office of Management and Budget (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: Student Loan Servicing Market Monitoring.
    OMB Control Number: 3170-XXXX.
    Type of Review: New collection (Request for a new OMB control 
number).
    Affected Public: Businesses and other for-profit entities.
    Estimated Number of Respondents: 10.
    Estimated Total Annual Burden Hours: 6,400.
    Abstract: The Bureau will require quarterly data collection on 
aggregated student loan servicing metrics and borrower outcomes from 
student loan servicers. The order is intended to help the Bureau carry 
out its market monitoring goals and is pursuant to the Bureau's market 
monitoring authority under Section 1022(c)(4) of the Dodd- Frank Wall 
Street and Consumer Protection Act.
    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: February 16, 2017.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2017-03501 Filed 2-22-17; 8:45 am]
BILLING CODE 4810-AM-P



                                               11440                       Federal Register / Vol. 82, No. 35 / Thursday, February 23, 2017 / Notices

                                               BUREAU OF CONSUMER FINANCIAL                               Estimated Number of Respondents:                   pertain to credit unions with total assets
                                               PROTECTION                                              10.                                                   of $10 billion or less.
                                                                                                          Estimated Total Annual Burden                      FOR FURTHER INFORMATION CONTACT:
                                               [Docket No. CFPB–2017–0002]
                                                                                                       Hours: 6,400.                                         Delicia Hand, Staff Director, Advisory
                                               Agency Information Collection                              Abstract: The Bureau will require                  Board and Councils Office, External
                                               Activities: Comment Request                             quarterly data collection on aggregated               Affairs, Consumer Financial Protection
                                                                                                       student loan servicing metrics and                    Bureau, 1275 First Street NE.,
                                               AGENCY:  Bureau of Consumer Financial                   borrower outcomes from student loan                   Washington, DC 20002; Telephone:
                                               Protection.                                             servicers. The order is intended to help              (202) 435–9348; email: Delicia.hand@
                                               ACTION: Notice and request for comment.                 the Bureau carry out its market                       cfpb.gov.
                                               SUMMARY:    In accordance with the                      monitoring goals and is pursuant to the               SUPPLEMENTARY INFORMATION: In
                                               Paperwork Reduction Act of 1995                         Bureau’s market monitoring authority                  accordance with the provisions of the
                                               (PRA), the Bureau of Consumer                           under Section 1022(c)(4) of the Dodd-                 Federal Advisory Committee Act
                                               Financial Protection (Bureau) is                        Frank Wall Street and Consumer                        (‘‘FACA’’) (5 U.S.C. App.), the
                                               requesting approval for a new                           Protection Act.                                       Consumer Financial Protection Bureau
                                               information collection, titled, ‘‘Student                  Request for Comments: Comments are                 (‘‘Bureau’’) hereby gives notice of re-
                                               Loan Servicing Market Monitoring.’’                     invited on: (a) Whether the collection of             establishment of the Credit Union
                                               DATES: Written comments are
                                                                                                       information is necessary for the proper               Advisory Council. In December of 2015,
                                               encouraged and must be received on or                   performance of the functions of the                   language included in the 2016 Omnibus
                                               before April 24, 2017 to be assured of                  Bureau, including whether the                         spending bill amended the Consumer
                                               consideration.                                          information will have practical utility;              Financial Protection Act to clarify the
                                                                                                       (b) The accuracy of the Bureau’s                      applicability of the FACA to the Bureau.
                                               ADDRESSES: You may submit comments,
                                                                                                       estimate of the burden of the collection              The Advisory Council is a continuing
                                               identified by the title of the information
                                                                                                       of information, including the validity of             committee being re-established for the
                                               collection, Office of Management and
                                                                                                       the methods and the assumptions used;                 purposes of compliance with FACA and
                                               Budget (OMB) Control Number (see
                                               below), and docket number (see above),                  (c) Ways to enhance the quality, utility,             applicable statutes.
                                               by any of the following methods:                        and clarity of the information to be                     This committee is being established
                                                 • Electronic: http://                                 collected; and (d) Ways to minimize the               no less than 15 days after the
                                               www.regulations.gov. Follow the                         burden of the collection of information               publication of this notice by filing a
                                               instructions for submitting comments.                   on respondents, including through the                 charter with the Director of the Bureau
                                                 • Mail: Consumer Financial                            use of automated collection techniques                and with the Committee Management
                                               Protection Bureau (Attention: PRA                       or other forms of information                         Secretariat of the General Services
                                               Office), 1700 G Street NW., Washington,                 technology. Comments submitted in                     Administration, and furnishing the
                                               DC 20552.                                               response to this notice will be                       charter to the Library of Congress and
                                                 • Hand Delivery/Courier: Consumer                     summarized and/or included in the                     the Committee on Banking, Housing,
                                               Financial Protection Bureau (Attention:                 request for OMB approval. All                         and Urban Affairs of the United States
                                               PRA Office), 1275 First Street NE.,                     comments will become a matter of                      Senate and the Committee on Financial
                                               Washington, DC 20002.                                   public record.                                        Services of the United States House of
                                                 Please note that comments submitted                     Dated: February 16, 2017.                           Representatives. The charter will also be
                                               after the comment period will not be                    Darrin A. King,                                       posted on the Bureau’s Web site at
                                               accepted. In general, all comments                                                                            www.consumerfinance.gov. This charter
                                                                                                       Paperwork Reduction Act Officer, Bureau of
                                               received will become public records,                    Consumer Financial Protection.                        will expire two years after the filing date
                                               including any personal information                                                                            unless renewed by appropriate action.
                                                                                                       [FR Doc. 2017–03501 Filed 2–22–17; 8:45 am]
                                               provided. Sensitive personal                                                                                     The Advisory Council shall advise the
                                                                                                       BILLING CODE 4810–AM–P
                                               information, such as account numbers                                                                          Bureau in its exercise of its functions
                                               or Social Security numbers, should not                                                                        under the Federal consumer financial
                                               be included.                                                                                                  laws as they pertain to credit unions
                                                                                                       BUREAU OF CONSUMER FINANCIAL
                                               FOR FURTHER INFORMATION CONTACT:                        PROTECTION                                            with total assets of $10 billion or less.
                                               Documentation prepared in support of                                                                          To carry out the Advisory Council’s
                                               this information collection request is                  Establishment of Credit Union                         purpose, the scope of its activities shall
                                               available at www.regulations.gov.                       Advisory Council                                      include providing information, and
                                               Requests for additional information                                                                           analysis in support of recommendations
                                               should be directed to the Consumer                      AGENCY:  Bureau of Consumer Financial                 to the Bureau. The output of Advisory
                                               Financial Protection Bureau, (Attention:                Protection.                                           Council meetings should serve to better
                                               PRA Office), 1700 G Street NW.,                         ACTION: Notice.                                       inform the Bureau’s policy
                                               Washington, DC 20552, (202) 435–9575,                                                                         development, rulemaking, and
                                               or email: CFPB_PRA@cfpb.gov. Please                     SUMMARY:   The Consumer Financial                     engagement functions as they relate to
                                               do not submit comments to this                          Protection Bureau (‘‘Bureau’’), after                 credit unions.
                                               mailbox.                                                consultation with the Committee                          The duties of the Advisory Council
                                               SUPPLEMENTARY INFORMATION:                              Management Secretariat of the General                 are solely advisory and shall extend
                                                 Title of Collection: Student Loan                     Services Administration, will establish               only to the submission of advice and
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                                               Servicing Market Monitoring.                            the Credit Union Advisory Council                     recommendations to the Bureau relating
                                                 OMB Control Number: 3170–XXXX.                        (‘‘the Advisory Council’’) no less than               to the activities and operations of credit
                                                 Type of Review: New collection                        15 days from the effective date of this               unions, which shall be non-binding on
                                               (Request for a new OMB control                          notice. The Advisory Council was                      the Bureau. No determination of fact or
                                               number).                                                established to consult with the Bureau                policy will be made by the Advisory
                                                 Affected Public: Businesses and other                 in the exercise of its functions under the            Council, and the Advisory Council will
                                               for-profit entities.                                    federal consumer financial laws as they               have no formal decision-making role


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Document Created: 2017-02-23 02:10:57
Document Modified: 2017-02-23 02:10:57
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 April 24, 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 Citation82 FR 11440 

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