Privacy Act of 1974; System of Records

In accordance with the Privacy Act of 1974, as amended, the Bureau of Consumer Financial Protection (Bureau) provides notice that it is rescinding CFPB.012 Interstate Land Sales Registration Files from its inventory of record systems. The Interstate Land Sales Registration Program (ILS Program) was developed as required by Interstate Land Sales Full Disclosure Act of 1968. Originally, the Department of Housing and Urban Development (HUD) maintained the ILS Program; ownership of this program transferred from HUD to the Bureau as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The ILS Program maintains information submitted by developers of land or other individuals offering 25 or more lots for sale and using any means or instruments of interstate commerce (including the mails) in promoting or selling properties pursuant to the requirements of the Interstate Land Sales Full Disclosure Act, and in the administration and management of the Interstate Land Sales Registration Program. The Bureau is rescinding this System of Records Notice because the ILS Program collects no individual identifiers on which searches are conducted, thereby making a System of Records Notice unnecessary.