60-Day Notice of Proposed Information Collection: Home Mortgage Disclosure Act (HMDA) Loan/Application Register
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is req...
[Docket No. FR-7110-N-05; OMB Control No.: 2502-0539]
AGENCY:
Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD.
ACTION:
Notice.
SUMMARY:
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comments from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.
DATES:
Comments Due Date:
January 4, 2027.
ADDRESSES:
Interested persons are invited to submit comments regarding this proposal.
Written comments and recommendations for the proposed information collection can be sent within 60 days of publication of this notice to
www.regulations.gov.
Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Darian Ziegler, PRA Liaison, Department of Housing and Urban Development, 451 7th Street SW, Room 9139-37, Washington, DC 20410.
FOR FURTHER INFORMATION CONTACT:
Darian Ziegler, PRA Liaison, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email;
Darian.Ziegler@hud.gov,
telephone (202) 402-4144. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities.To learn more about how to make an accessible telephone call, please visit
www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.
Copies of available supporting documents for the proposed collection may be obtained from Ms. Ziegler.
SUPPLEMENTARY INFORMATION:
This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A.
A. Overview of Information Collection
Title of Information Collection:
Home Mortgage Disclosure Act (HMDA). Loan/Application Register.
OMB Approval Number:
2502-0539.
Type of Request:
Reinstatement with change.
Form Number:
HMDA Reporting (FR HMDA-LAR-3, FR HMDA-LAR-4, LOAN/APPLICATION REGISTER).
Description of the need for the information and proposed use:
In accordance with the Paperwork Reduction Act, HUD is requesting comments from all interested parties on the proposed collection of information.
Respondents:
Mortgagee/Lenders.
Estimated Number of Respondents:
907.
Estimated Number of Responses:
907.
Frequency of Response:
Annual.
Average Hours per Response:
1,545.
Total Estimated Burdens:
1,401,315.
Information collection requirement
Number of
respondents
Frequency
Annual
responses
Average
response
time
(hours)
Annual
burden
hours
Hourly
costs
Annual
cost
HMDA Reporting Requirements
907
1
907
1,545
1,401,315
$56.28
$78,866,008
B. Solicitation of Public Comment
This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:
(1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility;
(2) The accuracy of the agency's estimate of the burden of the proposed collection of information;
(3) Ways to enhance the quality, utility, and clarity of the information to be collected; and
(4) Ways to minimize the burden of the collection of information on those who are to respond; including through the use of appropriate automated collection techniques or other forms of information technology,
e.g.,
permitting electronic submission of responses.
HUD encourages interested parties to submit comments in response to these questions.
www.regulations.gov
www.fcc.gov/consumers/guides/telecommunications-relay-service-trs
44 U.S.C. 3507