Submission for OMB Review; Comment Request, 25439 [2012-10287]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 83 / Monday, April 30, 2012 / Notices information from state, local, and tribal governments related to the Bureau’s exercise of its functions under the Dodd Frank Act. These governments interact closely with consumers and are critical partners in promoting transparency and competition in the marketplace, preventing unfair and unlawfully discriminatory practices, and enforcing consumer financial laws. The information collected through the Office of Intergovernmental Affairs Outreach Activities will be shared, as appropriate, within the Bureau in the exercise of its functions, such as the Bureau’s financial education, rulemaking, market monitoring, outreach to traditionally underserved populations, fair lending monitoring, supervision, and enforcement functions. The information collected may be used to form policies and programs presented to state, local, and tribal governments, as well as to other federal agencies and the general public. Nearly all information collection will involve the use of electronic communication or other forms of information technology and telephonic means. Current Actions: Request for new approval of collection activities. Type of Review: New collection. Affected Public: State, Local, or Tribal Governments. Estimated Number of Responses: 1,600. Estimated Time per Respondent: 2 hours. Estimated Total Annual Burden Hours: 3,200. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Request for Comments: 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. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology 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. VerDate Mar<15>2010 17:59 Apr 27, 2012 Jkt 226001 Dated: April 24, 2012, Chris Willey, Chief Information Officer, Bureau of Consumer Financial Protection. [FR Doc. 2012–10288 Filed 4–27–12; 8:45 am] BILLING CODE 4810–AM–P BUREAU OF CONSUMER FINANCIAL PROTECTION Submission for OMB Review; Comment Request Bureau of Consumer Financial Protection. ACTION: Notice and request for comments. AGENCY: The Bureau of Consumer Financial Protection (Bureau), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3507(a)(1)(D)). The Bureau is soliciting comments regarding the information collection requirements relating to the Mortgage Assistance Relief Services that have been submitted to the Office of Management and Budget for review and approval. A copy of the submission may be obtained by contacting the agency contact listed below. DATES: Written comments are encouraged and must be received on or before May 30, 2012 to be assured of consideration. SUMMARY: You may submit comments, identified by OMB number 3170–0008, by any of the following methods: • Agency Contact: Consumer Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW., Washington, DC 20552: (202) 435–7741: CFPB_Public_PRA@cfpb.gov. • OMB Reviewer: Shagufta Ahmed, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503; (202) 395–7873. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to Joseph Durbala, (202) 435–7893, at the Consumer Financial Protection Bureau, (Attention: Joseph Durbala, PRA Office), 1700 G Street NW., Washington, DC 20552, or through the internet at CFPB_Public_PRA@cfpb.gov. ADDRESSES: SUPPLEMENTARY INFORMATION: Title: Home Mortgage Disclosure Act (Regulation C) 12 CFR Part 1003. OMB Number: 3170–0008. PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 25439 Abstract: The Home Mortgage Disclosure Act (HMDA) requires most mortgage lenders lending in metropolitan areas to collect data about their housing-related lending activity. Annually, lenders must report those data to the appropriate Federal agencies and make the data available to the public. The CFPB’s regulation requires covered financial institutions that meet certain thresholds to maintain data about home loan applications (e.g., the type of loan requested, the purpose of the loan, whether the loan was approved, and the type of purchaser if the loan was later sold), to update the information quarterly, and to report the information annually. The purpose of the information collection is: (i) To help determine whether financial institutions are serving the housing needs of their communities; (ii) to assist public officials in distributing public-sector investment so as to attract private investment to areas where it is needed; and (iii) to assist in identifying possible discriminatory lending patterns and enforcing antidiscrimination statutes. The information collection will assist the CFPB’s examiners, and examiners of other Federal supervisory agencies, in determining that the financial institutions they supervise comply with applicable provisions of HMDA. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for profits. Estimated Number of Responses: 23,453. Estimated Time per Response: 6 hours 34 minutes. Estimated Total Annual Burden Hours: 154,000. Dated: April 6, 2012. Chris Willey, Chief Information Officer, Bureau of Consumer Financial Protection. [FR Doc. 2012–10287 Filed 4–27–12; 8:45 am] BILLING CODE 4810–AM–P BUREAU OF CONSUMER FINANCIAL PROTECTION Submission for OMB Review; Comment Request Bureau of Consumer Financial Protection. ACTION: Notice and request for comments. AGENCY: The Bureau of Consumer Financial Protection (Bureau), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this SUMMARY: E:\FR\FM\30APN1.SGM 30APN1

Agencies

[Federal Register Volume 77, Number 83 (Monday, April 30, 2012)]
[Notices]
[Page 25439]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-10287]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Submission for OMB Review; Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comments.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau), as part 
of its continuing effort to reduce paperwork and respondent burden, 
invites the general public and other Federal agencies to take this 
opportunity to comment on proposed and/or continuing information 
collections, as required by the Paperwork Reduction Act of 1995, Public 
Law 104-13 (44 U.S.C. 3507(a)(1)(D)). The Bureau is soliciting comments 
regarding the information collection requirements relating to the 
Mortgage Assistance Relief Services that have been submitted to the 
Office of Management and Budget for review and approval. A copy of the 
submission may be obtained by contacting the agency contact listed 
below.

DATES: Written comments are encouraged and must be received on or 
before May 30, 2012 to be assured of consideration.

ADDRESSES: You may submit comments, identified by OMB number 3170-0008, 
by any of the following methods:
     Agency Contact: Consumer Financial Protection Bureau 
(Attention: PRA Office), 1700 G Street NW., Washington, DC 20552: (202) 
435-7741: CFPB_Public_PRA@cfpb.gov.
     OMB Reviewer: Shagufta Ahmed, Office of Management and 
Budget, New Executive Office Building, Room 10235, Washington, DC 
20503; (202) 395-7873.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Joseph Durbala, (202) 435-7893, at the Consumer 
Financial Protection Bureau, (Attention: Joseph Durbala, PRA Office), 
1700 G Street NW., Washington, DC 20552, or through the internet at 
CFPB_Public_PRA@cfpb.gov.

SUPPLEMENTARY INFORMATION:
    Title: Home Mortgage Disclosure Act (Regulation C) 12 CFR Part 
1003.
    OMB Number: 3170-0008.
    Abstract: The Home Mortgage Disclosure Act (HMDA) requires most 
mortgage lenders lending in metropolitan areas to collect data about 
their housing-related lending activity. Annually, lenders must report 
those data to the appropriate Federal agencies and make the data 
available to the public. The CFPB's regulation requires covered 
financial institutions that meet certain thresholds to maintain data 
about home loan applications (e.g., the type of loan requested, the 
purpose of the loan, whether the loan was approved, and the type of 
purchaser if the loan was later sold), to update the information 
quarterly, and to report the information annually. The purpose of the 
information collection is: (i) To help determine whether financial 
institutions are serving the housing needs of their communities; (ii) 
to assist public officials in distributing public-sector investment so 
as to attract private investment to areas where it is needed; and (iii) 
to assist in identifying possible discriminatory lending patterns and 
enforcing antidiscrimination statutes.
    The information collection will assist the CFPB's examiners, and 
examiners of other Federal supervisory agencies, in determining that 
the financial institutions they supervise comply with applicable 
provisions of HMDA.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for profits.
    Estimated Number of Responses: 23,453.
    Estimated Time per Response: 6 hours 34 minutes.
    Estimated Total Annual Burden Hours: 154,000.

    Dated: April 6, 2012.
Chris Willey,
Chief Information Officer, Bureau of Consumer Financial Protection.
[FR Doc. 2012-10287 Filed 4-27-12; 8:45 am]
BILLING CODE 4810-AM-P