Submission for OMB Review; Comment Request, 25439 [2012-10287]
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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
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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]
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
Submission for OMB Review; Comment Request
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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