Agency Information Collection Activities: Comment Request, 73170 [2015-29815]
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73170
Federal Register / Vol. 80, No. 226 / Tuesday, November 24, 2015 / Notices
includes measurable goals and
initiatives, in consultation with the
Financial Literacy and Education
Commission, consistent with the
National Strategy for Financial Literacy.
In addition, the Office of Financial
Protection for Older Americans within
the Bureau is charged with conducting
research to identify methods and
strategies to educate and counsel
seniors, and developing goals for
programs that provide seniors with
financial literacy and counseling.
Through prior research, the Bureau
has determined that improvement in
consumer financial well-being is the
ultimate goal of such financial literacy
initiatives. In order to inform our
identification and development of
financial literacy strategies that
explicitly seek to improve consumer
financial well-being, the Bureau plans to
conduct a nationally representative
survey to measure adult financial wellbeing and related concepts, as well as an
oversample of adults age 62 and older
to gather additional data relevant to the
needs and experiences of older
consumers. The specific goals of the
survey are to (1) measure the level of
financial well-being of American adults
and key sub-populations; (2)
quantitatively test previously developed
hypotheses about the specific types of
knowledge, behavior, traits and skills
that may support higher levels of
financial well-being; and (3) produce
fully de-identified public use data files
that will allow external researchers to
examine additional questions about
financial well-being and its drivers.
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 Office of Management and
Budget (OMB) approval. All comments
will become a matter of public record.
VerDate Sep<11>2014
17:20 Nov 23, 2015
Jkt 238001
Dated: November 17, 2015.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of
Consumer Financial Protection.
[FR Doc. 2015–29816 Filed 11–23–15; 8:45 am]
BILLING CODE 4810–AM–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
[Docket No: CFPB–2015–0050]
Agency Information Collection
Activities: Comment Request
Bureau of Consumer Financial
Protection.
ACTION: Notice and request for comment.
AGENCY:
In accordance with the
Paperwork Reduction Act of 1995
(PRA), the Consumer Financial
Protection Bureau (Bureau) is requesting
to renew the Office of Management and
Budget (OMB) approval for an existing
information collection titled,
‘‘Homeownership Counseling
Amendments to the Real Estate
Settlement Procedures Act (Regulation
X) 12 CFR 1024.’’
DATES: Written comments are
encouraged and must be received on or
before January 25, 2016 to be assured of
consideration.
ADDRESSES: You may submit comments,
identified by the title of the information
collection, OMB Control Number (see
below), and docket number (see above),
by any of the following methods:
• Electronic: https://
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,
SUMMARY:
PO 00000
Frm 00009
Fmt 4703
Sfmt 9990
or email: PRA@cfpb.gov. Please do not
submit comments to this mailbox.
SUPPLEMENTARY INFORMATION:
Title of Collection: Homeownership
Counseling Amendments to the Real
Estate Settlement Procedures Act
(Regulation X) 12 CFR 1024.
OMB Control Number: 3170–0025.
Type of Review: Request approval for
an existing information collection.
Affected Public: Businesses and other
for-profit entities.
Estimated Number of Respondents:
2,259.
Estimated Total Annual Burden
Hours: 117,500.
Abstract: Regulation X implements
the Real Estate Settlement Procedures
Act, ensures that consumers are
provided with more helpful information
about the cost of the mortgage
settlement and protected from
unnecessarily high settlement charges
caused by certain abusive practices.
Regulation X contains information
collections in the form of third party
disclosures and recordkeeping
requirements.
This amendment to Regulation X
requires lenders to provide mortgage
applicants a list of certified
homeownership counselors at or soon
after the time of their application. This
requirement is meant to help applicants
be informed about the process of
applying for a mortgage, and receive
additional non-biased guidance if
desired.
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 Office of Management and
Budget (OMB) approval. All comments
will become a matter of public record.
Dated: November 18, 2015.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of
Consumer Financial Protection.
[FR Doc. 2015–29815 Filed 11–23–15; 8:45 am]
BILLING CODE 4810–AM–P
E:\FR\FM\24NON1.SGM
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]]>Agencies
[Federal Register Volume 80, Number 226 (Tuesday, November 24, 2015)]
[Notices]
[Page 73170]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29815]
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No: CFPB-2015-0050]
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 Consumer Financial Protection Bureau (Bureau) is requesting to
renew the Office of Management and Budget (OMB) approval for an
existing information collection titled, ``Homeownership Counseling
Amendments to the Real Estate Settlement Procedures Act (Regulation X)
12 CFR 1024.''
DATES: Written comments are encouraged and must be received on or
before January 25, 2016 to be assured of consideration.
ADDRESSES: You may submit comments, identified by the title of the
information collection, OMB Control Number (see below), and docket
number (see above), by any of the following methods:
Electronic: https://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: PRA@cfpb.gov. Please do not submit comments to this mailbox.
SUPPLEMENTARY INFORMATION:
Title of Collection: Homeownership Counseling Amendments to the
Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.
OMB Control Number: 3170-0025.
Type of Review: Request approval for an existing information
collection.
Affected Public: Businesses and other for-profit entities.
Estimated Number of Respondents: 2,259.
Estimated Total Annual Burden Hours: 117,500.
Abstract: Regulation X implements the Real Estate Settlement
Procedures Act, ensures that consumers are provided with more helpful
information about the cost of the mortgage settlement and protected
from unnecessarily high settlement charges caused by certain abusive
practices. Regulation X contains information collections in the form of
third party disclosures and recordkeeping requirements.
This amendment to Regulation X requires lenders to provide mortgage
applicants a list of certified homeownership counselors at or soon
after the time of their application. This requirement is meant to help
applicants be informed about the process of applying for a mortgage,
and receive additional non-biased guidance if desired.
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 Office of
Management and Budget (OMB) approval. All comments will become a matter
of public record.
Dated: November 18, 2015.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial
Protection.
[FR Doc. 2015-29815 Filed 11-23-15; 8:45 am]
BILLING CODE 4810-AM-P
