Agency Information Collection Activities: Proposed Collection Renewal; Comment Request, 57751-57756 [2017-26424]

Download as PDF Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices the Farm Credit Administration Board (Board). DATES: The regular meeting of the Board will be held at the offices of the Farm Credit Administration in McLean, Virginia, on December 14, 2017, from 9:00 a.m. until such time as the Board concludes its business. ADDRESSES: Farm Credit Administration, 1501 Farm Credit Drive, McLean, Virginia 22102–5090. Submit attendance requests via email to VisitorRequest@FCA.gov. See SUPPLEMENTARY INFORMATION for further information about attendance requests. FOR FURTHER INFORMATION CONTACT: Dale L. Aultman, Secretary to the Farm Credit Administration Board, (703) 883– 4009, TTY (703) 883–4056, aultmand@ fca.gov. SUPPLEMENTARY INFORMATION: Parts of this meeting of the Board will be open to the public (limited space available) and parts will be closed to the public. Please send an email to VisitorRequest@ FCA.gov at least 24 hours before the meeting. In your email include: Name, postal address, entity you are representing (if applicable), and telephone number. You will receive an email confirmation from us. Please be prepared to show a photo identification when you arrive. If you need assistance for accessibility reasons, or if you have any questions, contact Dale L. Aultman, Secretary to the Farm Credit Administration Board, at (703) 883– 4009. The matters to be considered at the meeting are: Open Session A. Approval of Minutes • November 9, 2017 B. Reports • Quarterly Report on Economic Conditions and FCS Conditions • Semi-Annual Report on Office of Examination Operations Closed Session * • Office of Examination Quarterly Report Dated: December 5, 2017. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2017–26475 Filed 12–5–17; 11:15 am] sradovich on DSK3GMQ082PROD with NOTICES BILLING CODE 6705–01–P FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD Notice of Meeting Schedule Federal Accounting Standards Advisory Board. AGENCY: * Session Closed-Exempt pursuant to 5 U.S.C. 552b(c)(8) and (9). VerDate Sep<11>2014 18:50 Dec 06, 2017 Jkt 244001 Notice of Federal Advisory Committee meetings. ACTION: Board Action: Pursuant to 31 U.S.C. 3511(d), the Federal Advisory Committee Act, as amended (5 U.S.C. App.), and the FASAB Rules of Procedure, as amended in October, 2010, notice is hereby given that the Federal Accounting Standards Advisory Board (FASAB) will hold its meetings on the following dates unless otherwise noted. December 20 and 21, 2017 February 21 and 22, 2018 April 25 and 26, 2018 June 27 and 28, 2018 August 29 and 30, 2018 October 24 and 25, 2018 December 19 and 20, 2018 A portion of each meeting may be closed to the public. The purpose of the meetings is to discuss issues related to: Accounting and Reporting of Government Land Classified Activities Department of Defense Implementation Guidance Request Evaluation of Existing Standards Leases Note Disclosures Risk Assumed Any other topics as needed Unless otherwise noted, FASAB meetings begin at 9 a.m. and conclude before 5 p.m. and are held at the U.S. Government Accountability Office (GAO) Building at 441 G St. NW., in Room 7C13. Agendas and briefing materials will be available at http:// www.fasab.gov/briefing-materials/ approximately one week before each meeting. Any interested person may attend the meetings as an observer. Board discussion and reviews are open to the public except for those portions that are closed, as discussed below. GAO Building security requires advance notice of your attendance. If you wish to attend a FASAB meeting, please preregister on our Web site at http:// www.fasab.gov/pre-registration/ no later than 8 a.m. the Tuesday before the meeting to be observed. FOR FURTHER INFORMATION CONTACT: Wendy Payne, FASAB Executive Director, 441 G Street NW., Mailstop 6H19, Washington, DC 20548, or call (202) 512–7350. SUPPLEMENTARY INFORMATION: Notice is hereby given that FASAB may meet in closed session for a portion of each of its scheduled meetings listed above. Any closed session will not exceed five hours at each meeting. The reason for the closures is that matters covered by 5 U.S.C. 552b(c)(1) will be discussed. PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 57751 The discussions will involve matters of national defense that have been classified by appropriate authorities pursuant to Executive Order. A determination has been made in writing by the U.S. Government Accountability Office, the U.S. Department of the Treasury, and the Office of Management and Budget, as required by section 10(d) of the Federal Advisory Committee Act, 5 U.S.C. App., that such portions of the meetings may be closed to the public in accordance with subsection (c) of section 552b of title 5, United States Code. Authority: Federal Advisory Committee Act (5 U.S.C. App.), Government in the Sunshine Act (5 U.S.C. 552b). Dated: December 1, 2017. Wendy M. Payne, Executive Director. [FR Doc. 2017–26397 Filed 12–6–17; 8:45 am] BILLING CODE 1610–02–P FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewal; Comment Request Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. AGENCY: The FDIC, 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 the renewal of the existing information collection, as required by the Paperwork Reduction Act of 1995. Currently, the FDIC is soliciting comment on renewal of the information collection described below. DATES: Comments must be submitted on or before February 5, 2018. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods: • http://www.FDIC.gov/regulations/ laws/federal/notices.html. • Email: comments@fdic.gov. Include the name and number of the collection in the subject line of the message. • Mail: Manny Cabeza (202–898– 3767), Counsel, MB–3007, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street Building (located on F Street), on business days between 7:00 a.m. and 5:00 p.m. All comments should refer to the relevant OMB control number. A copy SUMMARY: E:\FR\FM\07DEN1.SGM 07DEN1 57752 Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices of the comments may also be submitted to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Manny Cabeza, at the FDIC address above. SUPPLEMENTARY INFORMATION: Proposal To Renew the Following Currently Approved Collections of Information 1. Title: Recordkeeping, Disclosure and Reporting Requirements in Connection with Regulation Z. OMB Number: 3064–0082. Form Number: None. Affected Public: State nonmember banks and state savings associations. General Description of Collection: Consumer Financial Protection Bureau (CFPB) Regulation Z—12 CFR 1026 To arrive at the estimated annual burden the FDIC assessed the number of potential respondents to the information collection by identifying the number of FDIC-supervised institutions who reported activity that would be within the scope of the information collection requirements according to data from the most recent CALL Report. Additionally, the FDIC estimated the frequency of responses to the recordkeeping, reporting, or disclosure requirements by assessing the dollar volume of activity that would be within the scope of the information collection. In some instances the FDIC used information provided by other sources to estimate the magnitude and scope of activity attributable to FDIC-supervised institutions when more immediate information sources did not exist. Burden Estimate: implements the Truth in Lending Act (15 U.S.C. 1601, et seq.) and certain provisions of the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.). This regulation prescribes uniform methods for computing the cost of credit, the disclosure of credit terms and costs, the resolution of errors and imposes various other recordkeeping, reporting and disclosure requirements. The FDIC has enforcement authority on the requirements of the CFPB’s Regulation over the financial institutions it supervises. This information collection captures the recordkeeping, reporting and disclosure burdens of Regulation Z on FDICsupervised institutions. The information collection is being revised to account for revisions and changes made to Regulation Z by the CFPB since this information collection was last submitted to OMB for clearance. IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE Obligation to respond/type of burden Estimated average number of credit Accounts Estimated number of respondents 1 Frequency of response Estimated time per response (minutes) Number of responses Total estimated annual burden (hours) Open-End Credit Products • Not Home-Secured Open-End Credit Plans Æ Credit and Charge Card Provisions Timely Settlement of Estate Debts (1026.11(c)(1)) Written Policies and Procedures. Ability to Pay (1026.51(a)(ii)) Written Policies and Procedures. Mandatory Recordkeeping. 1 N/A 1 1 480.00 6 Mandatory Recordkeeping. 1 N/A 1 1 480.00 6 Mortgage Products (Open and Closed-End) • Valuation Independence Æ Mandatory Reporting Implementation of Policies and Procedures (1026.42(g)). sradovich on DSK3GMQ082PROD with NOTICES Total Estimated Implementation Burden. VerDate Sep<11>2014 Mandatory Recordkeeping. ........................... 18:50 Dec 06, 2017 Jkt 244001 1 N/A 1 0 1,200.00 20 ........................ ........................ ........................ ........................ ........................ 32 Hours PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 E:\FR\FM\07DEN1.SGM 07DEN1 57753 Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE—Continued Obligation to respond/type of burden Estimated average number of credit Accounts Estimated number of respondents 1 Frequency of response Number of responses Estimated time per response (minutes) Total estimated annual burden (hours) Ongoing Burden Estimate Open-End Credit Products • Not Home-Secured Open-End Credit Plans Æ General Disclosure Rules for Not Home-Secured Open-End Credit Plans Credit and Charge Card Applications and Solicitations (1026.60). Account Opening Disclosures (1026.6(b)). Periodic Statements (1026.7(b)). Annual Statement of Billing Rights (1026.9(a)(1)). Alternative Summary Statement of Billing Rights (1026.9(a)(2)). Change in Terms Disclosures (1026.9(b) through (h)). Mandatory Disclosure. 634 N/A 1 634 480.00 5,072 Mandatory Disclosure. 634 N/A 1 634 720.00 7,608 Mandatory Disclosure. Mandatory Disclosure. 634 N/A 12 7,608 480.00 60,864 317 N/A 1 317 480.00 2,536 Voluntary Disclosure. 317 N/A 12 3,804 480.00 30,432 Mandatory Disclosure. 634 N/A 1 634 480.00 5,072 Æ Credit and Charge Card Provisions Timely Settlement of Estate Debts (1026.11(c)(2)). Ability to Pay (1026.51). College Student Credit Annual Report (1026.57(d)). Submission of Credit Card Agreements (1026.58(c)). Internet Posting of Credit Card Agreements (1026.58(d)). Individual Credit Card Agreements (1026.58(e)). Mandatory Disclosure. 634 428 1 271,352 5.00 22,613 Mandatory Recordkeeping. Mandatory Reporting. 634 N/A 1 634 720.00 7,608 634 N/A 1 634 480.00 5,072 Mandatory Reporting. 634 N/A 4 2,536 180.00 7,608 Mandatory Disclosure. 634 N/A 4 2,536 360.00 15,216 Mandatory Disclosure. 634 125 1 79,250 15.00 19,813 • Home Equity Open-End Credit Plans (HELOC) sradovich on DSK3GMQ082PROD with NOTICES Æ General Disclosure Rules for HELOC’s Application Disclosures (1026.40). Account Opening Disclosures (1026.6(a)). Periodic Statements (1026.7(a)). Annual Statement of Billing Rights (1026.9(a)(1)). Alternative Summary Statement of Billing Rights (1026.9(a)(2)). Change in Terms Disclosures (1026.9(b) through (h)). VerDate Sep<11>2014 Mandatory Disclosure. Mandatory Disclosure. 2,717 N/A 1 2,717 720.00 32,604 2,717 N/A 1 2,717 720.00 32,604 Mandatory Disclosure. Mandatory Disclosure. 2,717 N/A 1 2,717 480.00 21,736 2,717 N/A 1 2,717 480.00 21,736 Voluntary .......... Disclosure ......... 2,717 N/A 1 2,717 480.00 21,736 Mandatory Disclosure. 2,717 N/A 1 2,717 480.00 21,736 18:50 Dec 06, 2017 Jkt 244001 PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 E:\FR\FM\07DEN1.SGM 07DEN1 57754 Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE—Continued Obligation to respond/type of burden Notice to Restrict Credit (1026.9(c)(1)(iii); .40(f)(3)(i) and (vi)). Estimated average number of credit Accounts Estimated number of respondents 1 Mandatory Disclosure. 2,717 Frequency of response N/A Estimated time per response (minutes) Number of responses Total estimated annual burden (hours) 1 2,717 120.00 5,434 1 10,737,912 1.0 178,965 1 1 720.00 12 • All Open-End Credit Plans Error Resolution (1026.13). Mandatory Disclosure. 3,624 2,963 Closed-End Credit Products • General Rules for Closed-End Credit Other than Real Estate, Home-Secured and Private Education Loans (1026.17 and .18). Mandatory Disclosure. 1 N/A • Closed-End Mortgages Æ Application and Consummation Loan Estimate (1026.19(e); and .37). Closing Disclosure (1026.19(f); and .38). Record Retention of Disclosures (1026.19(e), (f); .37; and .38). Mandatory Disclosure. 3,628 N/A 1 3,628 480.00 29,204 Mandatory Disclosure. 3,628 N/A 1 3,628 480.00 29,204 Mandatory Recordkeeping. 3,628 N/A 1 3,628 18.00 1,088 Æ Post-Consummation Disclosures Interest Rate and Payment Summary (1026.18(s)). No Guarantee to Refinance Statement (1026.18(t)). ARMs Rate Adjustments with Payment Change Disclosures (1026.20(c)). Initial Rate Adjustment Disclosure for ARMs (1026.20(d)). Escrow Cancellation Notice (1026.20(e)). Periodic Statements (1026.41). Mandatory Disclosure. 3,628 N/A 1 3,628 2,400.00 145,120 Mandatory Disclosure. 3,628 N/A 1 3,628 480.00 29,204 Mandatory Disclosure. 3,628 N/A 1 3,628 90.00 5,442 Mandatory Disclosure. 3,628 N/A 1 3,628 120.00 7,256 Mandatory Disclosure. Mandatory Disclosure. 3,628 N/A 1 3,628 480.00 29,204 3,628 N/A 1 3,628 480.00 29,204 sradovich on DSK3GMQ082PROD with NOTICES ÆAbility to Repay Requirements Minimum Standards (1026.43(c) through (f)). Prepayment Penalties (1026.43(g)). VerDate Sep<11>2014 Mandatory Recordkeeping. 3,628 926 1 3,359,528 15.00 839,882 Mandatory Disclosure. 3,628 16 1 58,048 12.00 11.610 18:50 Dec 06, 2017 Jkt 244001 PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 E:\FR\FM\07DEN1.SGM 07DEN1 57755 Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE—Continued Obligation to respond/type of burden Estimated average number of credit Accounts Estimated number of respondents 1 Frequency of response Number of responses Estimated time per response (minutes) Total estimated annual burden (hours) Mortgage Products (Open and Closed-End) • Mortgage Servicing Disclosures Æ Payoff Statements Payoff Statements (1026.36(c)(3)). Mandatory Disclosure. 3,628 N/A 1 3,628 480.00 29,024 1 3,628 480.00 29,204 1 3,628 10.00 605 1 14 1,440.00 336 1 3,628 14.00 847 1 3,561 3,600.00 213,660 1 3,561 3,600.00 213,660 1 3,561 3,600.00 213,660 1 18,120 20.00 6,040 Æ Notice of Sale or Transfer Notice of Sale or Transfer (1026.39). Mandatory Disclosure. 3,628 N/A • Valuation Independence Æ Mandatory Reporting Reporting Appraiser Noncompliance (1026.42(g)). Mandatory Reporting. 3,628 1 Reverse and High-Cost Mortgages • Reverse Mortgages Æ Reverse Mortgage Disclosures Reverse Mortgage Disclosures (1026.31(c)(2) and .33). Mandatory Disclosure. 14 N/A • High-Cost Mortgage Loans Æ HOEPA Disclosures and Notice HOEPA Disclosures and Notice (1026.32(c). Mandatory Disclosure. 3,628 N/A Private Education Loans • Initial Disclosures Æ Application and Solicitation Disclosures Application or Solicitation Disclosures (1026.47(a)). Mandatory Disclosure. 3,561 N/A Æ Approval Disclosures Approval Disclosures (1026.47(b)). Mandatory Disclosure. 3,561 N/A Æ Final Disclosures sradovich on DSK3GMQ082PROD with NOTICES Final Disclosures (1026.47(c)). Mandatory Disclosure. 3,561 N/A Advertising Rules • All Credit Types Æ Open-End Credit Open-End Credit (1026.16). VerDate Sep<11>2014 Mandatory Disclosure. 21:30 Dec 06, 2017 Jkt 244001 3,624 PO 00000 Frm 00053 5 Fmt 4703 Sfmt 4703 E:\FR\FM\07DEN1.SGM 07DEN1 57756 Federal Register / Vol. 82, No. 234 / Thursday, December 7, 2017 / Notices IMPLEMENTATION (ONE-TIME) BURDEN ESTIMATE—Continued Obligation to respond/type of burden Estimated average number of credit Accounts Estimated number of respondents 1 Frequency of response Number of responses Estimated time per response (minutes) Total estimated annual burden (hours) Æ Closed-End Credit Closed-End Credit (1026.24). Mandatory Disclosure. 3,628 5 1 18,140 20.00 6,047 Record Retention • Evidence of Compliance Regulation Z in General (1026.25). Mandatory Recordkeeping. 3,652 N/A 1 3,652 18.00 1,096 Total Estimated Ongoing Burden. ........................... ........................ ........................ ........................ ........................ ........................ 2,396,494 Total Estimated Annual Burden. ........................... ........................ ........................ ........................ ........................ ........................ 2,396,526 FDIC estimates that all existing FDIC-supervised institutions have implemented the policies and procedures required by Regulation Z and will only face the estimated ongoing (transaction) burdens reflected in the table below. The respondent count of 1 is intended as a placeholder for the associated burden estimate to account for any institution(s) that may become subject to the information collection requirements in the future. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collection, including the validity of the methodology and 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. All comments will become a matter of public record. Dated at Washington, DC, this 4th day of December, 2017. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2017–26424 Filed 12–6–17; 8:45 am] BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION sradovich on DSK3GMQ082PROD with NOTICES Sunshine Act Meeting Tuesday, December 12, 2017 at 10:00 a.m. and its continuation at the Conclusion of the open meeting on December 14, 2017. PLACE: 999 E Street NW., Washington, DC. STATUS: This meeting will be closed to the public. TIME AND DATE: VerDate Sep<11>2014 18:50 Dec 06, 2017 Jkt 244001 Compliance matters pursuant to 52 U.S.C. 30109. * * * * * CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. MATTERS TO BE CONSIDERED: Laura E. Sinram, Deputy Secretary of the Commission. [FR Doc. 2017–26516 Filed 12–5–17; 4:15 pm] BILLING CODE 6715–01–P FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on any agreements to the Secretary, Federal Maritime Commission, Washington, DC 20573, within twelve days of the date this notice appears in the Federal Register. A copy of each agreement is available through the Commission’s Web site (www.fmc.gov) or by contacting the Office of Agreements at (202)–523–5793 or tradeanalysis@fmc.gov. Agreement No.: 201237. Title: MACS—CSAL Shipping Agreement. Parties: MACS Maritime Carrier Shipping Pte. Ltd. (MACS) and CSAL Canada-States-Africa Line Inc. (CSAL). Filing Party: Steven B. Chameides; Foley & Lardner LLP; Washington Harbour; 3000 K Street NW., Suite 600, Washington, DC 20007. PO 00000 Frm 00054 Fmt 4703 Sfmt 9990 Synopsis: The agreement authorizes CSAL and MACS to charter space to each other on an as-needed basis in the trade between the U.S. East and Gulf Coasts and ports in Africa. Agreement No.: 011931–008. Title: CMA CGM/Marfret Vessel Sharing Agreement for PAD Service. Parties: CMA CGM S.A. and Compagnie Maritime Marfret. Filing Party: Draughn B. Arbona, Esq.; Senior Counsel; CMA CGM (America), LLC. 5701 Lake Wright Drive, Norfolk, VA 23502–1868. Synopsis: This amendment increases the frequency of the service operated under this Agreement from fortnightly to weekly, and implements certain changes related to this transition to a weekly service. By Order of the Federal Maritime Commission. Dated: December 1, 2017. Rachel E. Dickon, Assistant Secretary. [FR Doc. 2017–26337 Filed 12–6–17; 8:45 am] BILLING CODE 6731–AA–P E:\FR\FM\07DEN1.SGM 07DEN1

Agencies

[Federal Register Volume 82, Number 234 (Thursday, December 7, 2017)]
[Notices]
[Pages 57751-57756]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-26424]


=======================================================================
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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: The FDIC, 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 the renewal of the 
existing information collection, as required by the Paperwork Reduction 
Act of 1995. Currently, the FDIC is soliciting comment on renewal of 
the information collection described below.

DATES: Comments must be submitted on or before February 5, 2018.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html.
     Email: comments@fdic.gov. Include the name and number of 
the collection in the subject line of the message.
     Mail: Manny Cabeza (202-898-3767), Counsel, MB-3007, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy

[[Page 57752]]

of the comments may also be submitted to the OMB desk officer for the 
FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Manny Cabeza, at the FDIC address 
above.

SUPPLEMENTARY INFORMATION: 

Proposal To Renew the Following Currently Approved Collections of 
Information

    1. Title: Recordkeeping, Disclosure and Reporting Requirements in 
Connection with Regulation Z.
    OMB Number: 3064-0082.
    Form Number: None.
    Affected Public: State nonmember banks and state savings 
associations.
    General Description of Collection: Consumer Financial Protection 
Bureau (CFPB) Regulation Z--12 CFR 1026 implements the Truth in Lending 
Act (15 U.S.C. 1601, et seq.) and certain provisions of the Real Estate 
Settlement Procedures Act (12 U.S.C. 2601 et seq.). This regulation 
prescribes uniform methods for computing the cost of credit, the 
disclosure of credit terms and costs, the resolution of errors and 
imposes various other recordkeeping, reporting and disclosure 
requirements. The FDIC has enforcement authority on the requirements of 
the CFPB's Regulation over the financial institutions it supervises. 
This information collection captures the recordkeeping, reporting and 
disclosure burdens of Regulation Z on FDIC-supervised institutions.
    The information collection is being revised to account for 
revisions and changes made to Regulation Z by the CFPB since this 
information collection was last submitted to OMB for clearance.
    To arrive at the estimated annual burden the FDIC assessed the 
number of potential respondents to the information collection by 
identifying the number of FDIC-supervised institutions who reported 
activity that would be within the scope of the information collection 
requirements according to data from the most recent CALL Report. 
Additionally, the FDIC estimated the frequency of responses to the 
recordkeeping, reporting, or disclosure requirements by assessing the 
dollar volume of activity that would be within the scope of the 
information collection. In some instances the FDIC used information 
provided by other sources to estimate the magnitude and scope of 
activity attributable to FDIC-supervised institutions when more 
immediate information sources did not exist.
    Burden Estimate:

                                                        Implementation (one-time) Burden Estimate
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                             Estimated       Estimated                                                         Total
                                  Obligation to respond/     number of    average number   Frequency of      Number of    Estimated time     estimated
                                      type of burden        respondents      of credit       response        responses     per response    annual burden
                                                                \1\          Accounts                                        (minutes)        (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                Open-End Credit Products
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                 Not Home-Secured Open-End Credit Plans
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         [cir] Credit and Charge Card Provisions
--------------------------------------------------------------------------------------------------------------------------------------------------------
Timely Settlement of Estate      Mandatory Recordkeeping               1             N/A               1               1          480.00               6
 Debts (1026.11(c)(1)) Written
 Policies and Procedures.
Ability to Pay (1026.51(a)(ii))  Mandatory Recordkeeping               1             N/A               1               1          480.00               6
 Written Policies and
 Procedures.
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Mortgage Products (Open and Closed-End)
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Valuation Independence
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                [cir] Mandatory Reporting
--------------------------------------------------------------------------------------------------------------------------------------------------------
Implementation of Policies and   Mandatory Recordkeeping               1             N/A               1               0        1,200.00              20
 Procedures (1026.42(g)).
                                                         -----------------------------------------------------------------------------------------------
    Total Estimated              .......................  ..............  ..............  ..............  ..............  ..............        32 Hours
     Implementation Burden.
--------------------------------------------------------------------------------------------------------------------------------------------------------

[[Page 57753]]

 
                                                                 Ongoing Burden Estimate
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                Open-End Credit Products
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                 Not Home-Secured Open-End Credit Plans
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                        [cir] General Disclosure Rules for Not Home-Secured Open-End Credit Plans
--------------------------------------------------------------------------------------------------------------------------------------------------------
Credit and Charge Card           Mandatory Disclosure...             634             N/A               1             634          480.00           5,072
 Applications and Solicitations
 (1026.60).
Account Opening Disclosures      Mandatory Disclosure...             634             N/A               1             634          720.00           7,608
 (1026.6(b)).
Periodic Statements (1026.7(b))  Mandatory Disclosure...             634             N/A              12           7,608          480.00          60,864
Annual Statement of Billing      Mandatory Disclosure...             317             N/A               1             317          480.00           2,536
 Rights (1026.9(a)(1)).
Alternative Summary Statement    Voluntary Disclosure...             317             N/A              12           3,804          480.00          30,432
 of Billing Rights
 (1026.9(a)(2)).
Change in Terms Disclosures      Mandatory Disclosure...             634             N/A               1             634          480.00           5,072
 (1026.9(b) through (h)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         [cir] Credit and Charge Card Provisions
--------------------------------------------------------------------------------------------------------------------------------------------------------
Timely Settlement of Estate      Mandatory Disclosure...             634             428               1         271,352            5.00          22,613
 Debts (1026.11(c)(2)).
Ability to Pay (1026.51).......  Mandatory Recordkeeping             634             N/A               1             634          720.00           7,608
College Student Credit Annual    Mandatory Reporting....             634             N/A               1             634          480.00           5,072
 Report (1026.57(d)).
Submission of Credit Card        Mandatory Reporting....             634             N/A               4           2,536          180.00           7,608
 Agreements (1026.58(c)).
Internet Posting of Credit Card  Mandatory Disclosure...             634             N/A               4           2,536          360.00          15,216
 Agreements (1026.58(d)).
Individual Credit Card           Mandatory Disclosure...             634             125               1          79,250           15.00          19,813
 Agreements (1026.58(e)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                               Home Equity Open-End Credit Plans (HELOC)
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                       [cir] General Disclosure Rules for HELOC's
--------------------------------------------------------------------------------------------------------------------------------------------------------
Application Disclosures          Mandatory Disclosure...           2,717             N/A               1           2,717          720.00          32,604
 (1026.40).
Account Opening Disclosures      Mandatory Disclosure...           2,717             N/A               1           2,717          720.00          32,604
 (1026.6(a)).
Periodic Statements (1026.7(a))  Mandatory Disclosure...           2,717             N/A               1           2,717          480.00          21,736
Annual Statement of Billing      Mandatory Disclosure...           2,717             N/A               1           2,717          480.00          21,736
 Rights (1026.9(a)(1)).
Alternative Summary Statement    Voluntary..............           2,717             N/A               1           2,717          480.00          21,736
 of Billing Rights               Disclosure.............
 (1026.9(a)(2)).
Change in Terms Disclosures      Mandatory Disclosure...           2,717             N/A               1           2,717          480.00          21,736
 (1026.9(b) through (h)).

[[Page 57754]]

 
Notice to Restrict Credit        Mandatory Disclosure...           2,717             N/A               1           2,717          120.00           5,434
 (1026.9(c)(1)(iii);
 .40(f)(3)(i) and (vi)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                       All Open-End Credit Plans
--------------------------------------------------------------------------------------------------------------------------------------------------------
Error Resolution (1026.13).....  Mandatory Disclosure...           3,624           2,963               1      10,737,912             1.0         178,965
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                               Closed-End Credit Products
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                  General Rules for Closed-End Credit
--------------------------------------------------------------------------------------------------------------------------------------------------------
Other than Real Estate, Home-    Mandatory Disclosure...               1             N/A               1               1          720.00              12
 Secured and Private Education
 Loans (1026.17 and .18).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          Closed-End Mortgages
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           [cir] Application and Consummation
--------------------------------------------------------------------------------------------------------------------------------------------------------
Loan Estimate (1026.19(e); and   Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
 .37).
Closing Disclosure (1026.19(f);  Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
 and .38).
Record Retention of Disclosures  Mandatory Recordkeeping           3,628             N/A               1           3,628           18.00           1,088
 (1026.19(e), (f); .37; and
 .38).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           [cir] Post-Consummation Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interest Rate and Payment        Mandatory Disclosure...           3,628             N/A               1           3,628        2,400.00         145,120
 Summary (1026.18(s)).
No Guarantee to Refinance        Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
 Statement (1026.18(t)).
ARMs Rate Adjustments with       Mandatory Disclosure...           3,628             N/A               1           3,628           90.00           5,442
 Payment Change Disclosures
 (1026.20(c)).
Initial Rate Adjustment          Mandatory Disclosure...           3,628             N/A               1           3,628          120.00           7,256
 Disclosure for ARMs
 (1026.20(d)).
Escrow Cancellation Notice       Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
 (1026.20(e)).
Periodic Statements (1026.41)..  Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           [cir]Ability to Repay Requirements
--------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum Standards (1026.43(c)    Mandatory Recordkeeping           3,628             926               1       3,359,528           15.00         839,882
 through (f)).
Prepayment Penalties             Mandatory Disclosure...           3,628              16               1          58,048           12.00          11.610
 (1026.43(g)).
--------------------------------------------------------------------------------------------------------------------------------------------------------

[[Page 57755]]

 
                                                         Mortgage Products (Open and Closed-End)
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     Mortgage Servicing Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                 [cir] Payoff Statements
--------------------------------------------------------------------------------------------------------------------------------------------------------
Payoff Statements                Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,024
 (1026.36(c)(3)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                            [cir] Notice of Sale or Transfer
--------------------------------------------------------------------------------------------------------------------------------------------------------
Notice of Sale or Transfer       Mandatory Disclosure...           3,628             N/A               1           3,628          480.00          29,204
 (1026.39).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Valuation Independence
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                [cir] Mandatory Reporting
--------------------------------------------------------------------------------------------------------------------------------------------------------
Reporting Appraiser              Mandatory Reporting....           3,628               1               1           3,628           10.00             605
 Noncompliance (1026.42(g)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                             Reverse and High-Cost Mortgages
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           Reverse Mortgages
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           [cir] Reverse Mortgage Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
Reverse Mortgage Disclosures     Mandatory Disclosure...              14             N/A               1              14        1,440.00             336
 (1026.31(c)(2) and .33).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                        High-Cost Mortgage Loans
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                           [cir] HOEPA Disclosures and Notice
--------------------------------------------------------------------------------------------------------------------------------------------------------
HOEPA Disclosures and Notice     Mandatory Disclosure...           3,628             N/A               1           3,628           14.00             847
 (1026.32(c).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                 Private Education Loans
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          Initial Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     [cir] Application and Solicitation Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
Application or Solicitation      Mandatory Disclosure...           3,561             N/A               1           3,561        3,600.00         213,660
 Disclosures (1026.47(a)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                               [cir] Approval Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
Approval Disclosures             Mandatory Disclosure...           3,561             N/A               1           3,561        3,600.00         213,660
 (1026.47(b)).
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                 [cir] Final Disclosures
--------------------------------------------------------------------------------------------------------------------------------------------------------
Final Disclosures (1026.47(c)).  Mandatory Disclosure...           3,561             N/A               1           3,561        3,600.00         213,660
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                    Advertising Rules
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                            All Credit Types
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                  [cir] Open-End Credit
--------------------------------------------------------------------------------------------------------------------------------------------------------
Open-End Credit (1026.16)......  Mandatory Disclosure...           3,624               5               1          18,120           20.00           6,040
--------------------------------------------------------------------------------------------------------------------------------------------------------

[[Page 57756]]

 
                                                                 [cir] Closed-End Credit
--------------------------------------------------------------------------------------------------------------------------------------------------------
Closed-End Credit (1026.24)....  Mandatory Disclosure...           3,628               5               1          18,140           20.00           6,047
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                    Record Retention
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Evidence of Compliance
--------------------------------------------------------------------------------------------------------------------------------------------------------
Regulation Z in General          Mandatory Recordkeeping           3,652             N/A               1           3,652           18.00           1,096
 (1026.25).
                                ------------------------------------------------------------------------------------------------------------------------
    Total Estimated Ongoing      .......................  ..............  ..............  ..............  ..............  ..............       2,396,494
     Burden.
                                ------------------------------------------------------------------------------------------------------------------------
    Total Estimated Annual       .......................  ..............  ..............  ..............  ..............  ..............       2,396,526
     Burden.
--------------------------------------------------------------------------------------------------------------------------------------------------------
 FDIC estimates that all existing FDIC-supervised institutions have implemented the policies and procedures required by Regulation Z and will only face
  the estimated ongoing (transaction) burdens reflected in the table below. The respondent count of 1 is intended as a placeholder for the associated
  burden estimate to account for any institution(s) that may become subject to the information collection requirements in the future.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility; (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and 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. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 4th day of December, 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-26424 Filed 12-6-17; 8:45 am]
 BILLING CODE 6714-01-P