Bureau of Consumer Financial Protection June 14, 2012 – Federal Register Recent Federal Regulation Documents

Proposed Collection; Comment Request
Document Number: 2012-14592
Type: Notice
Date: 2012-06-14
Agency: Bureau of Consumer Financial Protection
The Bureau of Consumer Financial Protection (the ``CFPB'' or the ``Bureau''), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on a proposed information collection, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Bureau is soliciting comments concerning the information collection requirements relating to gather information from various depository and non-depository providers of consumer financial products and services (``providers'') regarding the compliance costs and other effects of proposed and existing regulations, pursuant to the Bureau's authorities under the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''), Public Law 111-203.
Request for Information Regarding Complaints From Private Education Loan Borrowers
Document Number: 2012-14588
Type: Notice
Date: 2012-06-14
Agency: Bureau of Consumer Financial Protection
Section 1035 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) established a Private Education Loan Ombudsman (Ombudsman) within the Consumer Financial Protection Bureau (Bureau) to provide timely assistance to borrowers of private education loans. Among other things, the Dodd-Frank Act directs the Ombudsman to ``compile and analyze data on borrower complaints'' regarding private education loans and make appropriate recommendations to the Director of the Bureau, the Secretary of the Treasury, the Secretary of Education, and Congress. In March 2012, the Bureau launched the intake of borrower complaints on private education loans. In order to ``compile and analyze data'' on complaints processed through other mechanisms, with this Notice and Request for Information, the Ombudsman seeks information on borrower complaints about private education loans.
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