[Federal Register Volume 59, Number 47 (Thursday, March 10, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5464]


[[Page Unknown]]

[Federal Register: March 10, 1994]


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FEDERAL RESERVE SYSTEM

 

Agency Forms Under Review

Background

    Notice is hereby given of the final approval of proposed 
information collection(s) by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority, as per 5 CFR 
1320.9 (OMB Regulations on Controlling Paperwork Burdens on the 
Public).
FOR FURTHER INFORMATION CONTACT: Mary M. McLaughlin, Federal Reserve 
Board Clearance Officer (202-452-3829), Division of Research and 
Statistics, Board of Governors of the Federal Reserve System, 
Washington, DC 20551. Gary Waxman, OMB Desk Officer (202-395-7340), 
Office of Information and Regulatory Affairs, Office of Management and 
Budget, New Executive Office Building, Room 3208, Washington, DC 20503.

Final approval under OMB delegated authority the extension, without 
revision, of the following report(s):

1. Report title: HMDA/Loan Application Register
Agency form number: HMDA/LAR
OMB Docket number: 7100-0247
Frequency: Annual
Reporters: Depository institutions and other lenders covered by the 
Federal Reserve Board's Regulation C
Annual reporting hours: 114,840
Estimated average hours per response: 200 for state member banks; 160 
for mortgage banking subsidiaries
Number of respondents: 507 state member banks; 84 mortgage banking 
subsidiaries
Small businesses are not affected.
General description of report: This information collection is mandatory 
(12 U.S.C. 280-2810; 12 CFR part 203) and is not given confidential 
treatment.
    The Federal Reserve Board's Regulation C implements HMDA; it 
requires depository institutions and other covered lenders to report 
information each year that shows a geographic breakdown of their 
residential mortgage applications, and loans made and purchased.
2. Report title: The Quarterly Gasoline Company Report
Agency form number: FR 2580
OMB Docket number: 7100-0009
Frequency: Quarterly
Reporters: Gasoline Companies
Annual reporting hours: 6
Estimated average hours per response: 0.15
Number of respondents: 10
Small businesses are not affected.
General description of report: This information collection is voluntary 
(12 U.S.C. 263, 461, and 353 et seq.) and is given confidential 
treatment under the Freedom of Information Act (5 U.S.C. 552 (b)(4)).
    This report is used to collect information on outstanding balances 
on retail credit card accounts at gasoline companies.

Final approval under OMB delegated authority the extension, with 
revision, of the following report(s):

1. Report title: The Monthly Commercial Bank Report on Consumer Credit
Agency form number: FR 2571
OMB Docket number: 7100-0080
Frequency: Monthly
Reporters: Commercial banks
Annual reporting hours: 2,880
Estimated average hours per response: 0.6
Number of respondents: 400
Small businesses are not affected.
General description of report: This information collection is voluntary 
(12 U.S.C. 255(a) and 248(a)(2)) and is given confidential treatment 
under the Freedom of Information Act (5 U.S.C. 552(b)(4)).
    This report is used to collect information on consumer loans 
outstanding at the domestic offices of a sample of 400 commercial 
banks.
2. Report title: The Quarterly Report of Interest Rates on Selected 
Direct Consumer Installment Loans
Agency form number: FR 2835
OMB Docket number: 7100-0085
Frequency: Quarterly
Reporters: Commercial Banks
Annual reporting hours: 105
Estimated average hours per response: 0.15
Number of respondents: 175
Small businesses are not affected.
General description of report: This information collection is voluntary 
(12 U.S.C. 248(a)(2)) and is not given confidential treatment.
    This report collects the ``most common'' rate charged at a sample 
of 175 commercial banks on two types of consumer loans: auto loans and 
closed-end personal loans.

Final approval under OMB delegated authority the implementation of 
the following report:

1. Report title: The Quarterly Report of Credit Card Interest Rates
Agency form number: FR 2835a
OMB Docket number: 7100-0085
Frequency: Quarterly
Reporters: Commercial banks
Annual reporting hours: 300
Estimated average hours per response: .50
Number of respondents: 150
Small businesses are not affected.
General description of report: This information collection is voluntary 
(12 U.S.C. 248(a)(2)) and is given confidential treatment under the 
Freedom of Information Act (5 U.S.C. 552(b)(4)).
    This new report would collect information on two measures of credit 
card interest rates from a sample of 150 depository institutions. The 
data would be viewed as representative of interest rates at all banks 
by including all large issuers and an appropriate sampling of other 
issuers.

    Board of Governors of the Federal Reserve System, March 4, 1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-5464 Filed 3-9-94; 8:45 am]
BILLING CODE 6210-01-F