[Federal Register Volume 70, Number 25 (Tuesday, February 8, 2005)]
[Notices]
[Page 6684]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-2330]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval under Delegated Authority and Submission to OMB

SUMMARY: 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 
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the OMB 83-Is and supporting statements and 
approved collection of information instrument(s) are placed into OMB's 
public docket files. The Federal Reserve may not conduct or sponsor, 
and the respondent is not required to respond to, an information 
collection that has been extended, revised, or implemented on or after 
October 1, 1995, unless it displays a currently valid OMB control 
number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer-Michelle Long-Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829)
    OMB Desk Officer-Mark Menchik-Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235, Washington, DC 20503, or email to mmenchik-omb.eop.gov

Final approval under OMB delegated authority of the extension for three 
years, without revision, of the following report:

    Report title: Home Mortgage Disclosure Act (HMDA) Loan/Application 
Register.
    Agency form number: FR HMDA-LAR.
    OMB control number: 7100-0247.
    Frequency: Annual.
    Reporters: State member banks, subsidiaries of state member banks, 
subsidiaries of bank holding companies, U.S. branches and agencies of 
foreign banks (other than federal branches, federal agencies, and 
insured state branches of foreign banks), commercial lending companies 
owned or controlled by foreign banks, organizations under section 25 or 
25A of the Federal Reserve Act.
    Annual reporting hours: 150,942 hours.
    Estimated average hours per response: State member banks, 242 
hours; and mortgage subsidiaries, 192 hours.
    Number of respondents: 519 State member banks, and 132 mortgage 
subsidiaries.
    General description of report: This information collection is 
mandatory (12 U.S.C. 2803). The information is not given confidential 
treatment, however, information that might identify individual 
borrowers or applicants is given confidential treatment under exemption 
6 of the Freedom of Information Act (5 U.S.C. 552(b)(6)) and section 
304 (j)(2)(B) of HMDA (12 U.S.C. 2803).
    Abstract: The information reported and disclosed pursuant to this 
collection is used to further the purposes of HMDA. These include: (1) 
to help determine whether financial institutions are serving the 
housing needs of their communities; (2) to assist public officials in 
distributing public-sector investments so as to attract private 
investment to areas where it is needed; and (3) to assist in 
identifying possible discriminatory lending patterns and enforcing 
anti-discrimination statutes.

    Board of Governors of the Federal Reserve System, February 2, 
2005.
Jennifer J. Johnson
Secretary of the Board.
[FR Doc. 05-2330 Filed 2-7-05; 8:45 am]
BILLING CODE: 6210-01-S