[Federal Register Volume 72, Number 231 (Monday, December 3, 2007)]
[Notices]
[Pages 67995-67996]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 07-5908]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to comment on the renewal of an information collection, as 
required by the Paperwork Reduction Act of 1995. An agency may not 
conduct or sponsor, and a respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. The OCC is soliciting 
comment concerning an information collection titled, ``Record and 
Disclosure Requirements--FRB Regulations B, E, M, Z, CC, and DD.'' The 
OCC also gives notice that it has submitted this information collection 
to OMB for review and approval.

DATES: Comments must be submitted on or before January 2, 2008.

ADDRESSES: Communications Division, Office of the Comptroller of the 
Currency, Public Information Room, Mailstop 1-5, Attention: 1557-0176, 
250 E Street, SW., Washington, DC 20219. In addition, comments may be 
sent by fax to (202) 874-4448, or by electronic mail to 
[email protected]. You may personally inspect and photocopy 
comments at the OCC's Public Information Room, 250 E Street, SW., 
Washington, DC. For security reasons, the OCC requires that visitors 
make an appointment to inspect comments. You may do so by calling (202) 
874-5043. Upon arrival, visitors will be required to present valid 
government-issued photo identification and submit to security screening 
in order to inspect and photocopy comments.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0176, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You may request additional information 
or a copy of the collection and supporting documentation submitted to 
OMB by contacting: Mary Gottlieb, (202) 874-5090, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION:
    Title: Record and Disclosure Requirements--FRB Regulations B, E, M, 
Z, CC, and DD.
    OMB Control No.: 1557-0176.
    Type of Review: Regular review.
    Description: This information collection covers the Board of 
Governors of the Federal Reserve System's (FRB) Regulations (Regs) B, 
C, E, M, Z, CC, and DD.
Reg B--12 CFR 202--Equal Credit Opportunity
    Prohibits lenders from discriminating against credit applicants, 
establishes guidelines for gathering and evaluating information about 
personal characteristics in applications for certain dwelling-related 
loans, requires lenders to provide applicants with copies of appraisal 
reports in connection with credit transactions, and requires written 
notification of action taken on a credit application.
Reg C-12 CFR 203--Home Mortgage Disclosure
    Requires certain mortgage lenders to report certain home loan 
application information and to disclose certain data regarding their 
home mortgage lending.

[[Page 67996]]

Reg E-12 CFR 205--Electronic Fund Transfers
    Establishes the rights, liabilities, and responsibilities of 
parties in electronic funds transfers and protects consumers when they 
use such systems.
Reg M-12 CFR 213--Consumer Leasing
    Implements the consumer leasing provisions of the Truth in Lending 
Act by requiring meaningful disclosure of leasing terms.
Reg Z-12 CFR 226--Truth in Lending
    Prescribes uniform methods for computing the cost of credit, for 
disclosing credit terms and costs, and for resolving errors on certain 
types of credit accounts.
Reg CC-12 CFR 229--Availability of Funds and Collection of Checks
    Governs the availability of funds deposited in checking accounts, 
the collection and return of checks, and substitute checks.
Reg DD-12 CFR 230--Truth in Savings
    Requires depository institutions to provide disclosures to enable 
consumers to make meaningful comparisons of deposit accounts.
    Affected Public: Businesses or other for-profit.
    Burden Estimates:
     Estimated Number of Respondents: 1,800.
     Estimated Number of Responses: 1,800.
     Estimated Annual Burden: 3,539,052 hours.
    Frequency of Response: On occasion.
    Comments: The OCC issued a 60-day Federal Register notice on May 
21, 2007. 72 FR 28555. Comments continue to be invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: November 27, 2007.
Stuart Feldstein,
Assistant Director, Legislative and Regulatory Activities Division, 
Office of the Comptroller of the Currency.
[FR Doc. 07-5908 Filed 11-30-07; 8:45 am]
BILLING CODE 4810-33-P