[Federal Register Volume 74, Number 157 (Monday, August 17, 2009)]
[Notices]
[Pages 41489-41490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-19684]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Loan Application Register (HMDA)

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to comment on proposed and continuing 
information collections, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the 
Department of the Treasury will submit the proposed information 
collection requirement described below to the Office of Management and 
Budget (OMB) for review, as required by the Paperwork Reduction Act. 
Today, OTS is soliciting public comments on its proposal to extend this 
information collection.

DATES: Submit written comments on or before October 16, 2009.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552; send a facsimile transmission to (202) 906-
6518; or send an e-mail to [email protected]. OTS 
will post comments and the related index on the OTS Internet Site at 
http://www.ots.treas.gov. In addition, interested persons may inspect 
comments at the Public Reading Room, 1700 G Street, NW., by 
appointment. To make an appointment, call (202) 906-5922, send an e-
mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Stacy E. Messett, 
Senior Project Manger (202) 906-6241, Office of Thrift Supervision, 
1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: 
    OTS may not conduct or sponsor an information collection, and 
respondents are not required to respond to an information collection, 
unless the information collection displays a currently valid OMB 
control number. As part of the approval process, we invite comments on 
the following information collection.
    Comments should address one or more of the following points:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the functions of OTS;
    b. The accuracy of OTS's estimate of the burden of the proposed 
information collection;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of the information collection on 
respondents, including through the use of information technology.
    We will summarize the comments that we receive and include them in 
the OTS request for OMB approval. All comments will become a matter of 
public record. In this notice, OTS is soliciting comments concerning 
the following information collection.
    Title of Proposal: Loan Application Register (HMDA).
    OMB Number: 1550-0021.
    Form Numbers: N/A.
    Regulation requirement: 12 CFR Part 203.
    Description: The Home Mortgage Disclosure Act (HMDA), 12 U.S.C. 
2801, requires this collection of information. In accordance with the 
HMDA, the Board of Governors of the Federal Reserve System (FRB) 
promulgates and administers HMDA regulations, which are prescribed as 
part of the FRB's Regulation C (12 CFR Part 203), implementing the HMDA 
(12 U.S.C. 2801-2810). HMDA forms as well as collection and 
recordkeeping requirements are approved under OMB Control No. 7100-
0247. The FRB supporting statement forms the decisional basis for the 
OMB action. This submission discusses the burden imposed by Regulation 
C on the institutions OTS regulates.
    The data on loan applications collected under HMDA assist OTS in 
analyzing lending patterns for possible discrimination. OTS examiners 
use the data to scope for compliance with the fair lending laws (Equal 
Credit Opportunity Act, Fair Housing Act, and OTS's Non-discrimination 
regulation),

[[Page 41490]]

as well as for compliance with HMDA itself. Examiners also use HMDA 
data to determine whether associations are helping to meet the credit 
needs of their communities as required by the Community Reinvestment 
Act.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 588.
    Estimated Number of Responses: 0.03 hours per application 
(approximately 8,361 applications per LAR).
    Estimated Frequency of Response: Annually.
    Estimated Total Burden: 147,488 hours.

    Dated: August 12, 2009.
Ira L. Mills,
Paperwork Clearance Officer, Office of Thrift Supervision.
[FR Doc. E9-19684 Filed 8-14-09; 8:45 am]
BILLING CODE 6720-01-P