[Federal Register Volume 79, Number 178 (Monday, September 15, 2014)]
[Notices]
[Pages 55070-55071]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-21965]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Information Collection 
Renewal; Submission for OMB Review; Fair Housing Home Loan Data System 
Regulation

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 take this opportunity to comment on a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995 (PRA).
    In accordance with the requirements of the PRA, the OCC may not 
conduct or sponsor, and the 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 renewal of its information 
collection titled, ``Fair Housing Home Loan Data System Regulation.'' 
The OCC is also giving notice that it has sent the collection to OMB 
for review.

DATES: You should submit your comments by October 15, 2014.

ADDRESSES:  Because paper mail in the Washington, DC area and at the 
OCC is subject to delay, commenters are encouraged to submit comments 
by email if possible. Comments may be sent to: Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, Attention: 1557-0159, 400 7th Street SW., Suite 3E-218, Mail 
Stop 9W-11, Washington, DC 20219. In addition, comments may be sent by 
fax to (571) 465-4326 or by electronic mail to 
[email protected]. You may personally inspect and photocopy 
comments at the OCC, 400 7th Street SW., Washington, DC 20219. For 
security reasons, the OCC requires that visitors make an appointment to 
inspect comments. You may do so by calling (202) 649-6700. Upon 
arrival, visitors will be required to present valid government-issued 
photo identification and to submit to security screening in order to 
inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not enclose any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0318, U.S. Office of Management and Budget, 725 17th 
Street NW., #10235, Washington, DC 20503, or by email to: oira 
[email protected].

FOR FURTHER INFORMATION CONTACT: Johnny Vilela or Mary H. Gottlieb, OCC 
Clearance Officers, (202) 649-5490, for persons who are deaf or hard of 
hearing, TTY, (202) 649-5597, Legislative and Regulatory Activities 
Division, Office of the Comptroller of the Currency, 400 7th Street 
SW., Suite 3E-218, Mail Stop 9W-11, Washington, DC 20219.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal 
agencies must obtain approval from OMB for each collection of 
information they conduct or sponsor. ``Collection of information'' is 
defined in 44 U.S.C.

[[Page 55071]]

3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements 
that members of the public submit reports, keep records, or provide 
information to a third party.
    The OCC is proposing to extend approval of the following 
information collection:
    Title: Fair Housing Home Loan Data System Regulation.
    OMB Control No.: 1557-0159.
    Description: The Fair Housing Act (42 U.S.C. 3605) prohibits 
discrimination in the financing of housing on the basis of race, color, 
religion, sex, or national origin. The Equal Credit Opportunity Act (15 
U.S.C. 1691 et seq.) prohibits discrimination in any aspect of a credit 
transaction on the basis of race, color, religion, national origin, 
sex, marital status, age, receipt of income from public assistance, or 
exercise of any right under the Consumer Credit Protection Act (15 
U.S.C. 1601 et seq.). The OCC is responsible for ensuring that national 
banks and Federal savings associations comply with those laws. The OCC 
needs this information to fulfill its statutory responsibilities.
    The information collection requirements are as follows:
     12 CFR 27.3(a) requires national banks that are required 
to collect data on home loans under Regulation C \1\ to present the 
data on Form FR HMDA-LAR,\2\ or in automated format in accordance with 
the HMDA-LAR instructions, and to include one additional item (the 
reason for denial) on the HMDA-LAR. Section 27.3(a) also lists 
exceptions to the HMDA-LAR recordkeeping requirements. Federal savings 
associations generate this information pursuant to the CFPB's 
Regulation C, 12 CFR part 1003.
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    \1\ 12 CFR 27.3(a) references Regulation C as 12 CFR part 203, 
as it was adopted prior to the transfer of Regulation C to the 
Consumer Financial Protection Bureau (CFPB). Regulation C is now 
codified at 12 CFR part 1003.
    \2\ Loan Application Register, http://www.ffiec.gov/hmda/pdf/hmdalar2011.pdf.
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     12 CFR 27.3(b) lists the information national banks should 
seek to obtain from an applicant as part of a home loan application, 
and also sets forth the information that banks must disclose in 
collecting certain information from an applicant.
     12 CFR 27.3(c) sets forth additional information a 
national bank must maintain in the loan file.
     12 CFR 27.4 states that the OCC may require a national 
bank to maintain a Fair Housing Inquiry/Application Log found in 
Appendix III to part 27 if there is reason to believe that the bank is 
engaging in discriminatory practices or if analysis of the data 
compiled by the bank under the Home Mortgage Disclosure Act (12 U.S.C. 
2801 et seq.) and 12 CFR part 203 indicates a pattern of significant 
variation in the number of home loans between census tracts with 
similar incomes and home ownership levels differentiated only by race 
or national origin.
     12 CFR 27.5 requires a national bank to maintain the 
information required by Sec.  27.3 for 25 months after the bank 
notifies the applicant of action taken on an application or after 
withdrawal of an application.
     12 CFR 27.7 requires a national bank to submit the 
information required by Sec. Sec.  27.3 and 27.4 to the OCC upon its 
request prior to a scheduled examination using the Monthly Home Loan 
Activity Format form in Appendix I to part 27 and the Home Loan Data 
Form in Appendix IV to part 27.
    Type of Review: Regular.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 1,927.
    Estimated Total Annual Burden: 31,704 hours.
    The OCC issued a Federal Register notice for 60 days of comment on 
June 20, 2014. 79 FR 34513. No comments were received. Comments 
continue to be invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the OCC, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimate of the burden of the 
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 collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: September 10, 2014.
Stuart Feldstein,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 2014-21965 Filed 9-12-14; 8:45 am]
BILLING CODE 4810-33-P