[Federal Register Volume 80, Number 147 (Friday, July 31, 2015)]
[Notices]
[Page 45645]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18809]



[[Page 45645]]

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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No: CFPB-2015-0035]


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

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau) is requesting to 
renew the approval for an existing information collection titled, 
``Mortgage Acts And Practices (Regulation N) 12 CFR 1014.''

DATES: Written comments are encouraged and must be received on or 
before August 31, 2015 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     Mail: Consumer Financial Protection Bureau (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552.
     Hand Delivery/Courier: Consumer Financial Protection 
Bureau (Attention: PRA Office), 1275 First Street NE., Washington, DC 
20002.
    Please note that comments submitted after the comment period will 
not be accepted. In general, all comments received will become public 
records, including any personal information provided. Sensitive 
personal information, such as account numbers or social security 
numbers, should not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at 
www.regulations.gov. Requests for additional information should be 
directed to the Consumer Financial Protection Bureau, (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or 
email: [email protected]. Please do not submit comments to this mailbox.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Mortgage Acts And Practices (Regulation N) 12 
CFR 1014.
    OMB Control Number: 3170-0009.
    Type of Review: Extension without change of a currently approved 
collection.
    Affected Public: Businesses and other for-profit institutions.
    Estimated Number of Respondents: 483.
    Estimated Total Annual Burden Hours: 242.
    Abstract: Regulation N (12 CFR 1014), prohibits misrepresentations 
about the terms of mortgage credit products in commercial 
communications and requires that covered persons keep certain related 
records for a period of twenty-four (24) months from last 
dissemination. The information that Regulation N requires covered 
persons to retain is necessary to ensure efficient and effective law 
enforcement to address deceptive practices that occur in the mortgage 
advertising area.
    The Bureau issued a 60-day Federal Register notice on May 18th, 
2015 (80 FR 28244). Comments were solicited and continue to be invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the Bureau, including whether 
the information will have practical utility; (b) The accuracy of the 
Bureau's estimate of the burden of the collection of information, 
including the validity of the methods and the assumptions used; (c) 
Ways to enhance the quality, utility, and clarity of the information to 
be collected; and (d) Ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology. 
Comments submitted in response to this notice will be summarized and/or 
included in the request for Office of Management and Budget (OMB) 
approval. All comments will become a matter of public record.

    Dated: July 28, 2015.
Linda F. Powell,
Chief Data Officer, Bureau of Consumer Financial Protection.
[FR Doc. 2015-18809 Filed 7-30-15; 8:45 am]
 BILLING CODE 4810-AM-P