[Federal Register Volume 80, Number 217 (Tuesday, November 10, 2015)]
[Notices]
[Pages 69646-69647]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28602]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No: CFPB-2015-0047]


Agency Information Collection Activities: 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 Office of Management and Budget (OMB) approval for an 
existing information collection, and to revise an existing information 
collection, titled, ``Home Mortgage Disclosure (Regulation C) 12 CFR 
1003.''

DATES: Written comments are encouraged and must be received on or 
before January 11, 2016 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

[[Page 69647]]

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: ``Home Mortgage Disclosure (Regulation C) 12 
CFR 1003''.
    OMB Control Number: 3170-0008.
    Type of Review: Extension without change of an existing collection.
    Affected Public: Private Sector.
    Estimated Number of Respondents: 145.
    Estimated Total Annual Burden Hours: 690,000.\1\
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    \1\ This represents the burden under the renewal of the existing 
rules which will increase to 1,388,880 once all provisions of the 
new final rule become effective.
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    Abstract: The Home Mortgage Disclosure Act (HMDA) requires certain 
depository institutions and for-profit nondepository institutions to 
collect, report, and disclose data about originations and purchases of 
mortgage loans, as well as mortgage loan applications that do not 
result in originations (for example, applications that are denied or 
withdrawn). The Bureau's Regulation C, 12 CFR part 1003, implements 
HMDA. The purpose of the information collection is: (i) To help 
determine whether financial institutions are serving the housing needs 
of their communities; (ii) to assist public officials in distributing 
public-sector investment so as to attract private investment to areas 
where it is needed; and (iii) to assist in identifying possible 
discriminatory lending patterns and enforcing antidiscrimination 
statutes. The information collection will also assist the CFPB's 
examiners, and examiners of other federal supervisory agencies, in 
determining that the financial institutions they supervise comply with 
applicable provisions of HMDA.
    In accordance with 5 CFR 1320.11(f) and 1320.11(h), this 
information collection request (ICR) is being submitted to OMB in 
association with the final rule for Regulation C (RIN 3170-AA10), 80 FR 
66127 published October 27, 2015. Further, since the information 
collection requirements as contained in current Regulation C are 
currently scheduled to expire on January 31, 2016 and the information 
collection requirements as contained in the final rule for Regulation C 
will generally not become effective until January 1, 2018, this ICR is 
also contemporaneously being submitted to OMB under 5 CFR 1320.12, 
Clearance of collections of information in current rules. The Bureau is 
requesting OMB to extend for an additional three years its approval of 
the information collection requirements as contained in current 
Regulation C.
    Request for Comments: Comments are 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 OMB 
approval. All comments will become a matter of public record.

    Dated: November 4, 2015.
Linda F. Powell,
Chief Data Officer, Bureau of Consumer Financial Protection.
[FR Doc. 2015-28602 Filed 11-9-15; 8:45 am]
 BILLING CODE 4810-AM-P