[Federal Register Volume 88, Number 26 (Wednesday, February 8, 2023)]
[Notices]
[Page 8262]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-02646]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2023-0013]


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 or CFPB) is requesting 
to extend the Office of Management and Budget's (OMB's) approval for an 
existing information collection titled ``Real Estate Settlement 
Procedures Act (Regulation X)'' approved under OMB Control Number 3170-
0016.

DATES: Written comments are encouraged and must be received on or 
before April 10, 2023 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:
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include Docket No. CFPB-
2023-0013 in the subject line of the email.
     Mail/Hand Delivery/Courier: Comment Intake, Consumer 
Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW, 
Washington, DC 20552. Because paper mail in the Washington, DC area and 
at the Bureau is subject to delay, commenters are encouraged to submit 
comments electronically.
    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: Requests for additional information 
should be directed to Anthony May, PRA Officer, at (202) 435-7278, or 
email: [email protected]. If you require this document in an 
alternative electronic format, please contact 
[email protected]. Please do not submit comments to these 
email boxes.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Real Estate Settlement Procedures Act 
(Regulation X).
    OMB Control Number: 3170-0016.
    Type of Review: Extension without change of a currently approved 
collection.
    Affected Public: Private sector: business or other for-profits, 
not-for-profit institutions.
    Estimated Number of Respondents: 12,506.
    Estimated Total Annual Burden Hours: 1,087,981.
    Abstract: Regulation X \1\ implements the Real Estate Settlement 
Procedures Act (RESPA).\2\ Regulation X contains information 
collections in the form of various disclosure and recordkeeping 
requirements. The disclosures in this collection are required by the 
statute and implementing regulations. Consumers use the disclosures 
required by RESPA and Regulation X to inform their choice of settlement 
service providers, review the final terms of a settlement, understand 
whom to contact about questions concerning their mortgage loan, and 
identify/protect themselves against inaccurate or questionable loan 
servicing practices.
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    \1\ 12 CFR parts 1024.1-.41.
    \2\ 12 U.S.C. 2601 et seq.
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    Regulation X requires these information collections. However, to 
the extent that compliance with requirements in Regulation Z \3\ 
provides an exemption from compliance with similar requirements in 
Regulation X, any relevant information collection burden is accounted 
for in OMB Control Number 3170-0015.
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    \3\ 12 CFR 1026.
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    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's 
approval. All comments will become a matter of public record.

Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-02646 Filed 2-7-23; 8:45 am]
BILLING CODE 4810-AM-P