[Federal Register Volume 88, Number 167 (Wednesday, August 30, 2023)]
[Notices]
[Page 59878]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18760]


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CONSUMER FINANCIAL PROTECTION BUREAU

[Docket No. CFPB-2023-0043]


Agency Information Collection Activities: Comment Request

AGENCY: Consumer Financial Protection Bureau.

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 (CFPB) requests the extension 
of 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 Number 3170-0016.

DATES: Written comments are encouraged and must be received on or 
before September 29, 2023 to be assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. 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, Paperwork Reduction Act 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: The CFPB published a 60-day Federal Register 
notice on February 8, 2023, (88 FR 8262) under Docket Number: CFPB-
2023-0013. The CFPB is publishing this notice and soliciting comments 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the CFPB, including whether the 
information will have practical utility; (b) The accuracy of the CFPB'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 reviewed by OMB as part of its 
review of this request. All comments will become a matter of public 
record.

Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-18760 Filed 8-29-23; 8:45 am]
BILLING CODE 4810-AM-P