[Federal Register Volume 90, Number 98 (Thursday, May 22, 2025)]
[Notices]
[Page 21904]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-09227]



[[Page 21904]]

=======================================================================
-----------------------------------------------------------------------

CONSUMER FINANCIAL PROTECTION BUREAU

[Docket No. CFPB-2025-0026]


Agency Information Collection Activities: Comment Request

AGENCY: Consumer Financial Protection Bureau.

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

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 of a new 
information collection titled ``ICBA Disclosure Testing: Qualitative 
Pre-testing of Survey (Testing) Instrument and Modified Disclosure 
Forms.''

DATES: Written comments are encouraged and must be received on or 
before July 21, 2025 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: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include Docket No. CFPB-
2025-0026 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 CFPB 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 (304) 481-5511, 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: ICBA Disclosure Testing: Qualitative Pre-
testing of Survey (Testing) Instrument and Modified Disclosure Forms.
    OMB Control Number: 3170-00XX.
    Type of Review: New information collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 2,000.
    Estimated Total Annual Burden Hours: 1,500.
    Abstract: The central research question that ICBA will be examining 
in the disclosure testing is whether the modified mortgage disclosures 
are more effective for a sample of consumers representative of 
community bank members who would be likely to take out construction or 
construction-to-permanent loans. Effectiveness will be measured by how 
well a consumer can understand various dimensions of each loan by 
answering comprehension questions (e.g., interest rate, payment 
schedule, etc.) for various types of construction-to-permanent and 
construction loans they are presented. Per the recommendation of the 
CFPB, to ensure the effectiveness of both the survey instrument and the 
revised mortgage disclosure forms, ICBA's contractor, will conduct pre-
testing (or cognitive-testing) of both.
    Request for Comments: Comments are invited 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 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. 2025-09227 Filed 5-21-25; 8:45 am]
BILLING CODE 4810-AM-P