Agency Information Collection Activities; Notice of Office of Management and Budget Approval of Information Collection Requirements

Federal Register, Volume 78 Issue 225 (Thursday, November 21, 2013)

Federal Register Volume 78, Number 225 (Thursday, November 21, 2013)

Rules and Regulations

Page 69753

From the Federal Register Online via the Government Printing Office www.gpo.gov

FR Doc No: 2013-27337

Page 69753

BUREAU OF CONSUMER FINANCIAL PROTECTION

12 CFR Parts 1002, 1005, 1024, and 1026

Agency Information Collection Activities; Notice of Office of Management and Budget Approval of Information Collection Requirements

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice of approval of information collection requirements.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau) is announcing the Office of Management and Budget's (OMB) approval of new and revised information collection requirements contained in various final rules published in the Federal Register. See the SUPPLEMENTARY INFORMATION section below for additional information about each OMB approval.

DATES: Effective November 21, 2013. The effective date or dates of each final rule listed herein is provided in the related final rule or, as applicable, in relevant amendments published in the Federal Register.

FOR FURTHER INFORMATION CONTACT: PRA-related documentation submitted to the OMB for each of the below listed final rules is available at www.reginfo.gov. Requests for additional information should be directed to the Bureau's PRA Officer, 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or email: PRA@cfpb.gov.

SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501 et seq.) the Bureau may not conduct or sponsor, and, notwithstanding any other provision of law, a respondent is not required to respond to, an information collection unless it displays a currently valid OMB control number. Each final rule referenced herein states that affected parties do not have to comply with certain information collection requirements until OMB approves those information collection requirements and the Bureau publishes a notice in the Federal Register announcing this approval and the control number assigned by OMB. The Bureau hereby announces OMB approval of the information collection requirements contained in the final rules listed in the table below and the respective OMB control number currently assigned to each of the information collections.

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Federal Register citation for Date approved by

Title of the collection and CFR citation final rule OMB Control No. OMB

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Homeownership Counseling Amendments to 78 FR 6855 3170-0025 04/11/13

the Real Estate Settlement Procedures

Act (Regulation X)--12 CFR part 1024.

Mortgage Servicing Amendment (Regulation 78 FR 10695 3170-0027 04/26/13

X)--12 CFR part 1024.

Mortgage Servicing Amendment (Regulation 78 FR 10901 3170-0028 04/17/13

Z)--12 CFR part 1026.

Appraisals for Higher-Risk Mortgage Loans 78 FR 10367 3170-0026 04/18/13

Amendment (Regulation Z)--12 CFR part

1026.

Loan Originator Compensation Amendment-- 78 FR 11279 3170-0031 04/17/13

12 CFR part 1026.

Equal Credit Opportunity Act (Regulation 78 FR 7215 3170-0013 04/10/13

B)--12 CFR 1002.

Electronic Fund Transfer Act (Regulation 78 FR 30661 3170-0014 06/25/13

E)--12 CFR 1005.

Ability to Repay and Qualified Mortgage 78 FR 35429 3170-0035 07/12/13

Standards Under the Truth in Lending Act

(Regulation Z) (Concurrent Proposal)--12

CFR 1026.

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The Consumer Financial Protection Bureau divided certain proposals to amend the Bureau's Regulations X and Z into separate Information Collection Requests (ICRs) in the Office of Management and Budget (OMB) system (accessible at www.reginfo.gov) to ease the public's ability to view and understand the individual proposals. Subsequent to the finalization of the rules, CFPB anticipates that it will recombine the portions of Regulations Z and X that are broken out in the reginfo.gov system into the existing control numbers for Regulations X and Z. CFPB respondents should continue to use the 3170-0015 control number for Regulation Z and 3170-0016 control number for Regulation X throughout this time.

The Bureau notes that, while OMB has approved the information collection requirements as contained in the above noted final rules, the Bureau's current rules remain in effect and affected parties are not required to follow the requirements contained in final rules listed above until such time as the effective date of the respective final rule.

Dated: November 6, 2013.

Ashwin Vasan,

Chief Information Officer, Bureau of Consumer Financial Protection.

FR Doc. 2013-27337 Filed 11-20-13; 8:45 am

BILLING CODE 4810-AM-P