Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Federal Reserve System

# AGENCY:

Board of Governors of the Federal Reserve System

# SUMMARY:

June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board of Governors of the Federal Reserve System (Board) its approval authority under the Paperwork Reduction Act, as per 5 CFR 1320.16, to approve of and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board under conditions set forth in 5 CFR 1320 Appendix A.1.  Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information.  Copies of the OMB 83-Is and supporting statements and approved collection of information instruments are placed into OMB's public docket files.  The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.

## Request for comment on information collection proposal

The following information collection, which is being handled under this delegated authority, has received initial Board approval and is hereby published for comment.  At the end of the comment period, the proposed information collection, along with an analysis of comments and recommendations received, will be submitted to the Board for final approval under OMB delegated authority.  Comments are invited on the following:

                    a. whether the proposed collection of information is necessary for the proper                           ( print page 67913)                        performance of the Federal Reserve's functions; including whether the information has practical utility;                

b. the accuracy of the Federal Reserve's estimate of the burden of the proposed information collection, including the validity of the methodology and 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 information collection on respondents, including through the use of automated collection techniques or other forms of information technology.

# DATES:

Comments must be submitted on or before January 21, 2005.

# ADDRESSES:

You may submit comments, identified by FR HMDA-LAR, by any of the following methods:
      - Agency Web site: http://www.federalreserve.gov .   Follow the instructions for submitting comments at  http://www.federalreserve.gov/​generalinfo/​foia/​ProposedRegs.cfm .
      - Federal eRulemaking Portal: http://www.regulations.gov .  Follow the instructions for submitting comments.
      - E-mail: regs.comments@federalreserve.gov .  Include docket number in the subject line of the message.
      - FAX: 202/452-3819 or 202/452-3102.
      - Mail: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, N.W., Washington, DC 20551.

All public comments are available from the Board's web site at www.federalreserve.gov/​generalinfo/​foia/​ProposedRegs.cfm as submitted, except as necessary for technical reasons.  Accordingly, your comments will not be edited to remove any identifying or contact information.  Public comments may also be viewed electronically or in paper in Room MP-500 of the Board's Martin Building (20th and C Streets, N.W.) between 9:00 a.m. and 5:00 p.m. on weekdays.

# FOR FURTHER INFORMATION CONTACT:

A copy of the proposed form and instructions, the Paperwork Reduction Act Submission (OMB 83-I), supporting statement, and other documents that will be placed into OMB's public docket files once approved may be requested from the agency clearance officer, whose name appears below.

Cindy Ayouch, Federal Reserve Board Clearance Officer (202-452-3829), Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551.  Telecommunications Device for the Deaf (TDD) users may contact (202-263-4869), Board of Governors of the Federal Reserve System, Washington, DC 20551.

## Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following report:

*Report title:*                     Home Mortgage Disclosure Act (HMDA) Loan/Application Register.                

*Agency form number:*                     FR HMDA-LAR.                

*OMB control number:*                     7100-0247.                

*Frequency:*                     Annual.                

*Reporters:*                     State member banks, subsidiaries of state member banks, subsidiaries of bank holding companies, U.S. branches and agencies of foreign banks (other than federal branches, federal agencies, and insured state branches of foreign banks), commercial lending companies owned or controlled by foreign banks, organizations under section 25 or 25A of the Federal Reserve Act.                

*Annual reporting hours:*                     150,942 hours.                

*Estimated average hours per response:*                     State member banks, 242 hours; and mortgage subsidiaries, 192 hours.                

*Number of respondents:*                     519 State member banks, and 132 mortgage subsidiaries.                

*General description of report:*                     This information collection is mandatory (12 U.S.C. 2803).  The information is not given confidential treatment, however, information that might identify individual borrowers or applicants is given confidential treatment under exemption 6 of the Freedom of Information Act (5 U.S.C. 552(b)(6)) and section 304 (j)(2)(B) of HMDA (12 U.S.C. 2803).                

*Abstract:*                     The information reported and disclosed pursuant to this collection is used to further the purposes of HMDA.  These include: (1) to help determine whether financial institutions are serving the housing needs of their communities; (2) to assist public officials in distributing public-sector investments so as to attract private investment to areas where it is needed; and (3) to assist in identifying possible discriminatory lending patterns and enforcing anti-discrimination statutes.                

Board of Governors of the Federal Reserve System, November 16, 2004.

Jennifer J. Johnson,

Secretary of the Board.

[FR Doc.  04-25772 Filed 11-19-04; 8:45 am]

BILLING CODE 6210-01-S