39224 Federal Register / Vol. 77, No. 127 / Monday, July 2, 2012 / Notices 

7. Consumers typically pay off their 

reverse mortgage loans earlier than 

would be expected based on underlying 

mortality rates. 

a. Why do consumers typically pay off 

their reverse mortgage loans early? 

b. Do consumers anticipate being able 

to pay off a reverse mortgage at a 

specific time (e.g. upon receiving a 

pension or retirement benefit) when 

taking the reverse mortgage loan? 

c. Do consumers who pay off their 

loans early typically feel that the loan 

was a good choice? Are there things 

they wish they had done differently? 

8. Some consumers pay off a reverse 

mortgage upon moving out of a home. 

a. Why do consumers decide to move? 

Are such moves typically because the 

move is planned in advance or because 

the move is required for health or other 

reasons? 

b. How do reverse mortgage borrowers 

finance a later move? 

9. What are the typical outcomes for 

borrowers who still have the loan after 

5 years or more? 

a. Does the loan continue to meet 

borrowers’ financial needs 5 or more 

years after origination? 

b. If borrowers have drawn all of their 

available funds, what financial 

resources do they use to meet new or 

unexpected expenses? 

c. Do borrowers who still have the 

loan after 5 or more years typically feel 

that the loan was a good choice? Are 

there things they wish they had done 

differently? 

The differences in market dynamics 

and business practices among the 

broker, correspondent, and retail 

channels: 

10. How are brokers, correspondent 

lenders, and retail loan officers typically 

compensated? 

a. How does this compensation differ 

by channel? 

b. How do compensation structures 

and regulatory requirements (e.g., 

mortgage loan originator compensation 

rules) affect the business practices of 

lenders and brokers? 

c. How do these factors affect the 

choices presented to consumers? 

11. The Bureau has observed that 

major large bank originators of reverse 

mortgages tended to originate a far 

higher percentage of adjustable-rate, 

line-of-credit (or monthly-installment) 

loans than the nonbank originators. 

What explains this difference? 

Dated: June 25, 2012. 

Garry Reeder, 

Acting Chief of Staff, Bureau of Consumer 

Financial Protection. 

[FR Doc. 2012–16078 Filed 6–29–12; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF EDUCATION 

Notice of Proposed Information 

Collection Requests; Office of Special 

Education and Rehabilitative Services; 

Annual Vocational Rehabilitation 

Program/Cost Report (Rehabilitation 

Services Administration (RSA)-2) 

SUMMARY: The Annual Vocational 

Rehabilitation Program/Cost Report, 

Rehabilitation Services Administration 

(RSA)-2 collects data on the vocational 

rehabilitation (VR) and supported 

employment (SE) program activities for 

agencies funded under the 

Rehabilitation Act of 1973, as amended 

(Rehabilitation Act). 

DATES: Interested persons are invited to 

submit comments on or before August 

31, 2012. 

ADDRESSES: Written comments 

regarding burden and/or the collection 

activity requirements should be 

electronically mailed to 

ICDocketMgr@ed.gov or mailed to U.S. 

Department of Education, 400 Maryland 

Avenue SW., LBJ, Washington, DC 

20202–4537. Copies of the proposed 

information collection request may be 

accessed from http://edicsweb.ed.gov, 

by selecting the ‘‘Browse Pending 

Collections’’ link and by clicking on 

link number 04881. When you access 

the information collection, click on 

‘‘Download Attachments’’ to view. 

Written requests for information should 

be addressed to U.S. Department of 

Education, 400 Maryland Avenue SW., 

LBJ, Washington, DC 20202–4537. 

Requests may also be electronically 

mailed to ICDocketMgr@ed.gov or faxed 

to 202–401–0920. Please specify the 

complete title of the information 

collection and OMB Control Number 

when making your request. 

Individuals who use a 

telecommunications device for the deaf 

(TDD) may call the Federal Information 

Relay Service (FIRS) at 1–800–877– 

8339. 

SUPPLEMENTARY INFORMATION: Section 

3506 of the Paperwork Reduction Act of 

1995 (44 U.S.C. Chapter 35) requires 

that Federal agencies provide interested 

parties an early opportunity to comment 

on information collection requests. The 

Director, Information Collection 

Clearance Division, Privacy, Information 

and Records Management Services, 

Office of Management, publishes this 

notice containing proposed information 

collection requests at the beginning of 

the Departmental review of the 

information collection. The Department 

of Education is especially interested in 

public comment addressing the 

following issues: (1) Is this collection 

necessary to the proper functions of the 

Department; (2) will this information be 

processed and used in a timely manner; 

(3) is the estimate of burden accurate; 

(4) how might the Department enhance 

the quality, utility, and clarity of the 

information to be collected; and (5) how 

might the Department minimize the 

burden of this collection on the 

respondents, including through the use 

of information technology. Please note 

that written comments received in 

response to this notice will be 

considered public records. 

Title of Collection: Annual Vocational 

Rehabilitation Program/Cost Report 

(Rehabilitation Services Administration 

(RSA)-2). 

OMB Control Number: 1820–001. 

Type of Review: Revision. 

Total Estimated Number of Annual 

Responses: 80. 

Total Estimated Number of Annual 

Burden Hours: 320. 

Abstract: The Annual Vocational 

Rehabilitation Program/Cost Report 

(RSA–2) collects data on the vocational 

rehabilitation (VR) and supported 

employment (SE) program activities for 

agencies funded under the 

Rehabilitation Act of 1973, as amended 

(Rehabilitation Act). The RSA–2 

captures: administrative expenditures 

for the VR and SE programs; VR 

program service expenditures by 

category; SE administrative 

expenditures and service expenditures; 

expenditures for the VR program by 

number of individuals served; the costs 

of types of services provided; and a 

breakdown of staff of the VR agencies. 

Dated: June 27, 2012. 

Darrin A. King, 

Director, Information Collection Clearance 

Division, Privacy, Information and Records 

Management Services, Office of Management. 

[FR Doc. 2012–16179 Filed 6–29–12; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

Notice of Proposed Information 

Collection Requests; Office of Special 

Education and Rehabilitative Services; 

Case Service Report (Rehabilitation 

Services Administration (RSA)-911) 

SUMMARY: The Case Service Report 

(RSA–911) is an annual report of 

demographic and caseload information, 

including financial information, related 

to all individuals who have exited the 

State Vocational Rehabilitation Service 

Program (VR program). 

DATES: Interested persons are invited to 

submit comments on or before August 

31, 2012. 

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