1836 Federal Register / Vol. 79, No. 7 / Friday, January 10, 2014 / Notices 

Additions 

If the Committee approves the 

proposed additions, the entities of the 

Federal Government identified in this 

notice will be required to procure the 

products listed below from the 

nonprofit agency employing persons 

who are blind or have other severe 

disabilities. 

The following products are proposed 

for addition to the Procurement List for 

production by the nonprofit agency 

listed. These products are being 

proposed as part of the eyewear 

products proposed for addition to the 

Procurement List in the Federal 

Register at 78 FR 75911 and published 

on Friday, December 13, 2013. 

Comments received from the public, todate, as a result of the eyewear proposed 

at 78 FR 75911, are considered inclusive 

of the eyewear products proposed here. 

Products 

NSN: 6650–00–NIB–0009—Flat Top 28, 

Bifocal, Single Vision, Plastic, Clear. 

NSN: 6650–00–NIB–0010—Flat Top 28, 

Bifocal, Plastic, Clear. 

NSN: 6650–00–NIB–0011—Flat Top 35, 

Bifocal, Clear. 

NSN: 6650–00–NIB–0012—Clear Plastic 

Round 25 and Round 28. 

NSN: 6650–00–NIB–0013—Flat Top 7 × 28, 

Plastic, Clear. 

NSN: 6650–00–NIB–0014—Flat Top 8 × 35, 

Plastic, Clear. 

NSN: 6650–00–NIB–0015—Progressives, 

(VIP, Adaptar, Freedom, Image), Plastic, 

Clear. 

NSN: 6650–00–NIB–0016—Lenticular 

Aspheric, Single Vision, Plastic, Clear. 

NSN: 6650–00–NIB–0017—Flat Top-Round 

Aspheric Lenticular, Plastic, Clear. 

NSN: 6650–00–NIB–0018—Executive Bifocal, 

Plastic, Clear. 

NSN: 6650–00–NIB–0019—Single Vision, 

Glass, Clear. 

NSN: 6650–00–NIB–0020—Flat Top 28, 

Bifocal, Glass, Clear. 

NSN: 6650–00–NIB–0021—Flat Top 35, 

Bifocal, Glass, Clear. 

NSN: 6650–00–NIB–0022—Flat Top 7 × 28, 

Trifocal, Glass, Clear. 

NSN: 6650–00–NIB–0023—Flat Top 8 × 35, 

Trifocal, Glass, Clear. 

NSN: 6650–00–NIB–0024—Progressives, 

(VIP, Adaptar, Freedom), Glass, Clear. 

NSN: 6650–00–NIB–0025—Executive Bifocal, 

Glass, Clear. 

NSN: 6650–00–NIB–0026—Single Vision, 

Polycarbonate, Clear. 

NPA: Winston-Salem Industries for the 

Blind, Inc., Winston-Salem, NC. 

Contracting Activity: NETWORK 

CONTRACTING OFFICE 8, TAMPA, FL. 

Coverage: C-List for 100% of the 

requirements of Bay Pines Healthcare 

System, Bay Pines, FL and the James A. 

Haley Veterans Hospital, Tampa, FL as 

aggregated by Network Contracting 

Office 8, Tampa, FL. 

Deletions 

The following products and service 

are proposed for deletion from the 

Procurement List: 

Products 

NSN: 7530–00–281–5907—Folder, File, 

Paperboard, Heavy Duty, 1⁄3 Cut Tab, 

Clear Sleeve, Kraft, Letter. 

NPA: L.C. Industries for the Blind, Inc., 

Durham, NC. 

Contracting Activity: GENERAL SERVICES 

ADMINISTRATION, NEW YORK, NY. 

NSN: 7530–01–554–7679—DVD Label Refill. 

NPA: North Central Sight Services, Inc., 

Williamsport, PA. 

Contracting Activity: GENERAL SERVICES 

ADMINISTRATION, NEW YORK, NY. 

Service 

Service Type/Location: Janitorial/Custodial 

Service, Social Security Administration 

Building, 50 North Third Street, 

Chambersburg, PA. 

Contracting Activity: GENERAL SERVICES 

ADMINISTRATION, FPDS AGENCY 

COORDINATOR, WASHINGTON, DC. 

Barry S. Lineback, 

Director, Business Operations. 

[FR Doc. 2014–00238 Filed 1–9–14; 8:45 am] 

BILLING CODE 6353–01–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Notice of Availability of Certain 

Revised Consumer Information 

Publications 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice of availability. 

SUMMARY: The Bureau of Consumer 

Financial Protection (Bureau or CFPB) 

announces the availability of three 

revised consumer publications, 

including a consumer information 

brochure and two booklets required 

under the Real Estate Settlement 

Procedures Act (RESPA), Regulation X, 

the Truth in Lending Act (TILA), and 

Regulation Z. These publications are 

titled: What You Should Know About 

Home Equity Lines of Credit, the 

Consumer Handbook on AdjustableRate Mortgages, and the Shopping for 

Your Home Loan: Settlement Cost 

Booklet. 

ADDRESSES: The revised consumer 

publications are available for download 

on the Bureau’s Web site at 

www.consumerfinance.gov/learnmore 

and can also be found in the Catalog of 

U.S. Government Publications (http://

catalog.gpo.gov), maintained by 

Superintendent of Documents, U.S. 

Government Printing Office, 

Washington, DC 20402. 

FOR FURTHER INFORMATION CONTACT: Lea 

Mosena, Legal Division; Susan Haag, 

Office of Financial Education; and 

Richard Arculin, Office of Regulations, 

CFPB_reginquiries@cfpb.gov or (202) 

435–7700. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the Dodd-Frank Wall Street Reform 

and Consumer Protection Act (DoddFrank Act), Public Law 111–203, the 

CFPB is responsible for three consumer 

information publications related to 

mortgage and home equity line of credit 

transactions, titled: (1) What You 

Should Know About Home Equity Lines 

of Credit (HELOC Brochure); (2) 

Consumer Handbook on AdjustableRate Mortgages (CHARM Booklet); and 

(3) Shopping for Your Home Loan, 

Settlement Cost Booklet (Settlement 

Cost Booklet). The HELOC Brochure and 

CHARM booklet were formerly 

published by the Board of Governors of 

the Federal Reserve System (Board). The 

Settlement Cost Booklet was formerly 

published by the Department of Housing 

and Urban Development (HUD). 

The CFPB is making technical and 

conforming changes to each of the three 

publications in conjunction with the 

January 2014 effective dates for many 

provisions of the Bureau’s rulemakings 

regulating practices in mortgage 

origination and servicing. A description 

of the changes in each publication 

follows. 

The Bureau views the publications as 

part of the Bureau’s broader mission to 

educate consumers about consumer 

financial products. The Bureau intends 

to revise the publications and develop 

other educational materials that will be 

accessible on its public Web site. The 

Bureau therefore expects to consider 

further revisions to these publications in 

the future, in particular to reflect 

changes to disclosure requirements for 

mortgage credit transactions under TILA 

and for real estate settlements under 

RESPA, pursuant to the Bureau’s 

Integrated Mortgage Disclosures under 

the Real Estate Settlement Procedures 

Act (Regulation X) and the Truth in 

Lending Act (Regulation Z) final rule 

issued on November 20, 2013. 

Those who provide these publications 

may, at their option, immediately begin 

using the revised HELOC Brochure, 

CHARM Booklet, or Settlement Cost 

Booklet, or suitable substitutes to 

comply with the requirements in 

Regulations X and Z. The Bureau 

understands, however, that some may 

wish to use their existing stock of 

publications. Therefore, those who 

provide these publications may use 

earlier versions of these publications 

until existing supplies are exhausted. 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 79, No. 7 / Friday, January 10, 2014 / Notices 1837 

When reprinting these publications, the 

most recent version should be used. 

HELOC Brochure 

The Home Equity Loan Consumer 

Protection Act of 1988, Public Law 100– 

709, amended TILA to require creditors 

to give consumers, among other 

disclosures, an educational brochure on 

home-equity plans at the time an 

application is provided. Specifically, 

TILA section 127A requires that, in 

addition to certain other disclosures, 

when a consumer is applying to open an 

account under any open-end consumer 

credit plan secured by the consumer’s 

principal dwelling, ‘‘the creditor or 

other person providing such disclosures 

to the consumer shall provide (1) a 

pamphlet published by the Bureau 

pursuant to section 4 of the Home 

Equity Consumer Protection Act of 

1988; or (2) any pamphlet which 

provides substantially similar 

information to the information 

described in such section, as 

determined by the Bureau.’’ 15 U.S.C. 

1637a(e). 

Prior to the Dodd-Frank Act, the 

Board implemented this requirement in 

12 CFR 226.5b(e) and developed and 

published the HELOC Brochure to 

consumers with basic information about 

the features of a home equity line of 

credit and what to look for and compare 

when shopping for credit. Under the 

Dodd-Frank Act, the responsibility for 

the HELOC Brochure transferred to the 

CFPB. Under the CFPB’s Regulation Z, 

at the time an application for a HELOC 

is provided to the consumer, a creditor 

must provide certain disclosures and 

‘‘the home equity brochure entitled 

‘What You Should Know About Home 

Equity Lines of Credit’ or a suitable 

substitute.’’ 12 CFR 1026.40(e). 

To reflect the transfer to the CFPB and 

ensure consistency with the Bureau’s 

rulemakings regulating practices in 

mortgage origination and servicing, 

many of which take effect in January 

2014, the CFPB has made technical and 

conforming changes to the HELOC 

Brochure. Specifically, the revised 

publication adds a reference to the 

requirement that lenders must provide 

borrowers with a list of housing 

counselors in their area, CFPB contact 

information, and updates to other 

Federal agency contact information. It 

also adds CFPB resources for consumers 

including information about how 

consumers can submit a complaint to 

the Bureau, a link to the Bureau’s online 

‘‘Ask CFPB’’ tool to find answers to 

questions about mortgages and other 

financial topics, and a link to an online 

tool to find local HUD-approved 

housing counseling agencies. 

CHARM Booklet 

In 1987, the Board revised Regulation 

Z, to require special disclosures for 

closed-end ARMs secured by the 

borrower’s principal dwelling with a 

term greater than one year. 52 FR 48665 

(Dec. 24, 1987). The Board and the 

Federal Home Loan Bank Board 

(predecessor to the former Office of 

Thrift Supervision (OTS)) developed the 

CHARM booklet in 1987 to fulfill that 

requirement and educate consumers 

about the features and risks associated 

with adjustable-rate mortgages. Under 

the Dodd-Frank Act, the responsibility 

for the CHARM Booklet transferred to 

the Bureau. Under 12 CFR 1026.19(b)(1), 

the ‘‘booklet titled Consumer Handbook 

on Adjustable Rate Mortgages, or a 

suitable substitute’’ must generally be 

given to consumers at the time an 

application for an adjustable-rate 

mortgage is provided or before the 

consumer pays a non-refundable fee, 

whichever is earlier. 

To reflect the transfer to the CFPB and 

ensure consistency with the Bureau’s 

rulemakings regulating practices in 

mortgage origination and servicing that 

take effect in January 2014, the CFPB 

has made technical and conforming 

changes to the CHARM Booklet. The key 

revisions to the CHARM booklet 

include: (1) Removing references to 

certain fees and product types that are 

no longer permitted, such as 

prepayment penalties on adjustable-rate 

mortgages; (2) adding information about 

the lender’s obligation to consider the 

borrower’s ability to repay the loan, 

provide disclosure of interest rate 

adjustments, and ensure a borrower has 

received homeownership counseling 

before making a negative amortization 

loan; and (3) adding CFPB contact 

information and resources for 

consumers and updates to other federal 

agency contact information. The CFPB 

resources added include: information 

about how consumers can submit a 

complaint to the Bureau; a link to the 

Bureau’s online ‘‘Ask CFPB’’ tool to find 

answers to questions about mortgages 

and other financial topics; and a link to 

an online tool to find local HUDapproved housing counseling agencies. 

Settlement Cost Booklet/Special 

Information Booklet 

In its enactment in 1974, RESPA 

required the provision of ‘‘special 

information booklets’’ to help persons 

borrowing money to finance the 

purchase of residential real estate to 

understand better the nature and costs 

of real estate settlement services. Public 

Law 93–553. Since 1976, HUD 

implemented this requirement by 

publishing the Settlement Cost Booklet. 

The Dodd-Frank Act amended 

RESPA, among other things, to transfer 

to the Bureau the responsibility for ‘‘a 

booklet to help consumers applying for 

federally related mortgage loans to 

understand the nature and costs of real 

estate settlement services.’’ 12 U.S.C. 

2604. Under 12 CFR 1024.6, lenders are 

directed to provide a copy of the special 

information booklet to each person who 

has submitted a written application for 

certain federally related mortgage loans 

within 3 business days after receiving 

the application. To reflect the transfer to 

the CFPB and ensure consistency with 

the Bureau’s rulemakings regulating 

practices in mortgage origination and 

servicing that take effect in January 

2014, the CFPB has made technical and 

conforming changes to the Settlement 

Cost Booklet. Specifically, the CFPB has 

revised the booklet to add information 

about new servicing protections for 

consumers, including servicer 

obligations to (1) respond promptly to 

consumer requests for information and 

notices of errors, (2) provide mortgage 

payoff statements and monthly billing 

information, and (3) contact delinquent 

consumers regarding options to avoid 

foreclosure. As with the HELOC 

Brochure and CHARM Booklet, the 

revised Settlement Cost Booklet also 

adds CFPB contact information and 

resources for consumers, and updates 

other federal agency contact 

information. The CFPB resources added 

include: information about how 

consumers can submit a complaint to 

the Bureau; a link to the Bureau’s online 

‘‘Ask CFPB’’ tool to find answers to 

questions about mortgages and other 

financial topics; and a link to an online 

tool to find local HUD-approved 

housing counseling agencies. These 

changes obviate the relevance of the 

permissible chang.es stated in 12 CFR 

1024.6(d)(1)(ii) and the last sentence of 

12 CFR 1024.6(d)(2) for those using the 

revised Settlement Cost Booklet. 

The CFPB is hereby publishing this 

notice of availability regarding the 

revised HELOC Brochure, CHARM 

Booklet, and Settlement Cost Booklet to 

provide appropriate notice of the 

revisions. 

Dated: January 6, 2014. 

Richard Cordray, 

Director, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2014–00272 Filed 1–9–14; 8:45 am] 

BILLING CODE 4810–AM–P 

mstockstill on DSK4VPTVN1PROD with NOTICES