Federal Register / Vol. 77, No. 83 / Monday, April 30, 2012 / Notices 25439 

information from state, local, and tribal 

governments related to the Bureau’s 

exercise of its functions under the Dodd 

Frank Act. These governments interact 

closely with consumers and are critical 

partners in promoting transparency and 

competition in the marketplace, 

preventing unfair and unlawfully 

discriminatory practices, and enforcing 

consumer financial laws. The 

information collected through the Office 

of Intergovernmental Affairs Outreach 

Activities will be shared, as appropriate, 

within the Bureau in the exercise of its 

functions, such as the Bureau’s financial 

education, rulemaking, market 

monitoring, outreach to traditionally 

underserved populations, fair lending 

monitoring, supervision, and 

enforcement functions. 

The information collected may be 

used to form policies and programs 

presented to state, local, and tribal 

governments, as well as to other federal 

agencies and the general public. Nearly 

all information collection will involve 

the use of electronic communication or 

other forms of information technology 

and telephonic means. 

Current Actions: Request for new 

approval of collection activities. 

Type of Review: New collection. 

Affected Public: State, Local, or Tribal 

Governments. 

Estimated Number of Responses: 

1,600. 

Estimated Time per Respondent: 2 

hours. 

Estimated Total Annual Burden 

Hours: 3,200. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information, including the validity of 

the methodology 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. 

Dated: April 24, 2012, 

Chris Willey, 

Chief Information Officer, Bureau of 

Consumer Financial Protection. 

[FR Doc. 2012–10288 Filed 4–27–12; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Submission for OMB Review; 

Comment Request 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Bureau of Consumer 

Financial Protection (Bureau), as part of 

its continuing effort to reduce 

paperwork and respondent burden, 

invites the general public and other 

Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3507(a)(1)(D)). The Bureau is soliciting 

comments regarding the information 

collection requirements relating to the 

Mortgage Assistance Relief Services that 

have been submitted to the Office of 

Management and Budget for review and 

approval. A copy of the submission may 

be obtained by contacting the agency 

contact listed below. 

DATES: Written comments are 

encouraged and must be received on or 

before May 30, 2012 to be assured of 

consideration. 

ADDRESSES: You may submit comments, 

identified by OMB number 3170–0008, 

by any of the following methods: 

• Agency Contact: Consumer 

Financial Protection Bureau (Attention: 

PRA Office), 1700 G Street NW., 

Washington, DC 20552: (202) 435–7741: 

CFPB_Public_PRA@cfpb.gov. 

• OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Joseph Durbala, 

(202) 435–7893, at the Consumer 

Financial Protection Bureau, (Attention: 

Joseph Durbala, PRA Office), 1700 G 

Street NW., Washington, DC 20552, or 

through the internet at 

CFPB_Public_PRA@cfpb.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Home Mortgage Disclosure Act 

(Regulation C) 12 CFR Part 1003. 

OMB Number: 3170–0008. 

Abstract: The Home Mortgage 

Disclosure Act (HMDA) requires most 

mortgage lenders lending in 

metropolitan areas to collect data about 

their housing-related lending activity. 

Annually, lenders must report those 

data to the appropriate Federal agencies 

and make the data available to the 

public. The CFPB’s regulation requires 

covered financial institutions that meet 

certain thresholds to maintain data 

about home loan applications (e.g., the 

type of loan requested, the purpose of 

the loan, whether the loan was 

approved, and the type of purchaser if 

the loan was later sold), to update the 

information quarterly, and to report the 

information annually. The purpose of 

the information collection is: (i) To help 

determine whether financial institutions 

are serving the housing needs of their 

communities; (ii) to assist public 

officials in distributing public-sector 

investment so as to attract private 

investment to areas where it is needed; 

and (iii) to assist in identifying possible 

discriminatory lending patterns and 

enforcing antidiscrimination statutes. 

The information collection will assist 

the CFPB’s examiners, and examiners of 

other Federal supervisory agencies, in 

determining that the financial 

institutions they supervise comply with 

applicable provisions of HMDA. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses or other 

for profits. 

Estimated Number of Responses: 

23,453. 

Estimated Time per Response: 6 hours 

34 minutes. 

Estimated Total Annual Burden 

Hours: 154,000. 

Dated: April 6, 2012. 

Chris Willey, 

Chief Information Officer, Bureau of 

Consumer Financial Protection. 

[FR Doc. 2012–10287 Filed 4–27–12; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Submission for OMB Review; 

Comment Request 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Bureau of Consumer 

Financial Protection (Bureau), as part of 

its continuing effort to reduce 

paperwork and respondent burden, 

invites the general public and other 

Federal agencies to take this 

mstockstill on DSK4VPTVN1PROD with NOTICES

25440 Federal Register / Vol. 77, No. 83 / Monday, April 30, 2012 / Notices 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3507(a)(1)(D)). The Bureau is soliciting 

comments regarding the information 

collection requirements relating to the 

Interstate Land Sales Full Disclosure 

Act that have been submitted to the 

Office of Management and Budget for 

review and approval. A copy of the 

submission may be obtained by 

contacting the agency contact listed 

below. 

DATES: Written comments are 

encouraged and must be received on or 

before May 30, 2012 to be assured of 

consideration. 

ADDRESSES: You may submit comments, 

identified by OMB number 3170–0012, 

by any of the following methods: 

• Agency Contact: Consumer 

Financial Protection Bureau (Attention: 

PRA Office), 1700 G Street NW., 

Washington, DC 20552: (202) 435–7741: 

CFPB_Public_PRA@cfpb.gov. 

• OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Joseph Durbala, 

(202) 435–7893, at the Consumer 

Financial Protection Bureau, (Attention: 

Joseph Durbala, PRA Office), 1700 G 

Street NW., Washington, DC 20552, or 

through the internet at 

CFPB_Public_PRA@cfpb.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Interstate Land Sales Full 

Disclosure Act (Regulations J, K, and L) 

12 CFR Part 1010. 

OMB Number: 3170–0012. 

Abstract: The respondents are land 

developers (or attorneys or others who 

work for them). Developers must submit 

an initial Statement of Record 

(registration) to the CFPB and receive an 

effective date before they can offer lots 

for sale or lease. The Statement of 

Record includes the proposed property 

report and additional information and 

documents that support the developer’s 

disclosures in the property report. The 

developer is responsible for ensuring 

that the registration is accurate and does 

not omit information needed for a 

purchaser to make an informed 

decision. Developers must give 

purchasers an effective property report 

before the purchaser signs the sales 

contract. Developers must submit 

amendments to their registrations if any 

information in their initial registration 

changes. They must also submit a 

consolidated filing if they offer 

additional lots for sale. Each year the 

developer must submit an annual 

financial statement and an annual report 

that is prepared in the format required 

by Section 1010.310 of the regulations. 

A developer may voluntarily suspend 

his registration by submitting a 

Voluntary Suspension form or through 

the Annual Report. There are no other 

forms. The CFPB conducts a facial 

review of the submissions. The 

developer may request an Advisory 

Opinion if a developer has questions 

about the applicability of one of the 

exemptions from registration. A CFPB 

determination is required only if a 

developer claims an exemption from 

registration under the multiple site or 

substantial compliance exemption. The 

other 24 exemptions are selfdetermining. Finally, the CFPB may 

require additional information from 

developers in response to investigations 

of complaints. The Voluntary 

Suspension form is voluntary and is a 

convenient way for developers to 

voluntarily suspend their registration. 

The form is not required and is not the 

only way that developers may close 

their registration. They may also end 

their registration through their annual 

report. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses or other 

for profits. 

Estimated Number of Responses: 

88,887. 

Estimated Time per Response: 23 

minutes. 

Estimated Total Annual Burden 

Hours: 34,563. 

Dated: April 6, 2012. 

Chris Willey, 

Chief Information Officer, Bureau of 

Consumer Financial Protection. 

[FR Doc. 2012–10285 Filed 4–27–12; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Submission for OMB Review; 

Comment Request 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Bureau of Consumer 

Financial Protection (Bureau), as part of 

its continuing effort to reduce 

paperwork and respondent burden, 

invites the general public and other 

Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3507(a)(1)(D)). The Bureau is soliciting 

comments regarding the information 

collection requirements relating to the 

Truth in Lending Act that have been 

submitted to the Office of Management 

and Budget for review and approval. A 

copy of the submission may be obtained 

by contacting the agency contact listed 

below. 

DATES: Written comments are 

encouraged and must be received on or 

before May 30, 2012 to be assured of 

consideration. 

ADDRESSES: You may submit comments, 

identified by OMB number 3170–0015, 

by any of the following methods: 

• Agency Contact: Consumer 

Financial Protection Bureau (Attention: 

PRA Office), 1700 G Street NW., 

Washington, DC 20552: (202) 435–7741: 

CFPB_Public_PRA@cfpb.gov. 

• OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Joseph Durbala, 

(202) 435–7893, at the Consumer 

Financial Protection Bureau, (Attention: 

Joseph Durbala, PRA Office), 1700 G 

Street NW., Washington, DC 20552, or 

through the internet at 

CFPB_Public_PRA@cfpb.gov. 

SUPPLEMENTARY INFORMATION: Title: 

Truth in Lending Act (Regulation Z) 12 

CFR Part 1026. 

OMB Number: 3170–0015. 

Abstract: Federal and state 

enforcement agencies and private 

litigants use records retained under the 

requirement of Regulation Z to ascertain 

whether accurate and complete 

disclosures of the cost of credit have 

been provided to consumers prior to 

consummation of the credit obligation 

and, in some instances, during the loan 

term. The information is also used to 

determine whether other actions 

required under the TILA, including 

complying with billing error resolution 

procedures and limitation of consumer 

liability for unauthorized use of credit, 

have been met. The information 

retained provides the primary evidence 

of law violations in TILA enforcement 

actions brought by Federal agencies. 

Without the Regulation Z recordkeeping 

requirement, the agencies’ ability to 

enforce the TILA would be significantly 

impaired. As noted above, consumers 

rely on the disclosures required by the 

TILA and Regulation Z to shop among 

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