Federal Register / Vol. 77, No. 94 / Tuesday, May 15, 2012 / Notices 28571 

5Tianjin Magnesium Int’l, Co. v. United States, 

Ct. No. 09–00012, Slip Op. 12–54 (CIT April 25, 

2012). 

6See Pure Magnesium From the People’s 

Republic of China: Final Results of the 2009–2010 

Antidumping Duty Administrative Review of the 

Antidumping Duty Order, 76 FR 76945 (December 

9, 2011). 

7The rate for the other mandatory respondent in 

the instant administrative review, Shangxi Datuhu 

Coke & Chemicals Co., Ltd. (‘‘Datuhe’’), remains 

unchanged. In its first remand order, the Court 

resolved a ministerial error allegation, holding that 

there was no ministerial error because the 

Department’s acts were intentional. See Tianjin 

Magnesium Int’l, Co. v. United States, Ct. No. 09– 

00012, Slip Op. 10–87 (CIT August 9, 2010). 

1The Bureau has other rulemaking mandates that 

are not discussed in this document. 

111.73 percent. On April 25, 2012, the 

CIT sustained the Department’s 

Voluntary Remand Redetermination.5

Timken Notice 

In its decision in Timken, 893 F.2d at 

341, as clarified by Diamond Sawblades, 

the CAFC has held that, pursuant to 

section 516A(e) of the Act, the 

Department must publish a notice of a 

court decision that is not ‘‘in harmony’’ 

with a Department determination and 

must suspend liquidation of entries 

pending a ‘‘conclusive’’ court decision. 

The CIT’s April 25, 2012 judgment 

sustaining the Department’s voluntary 

remand results with respect to TMI 

constitutes a final decision of that court 

that is not in harmony with the 

Department’s Final Results. This notice 

is published in fulfillment of the 

publication requirements of Timken. 

Accordingly, the Department will 

continue the suspension of liquidation 

of the subject merchandise pending the 

expiration of the period of appeal, or if 

appealed, pending a final and 

conclusive court decision. The cash 

deposit rate will remain the companyspecific rate established for the 

subsequent and most recent period 

during which the respondent was 

reviewed.6

Amended Final Determination and 

Order 

Because there is now a final court 

decision, we are amending the Final 

Results with respect to TMI’s margin for 

the period May 1, 2006 through April 

30, 2007. The revised weighted-average 

dumping margin is as follows: 7

Exporter Percent 

margin 

Tianjin Magnesium International 

Co., Ltd ....................................... 111.73 

In the event the CIT’s ruling is not 

appealed or, if appealed, upheld by the 

CAFC, the Department will instruct U.S. 

Customs and Border Protection to assess 

antidumping duties on entries of the 

subject merchandise exported by TMI 

during the POR using the revised 

assessment rate calculated by the 

Department in the Voluntary Remand 

Redetermination. 

This notice is issued and published in 

accordance with sections 516A(e)(1), 

751(a)(1), and 777(i)(1) of the Act. 

Dated: May 9, 2012. 

Paul Piquado, 

Assistant Secretary for Import 

Administration. 

[FR Doc. 2012–11734 Filed 5–14–12; 8:45 am] 

BILLING CODE P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Submission for OMB Review; 

Comment Request 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for comment. 

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 

Generic Clearance for Collection of 

Information on Compliance Costs and 

Other Effects of Regulations that has 

been submitted to the Office of 

Management and Budget for review and 

approval. A copy of the submission, 

including copies of the proposed 

collection and supporting 

documentation, may be obtained by 

contacting the agency contact listed 

below. 

DATES: Written comments are 

encouraged and must be received on or 

before June 19, 2012 to be assured of 

consideration. 

ADDRESSES: You may submit comments 

to: 

• Agency contact: Consumer 

Financial Protection Bureau (Attention: 

PRA Office), 1700 G Street NW., 

Washington, DC 20552; 

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 the Consumer 

Financial Protection Bureau (Attention: 

PRA Office), 1700 G Street NW., 

Washington, DC 20552, or through the 

internet at CFPB_PRA_Public@cfpb.gov. 

SUPPLEMENTARY INFORMATION: 

OMB Number: 3170–XXXX. 

Type of Review: Generic Clearance 

Request. 

Title: Generic Clearance for Collection 

of Information on Compliance Costs and 

Other Effects of Regulations. 

Abstract: Under the Dodd-Frank Wall 

Street Reform and Consumer Protection 

Act (‘‘the Dodd-Frank Act’’), the Bureau 

has the responsibility for rulemaking, 

supervision, and enforcement with 

respect to various Federal consumer 

financial protection laws. Among other 

things, the Dodd-Frank Act directs the 

Bureau to promulgate rules regulating 

various aspects of the mortgage and 

remittance markets.1 For many of these 

directives there is a corresponding 

statutory deadline for a proposed or 

final rule. In such cases, if a final rule 

is not issued by a certain date, the 

statute will take effect automatically, as 

outlined in more detail below. 

A number of Federal laws require 

agencies to consider the benefits, costs, 

and impacts of rulemaking actions, 

including the Regulatory Flexibility Act 

and the Paperwork Reduction Act. 

Furthermore, Section 1022(b)(2)(A) of 

the Dodd-Frank Act calls for the Bureau 

to consider the potential benefits and 

costs of certain rules to consumers and 

‘‘covered persons,’’ including 

depository and non-depository 

providers of consumer financial 

products and services (‘‘providers.’’) 

This consideration includes an 

assessment of the impacts of rules on 

consumers in rural areas and on 

depository institutions and credit 

unions with total assets of $10 billion or 

less as described in section 1026 of the 

Dodd-Frank Act. As part of its analysis 

of benefits and costs of certain 

rulemakings, the Bureau will consider, 

among other things, the potential 

ongoing costs for a provider as well as 

the implementation costs the provider 

may incur in order to comply with a 

regulation. 

The Federal consumer financial laws 

for which the Bureau has been granted 

rulemaking authority that regulate 

aspects of the mortgage and remittance 

markets include: Alternative Mortgage 

Transaction Parity Act; the Consumer 

Leasing Act; the Equal Credit 

Opportunity Act; the Fair Credit Billing 

Act; the Fair Credit Reporting Act; the 

Fair Debt Collection Practices Act; the 

Federal Deposit Insurance Act; the 

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28572 Federal Register / Vol. 77, No. 94 / Tuesday, May 15, 2012 / Notices 

Homeowners Protection Act; the Home 

Mortgage Disclosure Act; the Home 

Ownership and Equity Protection Act; 

the Real Estate Settlement Procedures 

Act; the SAFE Mortgage Licensing Act; 

the Truth in Lending Act; the Interstate 

Land Sale Full Disclosures Act; and the 

Electronic Fund Transfer Act. The 

Dodd-Frank Act also provides dates by 

which the Bureau is to propose or 

finalize rules in the mortgage and 

remittance markets. With respect to 

mortgage loans, the Dodd-Frank Act 

requires the Bureau to propose new 

rules and forms combining disclosures 

mandated under TILA and RESPA by 

July 21, 2012. Additionally, certain 

statutory provisions of title XIV of the 

Dodd-Frank Act (the Mortgage Reform 

and Anti-Predatory Lending Act) take 

effect on January 21, 2013, in the 

absence of regulatory action by the 

Bureau. The Bureau believes it is critical 

to have regulations clarifying these 

provisions by such time. Further, 

certain other statutory provisions of title 

XIV require the Bureau to issue final 

rules by January 21, 2013. To meet these 

deadlines, the Bureau is planning to 

issue notices of proposed rulemakings 

by summer 2012. 

With respect to remittances, as 

required by the Dodd-Frank Act, the 

Bureau has adopted regulations 

implementing new statutory protections 

for remittance consumers which take 

effect in February 2013. The Bureau has 

also issued a proposal on several 

outstanding issues related to 

remittances, which the Bureau is 

seeking to finalize before the February 

effective date. 

In order to fulfill the Bureau’s 

rulemaking mandates, the Bureau seeks 

to collect qualitative information from 

mortgage and remittance industry 

participants regarding the potential 

compliance costs of these rules and 

other effects these rules may have for 

providers and consumers. 

In proposing new rules for providers 

in the mortgage markets—whether as to 

the enumerated statutory mandates 

listed above or as to potential 

rulemakings pursuant the Bureau’s 

general rulemaking authority under the 

relevant Federal consumer financial 

protection laws—the Bureau will 

consider the potential implementation 

and ongoing compliance activities and 

associated costs of the proposed rules. 

Accordingly, the Bureau seeks to collect 

qualitative information on the potential 

costs of complying with potential new 

regulations and other effects the rules 

may have for providers and consumers. 

Through the collections under this 

generic clearance, the Bureau aims to 

understand the effects of potential 

regulations on providers and 

consumers, the ways in which providers 

may comply with potential regulations, 

and the costs associated with 

compliance. By collecting this 

information in advance of and during 

the rulemaking process, the Bureau 

seeks to ensure that it has considered 

the compliance burdens and costs 

before completing a rulemaking action. 

The Bureau is particularly interested 

in collecting information on the impact 

of regulatory changes on the unit costs 

of delivering specific consumer 

financial products and services (e.g., 

mortgage originations, mortgage 

servicing, and remittance transfers). 

This will help determine whether 

proposed rules may have unnecessary 

costs for providers or consumers. 

In order to gather the information 

indicated above, the Bureau intends to 

use structured interviews, focus groups, 

conference calls, written questionnaires, 

and online surveys. The Bureau will 

seek different providers’ estimates of 

compliance burdens on their respective 

institutions. The Bureau recognizes that 

burdens vary depending on the size and 

type of the institution, as well as on the 

products and services offered. 

Therefore, the collections of information 

will seek to sample providers that are 

representative of affected markets. 

Affected Public: U.S. depository and 

non-depository financial institutions. 

Estimated Total Annual Burden 

Hours: 

Annual Number of Respondents: 

1,200 institutions. 

Average Minutes per Response: 90 

minutes for questions administered via 

focus groups, structured interviews, and 

conference calls. 60 minutes for 

questions delivered via email or 

administered through online survey. 

Annual Burden Hours: 1,560 hours. 

Comments are invited on: (a) Whether 

the collections of information shall have 

practical utility; (b) the accuracy of the 

agency’s estimate of the burden of the 

collections of information (including 

hours and costs); (c) ways to enhance 

the quality, utility, and clarity of the 

information to be collected; and (d) 

ways to minimize the burden of the 

collections of information on 

respondents, including through the use 

of automated collection techniques on 

other forms of information technology. 

All comments will be a matter of public 

record. 

Dated: May 8, 2012. 

Chris Willey, 

Chief Information Officer, Bureau of 

Consumer Financial Protection. 

[FR Doc. 2012–11668 Filed 5–14–12; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF EDUCATION 

Notice of Submission for OMB Review; 

Federal Student Aid; Loan Verification 

Certificate for Special Direct 

Consolidation Loans 

SUMMARY: This Loan Verification 

Certificate (LVC) will serve as the means 

by which the U.S. Department of 

Education (the Department) collects 

certain information from commercial 

holders of Federal Family Education 

Loan (FFEL) Program loans that a 

borrower wishes to consolidate into the 

William D. Ford Federal Direct Loan 

(Direct Loan) Program under a special 

initiative announced by the White 

House in an October 25, 2011 fact sheet 

titled ‘‘Help Americans Manage Student 

Loan Debt.’’ Loans made under this 

initiative are known as Special Direct 

Consolidation Loans. The information 

collected on the LVC includes the 

amount needed to pay off the loans that 

the borrower wants to consolidate and 

other information required by the 

Department to make and service a 

Special Direct Consolidation Loan. 

DATES: Interested persons are invited to 

submit comments on or before June 14, 

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 04857. 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 

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