Notice2023-02646
Agency Information Collection Activities; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 8, 2023
Issuing agencies
Consumer Financial Protection Bureau
Abstract
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau or CFPB) is requesting to extend the Office of Management and Budget's (OMB's) approval for an existing information collection titled "Real Estate Settlement Procedures Act (Regulation X)" approved under OMB Control Number 3170- 0016.
Full Text
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<title>Federal Register, Volume 88 Issue 26 (Wednesday, February 8, 2023)</title>
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[Federal Register Volume 88, Number 26 (Wednesday, February 8, 2023)]
[Notices]
[Page 8262]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-02646]
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BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No. CFPB-2023-0013]
Agency Information Collection Activities; Comment Request
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice and request for comment.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (Bureau or CFPB) is requesting
to extend the Office of Management and Budget's (OMB's) approval for an
existing information collection titled ``Real Estate Settlement
Procedures Act (Regulation X)'' approved under OMB Control Number 3170-
0016.
DATES: Written comments are encouraged and must be received on or
before April 10, 2023 to be assured of consideration.
ADDRESSES: You may submit comments, identified by the title of the
information collection, OMB Control Number (see below), and docket
number (see above), by any of the following methods:
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
Follow the instructions for submitting comments.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#441416051b072b2929212a303704272234266a232b32"><span class="__cf_email__" data-cfemail="3e6e6c7f617d5153535b504a4d7e5d584e5c10595148">[email protected]</span></a>. Include Docket No. CFPB-
2023-0013 in the subject line of the email.
<bullet> Mail/Hand Delivery/Courier: Comment Intake, Consumer
Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW,
Washington, DC 20552. Because paper mail in the Washington, DC area and
at the Bureau is subject to delay, commenters are encouraged to submit
comments electronically.
Please note that comments submitted after the comment period will
not be accepted. In general, all comments received will become public
records, including any personal information provided. Sensitive
personal information, such as account numbers or Social Security
numbers, should not be included.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Anthony May, PRA Officer, at (202) 435-7278, or
email: <a href="/cdn-cgi/l/email-protection#ffbcb9afbda0afadbebf9c998f9dd1989089"><span class="__cf_email__" data-cfemail="2e6d687e6c717e7c6f6e4d485e4c00494158">[email protected]</span></a>. If you require this document in an
alternative electronic format, please contact
<a href="/cdn-cgi/l/email-protection#01424751435e4062626472726863686d68757841626771632f666e77"><span class="__cf_email__" data-cfemail="6724213725382604040214140e050e0b0e131e270401170549000811">[email protected]</span></a>. Please do not submit comments to these
email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: Real Estate Settlement Procedures Act
(Regulation X).
OMB Control Number: 3170-0016.
Type of Review: Extension without change of a currently approved
collection.
Affected Public: Private sector: business or other for-profits,
not-for-profit institutions.
Estimated Number of Respondents: 12,506.
Estimated Total Annual Burden Hours: 1,087,981.
Abstract: Regulation X \1\ implements the Real Estate Settlement
Procedures Act (RESPA).\2\ Regulation X contains information
collections in the form of various disclosure and recordkeeping
requirements. The disclosures in this collection are required by the
statute and implementing regulations. Consumers use the disclosures
required by RESPA and Regulation X to inform their choice of settlement
service providers, review the final terms of a settlement, understand
whom to contact about questions concerning their mortgage loan, and
identify/protect themselves against inaccurate or questionable loan
servicing practices.
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\1\ 12 CFR parts 1024.1-.41.
\2\ 12 U.S.C. 2601 et seq.
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Regulation X requires these information collections. However, to
the extent that compliance with requirements in Regulation Z \3\
provides an exemption from compliance with similar requirements in
Regulation X, any relevant information collection burden is accounted
for in OMB Control Number 3170-0015.
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\3\ 12 CFR 1026.
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Request for Comments: Comments are invited on: (a) Whether the
collection of information is necessary for the proper performance of
the functions of the Bureau, including whether the information will
have practical utility; (b) The accuracy of the Bureau's estimate of
the burden of the collection of information, including the validity of
the methods 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. Comments submitted in response to this
notice will be summarized and/or included in the request for OMB's
approval. All comments will become a matter of public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-02646 Filed 2-7-23; 8:45 am]
BILLING CODE 4810-AM-P
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