Loan Application Register (HMDA)

ICR 200910-1550-001

OMB: 1550-0021

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2010-01-11
IC Document Collections
IC ID
Document
Title
Status
19842
Modified
ICR Details
1550-0021 200910-1550-001
Historical Active 200610-1550-001
TREAS/OTS
Loan Application Register (HMDA)
Revision of a currently approved collection   No
Regular
Approved with change 01/11/2010
Retrieve Notice of Action (NOA) 10/26/2009
Per OMB's requeest, agency modified supporting statement to better reflect downward adjustment of agency estimate of annual number of responses.
  Inventory as of this Action Requested Previously Approved
01/31/2013 36 Months From Approved 01/31/2010
588 0 6,170,823
147,488 0 185,125
0 0 0

The Home Mortgage Disclosure Act (HMDA), 12 U.S.C. 2801, requires this collection of information. In accordance with the HMDA, the Board of Governors of the Federal Reserve System (FRB) promulgates and administers HMDA regulations, which are prescribed as part of the FRB’s Regulation C (12 CFR 203), implementing the HMDA (12 U.S.C. 2801-2810). HMDA forms as well as collection and record keeping requirements are approved under OMB Control No. 7100-0247. The FRB supporting statement forms the decisional basis for the OMB action. This submission pertains to the burden imposed by Regulation C on the institutions OTS regulates.

US Code: 12 USC 2801 Name of Law: Home Mortgage Disclosure Act
  
None

Not associated with rulemaking

  74 FR 41489 08/17/2009
74 FR 55087 10/26/2009
No

1
IC Title Form No. Form Name
Loan Application Register (HMDA)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 588 6,170,823 0 0 -6,170,235 0
Annual Time Burden (Hours) 147,488 185,125 0 0 -37,637 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The change in burden is due to a decrease in the number of OTS-supervised HMDA reporters along with the leveling off of 1-4 family residential mortgage originations and refinancings as a result of higher interest rates and a variety of related factors. The burden per entry (application) remains at .03 hours.

$0
No
No
Uncollected
Uncollected
No
Uncollected
Stacy Messett 202 906-6241 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/26/2009


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