Fair Housing Home Loan Data System Regulation - 12 CFR 27

Forms and Documents

Document Name	Status
1557-0159 Supporting Statement 11-15-17.doc Supporting Statement A	2017-11-27

IC Document Collections

IC ID	Document Title	Status
212262	12 CFR 27.7	Modified
212261	12 CFR 27.5 Record Retention Period	Modified
212260	12 CFR 27.4 Inquiry/Application Log	Modified
212259	12 CFR 27.3(c) Additional Information Required in the Loan File	Modified
212258	12 CFR 27.3(b) Information Required on Applications for Home Loans	Modified
20046	12 CFR 27.3(a); 128; and 1003 Quarterly Recordkeeping	Modified

ICR Details

OMB Control No: 1557-0159	ICR Reference No: 201711-1557-006
Status: Active	Previous ICR Reference No: 201706-1557-002
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Fair Housing Home Loan Data System Regulation - 12 CFR 27
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/03/2018
	Date Received in OIRA: 12/01/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2021	36 Months From Approved	11/30/2020
Responses	4,966	0	7,926
Time Burden (Hours)	19,864	0	31,704
Cost Burden (Dollars)	0	0	0

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Abstract: The Fair Housing Act (42 U.S.C. 3605) prohibits discrimination in the financing of housing on the basis of race, color, religion, sex, or national origin. The Equal Credit Opportunity Act (15 U.S.C. 1691 et seq.) prohibits discrimination in any aspect of a credit transaction on the basis of race, color, religion, national origin, sex, marital status, age, receipt of income from public assistance, or exercise of any right under the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.). The OCC is responsible for ensuring that national banks and Federal savings associations comply with those laws. This information collection is needed to promote compliance and for OCC to fulfill its statutory responsibilities. This ICR is being filed to incorporate the changes made to Regulation C by the CFPB on October 28, 2015.

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Authorizing Statute(s): US Code: 42 USC 3605 Name of Law: Fair Housing Act
   US Code: 15 USC 1601 et seq. Name of Law: Consumer Credit Protection Act
   US Code: 15 USC 1691 et seq. Name of Law: Equal Credit Opportunity Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 44873	09/26/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 57025	12/01/2017
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 6

IC Title	Form No.	Form Name
12 CFR 27.4 Inquiry/Application Log
12 CFR 27.5 Record Retention Period
12 CFR 27.7
12 CFR 27.3(a); 128; and 1003 Quarterly Recordkeeping
12 CFR 27.3(b) Information Required on Applications for Home Loans
12 CFR 27.3(c) Additional Information Required in the Loan File

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ICR Summary of Burden

	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	4,966	7,926	0	-2,960	0	0
Annual Time Burden (Hours)	19,864	31,704	0	-11,840	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The reduction in burden is due to the changes to Regulation C, which resulted in fewer respondents.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/01/2017

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