Recordkeeping and Disclosure Requirements Associated with CFPB’s Regulation Z

ICR 202410-7100-002

OMB: 7100-0199

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2024-10-31
IC Document Collections
IC ID
Document
Title
Status
36212
Unchanged
249478
Unchanged
249477
Unchanged
249476
Unchanged
249475
Unchanged
249474
Unchanged
249473
Unchanged
249471
Unchanged
221346
Unchanged
221345
Unchanged
221344
Unchanged
221343
Unchanged
221341
Unchanged
221336
Unchanged
221335
Unchanged
221331
Unchanged
206185
Unchanged
206183
Unchanged
200253
Unchanged
199372
Unchanged
197094
Unchanged
193825
Unchanged
191438
Unchanged
189274
Unchanged
179781
Unchanged
179780
Unchanged
179778
Unchanged
179777
Unchanged
179775
Unchanged
179773
Unchanged
179772
Unchanged
179769
Unchanged
ICR Details
7100-0199 202410-7100-002
Active 202401-7100-003
FRS FR Z
Recordkeeping and Disclosure Requirements Associated with CFPB’s Regulation Z
Extension without change of a currently approved collection   No
Delegated
Approved without change 10/31/2024
Retrieve Notice of Action (NOA) 10/31/2024
  Inventory as of this Action Requested Previously Approved
10/31/2027 36 Months From Approved 10/31/2024
23,153,134 0 23,153,134
387,079 0 387,079
0 0 0

The Truth in Lending Act (TILA) and Regulation Z promote the informed use of credit by consumers for personal, family, or household purposes by requiring disclosures about its terms and costs, as well as ensuring that consumers are provided with timely information on the nature and costs of the residential real estate settlement process.

US Code: 15 USC 1604 Name of Law: Truth in Lending Act
  
None

Not associated with rulemaking

  89 FR 48645 06/07/2024
89 FR 85972 10/29/2024
No

32
IC Title Form No. Form Name
Disclosure Section 1026.11(c)(2) Open-end credit (Not home-secured) Timely settlement of estate debts account information to estate administrator
Disclosure Section 1026.20(c) Closed-end credit (Mortgage) ARM disclosures
Disclosure Section 1026.20(d) Closed-end credit (Mortgage) Initial rate adjustment notice
Disclosure Section 1026.36(c)(3) Open and closed end mortgage Payoff statements
Disclosure Section 1026.39 Open and closed end mortgage Mortgage transfer disclosure
Disclosure Section 1026.40 Open-end credit (Home-equity) Application disclosures
Disclosure Section 1026.41 Closed-end credit (Mortgage) Periodic statements
Disclosure Section 1026.47 Private education loans Private student loan disclosures
Disclosure Section 1026.6(a) Open-end credit (Home-equity) Account opening disclosures
Disclosure Section 1026.6(b) Open-end credit (Not home-secured) Account opening disclosures
Disclosure Section 1026.60 Open-end credit (Not home-secured) Applications and solicitations
Disclosure Section 1026.7(a) Open-end credit (Home-equity) Periodic statements
Disclosure Section 1026.7(b) Open-end credit (Not home-secured) Periodic statements
Disclosure Section 1026.9 Open-end credit (Not home-secured) Change-in-terms disclosures
Disclosure Sections 1026.16 and 1026.24 Advertising rules (All credit types) Advertising rules
Disclosure Sections 1026.17 and 1026.18 Closed-end credit (Non-mortgage) Closed-end credit disclosures
Disclosure Sections 1026.18(s) and 1026.18(t)(1) Closed-end credit (Mortgage) Interest rate and payment summary and "No-guarantee-to-refinance" statement
Disclosure Sections 1026.19(e) and 1026.37 Closed-end credit (Mortgage) Loan estimate
Disclosure Sections 1026.19(f) and 1026.38 Closed-end credit (Mortgage) Closing disclosure
Disclosure Sections 1026.20(c)-(e), 1026.36, 1026.39, and 1026.41 Closed-end credit (Mortgage) Post-consummation disclosures for successors in interest
Disclosure Sections 1026.31(c)(2) and 1026.33 Certain home mortgage types Reverse mortgage disclosures
Disclosure Sections 1026.31, 1026.32, and 1026.36 Certain home mortgage types HOEPA disclosures
Disclosure Sections 1026.41(e) and (f) Closed-end credit (Mortgage) Periodic statements in bankruptcy
Disclosure Sections 1026.43(c), (d), and (f) Certain home mortgage types Appraisals for higher-priced mortgage loans Investigate and verify requirement for additional appraisal
Disclosure Sections 1026.43(c), (d), and (f) Certain home mortgage types Appraisals for higher-priced mortgage loans Review and provide copy of additional appraisal
Disclosure Sections 1026.43(c), (d), and (f) Certain home mortgage types Appraisals for higher-priced mortgage loans Review and provide copy of initial appraisal
Disclosure Sections 1026.9(a) and 1026.13 All open-end credit Error resolution Credit cards
Disclosure Sections 1026.9(c)(1)(i) and (ii) Open-end credit (Home-equity) Change-in-terms disclosures
Disclosure Sections 1026.9(c)(1)(iii) and 1026.40(f)(3)(i)) and (f)(3)(vi) Open-end credit (Home-equity) Notices to restrict credit
Disclosures Section 1026.34(a)(5)(i) Certain home mortgage types HOEPA receipt of certification of couseling for high-cost mortgages
Recordkeeping Section 1026.11(c) Open-end credit (Not home-secured) Timely settlement of estate debts policies
Recordkeeping Section 1026.51 Open-end credit (Not home-secured) Ability to pay policies

  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 23,153,134 23,153,134 0 0 0 0
Annual Time Burden (Hours) 387,079 387,079 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
No
Kareemat Ayodeji 757 921-4888 [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.
10/31/2024


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