[Federal Register: November 22, 2004 (Volume 69, Number 224)]
[Notices]
[Page 67912-67913]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22no04-60]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act, as
per 5 CFR 1320.16, to approve of and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR 1320
Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the OMB 83-Is and supporting
statements and approved collection of information instruments are
placed into OMB's public docket files. The Federal Reserve may not
conduct or sponsor, and the respondent is not required to respond to,
an information collection that has been extended, revised, or
implemented on or after October 1, 1995, unless it displays a currently
valid OMB control number.
Request for comment on information collection proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. whether the proposed collection of information is necessary for
the proper
[[Page 67913]]
performance of the Federal Reserve's functions; including whether the
information has practical utility;
b. the accuracy of the Federal Reserve's estimate of the burden of
the proposed information collection, including the validity of the
methodology and 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before January 21, 2005.
ADDRESSES: You may submit comments, identified by FR HMDA-LAR, by any
of the following methods:
Agency Web site: http://www.federalreserve.gov Follow the instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: regs.comments@federalreserve.gov. Include docket
number in the subject line of the message.
FAX: 202/452-3819 or 202/452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
N.W., Washington, DC 20551.
All public comments are available from the Board's web site at
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted,
except as necessary for technical reasons. Accordingly, your comments
will not be edited to remove any identifying or contact information.
Public comments may also be viewed electronically or in paper in Room
MP-500 of the Board's Martin Building (20th and C Streets, N.W.)
between 9:00 a.m. and 5:00 p.m. on weekdays.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and
instructions, the Paperwork Reduction Act Submission (OMB 83-I),
supporting statement, and other documents that will be placed into
OMB's public docket files once approved may be requested from the
agency clearance officer, whose name appears below.
Cindy Ayouch, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following report:
Report title: Home Mortgage Disclosure Act (HMDA) Loan/Application
Register.
Agency form number: FR HMDA-LAR.
OMB control number: 7100-0247.
Frequency: Annual.
Reporters: State member banks, subsidiaries of state member banks,
subsidiaries of bank holding companies, U.S. branches and agencies of
foreign banks (other than federal branches, federal agencies, and
insured state branches of foreign banks), commercial lending companies
owned or controlled by foreign banks, organizations under section 25 or
25A of the Federal Reserve Act.
Annual reporting hours: 150,942 hours.
Estimated average hours per response: State member banks, 242
hours; and mortgage subsidiaries, 192 hours.
Number of respondents: 519 State member banks, and 132 mortgage
subsidiaries.
General description of report: This information collection is
mandatory (12 U.S.C. 2803). The information is not given confidential
treatment, however, information that might identify individual
borrowers or applicants is given confidential treatment under exemption
6 of the Freedom of Information Act (5 U.S.C. 552(b)(6)) and section
304 (j)(2)(B) of HMDA (12 U.S.C. 2803).
Abstract: The information reported and disclosed pursuant to this
collection is used to further the purposes of HMDA. These include: (1)
to help determine whether financial institutions are serving the
housing needs of their communities; (2) to assist public officials in
distributing public-sector investments so as to attract private
investment to areas where it is needed; and (3) to assist in
identifying possible discriminatory lending patterns and enforcing
anti-discrimination statutes.
Board of Governors of the Federal Reserve System, November 16,
2004.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 04-25772 Filed 11-19-04; 8:45 am]
BILLING CODE 6210-01-S