Recordkeeping, Disclosure and Reporting Requirements in Connection with Regulation Z (Truth in Lending)

ICR 201709-3064-008

OMB: 3064-0082

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-02-21
Supplementary Document
2018-02-20
Supplementary Document
2018-02-13
IC Document Collections
IC ID
Document
Title
Status
31827
Removed
229367
New
229366
New
229365
New
229364
New
229363
New
229362
New
229361
New
229360
New
229353
New
229352
New
229351
New
229350
New
229348
New
229347
New
229346
New
229345
New
229344
New
229343
New
229342
New
229341
New
229340
New
229339
New
229338
New
229337
New
229336
New
229335
New
229334
New
229333
New
229332
New
229331
New
229329
New
229328
New
229327
New
229326
New
229325
New
229324
New
229323
New
229322
New
229321
New
229320
New
229319
New
229318
New
229317
New
229316
New
229315
New
229314
New
198816
Removed
ICR Details
3064-0082 201709-3064-008
Active 201405-3064-003
FDIC
Recordkeeping, Disclosure and Reporting Requirements in Connection with Regulation Z (Truth in Lending)
Revision of a currently approved collection   No
Regular
Approved without change 05/17/2018
Retrieve Notice of Action (NOA) 02/21/2018
  Inventory as of this Action Requested Previously Approved
05/31/2021 36 Months From Approved 05/31/2018
14,642,857 0 8,796
2,395,630 0 2,371,008
0 0 0

Consumer Financial Protection Bureau (CFPB) Regulation Z - 12 CFR 1026 implements the Truth in Lending Act (15 U.S.C. 1601, et seq.) and certain provisions of the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.). This regulation prescribes uniform methods for computing the cost of credit, the disclosure of credit terms and costs, the resolution of errors and imposes various other recordkeeping, reporting and disclosure requirements. The FDIC has enforcement authority on the requirements of the CFPB’s Regulation over the financial institutions it supervises. This information collection captures the recordkeeping, reporting and disclosure burdens of Regulation Z on FDIC-supervised institutions.

US Code: 15 USC 1607 Name of Law: Truth-in-Lending Act
  
US Code: 12 USC 5301 et seq. Name of Law: Dodd-Frank Wall Street Reform And Consumer Protection Act

Not associated with rulemaking

  82 FR 57751 12/07/2017
83 FR 7179 02/20/2018
No

46
IC Title Form No. Form Name
Valuation Independence - Implement Written Policies and Procedures (One Time)
Recordkeeping and Disclosure Requirements in Connection with Regulation Z (Truth in Lending)
Initial disclosures Section 226.6 One-time change (R-1399)
Credit and Charge Card Applications and Solicitations
Account Opening Disclosures
Annual Statement of Billing Rights (Open-End Credit Not Home-Secured)
Alternative Summary Statement of Billing Rights (Open-End Credit Not Home-Secured)
Change in Terms Disclosures (Open-End Credit Not Home-Secured)
Timely Settlement of Estate Debts (Credit and Charge Cards)
Ability to Pay Determination (Credit and Charge Cards)
College Student Credit Annual Report (Credit and Charge Cards)
Submission of Credit Card Agreements (Credit and Charge Cards)
Internet Posting of Credit Card Agreements (Credit and Charge Cards)
Periodic Statements (Open-End Credit Not Home-Secured)
Change in Terms Disclosures (HELOC's)
Individual Credit Card Agreements (Credit and Charge Cards)
Application Disclosures (HELOC's)
Account Opening Disclosures (HELOC's)
Reporting Appraiser Noncompliance (All Mortgage Products)
Application and Solicitation Disclosures (Private Education Loans)
Evidence of Compliance - Record Retention
Escrow Cancellation Notice (Closed-End Mortgages)
Ability to Pay Requirements (Closed-End Mortgages)
Prepayment Penalties (Closed-End Mortgages)
Payoff Statements (All Mortgage Products)
Notice of Sale or Transfer (All Mortgage Products)
Periodic Statements (Closed-End Mortgages)
HOEPA Disclosures and Notice
Reverse Mortgage Disclosures
Approval Disclosures (Private Education Loans)
Final Disclosures (Private Education Loans)
Advertising Rules Open-End Credit
Advertising Rules Closed-End Credit
Timely Settlement of Estate Debts - Implement Written Policies and Procedures (One Time)
Ability to Pay - Implement Written Policies and Procedures (One Time)
Periodic Statements (HELOC's)
Annual Statement of Billing Rights (HELOC's)
Alternative Summary Statement of Billing Rights (HELOC's)
Notice to Restrict Credit (HELOC's)
Error Resolution (Open-End Credit)
General Disclosures (Closed-End Credit)
Application and Consummation Loan Estimate (Closed-End Mortgages)
Application and Consummation Closing Disclosure (Closed-End Mortgages)
Record Retention of Disclosures (Closed-End Mortgages)
Post-Consummation Interest Rate and Payment Summary (Closed-End Mortgages)
No Guaranty to Refinance Statement (Closed-End Mortgages)
ARM's Rate Adjustments with Payment Change Disclosures (Closed-End Mortgages)
Initial Rate Adjustment Disclosure for ARM's (Closed-End Mortgages)

  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 14,642,857 8,796 0 0 14,634,061 0
Annual Time Burden (Hours) 2,395,630 2,371,008 0 0 24,622 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
Yes
No
Uncollected
Manuel Cabeza 202 898-3781 mcabeza@fdic.gov

  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.
02/21/2018


© 2024 OMB.report | Privacy Policy