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Federal forms, ICRs, and supporting documents

Information Collection Request

Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity)

ICR 200705-7100-013 · OMB 7100-0201 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
RegB.200705_83c.pdf Justification for No Material/Nonsubstantive Change Uploaded 2007-06-01 Available
IC Document Collections
IC IDCollectionTypeStatusForm
36225 Notifications (202.9) Modified
180424 Rules concerning requests for information (202.5) (Disclosure for optional self-test) New
180423 Self-testing record retention (Self correction) (202.15) New
180422 Self-testing record retention (Incentives) (202.12) New
180421 Rules on providing appraisal reports (202.14) - Notice of right to appraisal New
180420 Rules on providing appraisal reports (202.14) (Appraisal report upon request) New
180350 Information for monitoring purposes (202.13) New
180349 Record retention (applications, actions, and prescreened solicitations) (Section 202.12) New
180348 Furnishing of credit information (202.10) New
ICR Details
7100-0201 200705-7100-013
Historical Active 200601-7100-002
FRS Regulation B
Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity)
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 06/06/2007
Retrieve Notice of Action (NOA) 06/06/2007
  Inventory as of this Action Requested Previously Approved
01/31/2009 01/31/2009 01/31/2009
6,086,002 0 6,966,496
165,630 0 189,540
0 0 0
Regulation B prohibits creditors from discriminating against credit applicants on any of the bases specifically mentioned in the Equal Credit Oportunity Act, establishes guidelines for gathering and evaluating credit information and requires creditors to retain records as evidence of compliance.
US Code: 15 USC 1691 Name of Law: Equal Credit Opportunity Act
   PL: Pub.L. 104 - 208 2302(a) Name of Law: Omnibus Consolidated Appropriations Act, 1997
  
None
Not associated with rulemaking
No
  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 6,086,002 6,966,496 0 0 -880,494 0
Annual Time Burden (Hours) 165,630 189,540 0 0 -23,910 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours reflects an update to the Reg B respondent count.
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
John Schmidt 202-728-5859 [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.
06/06/2007