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View ICR - OIRA Conclusion

OMB Control No: 3084-0157	ICR Reference No: 201112-3084-003
Status: Historical Active	Previous ICR Reference No: 201010-3084-002
Agency/Subagency: FTC	Agency Tracking No:
Title: Mortgage Assistance Relief Services Rule
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/03/2012
	Date Received in OIRA: 12/07/2011
Terms of Clearance: Federal Trade Commission ("FTC") is reducing burden estimates/changes based on the shared enforcement jurisdiction for this rule with the Consumer Financial Protection Board ("CFPB") under the Dodd-Frank Act. CFPB has incorporated into its recently submitted burden estimates.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2014	01/31/2014	01/31/2014
Responses	1,000	0	2,000
Time Burden (Hours)	32,500	0	65,000
Cost Burden (Dollars)	250,000	0	500,000

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute
Annual Number of Responses	1,000	2,000	-1,000
Annual Time Burden (Hours)	32,500	65,000	-32,500
Annual Cost Burden (Dollars)	250,000	500,000	-250,000

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: No

Burden Reduction Due to:

Short Statement: In recognition of the Dodd-Frank Act amendments, this requested adjustment would reduce by half the FTC's previously cleared burden hours estimate to correlate with the FTC's shared, overlapping enforcement jurisdiction with the CFPB for this rule.

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