Federal Reserve System proposes extending mortgage loan originator registration

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ACTION:

Notice, request for comment.

SUMMARY:

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without
revision, the Registration of Mortgage Loan Originators (CFPB G; OMB No. 7100-0328).

DATES:

Comments must be submitted on or before May 18, 2026.

ADDRESSES:

You may submit comments, identified by CFPB G, by any of the following methods:

• Agency Website: https://www.federalreserve.gov/apps/proposals/. Follow the instructions for submitting comments, including attachments. Preferred Method.

• Mail: Benjamin W. McDonough, Deputy Secretary and Ombuds, Board of Governors of the Federal Reserve System, 20th Street and Constitution
Avenue NW, Washington, DC 20551.

• Hand Delivery/Courier: Same as mailing address.

• Other Means: publiccomments@frb.gov. You must include the OMB number or the FR number in the subject line of the message.

Comments received are subject to public disclosure. In general, comments received will be made available on the Board's website
at https://www.federalreserve.gov/apps/proposals/ without change and will not be modified to remove personal or business information including confidential, contact, or other
identifying information. Comments should not include any information such as confidential information that would not be appropriate
for public disclosure. Public comments may also be viewed electronically or in person in Room M-4365A, 2001 C St. NW, Washington,
DC 20551, between 9 a.m. and 5 p.m. during Federal business weekdays.

Additionally, commenters may send a copy of their comments to the Office of Management and Budget (OMB) Desk Officer for the
Federal Reserve Board, Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office
Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal
Reserve System, nuha.elmaghrabi@frb.gov, (202) 452-3884.

SUPPLEMENTARY INFORMATION:

On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control
numbers to collections of information conducted or sponsored by the Board. In exercising this delegated authority, the Board
is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information,
the Board will consider all comments received from the public and other agencies.

During the comment period for this proposal, a copy of the proposed PRA OMB submission, including the draft reporting form
and instructions, supporting statement (which contains more detail about the information collection and burden estimates than
this notice), and other documentation, will be made available on the Board's public website at https://www.federalreserve.gov/apps/reportingforms/review or may be requested from the agency clearance officer, whose name appears above. On the page displayed at the link above,
you can find the supporting information by referencing the collection identifier, CFPB G. Final versions of these documents
will be made available at https://www.reginfo.gov/public/do/PRAMain, if approved.

Request for Comment on Information Collection Proposal

The Board invites public comment on the following information collection, which is being reviewed under authority delegated
by the OMB under the PRA. Comments are invited on the following:

a. Whether the proposed collection of information is necessary for the proper performance of the Board's functions, including
whether the information has practical utility;

b. The accuracy of the Board'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;

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; and

e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information.

At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which
the Board should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, Without Revision, the Following Information Collection

Collection title: Registration of Mortgage Loan Originators.

Collection identifier: CFPB G.

OMB control number: 7100-0328.

General description of collection: In accordance with the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), the Consumer Financial Protection
Bureau's (CFPB) Regulation G requires residential mortgage loan originators (MLOs) to register with the Nationwide Multistate
Licensing System (NMLS), maintain this registration, obtain a unique identifier, and disclose to consumers, upon request and
through the NMLS, their unique identifier and the MLO's employment history as well as publicly adjudicated disciplinary and
enforcement actions. The CFPB's regulation also requires the institutions employing MLOs to adopt and follow written policies
and procedures to ensure that their employees comply with these requirements and to conduct annual independent compliance
tests.

Frequency: Annually.

Respondents: The Board's CFPB G panel comprises state member banks (SMBs) with $10 billion or less in total assets that are not affiliates
of insured depository institutions with total assets of more than $10 billion; subsidiaries of such SMBs that are not functionally
regulated within the meaning of section 5(c)(5) of the Bank Holding Company Act of 1956; branches and agencies of foreign
banks (other than federal branches, federal agencies, and insured state branches of foreign banks); and commercial lending
companies owned or controlled by foreign banks (collectively, banking organizations); and the employees of these banking organizations
who act as residential MLOs.

Total estimated number of respondents: 15,999.

Total estimated annual burden hours: 22,440.

Board of Governors of the Federal Reserve System.

Erin M. Cayce, Assistant Secretary of the Board. [FR Doc. 2026-05172 Filed 3-16-26; 8:45 am] BILLING CODE 6210-01-P

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