Notice2021-13874
Information Collection Request; Direct Loan Servicing-Special
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
June 29, 2021
Issuing agencies
Agriculture DepartmentFarm Service Agency
Abstract
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is requesting comments from all interested individuals and organizations on an extension of a currently approved information collection that supports Direct Loan Servicing--Special. The information is used in eligibility and feasibility determinations on borrower requests for disaster set-aside, primary loan servicing, buyout at market value, and homestead protection, as well as liquidation of security.
Full Text
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[Federal Register Volume 86, Number 122 (Tuesday, June 29, 2021)]
[Notices]
[Page 34195]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-13874]
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Federal Register / Vol. 86, No. 122 / Tuesday, June 29, 2021 /
Notices
[[Page 34195]]
DEPARTMENT OF AGRICULTURE
Farm Service Agency
[Docket ID: FSA-2021-0009]
Information Collection Request; Direct Loan Servicing--Special
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
Farm Service Agency (FSA) is requesting comments from all interested
individuals and organizations on an extension of a currently approved
information collection that supports Direct Loan Servicing--Special.
The information is used in eligibility and feasibility determinations
on borrower requests for disaster set-aside, primary loan servicing,
buyout at market value, and homestead protection, as well as
liquidation of security.
DATES: We will consider comments that we receive August 30, 2021.
ADDRESSES: We invite you to submit comments on this notice. You may
submit comments by any of the following methods:
<bullet> Federal eRulemaking Portal: Go to: <a href="http://www.regulations.gov">www.regulations.gov</a> and
search for Docket ID FSA-2021-0009. Follow the online instructions for
submitting comments.
<bullet> Mail, Hand-Delivery, or Courier: Carolyn Estrada, Senior
Loan Officer, USDA/FSA 3140 S State Route 100, Tiffin, Ohio, 44883.
You may also send comments to the Desk Officer for Agriculture,
Office of Information and Regulatory Affairs, Office of Management and
Budget, Washington, DC 20503. Copies of the information collection may
be requested by contacting Tyneca Jefferies at USDA/FSA/FLP, STOP 0523,
1400 Independence Avenue SW, Washington, DC 20250-0503.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, contact Carolyn Estrada at (419) 447-7017--an
extension number 2903; or, by email at: <a href="/cdn-cgi/l/email-protection#b3d0d2c1dcdfcadd9dd6c0c7c1d2d7d2f3c6c0d7d29dd4dcc5"><span class="__cf_email__" data-cfemail="187b796a77746176367d6b6c6a797c79586d6b7c79367f776e">[email protected]</span></a>.
Persons with disabilities who require alternative means for
communication should contact the USDA Target Center at (202) 720-2600
or (844) 433-2774 (toll-free nationwide).
SUPPLEMENTARY INFORMATION:
Title: Farm Loan Programs; Direct Loan Servicing--Special.
OMB Control Number: 0560-0233.
OMB Expiration Date: 09/31/2021.
Type of Request: Extension with revision.
Abstract: FSA's Farm Loan Programs provide loans to family farmers
to purchase real estate and equipment and finance agricultural
production. 7 CFR 766, Direct Loan Servicing--Special, provides the
requirements for servicing financially distressed and delinquent direct
loan borrowers. FSA's loan servicing options include disaster set-
aside, primary loan servicing (including reamortization, rescheduling,
deferral, write down and conservation contracts), buyout at market
value, and homestead protection. FSA also services borrowers who file
bankruptcy or liquidate security when available servicing options are
not sufficient to produce a feasible plan. The information collections
contained in the regulation are necessary to evaluate a borrower's
request for consideration of the special servicing actions.
The annual burden hours and the numbers of respondents and
responses increased because the loan servicing activities increased
slightly to reflect the current numbers since the last OMB approval.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hour is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimate of Respondent Burden: Public reporting burden for this
information collection is estimated to average 0.38 hours per response
to include the time for reviewing instructions, searching information,
gathering and maintaining information the data and completing and
reviewing the collection of information.
Respondents: Individuals or households, businesses or other for
profit farms.
Estimated Annual Number of Respondents: 17,174.
Estimated Number of Reponses per Respondent: 1.89.
Estimated Total Annual Responses: 32,496.
Estimated Average Time per Response: 0.38 hours.
Estimated Total Annual Burden on Respondents: 12,221 hours.
We are requesting comments on all aspects of this information
collection to help us to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of the FSA, including whether
the information will have practical utility;
(2) Evaluate the accuracy of the FSA's estimate of burden including
the validity of the methodology and assumptions used;
(3) Enhance the quality, utility, and clarity of the information to
be collected; or
(4) Minimize the burden of the collection of information on those
who are to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
All comments received in response to this notice, including names
and addresses when provided, will be a matter of public record.
Comments will be summarized and included in the submission for Office
of Management and Budget approval.
Zach Ducheneaux,
Administrator, Farm Service Agency.
[FR Doc. 2021-13874 Filed 6-28-21; 8:45 am]
BILLING CODE 3410-05-P
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