Agency Information Collection Activity: VA Request for Determination of Reasonable Value
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Issuing agencies
Abstract
Veterans Benefits Administration, Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.
Full Text
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<title>Federal Register, Volume 86 Issue 142 (Wednesday, July 28, 2021)</title>
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[Federal Register Volume 86, Number 142 (Wednesday, July 28, 2021)]
[Notices]
[Pages 40679-40680]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-15981]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0045]
Agency Information Collection Activity: VA Request for
Determination of Reasonable Value
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: Veterans Benefits Administration, Department of Veterans
Affairs (VA), is announcing an opportunity for public comment on the
proposed collection of certain information by the agency. Under the
Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to
publish notice in the Federal Register concerning each proposed
collection of information, including each proposed extension of a
currently approved collection, and allow 60 days for public comment in
response to the notice.
DATES: Written comments and recommendations on the proposed collection
of information should be received on or before September 27, 2021.
ADDRESSES: Submit written comments on the collection of information
through Federal Docket Management System (FDMS) at <a href="http://www.Regulations.gov">www.Regulations.gov</a>
or to Nancy J. Kessinger, Veterans Benefits Administration (20M33),
Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC
20420 or email to <a href="/cdn-cgi/l/email-protection#791718171a0057121c0a0a10171e1c0b390f18571e160f"><span class="__cf_email__" data-cfemail="8be5eae5e8f2a5e0eef8f8e2e5eceef9cbfdeaa5ece4fd">[email protected]</span></a>. Please refer to ``OMB Control
No. 2900-0045'' in any correspondence. During the comment period,
comments may be viewed online through the FDMS.
FOR FURTHER INFORMATION CONTACT: Maribel Aponte, Office of Enterprise
and Integration, Data Governance Analytics (008), 1717 H Street NW,
Washington, DC 20006, (202) 266-4688 or email <a href="/cdn-cgi/l/email-protection#412c20332823242d6f20312e2f35240137206f262e37"><span class="__cf_email__" data-cfemail="d5b8b4a7bcb7b0b9fbb4a5babba1b095a3b4fbb2baa3">[email protected]</span></a>.
Please refer to ``OMB Control No. 2900-0045'' in any correspondence.
SUPPLEMENTARY INFORMATION: Under the PRA of 1995, Federal agencies must
obtain approval from the Office of Management and Budget (OMB) for each
collection of information they conduct or sponsor. This request for
comment is being made pursuant to Section 3506(c)(2)(A) of the PRA.
With respect to the following collection of information, VBA
invites comments on: (1) Whether the proposed collection of information
is necessary for the proper performance of VBA's functions, including
whether the information will have practical utility; (2) the accuracy
of VBA's estimate of the burden of the proposed collection of
information; (3) ways to enhance the quality, utility, and clarity of
the information to be collected; and (4) ways to minimize the burden of
the collection of information on respondents, including through the use
of automated collection techniques or the use of other forms of
information technology.
Authority: Public Law 104-13; 44 U.S.C. 3501-21.
Title: VA Request for Determination of Reasonable Value (VA Forms
26-1805, and 26-1805-1).
OMB Control Number: 2900-0045.
Type of Review: Revision of a currently approved collection.
Abstract: VA utilizes Form 26-1805 (paper form) and 26-1805-1
(digital form) for lenders to request an appraisal and assign an
appraiser (i.e., ``ordering'' an appraisal), which ultimately provides
the appraiser with the authority to be on the property to conduct the
appraisal (i.e., an engagement letter). This information collection
request seeks to expand this data collection clearance to encompass a
modernized, end-to-end appraisal management process. Under this revised
ICR, VA will not only capture information from lenders around when an
appraisal has been ordered (current VA Form 26-1805), but will also
capture information and workflow associated with the assignment,
scheduling, and review of an appraisal by VA or a lender. This new
process will be consistent with the rest of the mortgage industry, and
will align VA's appraisal process with the industry standard.
Affected Public: Individuals or households.
Estimated Annual Burden: 585,000 hours.
Estimated Average Burden per Respondent: 57 minutes.
Frequency of Response: One-time.
Estimated Number of Respondents: 650,000.
[[Page 40680]]
By direction of the Secretary.
Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2021-15981 Filed 7-27-21; 8:45 am]
BILLING CODE 8320-01-P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.