Notice2021-21507
Agency Information Collection: VA Request for Determination of Reasonable Value
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
October 4, 2021
Issuing agencies
Veterans Affairs Department
Abstract
In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration (VBA), Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden; it includes the actual data collection instrument.
Full Text
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<title>Federal Register, Volume 86 Issue 189 (Monday, October 4, 2021)</title>
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[Federal Register Volume 86, Number 189 (Monday, October 4, 2021)]
[Notices]
[Page 54799]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-21507]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0045]
Agency Information Collection: VA Request for Determination of
Reasonable Value
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995,
this notice announces that the Veterans Benefits Administration (VBA),
Department of Veterans Affairs, will submit the collection of
information abstracted below to the Office of Management and Budget
(OMB) for review and comment. The PRA submission describes the nature
of the information collection and its expected cost and burden; it
includes the actual data collection instrument.
DATES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. Refer to
``OMB Control No. 2900-0045.
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#c8a5a9baa1aaada4e6a9b8a7a6bcad88bea9e6afa7be"><span class="__cf_email__" data-cfemail="1b767a6972797e77357a6b74756f7e5b6d7a357c746d">[email protected]</span></a>.
Please refer to ``OMB Control No. 2900-0045'' in any correspondence.
SUPPLEMENTARY INFORMATION:
Authority: 44 U.S.C. 3501-3521.
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.
An agency may not conduct or sponsor, and a person is not required
to respond to a collection of information unless it displays a
currently valid OMB control number. The Federal Register Notice with a
60-day comment period soliciting comments on this collection of
information was published at 86 FR 40679 on July 28, 2021, pages 40679
and 40680.
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.
By direction of the Secretary.
Dorothy Glasgow,
VA PRA Clearance Officer, Alt., Office of Enterprise and Integration,
Data Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2021-21507 Filed 10-1-21; 8:45 am]
BILLING CODE 8320-01-P
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</html>Indexed from Federal Register on October 4, 2021.
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