Notice2022-04941

Agency Information Collection Activity: Guaranteed or Insured Loan Reporting Requirements

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
March 9, 2022

Issuing agencies

Veterans Affairs Department

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 new collection, and allow 60 days for public comment in response to the notice.

Full Text

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<title>Federal Register, Volume 87 Issue 46 (Wednesday, March 9, 2022)</title>
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[Federal Register Volume 87, Number 46 (Wednesday, March 9, 2022)]
[Notices]
[Pages 13371-13372]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-04941]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-XXXX]


Agency Information Collection Activity: Guaranteed or Insured 
Loan Reporting Requirements

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 new 
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 May 9, 2022.

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#ff919e919c86d1949a8c8c9691989a8dbf899ed1989089"><span class="__cf_email__" data-cfemail="67090609041e490c0214140e0900021527110649000811">[email&#160;protected]</span></a>. Please refer to ``OMB Control 
No. 2900-XXXX'' in any correspondence. During the comment period, 
comments may be viewed online through 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#117c70637873747d3f70617e7f65745167703f767e67"><span class="__cf_email__" data-cfemail="bad7dbc8d3d8dfd694dbcad5d4cedffaccdb94ddd5cc">[email&#160;protected]</span></a>. 
Please refer to ``OMB Control No. 2900-XXXX'' 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

[[Page 13372]]

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: 38 CFR 36.4303.
    Title: Guaranteed or Insured Loan Reporting Requirements.
    OMB Control Number: 2900-XXXX.
    Type of Review: New Collection.
    Abstract: This information collection package seeks OMB approval of 
information collection requirements currently found in VA regulations, 
but that do not appear to have previously been approved by OMB. VA 
statute requires lenders to report a guaranteed or insured loan to VA 
in such detail as the Secretary may prescribe. 38 U.S.C. 3702(c). In 
cases where the loan is guaranteed, the Secretary shall provide the 
lender with a loan guaranty certificate or other evidence of the 
guaranty. Regulations codified at 38 CFR 36.4303 detail the 
requirements of lenders to report loans to VA in order to obtain 
evidence of the guaranty.
    Affected Public: Individuals and households.
    Estimated Annual Burden: 67,452 hours.
    Estimated Average Burden per Respondent: 4.8 minutes.
    Frequency of Response: One-time.
    Estimated Number of Respondents: 843,150.

    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. 2022-04941 Filed 3-8-22; 8:45 am]
BILLING CODE 8320-01-P


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Indexed from Federal Register on March 9, 2022.

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