Notice2023-02693
Agency Information Collection Activity: Nonsupervised Lender's Nomination and Recommendation of Credit Underwriter
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
February 8, 2023
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 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 88 Issue 26 (Wednesday, February 8, 2023)</title>
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[Federal Register Volume 88, Number 26 (Wednesday, February 8, 2023)]
[Notices]
[Pages 8343-8344]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-02693]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0253]
Agency Information Collection Activity: Nonsupervised Lender's
Nomination and Recommendation of Credit Underwriter
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 April 10, 2023.
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#06686768657f286d6375756f6861637446706728616970"><span class="__cf_email__" data-cfemail="89e7e8e7eaf0a7e2ecfafae0e7eeecfbc9ffe8a7eee6ff">[email protected]</span></a>. Please refer to ``OMB Control
No. 2900-0253'' 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#f09d91829992959cde91809f9e8495b08691de979f86"><span class="__cf_email__" data-cfemail="cda0acbfa4afa8a1e3acbda2a3b9a88dbbace3aaa2bb">[email protected]</span></a>.
Please refer to ``OMB Control No. 2900-0253'' 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.
[[Page 8344]]
Authority: 38 U.S.C. 3729, 38 CFR 36.4232 and Sec. 36.4313.
Title: Create Payment Request for the VA Funding Fee (VA Form 26-
8736a).
OMB Control Number: 2900-0253.
Type of Review: Extension of a currently approved collection.
Abstract: Section 3702(d) allows for certain lenders to make
automatically guaranteed housing loans under 38 U.S.C. chapter 37. 38
U.S.C. 3702(d). Automatic lending privileges eliminate the requirement
for submission of loans to VA for prior approval. Lending institutions
with automatic loan privileges may process and disburse such loans and
subsequently report the loan to the Department of Veterans Affairs (VA)
for issuance of guaranty. Those lenders include (1) any Federal land
bank, national bank, State bank, private bank, building and loan
association, insurance company, credit union, or mortgage and loan
company, that is subject to examination and supervision by an agency of
the United States or of any State; (2) any State; or (3) any lender
approved by the Secretary pursuant to standards established by the
Secretary. Id. VA implemented those standards in 38 CFR 36.4352. VA
refers to lenders described in 38 U.S.C. 3702(d)(1) and (2) as
supervised lenders. See 38 CFR 36.4352(a). Unsupervised lenders are
those described in 38 U.S.C. 3702(d)(3). See 38 CFR 36.4352(b). This
collection addresses the underwriter requirements for those
unsupervised lenders as found in 38 CFR 36.4352(b)(2) and (3).
Affected Public: Individuals and households.
Estimated Annual Burden: 500 hours.
Estimated Average Burden per Respondent: 20 minutes.
Frequency of Response: One time.
Estimated Number of Respondents: 1,500.
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. 2023-02693 Filed 2-7-23; 8:45 am]
BILLING CODE 8320-01-P
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