Notice2024-11737

Agency Information Collection Activity: Loan Guaranty: Processing Assumptions of VA-Guaranteed Home Loans

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
May 29, 2024

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 reinstatement of a previously approved collection, and allow 60 days for public comment in response to the notice.

Full Text

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<title>Federal Register, Volume 89 Issue 104 (Wednesday, May 29, 2024)</title>
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[Federal Register Volume 89, Number 104 (Wednesday, May 29, 2024)]
[Notices]
[Page 46573]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-11737]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0516]


Agency Information Collection Activity: Loan Guaranty: Processing 
Assumptions of VA-Guaranteed Home Loans

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 reinstatement of a 
previously 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 July 29, 2024.

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>.

FOR FURTHER INFORMATION CONTACT: 
    Program-Specific information: Nancy Kessinger, 202-632-8924, 
<a href="/cdn-cgi/l/email-protection#c38da2ada0baed88a6b0b0aaada4a6b183b5a2eda4acb5"><span class="__cf_email__" data-cfemail="0e406f606d7720456b7d7d6760696b7c4e786f20696178">[email&#160;protected]</span></a>.
    VA PRA information: Maribel Aponte, 202-461-8900, 
<a href="/cdn-cgi/l/email-protection#d9afb8bab6a9b8a9bcabaeb6abb2abbcbdacb8baad99afb8f7beb6af"><span class="__cf_email__" data-cfemail="611700020e1100110413160e130a130405140002152117004f060e17">[email&#160;protected]</span></a>.

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.
    Title: Loan Guaranty: Processing Assumptions of VA-Guaranteed Home 
Loans under 38 U.S.C. 3714.
    OMB Control Number: 2900-0516. <a href="https://www.reginfo.gov/public/do/PRASearch">https://www.reginfo.gov/public/do/PRASearch</a>
    Type of Review: Reinstatement of a previously approved collection.
    Abstract: The collection of information is through electronic 
submission and is accomplished only once per respondent, per loan 
assumption transaction. This collection is necessary to identify the 
individual case to ensure VA has met all legal requirements concerning 
collection of the above-discussed credit package under 38 CFR 36.4301 
and copy of the executed deed and/or assumption agreement pursuant to 
38 CFR 36.4303(l)(1)(i)(A).
    Affected Public: Individuals and households.
    Estimated Annual Burden: 514 hours.
    Estimated Average Burden per Respondent: 15 minutes.
    Frequency of Response: One time.
    Estimated Number of Respondents: 2,055.
    Authority: 44 U.S.C. 3501 et seq, 38 U.S.C. 3714 et seq.

Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data 
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2024-11737 Filed 5-28-24; 8:45 am]
BILLING CODE 8320-01-P


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Indexed from Federal Register on May 29, 2024.

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.