Agency Information Collection Activity Under OMB Review: VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary
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Issuing agencies
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, and it includes the actual data collection instrument.
Full Text
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<title>Federal Register, Volume 90 Issue 165 (Thursday, August 28, 2025)</title>
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[Federal Register Volume 90, Number 165 (Thursday, August 28, 2025)]
[Notices]
[Page 42067]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-16469]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0021]
Agency Information Collection Activity Under OMB Review: VA Loan
Electronic Reporting Interface (VALERI) System and Title Requirements
for Conveyance of Real Property to the Secretary
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, and it
includes the actual data collection instrument.
DATES: Comments and recommendations for the proposed information
collection should be sent by September 29, 2025.
ADDRESSES: To submit comments and recommendations for the proposed
information collection, please type the following link into your
browser: <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>, select ``Currently under
Review--Open for Public Comments'', then search the list for the
information collection by Title or ``OMB Control No. 2900-0021.''
FOR FURTHER INFORMATION CONTACT: VA PRA information: Dorothy Glasgow,
202-461-1084, <a href="/cdn-cgi/l/email-protection#dbadbab8b4abbaabbea9acb4a9b0a9bebfaebab8af9badbaf5bcb4ad"><span class="__cf_email__" data-cfemail="aadccbc9c5dacbdacfd8ddc5d8c1d8cfcedfcbc9deeadccb84cdc5dc">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: VA Loan Electronic Reporting Interface (VALERI) System and
Title Requirements for Conveyance of Real Property to the Secretary.
OMB Control Number: 2900-0021 <a href="https://www.reginfo.gov/public/do/PRASearch">https://www.reginfo.gov/public/do/PRASearch</a>.
Type of Review: Extension without change of a currently approved
collection.
Abstract: VA uses the information collection in cases where loss
mitigation efforts are unsuccessful and a VA-guaranteed loan goes into
foreclosure. Statutory requirements for conveyance of properties to the
Secretary are found in chapter 37 of title 38, United States Code. The
implementing regulations are found in part 36 of title 38, Code of
Federal Regulations (CFR). In 38 CFR 36.4323, titled ``Election to
convey security'', VA explains that each conveyance or transfer of real
property to the Secretary pursuant to this section shall be acceptable
if:
The holder thereby covenants or warrants against the acts of the
holder and those claiming under the holder (e.g., by special warranty
deed); and
It vests in the Secretary or will entitle the Secretary to such
title as is or would be acceptable to prudent lending institutions,
informed buyers, title companies, and attorneys, generally, in the
community in which the property is situated.
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 90 FR 27070, June 25, 2025.
Affected Public: Individuals or Households.
Estimated Annual Burden: 3,027 hours.
Estimated Average Burden per Respondent: 11 minutes.
Frequency of Response: Annually.
Estimated Number of Respondents: 16,509.
Authority: 44 U.S.C. 3501 et seq.
Dorothy Glasgow,
Acting, VA PRA Clearance Officer, Office of Enterprise and Integration,
Data Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2025-16469 Filed 8-27-25; 8:45 am]
BILLING CODE 8320-01-P
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