Notice2026-06409
Information Collection Request; Direct Loan Servicing-Regular
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
April 2, 2026
Issuing agencies
Agriculture DepartmentFarm Service Agency
Abstract
In accordance with the Paperwork Reduction Act (PRA) requirement, the Farm Service Agency (FSA) is requesting comments from all interested individuals and organizations on a revision of a currently approved information collection request, Direct Loan Servicing--Regular. In the Direct Loan Servicing--Regular, the information is used to determine borrower compliance with loan agreements, assist the borrower in achieving business goals, and regular servicing of the loan account such as graduation, subordination, partial release, use of proceeds, and consent.
Full Text
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<title>Federal Register, Volume 91 Issue 63 (Thursday, April 2, 2026)</title>
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[Federal Register Volume 91, Number 63 (Thursday, April 2, 2026)]
[Notices]
[Pages 16628-16629]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-06409]
[[Page 16628]]
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DEPARTMENT OF AGRICULTURE
Farm Service Agency
[Docket ID: FSA-2026-0133]
Information Collection Request; Direct Loan Servicing--Regular
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act (PRA)
requirement, the Farm Service Agency (FSA) is requesting comments from
all interested individuals and organizations on a revision of a
currently approved information collection request, Direct Loan
Servicing--Regular. In the Direct Loan Servicing--Regular, the
information is used to determine borrower compliance with loan
agreements, assist the borrower in achieving business goals, and
regular servicing of the loan account such as graduation,
subordination, partial release, use of proceeds, and consent.
DATES: We will consider comments that we receive by June 1, 2026.
ADDRESSES: We invite you to submit comments in response to this notice.
FSA prefers that the comments are submitted electronically through the
Federal eRulemaking Portal, identified by Docket ID No. FSA-2026-0133,
go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and search for docket ID FSA-2026-
0133. Follow the online instructions for submitting comments.
All comments received will be posted without change and made
publicly available on <a href="http://www.regulations.gov">www.regulations.gov</a>.
FOR FURTHER INFORMATION CONTACT: Lee Nault; by telephone: (202) 720-
6834; or by email: <a href="/cdn-cgi/l/email-protection#84e8e1e1aaeae5f1e8f0c4f1f7e0e5aae3ebf2"><span class="__cf_email__" data-cfemail="f19d9494df9f90849d85b184829590df969e87">[email protected]</span></a>. Individuals who require
alternative means for communication should contact the USDA TARGET
Center at (202) 720-2600 (voice and text telephone (TTY) or dial 711
for Telecommunications Relay service (both voice and text telephone
users can initiate this call from any telephone).
SUPPLEMENTARY INFORMATION:
Description of Information Collection Request
Title: Farm Loan Programs--Direct Loan Servicing--Regular.
OMB Control Number: 0560-0236.
OMB Expiration Date: August 31, 2026.
Type of Request: Revision.
Abstract: FSA's Farm Loan Programs provide loans to family farmers
to purchase real estate and equipment, and finance agricultural
production. Direct Loan Servicing--Regular, as specified in 7 CFR part
765, provides the requirements related to regular and routine servicing
actions associated with direct loans. FSA is required to actively
supervise its borrowers and provide credit counseling, management
advice, and financial guidance. Additionally, FSA must document that
credit is not available to the borrower from commercial credit sources
for borrowers to maintain eligibility for assistance. Information
collections established in the regulation are necessary for FSA to
monitor and account for loan security, including proceeds derived from
the sale of security, and to process a borrower's request for
subordination, partial release of security, or consent. Borrowers are
required to provide financial information to determine graduation
eligibility based on commercial lender standards provided to FSA.
To better serve borrowers' regular and routine servicing requests,
FSA is requesting OMB approval for three new forms. These forms replace
a previously approved non-form collection and standardize the agency's
servicing correspondence.
FSA-2418, ``Borrower Prospectus Information,'' converts a
previously approved non-form collection into a form. The form is used
to provide commercial lenders with information about borrowers who may
be eligible to graduate from FSA Farm Loan Program. The estimated
annual burden for this form is 2,454 hours, while the estimated annual
responses are 3,663. Each response is estimated to take approximately
40 minutes, including review and completion.
FSA-2423, ``Addendum to the Promissory Note or Assumption Agreement
Converting to NP Rates and Terms'', converts previously collected
information into a standardized form. This form is used to amend the
existing promissory note or assumption agreement and set forth the
terms and conditions for borrowers who fail to comply with graduation
requirements of the Government. Borrowers eligible for graduation can
request that the Government convert the Note to Non-Program (NP) rates
and terms. The estimated annual burden for this form is 1,211 hours,
while the estimated annual responses are 4,844. Each response is
estimated to take approximately 15 minutes.
FSA-2471 ``Subordination, Non-Disturbance, and Attornment
Agreement'', is a new form developed to provide a consistent template
for subordination actions previously handled on a case-by-case basis.
This form is designed primarily for subordinations involving wind
turbines and cell towers; however, it may be utilized for other
situations as determined by regional Office of General Counsel (OGC).
Prior to the creation of this form, the agency worked with the energy
companies to create acceptable agreements. OGC will still need to be
consulted when modifications are required. The estimated burden is
based on the average completion time over the last three years while
the form was being completed on a case-by-case basis with regional OGC
guidance. The estimated annual burden for this form is 115 hours, while
the estimated annual responses are 350. Each response is estimated to
take approximately 20 minutes.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per response multiplied by the estimated total annual
responses.
Estimate of Annual Burden: Public reporting burden for this
collection of information is estimated to average 0.3311 hours per
response.
Type of Respondents: Individuals or households, farms, business or
other for- profit.
Estimated Number of Respondents: 105,135.
Estimated Annual Number of Responses per Respondent: 1.042164836.
Estimated Total Annual of Responses: 109,568.
Estimated Average Time per Responses: 0.33 hours.
Estimated Total Annual Burden on Respondents: 36,275 hours.
We are requesting comments on all aspects of this information
collection to help us to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of FSA, including whether the
information will have practical utility;
(2) Evaluate the accuracy of FSA's estimate of burden including the
validity of the methodology and assumptions used;
(3) Enhance the quality, utility, and clarity of the information to
be collected;
(4) Minimize the burden of the collection of information on those
who are to respond, including using appropriate automated, electronic,
mechanical, or other technological collection techniques or other forms
of information technology.
All comments received in response to this notice, including names
and addresses when provided, will be a
[[Page 16629]]
matter of public record. Comments will be summarized and included in
the submission for Office of Management and Budget approval.
USDA Non-Discrimination Policy
In accordance with Federal civil rights law and U.S. Department of
Agriculture (USDA) civil rights regulations and policies, the USDA, its
Agencies, offices, and employees, and institutions participating in or
administering USDA programs are prohibited from discriminating based on
race, color, national origin, religion, sex, disability, age, marital
status, family/parental status, income derived from a public assistance
program, political beliefs, or reprisal or retaliation for prior civil
rights activity, in any program or activity conducted or funded by USDA
(not all bases apply to all programs). Remedies and complaint filing
deadlines vary by program or incident.
Persons with disabilities who require alternative means of
communication for program information (e.g., Braille, large print,
audiotape, American Sign Language, etc.) should contact the State or
local Agency that administers the program or contact USDA through the
Telecommunications Relay Service at 711 (voice and TTY). Additionally,
program information may be made available in languages other than
English.
To file a program discrimination complaint, complete the USDA
Program Discrimination Complaint Form, AD-3027, found online at How to
File a Program Discrimination Complaint and at any USDA office or write
a letter addressed to USDA and provide in the letter all of the
information requested in the form. To request a copy of the complaint
form, call (866) 632-9992. Submit your completed form or letter to USDA
by: (1) mail: U.S. Department of Agriculture, Office of the Assistant
Secretary for Civil Rights, 1400 Independence Avenue SW, Mail Stop
9410, Washington, DC 20250-9410; (2) fax: (202) 690-7442; or (3) email:
<a href="/cdn-cgi/l/email-protection#cfbfbda0a8bdaea2e1a6a1bbaea4aa8fbabcabaee1a8a0b9"><span class="__cf_email__" data-cfemail="0a7a78656d786b672463647e6b616f4a7f796e6b246d657c">[email protected]</span></a>.
USDA is an equal opportunity provider, employer, and lender.
William Beam,
Administrator, Farm Service Agency.
[FR Doc. 2026-06409 Filed 4-1-26; 8:45 am]
BILLING CODE 3411-E2-P
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