Agency Information Collection (Credit Underwriting Standards and Procedures for Processing VA Guaranteed Loans) Activity Under OMB Review, 7282-7283 [2014-02532]

Download as PDF 7282 Federal Register / Vol. 79, No. 25 / Thursday, February 6, 2014 / Notices By direction of the Secretary. Crystal Rennie, Department Clearance Officer, Department of Veterans Affairs. [FR Doc. 2014–02551 Filed 2–5–14; 8:45 am] BILLING CODE 8320–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0139] Agency Information Collection (Notice—Payment Not Applied) Activity Under OMB Review Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), 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; it includes the actual data collection instrument. DATES: Comments must be submitted on or before March 10, 2014. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov, or to Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 17th St. NW., Washington, DC 20503 or sent through electronic mail to oira_submission@ omb.eop.gov. Please refer to ‘‘OMB Control No. 2900–00139’’ in any correspondence. SUMMARY: mstockstill on DSK4VPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 632– 7492 or email crystal.rennie@va.gov. Please refer to ‘‘OMB Control No. 2900– 0139.’’ SUPPLEMENTARY INFORMATION: Title: Notice—Payment Not Applied, VA Form 29–4499a. OMB Control Number: 2900–0139. Type of Review: Revision of a currently approved collection. Abstract: VA Form 29–4499a is used by policy holders to reinstate their National Service Life Insurance (NSLI) policy. The information collected is used to determine the insurer’s eligibility for reinstatement to government life insurance. VerDate Mar<15>2010 18:18 Feb 05, 2014 Jkt 232001 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 on July 31, 2013, at pages 46423–46424. Affected Public: Individuals or households. Estimated Annual Burden: 300 hours. Estimated Average Burden per Respondent: 15 minutes. Frequency of Response: On occasion. Estimated Number of Respondents: 1,200. Dated: February 3, 2014. By direction of the Secretary. Crystal Rennie, Department Clearance Officer, Department of Veterans Affairs. [FR Doc. 2014–02547 Filed 2–5–14; 8:45 am] BILLING CODE 8320–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0159] Agency Information Collection (Matured Endowment Notification) Activity Under OMB Review Veterans Benefits Administration, Department of Veterans Affairs ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), 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; it includes the actual data collection instrument. DATES: Comments must be submitted on or before March 10, 2014. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov, or to Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 17th St. NW., Washington, DC 20503 or sent through electronic mail to oira_submission@ omb.eop.gov. Please refer to ‘‘OMB Control No. 2900–0159’’ in any correspondence. SUMMARY: FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 632– 7492 or email crystal.rennie@va.gov. Please refer to ‘‘OMB Control No. 2900– 0159.’’ SUPPLEMENTARY INFORMATION: Title: Matured Endowment Notification, VA Form 29–5767. OMB Control Number: 2900–0159. Type of Review: Revision without change of a currently approved collection. Abstract: VA Form 29–5767 is used to notify the insured that his or her endowment policy has matured. The form also request that the insured elect whether he or she prefer to receive the proceeds in monthly installment or in a combination of cash and monthly installment and to designate a beneficiary(ies) to receive the remaining proceeds. 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 on July 31, 2013 (78 FR 46418). Estimated Annual Burden: 2,867 hours. Estimated Average Burden per Respondent: 20 minutes. Frequency of Response: On occasion. Estimated Number of Respondents: 8,600. Dated: February 3, 2014. By direction of the Secretary. Crystal Rennie, Department Clearance Officer, Department of Veterans Affairs. [FR Doc. 2014–02540 Filed 2–5–14; 8:45 am] BILLING CODE 8320–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0521] Agency Information Collection (Credit Underwriting Standards and Procedures for Processing VA Guaranteed Loans) Activity Under OMB Review Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), this notice announces that the Veterans Benefits Administration (VBA), Department of SUMMARY: E:\FR\FM\06FEN1.SGM 06FEN1 mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 79, No. 25 / Thursday, February 6, 2014 / Notices 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; it includes the actual data collection instrument. DATES: Comments must be submitted on or before March 10, 2014. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov, or to Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 17th St. NW., Washington, DC 20503 or sent through electronic mail to oira_submission@ omb.eop.gov. Please refer to ‘‘OMB Control No. 2900–0521’’ in any correspondence. FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 632– 7492 or email crystal.rennie@va.gov. Please refer to ‘‘OMB Control No. 2900– 0521.’’ SUPPLEMENTARY INFORMATION: Titles: a. Report and Certification of Loan Disbursement, VA Form 26–1820. b. Request for Verification of Employment, VA Form 26–8497. c. Request for Verification of Deposit, VA Form 26–8497a. OMB Control Number: 2900–0521. Type of Review: Revision of a currently approved collection. Abstract: Lenders must obtain specific information concerning a veteran’s credit history in order to properly underwrite the veteran’s loan. VA loans may not be guaranteed unless the veteran is a satisfactory credit risk. The data collected on the following forms are used to ensure that applications for VA-guaranteed loans are underwritten in a reasonable and prudent manner. a. VA Form 26–1820 is completed by lenders closing VA guaranteed and insured loans under the automatic or prior approval procedures. b. VA Form 26–8497 is used by lenders to verify a loan applicant’s income and employment information when making guaranteed and insured loans. VA does not require the exclusive use of this form for verification purposes, any alternative verification document would be acceptable provided that all information requested on VA Form 26–8497 is provided. c. Lenders making guaranteed and insured loans complete VA Form 26– 8497a to verify the applicant’s deposits in banks and other savings institutions. VerDate Mar<15>2010 18:18 Feb 05, 2014 Jkt 232001 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 on October 1, 2013, at pages 60379–60380. Affected Public: Business or other for profit. Estimated Annual Burden: a. Report and Certification of Loan Disbursement, VA Form 26–1820— 150,000 hours. b. Request for Verification of Employment, VA Form 26–8497— 25,000 hours. c. Request for Verification of Deposit, VA Form 26–8497a—12,500 hours. Estimated Average Burden per Respondent: a. Report and Certification of Loan Disbursement, VA Form 26–1820—15 minutes. b. Request for Verification of Employment, VA Form 26–8497—10 minutes. c. Request for Verification of Deposit, VA Form 26–8497a—5 minutes. Frequency of Response: One Time. Estimated Number of Respondents: a. Report and Certification of Loan Disbursement, VA Form 26–1820— 600,000. b. Request for Verification of Employment, VA Form 26–8497— 150,000. c. Request for Verification of Deposit, VA Form 26–8497a—150,000. Dated: February 3, 2014. By direction of the Secretary. Crystal Rennie, Department Clearance Officer, Department of Veterans Affairs. [FR Doc. 2014–02532 Filed 2–5–14; 8:45 am] BILLING CODE 8320–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0474] Agency Information Collection (Create Payment Request for the VA Funding Fee Payment System (VA FFPS) a Computer Generated Funding Fee Receipt) Activity Under OMB Review Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501–3521), this notice announces that the Veterans Benefits SUMMARY: PO 00000 Frm 00120 Fmt 4703 Sfmt 4703 7283 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; it includes the actual data collection instrument. DATES: Comments must be submitted on or before March 10, 2014. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov, or to Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 17th St. NW., Washington, DC 20503 or sent through electronic mail to oira_submission@ omb.eop.gov. Please refer to ‘‘OMB Control No. 2900–0474’’ in any correspondence. FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 632– 7492 or email crystal.rennie@va.gov. Please refer to ‘‘OMB Control No. 2900– 0474.’’ SUPPLEMENTRY INFORMATION: Title: Create Payment Request for the VA Funding Fee Payment System (VA FFPS) Computer Generated Funding Fee Receipt, VA Form 26–8986. OMB Control Number: 2900–0474. Type of Review: Revision of a currently approved collection. Abstract: Veterans obtaining a VAguaranteed home loan must pay a funding fee to VA before the loan can be guaranteed. The only exceptions are loans made to Veterans receiving VA compensation for service-connected disabilities, (or veterans whom, but for receipt of retirement pay, would be entitled to receive compensation) and unmarried surviving spouse of veterans who died in active military service or from service-connected disability regardless of whether the spouse has his or her own eligibility. 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 on September 27, 2013 (78 FR 59771). Affected Public: Business or other for profit. Estimated Annual Burden: 9,167 hours. Estimated Average Burden per Respondent: 2 minutes. Frequency of Response: One-time. E:\FR\FM\06FEN1.SGM 06FEN1

Agencies

[Federal Register Volume 79, Number 25 (Thursday, February 6, 2014)]
[Notices]
[Pages 7282-7283]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-02532]


-----------------------------------------------------------------------

DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0521]


Agency Information Collection (Credit Underwriting Standards and 
Procedures for Processing VA Guaranteed Loans) Activity Under OMB 
Review

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 
(44 U.S.C. 3501-3521), this notice announces that the Veterans Benefits 
Administration (VBA), Department of

[[Page 7283]]

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; it includes the actual 
data collection instrument.

DATES: Comments must be submitted on or before March 10, 2014.

ADDRESSES: Submit written comments on the collection of information 
through www.Regulations.gov, or to Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 
17th St. NW., Washington, DC 20503 or sent through electronic mail to 
oira_submission@omb.eop.gov. Please refer to ``OMB Control No. 2900-
0521'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records 
Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue 
NW., Washington, DC 20420, (202) 632-7492 or email 
crystal.rennie@va.gov. Please refer to ``OMB Control No. 2900-0521.''

SUPPLEMENTARY INFORMATION:
    Titles:
    a. Report and Certification of Loan Disbursement, VA Form 26-1820.
    b. Request for Verification of Employment, VA Form 26-8497.
    c. Request for Verification of Deposit, VA Form 26-8497a.
    OMB Control Number: 2900-0521.
    Type of Review: Revision of a currently approved collection.
    Abstract: Lenders must obtain specific information concerning a 
veteran's credit history in order to properly underwrite the veteran's 
loan. VA loans may not be guaranteed unless the veteran is a 
satisfactory credit risk. The data collected on the following forms are 
used to ensure that applications for VA-guaranteed loans are 
underwritten in a reasonable and prudent manner.
    a. VA Form 26-1820 is completed by lenders closing VA guaranteed 
and insured loans under the automatic or prior approval procedures.
    b. VA Form 26-8497 is used by lenders to verify a loan applicant's 
income and employment information when making guaranteed and insured 
loans. VA does not require the exclusive use of this form for 
verification purposes, any alternative verification document would be 
acceptable provided that all information requested on VA Form 26-8497 
is provided.
    c. Lenders making guaranteed and insured loans complete VA Form 26-
8497a to verify the applicant's deposits in banks and other savings 
institutions.
    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 on October 1, 2013, at pages 60379-60380.
    Affected Public: Business or other for profit.
    Estimated Annual Burden:
    a. Report and Certification of Loan Disbursement, VA Form 26-1820--
150,000 hours.
    b. Request for Verification of Employment, VA Form 26-8497--25,000 
hours.
    c. Request for Verification of Deposit, VA Form 26-8497a--12,500 
hours.
    Estimated Average Burden per Respondent:
    a. Report and Certification of Loan Disbursement, VA Form 26-1820--
15 minutes.
    b. Request for Verification of Employment, VA Form 26-8497--10 
minutes.
    c. Request for Verification of Deposit, VA Form 26-8497a--5 
minutes.
    Frequency of Response: One Time.
    Estimated Number of Respondents:
    a. Report and Certification of Loan Disbursement, VA Form 26-1820--
600,000.
    b. Request for Verification of Employment, VA Form 26-8497--
150,000.
    c. Request for Verification of Deposit, VA Form 26-8497a--150,000.

    Dated: February 3, 2014.

    By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of Veterans Affairs.
[FR Doc. 2014-02532 Filed 2-5-14; 8:45 am]
BILLING CODE 8320-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.