Agency Information Collection Activity: Application for Authority To Close Loans on an Automatic Basis Nonsupervised Lenders (VA Form 26-8736), 12823 [2020-04406]

Agencies

• DEPARTMENT OF VETERANS AFFAIRS

[Federal Register Volume 85, Number 43 (Wednesday, March 4, 2020)]
[Notices]
[Page 12823]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04406]



[[Page 12823]]

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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0252]


Agency Information Collection Activity: Application for Authority 
To Close Loans on an Automatic Basis Nonsupervised Lenders (VA Form 26-
8736)

AGENCY: Loan Guaranty Service, Veterans Benefits Administration

ACTION: Notice.

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SUMMARY: Loan Guaranty Service, 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 May 4, 2020.

ADDRESSES: Submit written comments on the collection of information 
through Federal Docket Management System (FDMS) at www.Regulations.gov 
or to Nancy J. Kessinger, Veterans Benefits Administration (20M33), 
Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 
20420 or email to [email protected]. Please refer to ``OMB Control 
No. 2900-0252'' in any correspondence. During the comment period, 
comments may be viewed online through FDMS.

FOR FURTHER INFORMATION CONTACT: Danny S. Green, (202) 421-1354 or 
email [email protected]. Please refer to ``OMB Control No. 2900-
0252'' 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.
    Authority: Public Law 104-13; 44 U.S.C. 3501-3521.
    Title: Application for Authority to Close Loans on an Automatic 
Basis Nonsupervised Lenders (VA Form 26-8736).
    OMB Control Number: 2900-0252.
    Type of Review: Extension of an approved collection.
    Abstract: VA Form 26-8736 is used by non-supervised lenders 
requesting approval to close loans on an automatic basis. The form 
contains information and data considered crucial for making 
acceptability determinations as to lenders who shall be approved for 
this privilege. Upon receipt of the form, the VA Regional Loan Centers 
will process and evaluate the information. They will then advise the 
lender-applicant of their decision. Without this information, VA would 
not be able to determine if lender-applicants meet the qualifications 
for processing loans on an automatic basis.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 50 hours.
    Estimated Average Burden per Respondent: 25 minutes.
    Frequency of Response: One time.
    Estimated Number of Respondents: 120.

    By direction of the Secretary.
Danny S. Green,
VA PRA Clearance Officer, Office of Quality, Performance and Risk, 
Department of Veterans Affairs.
[FR Doc. 2020-04406 Filed 3-3-20; 8:45 am]
 BILLING CODE 8320-01-P