Agency Information Collection Activity: Nonsupervised Lender's Nomination and Recommendation of Credit Underwriter, 17380 [2020-06368]

Agencies

• DEPARTMENT OF VETERANS AFFAIRS

[Federal Register Volume 85, Number 60 (Friday, March 27, 2020)]
[Notices]
[Page 17380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06368]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0253]


Agency Information Collection Activity: Nonsupervised Lender's 
Nomination and Recommendation of Credit Underwriter

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: Written comments and recommendations on the proposed collection 
of information should be received on or before April 27, 2020.

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 
[email protected]. Please refer to ``OMB Control No. 2900-
0253'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Danny S. Green, (202) 421-1354 or 
email [email protected]. Please refer to ``OMB Control No. 2900-
0253'' in any correspondence.

SUPPLEMENTARY INFORMATION: 
    Authority: Public Law 104-13; 44 U.S.C. 3501-3521.
    Title: Nonsupervised Lender's Nomination and Recommendation of 
Credit Underwriter (VA Form 26-8736a)
    OMB Control Number: 2900-0253.
    Type of Review: Extension of an approved collection.
    Abstract: VA Form 26-8736a is used to gather specific information 
to determine if the lender's nominee is qualified to make such a 
determination, VA has developed VA Form 26-8736a which contains 
information that VA considers crucial to the evaluation of the 
underwriter's experience. This form will be completed by the lender and 
the lender's nominee for underwriter and then submitted to VA for 
approval. The standards established by the Secretary require that a 
lender have a qualified underwriter review all loans to be closed on an 
automatic basis to determine that the loan meets VA's credit 
underwriting standards.
    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 85 FR 3762 on January 22, 2020, pages 3762 
and 3763.
    Affected Public: Individuals or Households.
    Estimated Annual Burden: 500 hours.
    Estimated Average Burden per Respondent: 20 minutes.
    Frequency of Response: One time.
    Estimated Number of Respondents: 1,500.

    By direction of the Secretary.
Danny S. Green,
Department Clearance Officer, Office of Quality Performance and Risk, 
Department of Veterans Affairs.
[FR Doc. 2020-06368 Filed 3-26-20; 8:45 am]
 BILLING CODE 8320-01-P