Rules and Regulations. Notice

Agency: Loan Guaranty Service, Department of Veterans Affairs
Action: Notice
Citation: FR Doc. 2019-07732 · OMB Control No. 2900-0249

Summary

The Veterans Benefits Administration, 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, this notice announces that the Loan Guaranty Service, 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 must be submitted on or before June 17, 2019.

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: Loan Service Report, VA form 26-6808. OMB Control Number: 2900-0249. Type of Review: Extension of a currently approved collection. Abstract: VA Form 26-6808 (fillable printable) is used when servicing delinquent guaranteed and insured loans and loans sold under 38 CFR 36.4600. With respect to the servicing of guaranteed and insured home loans and loans sold under 38 CFR 36.4600, the holder has the primary servicing responsibility. VA Form 26-6808 is completed by Loan Technicians (LSs) during the course of personal contacts with delinquent obligors. The information documented on the form is necessary for VA to determine whether a loan default is insoluble or whether the obligor has reasonable prospects for curing the default and maintaining the mortgage obligation in the future. Affected Public: Individuals and households. Estimated Annual Burden: 2083 hours. Estimated Average Burden per Respondent: 25 minutes. Frequency of Response: One-time. Estimated Number of Respondents: 5,000. By direction of the Secretary. Danny S. Green, Interim VA Clearance Officer, Office of Quality, Performance and Risk (QPR), Department of Veterans Affairs. [FR Doc. 2019-07732 Filed 4-17-19; 8:45 am]