In addition to
approving the regulatory text submitted 10/12/93, this action
extends the current approval for all material to which this OMB
control number was assigned by OMB action of 2/22/91. This approval
is for a limited timb because VA did not afford the public an
opportunity to comment on continued approval of the forms.
Inventory as of this Action
Requested
Previously Approved
04/30/1994
04/30/1994
02/28/1994
193,000
0
193,000
6,433
0
6,433
0
0
0
VA IS REQUIRING CERTAIN LOAN
APPLICANTS TO SUBMIT COMPLETE COPIES OF INCOME TAX RETURNS FOR THE
PAST 2 YEARS TO LENDERS WITH THEIR LOAN APPLICATIONS. THIS WILL
ENABLE LENDERS AND VA TO OBTAIN MORE RELIABLE INCOME DATA FOR THESE
BORROWERS.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.