Verification of VA Benefits

ICR 200701-2900-002

OMB: 2900-0406

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2007-01-08
IC Document Collections
IC ID
Document
Title
Status
28623 Modified
ICR Details
2900-0406 200701-2900-002
Historical Active 200401-2900-002
VA 2900-0406
Verification of VA Benefits
Extension without change of a currently approved collection   No
Regular
Approved without change 02/16/2007
Retrieve Notice of Action (NOA) 01/11/2007
Approved consistent with the following terms of clearance: in the next submission of this collection to OMB for review VA shall report on Dept. efforts to provide a fully electronic (excluding fax) system for respondents to complete and submit associated forms. Additionally, VA will continue to display the OMB burden statement on forms approved under this collection.
  Inventory as of this Action Requested Previously Approved
02/28/2010 36 Months From Approved 02/28/2007
50,000 0 75,000
4,167 0 6,250
0 0 0

Form used by lenders authorized to close VA-guaranteed loans on the automatic basis pursuant to 38 U.S.C. 3702(d) for submission to VA prior to loan closing as a means of obtaining information on any existing benefit-related indebtedness of veteran home loan applicant.

US Code: 38 USC 5314(c) Name of Law: Special Provisions Relating to Benefits
   US Code: 38 USC 3702(d) Name of Law: Housing and Small Business Loan
  
None

Not associated with rulemaking

  71 FR 191 10/03/2006
72 FR 4 01/08/2006
No

1
IC Title Form No. Form Name
Verification of VA Benefits VA Form 26-8937 Verification of VA Benefits

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 50,000 75,000 0 -25,000 0 0
Annual Time Burden (Hours) 4,167 6,250 0 0 -2,083 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours is due to a significant decrease in the number of VA guaranteed loans. VA expect the number to remain lower than it had been previously.

$98,625
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Denise McLamb 202-565-8374 [email protected]

  No

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.
01/11/2007


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