60-Day FRN for 2900-0521

2900-0521 (60-day FRN).pdf

Credit Underwriting Standards and Procedures for Processing VA Guaranteed Loans (26-1820, 26-8497 & 26-8497a)

60-Day FRN for 2900-0521

OMB: 2900-0521

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 78, No. 190 / Tuesday, October 1, 2013 / Notices
ACT. Applications should also specify
the vacancy for which they wish to be
considered.
FOR FURTHER INFORMATION CONTACT:

Mark Kirbabas (202) 317–8444 (not a
toll-free number) or by email at
[email protected].

Dated: September 25, 2013.
Mark J. Kirbabas,
Acting Designated Federal Officer, Tax
Exempt and Government Entities Division,
Internal Revenue Service.
[FR Doc. 2013–23993 Filed 9–30–13; 8:45 am]
BILLING CODE 4830–01–P

The
Advisory Committee on Tax Exempt
and Government Entities (ACT),
governed by the Federal Advisory
Committee Act, Public Law 92–463, is
an organized public forum for
discussion of relevant employee plans,
exempt organizations, tax-exempt
bonds, and federal, state, local, and
Indian tribal government issues between
officials of the IRS and representatives
of the above communities. The ACT also
enables the IRS to receive regular input
with respect to the development and
implementation of IRS policy
concerning these communities. ACT
members present the interested public’s
observations about current or proposed
IRS policies, programs, and procedures,
as well as suggest improvements. ACT
members shall be appointed by the
Secretary of the Treasury and shall serve
for two-year terms. Terms can be
extended for an additional year. ACT
members will not be paid for their time
or services. ACT members will be
reimbursed for their travel-related
expenses to attend working sessions and
public meetings, in accordance with 5
U.S.C. 5703.
The Secretary of the Treasury invites
those individuals, organizations, and
groups affiliated with employee plans
and exempt organizations to nominate
individuals for membership on the ACT.
Nominations should describe and
document the proposed member’s
qualifications for ACT membership,
including the nominee’s past or current
affiliations and dealings with the
particular community or segment of the
community that he or she wishes to
represent (such as, employee plans).
Nominations should also specify the
vacancy for which they wish to be
considered. The Department of the
Treasury seeks a diverse group of
members representing a broad spectrum
of persons experienced in employee
plans and exempt organizations.
Nominees must go through a
clearance process before selection by the
Department of the Treasury. In
accordance with the Department of the
Treasury Directive 21–03, the clearance
process includes, among other things,
pre-appointment and annual tax checks,
and an FBI criminal and subversive
name check, fingerprint check, and
security clearance.

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SUPPLEMENTARY INFORMATION:

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DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–NEW]

Board of Veterans Appeals, Voice of
the Veteran Appellant Surveys;
Correction
Board of Veterans Appeals,
Department of Veterans Affairs.

AGENCY:
ACTION:

Notice; correction.

The Department of Veterans
Affairs (VA) published an information
collection notice in a Federal Register
on September 6, 2013 (78 FR 54956),
that contained errors. VA announced
that the Board of Veterans’ Affairs was
announcing an opportunity for public
comment on the proposed collection.
We have also corrected the frequency of
response that was listed as quarterly to
annually. Those errors are corrected by
this notice.

SUMMARY:

FOR FURTHER INFORMATION CONTACT:

Crystal Rennie, Enterprise Records
Service (005R1B), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420, at (202)
632–7492 or [email protected].
Correction
In FR Doc. 2013–21699, published on
September 6, 2013, at 78 FR 54956,
make the following corrections.
On page 54956, in the third column,
at the ‘‘AGENCY’’ heading, third column,
remove the first instance of the word
‘‘Affairs’’, and add, in its place,
‘‘Appeals’’. In the ‘‘SUMMARY’’, third
column, remove the first instance of the
word ‘‘Affairs’’, and add, in its place,
‘‘Appeals’’. In the ‘‘SUPPLEMENTARY
INFORMATION’’ section, first column on
page 54957, remove each instance of
‘‘VBA’’, and add, in its place, ‘‘BVA’’. In
the ‘‘FREQUENCY OF RESPONSE’’
section, first column on page 54957,
remove ‘‘quarterly’’ and add, in its
place, ‘‘annually’’.
Dated: September 26, 2013.
Crystal Rennie,
VA Clearance Officer, Department of Veterans
Affairs.
[FR Doc. 2013–23906 Filed 9–30–13; 8:45 am]
BILLING CODE 8320–01–P

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60379

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0521]

Proposed Information Collection
(Credit Underwriting Standards and
Procedures for Processing VA
Guaranteed Loans) Activity: Comment
Request
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

The Veterans Benefits
Administration (VBA), 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
revision of a currently approved
collection, and allow 60 days for public
comment in response to the notice. This
notice solicits comments on information
needed to underwrite VA-guaranteed
loans.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before December 2, 2013.
ADDRESSES: Submit written comments
on the collection of information through
the Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M35), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420 or email
[email protected]. Please refer to
‘‘OMB Control No. 2900–0521’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Nancy J. Kessinger at (202) 632–7492 or
fax (202) 632–8925.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
3501—3521), 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;
SUMMARY:

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(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.
Titles:
a. Report and Certification of Loan
Disbursement, VA Form 26–1820
b. Request for Verification of
Employment, VA Form 26–8497
c. Request for Verification of Deposit,
VA Form 26–8497a
OMB Control Number: 2900–0521.
Type of Review: Revision of a
currently approved collection.
Abstracts: Lenders must obtain
specific information concerning a
Veteran’s credit history in order to
properly underwrite the veteran’s loan.
VA loans may not be guaranteed unless
the Veteran is a satisfactory credit risk.
The data collected on the following
forms will be used to ensure
applications for VA-guaranteed loans

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are underwritten in a reasonable and
prudent manner.
a. VA Form 26–1820 is completed by
lenders closing VA guaranteed and
insured loans under the automatic or
prior approval procedures.
b. VA Form 26–8497 is used by
lenders to verify a loan applicant’s
income and employment information
when making guaranteed and insured
loans. VA do not require the exclusive
use of this form for verification
purposes, any alternative verification
document would be acceptable
provided that all information requested
on VA Form 26–8497 is provided.
c. Lenders making guaranteed and
insured loans complete VA Form 26–
8497a to verify the applicant’s deposits
in banks and other savings institutions.
Affected Public: Business or other for
profit.
Estimated Annual Burden:
a. Report and Certification of Loan
Disbursement, VA Form 26–1820—
150,000 hours.
b. Request for Verification of
Employment, VA Form 26–8497—
25,000 hours.

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c. Request for Verification of Deposit,
VA Form 26–8497a—12,500 hours.
Estimated Average Burden per
Respondent:
a. Report and Certification of Loan
Disbursement, VA Form 26–1820—15
minutes.
b. Request for Verification of
Employment, VA Form 26–8497—10
minutes.
c. Request for Verification of Deposit,
VA Form 26–8497a—5 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents:
a. Report and Certification of Loan
Disbursement, VA Form 26–1820—
600,000.
b. Request for Verification of
Employment, VA Form 26–8497—
150,000.
c. Request for Verification of Deposit,
VA Form 26–8497a—150,000.
Dated: September 26, 2013.
By direction of the Secretary.
Crystal Rennie,
VA Clearance Officer, Department of Veterans
Affairs.
[FR Doc. 2013–23888 Filed 9–30–13; 8:45 am]
BILLING CODE 8320–01–P

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