30-day FRN(2900-0521)

30-day FRN(2900-0521).pdf

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

30-day FRN(2900-0521)

OMB: 2900-0521

Document [pdf]
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7282

Federal Register / Vol. 79, No. 25 / Thursday, February 6, 2014 / Notices

By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of
Veterans Affairs.
[FR Doc. 2014–02551 Filed 2–5–14; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0139]

Agency Information Collection
(Notice—Payment Not Applied) Activity
Under OMB Review
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of 1995
(44 U.S.C. 3501–3521), 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; it includes
the actual data collection instrument.
DATES: Comments must be submitted on
or before March 10, 2014.
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 oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–00139’’ in any
correspondence.
SUMMARY:

mstockstill on DSK4VPTVN1PROD with NOTICES

FOR FURTHER INFORMATION CONTACT:

Crystal Rennie, Enterprise Records
Service (005R1B), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420, (202) 632–
7492 or email [email protected].
Please refer to ‘‘OMB Control No. 2900–
0139.’’
SUPPLEMENTARY INFORMATION:
Title: Notice—Payment Not Applied,
VA Form 29–4499a.
OMB Control Number: 2900–0139.
Type of Review: Revision of a
currently approved collection.
Abstract: VA Form 29–4499a is used
by policy holders to reinstate their
National Service Life Insurance (NSLI)
policy. The information collected is
used to determine the insurer’s
eligibility for reinstatement to
government life insurance.

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18:18 Feb 05, 2014

Jkt 232001

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 on July
31, 2013, at pages 46423–46424.
Affected Public: Individuals or
households.
Estimated Annual Burden: 300 hours.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents:
1,200.
Dated: February 3, 2014.
By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of
Veterans Affairs.
[FR Doc. 2014–02547 Filed 2–5–14; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0159]

Agency Information Collection
(Matured Endowment Notification)
Activity Under OMB Review
Veterans Benefits
Administration, Department of Veterans
Affairs
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of 1995
(44 U.S.C. 3501–3521), 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; it includes
the actual data collection instrument.
DATES: Comments must be submitted on
or before March 10, 2014.
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 oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0159’’ in any
correspondence.
SUMMARY:

FOR FURTHER INFORMATION CONTACT:

Crystal Rennie, Enterprise Records

PO 00000

Frm 00119

Fmt 4703

Sfmt 4703

Service (005R1B), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420, (202) 632–
7492 or email [email protected].
Please refer to ‘‘OMB Control No. 2900–
0159.’’
SUPPLEMENTARY INFORMATION:
Title: Matured Endowment
Notification, VA Form 29–5767.
OMB Control Number: 2900–0159.
Type of Review: Revision without
change of a currently approved
collection.
Abstract: VA Form 29–5767 is used to
notify the insured that his or her
endowment policy has matured. The
form also request that the insured elect
whether he or she prefer to receive the
proceeds in monthly installment or in a
combination of cash and monthly
installment and to designate a
beneficiary(ies) to receive the remaining
proceeds.
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 on July
31, 2013 (78 FR 46418).
Estimated Annual Burden: 2,867
hours.
Estimated Average Burden per
Respondent: 20 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents:
8,600.
Dated: February 3, 2014.
By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of
Veterans Affairs.
[FR Doc. 2014–02540 Filed 2–5–14; 8:45 am]
BILLING CODE 8320–01–P

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

Agency Information Collection (Credit
Underwriting Standards and
Procedures for Processing VA
Guaranteed Loans) Activity Under
OMB Review
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of 1995
(44 U.S.C. 3501–3521), this notice
announces that the Veterans Benefits
Administration (VBA), Department of

SUMMARY:

E:\FR\FM\06FEN1.SGM

06FEN1

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 79, No. 25 / Thursday, February 6, 2014 / Notices
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; it includes
the actual data collection instrument.
DATES: Comments must be submitted on
or before March 10, 2014.
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 oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0521’’ in any
correspondence.
FOR FURTHER INFORMATION CONTACT:
Crystal Rennie, Enterprise Records
Service (005R1B), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420, (202) 632–
7492 or email [email protected].
Please refer to ‘‘OMB Control No. 2900–
0521.’’
SUPPLEMENTARY INFORMATION:
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.
Abstract: 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
are used to ensure that applications for
VA-guaranteed loans 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 does 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.

VerDate Mar<15>2010

18:18 Feb 05, 2014

Jkt 232001

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 on
October 1, 2013, at pages 60379–60380.
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.
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: One Time.
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: February 3, 2014.
By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of
Veterans Affairs.
[FR Doc. 2014–02532 Filed 2–5–14; 8:45 am]
BILLING CODE 8320–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0474]

Agency Information Collection (Create
Payment Request for the VA Funding
Fee Payment System (VA FFPS) a
Computer Generated Funding Fee
Receipt) Activity Under OMB Review
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of 1995
(44 U.S.C. 3501–3521), this notice
announces that the Veterans Benefits

SUMMARY:

PO 00000

Frm 00120

Fmt 4703

Sfmt 4703

7283

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; it includes
the actual data collection instrument.
DATES: Comments must be submitted on
or before March 10, 2014.
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 oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0474’’ in any
correspondence.
FOR FURTHER INFORMATION CONTACT:
Crystal Rennie, Enterprise Records
Service (005R1B), Department of
Veterans Affairs, 810 Vermont Avenue
NW., Washington, DC 20420, (202) 632–
7492 or email [email protected].
Please refer to ‘‘OMB Control No. 2900–
0474.’’
SUPPLEMENTRY INFORMATION:
Title: Create Payment Request for the
VA Funding Fee Payment System (VA
FFPS) Computer Generated Funding Fee
Receipt, VA Form 26–8986.
OMB Control Number: 2900–0474.
Type of Review: Revision of a
currently approved collection.
Abstract: Veterans obtaining a VAguaranteed home loan must pay a
funding fee to VA before the loan can
be guaranteed. The only exceptions are
loans made to Veterans receiving VA
compensation for service-connected
disabilities, (or veterans whom, but for
receipt of retirement pay, would be
entitled to receive compensation) and
unmarried surviving spouse of veterans
who died in active military service or
from service-connected disability
regardless of whether the spouse has his
or her own eligibility.
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 on
September 27, 2013 (78 FR 59771).
Affected Public: Business or other for
profit.
Estimated Annual Burden: 9,167
hours.
Estimated Average Burden per
Respondent: 2 minutes.
Frequency of Response: One-time.

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