Application for Authority to Close Loans on an Automatic Basis - Nonsupervised Lenders (26-8736)

Forms and Documents

Document Name	Status
Form VA Form 26-8736 Application for Authority to Close Loans on an Automatic Basis - Nonsupervised Lenders Form	Modified
30-Day FRN - 2900-0252 (2020).pdf Supplementary Document	2020-05-15
SUPPORTING STATEMENT 2900-0252 26-8736.docx Supporting Statement A	2020-05-07
60-Day FRN - 2900-0252 (2020).pdf Supplementary Document	2020-03-04

IC Document Collections

IC ID	Document Title	Status
28493	Application for Authority to Close Loans on an Automatic Basis - Nonsupervised Lenders Form	Modified

ICR Details

OMB Control No: 2900-0252	ICR Reference No: 202001-2900-005
Status: Active	Previous ICR Reference No: 201703-2900-004
Agency/Subagency: VA	Agency Tracking No: VBA-LGY-YA
Title: Application for Authority to Close Loans on an Automatic Basis - Nonsupervised Lenders (26-8736)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/21/2020
	Date Received in OIRA: 05/15/2020
Terms of Clearance: Approval is granted for use of this form. Any future collection of information as defined by 5 CFR 1320.3(c) collected pursuant to the certifications section of this form (e.g., the undersigned shall "promptly furnish VA any requested information") must receive separate OMB approval and is not approved through the assignment of an OMB control number to this form.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2023	36 Months From Approved	09/30/2020
Responses	120	0	120
Time Burden (Hours)	50	0	50
Cost Burden (Dollars)	0	0	0

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Abstract: Application submitted by nonsupervised lenders desiring authority to process loans under 38 U.S.C. 3710 on automatic basis. Information collected is essential to VA application of standards required by 38 U.S.C. 3702(d)(3).

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Authorizing Statute(s): US Code: 38 USC 3710 Name of Law: Purchase of construction of homes
   US Code: 38 USC 3702(d)(3) Name of Law: Basic entitlement
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 12823	03/04/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 29031	05/14/2020
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Application for Authority to Close Loans on an Automatic Basis - Nonsupervised Lenders	VA Form 26-8736	APPLICATION FOR AUTHORITY TO CLOSE LOANS ON AN AUTOMATIC BASIS NONSUPERVISED LENDERS

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ICR Summary of Burden

	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	120	120	0	0	0	0
Annual Time Burden (Hours)	50	50	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $2,478

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/15/2020

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