60-Day FRN - 2900-0252 (2020)

60-Day FRN - 2900-0252 (2020).pdf

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

60-Day FRN - 2900-0252 (2020)

OMB: 2900-0252

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Federal Register / Vol. 85, No. 43 / Wednesday, March 4, 2020 / Notices
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0252]

Agency Information Collection
Activity: Application for Authority To
Close Loans on an Automatic Basis
Nonsupervised Lenders (VA Form 26–
8736)
Loan Guaranty Service,
Veterans Benefits Administration
ACTION: Notice.
AGENCY:

Loan Guaranty Service,
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 extension of a
currently approved collection, and
allow 60 days for public comment in
response to the notice.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before May 4, 2020.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue

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SUMMARY:

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NW, Washington, DC 20420 or email to
[email protected]. Please refer to
‘‘OMB Control No. 2900–0252’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Danny S. Green, (202) 421–1354 or
email [email protected]. Please
refer to ‘‘OMB Control No. 2900–0252’’
in any correspondence.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, 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;
(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.
Authority: Public Law 104–13; 44
U.S.C. 3501–3521.

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Title: Application for Authority to
Close Loans on an Automatic Basis
Nonsupervised Lenders (VA Form 26–
8736).
OMB Control Number: 2900–0252.
Type of Review: Extension of an
approved collection.
Abstract: VA Form 26–8736 is used
by non-supervised lenders requesting
approval to close loans on an automatic
basis. The form contains information
and data considered crucial for making
acceptability determinations as to
lenders who shall be approved for this
privilege. Upon receipt of the form, the
VA Regional Loan Centers will process
and evaluate the information. They will
then advise the lender-applicant of their
decision. Without this information, VA
would not be able to determine if
lender-applicants meet the
qualifications for processing loans on an
automatic basis.
Affected Public: Individuals or
households.
Estimated Annual Burden: 50 hours.
Estimated Average Burden per
Respondent: 25 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
120.
By direction of the Secretary.
Danny S. Green,
VA PRA Clearance Officer, Office of Quality,
Performance and Risk, Department of
Veterans Affairs.
[FR Doc. 2020–04406 Filed 3–3–20; 8:45 am]
BILLING CODE 8320–01–P

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