30-Day FRN - 2900-0890 (2021)

Federal Register / Vol. 86, No. 219 / Wednesday, November 17, 2021 / Notices
FOR FURTHER INFORMATION CONTACT:

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0890]

Agency Information Collection Activity
Under OMB Review: FNMA Forms
1004, 1004C, 1025, 2055 and 1075
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration,
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 and it includes the
actual data collection instrument.
DATES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function. Refer to ‘‘OMB Control
No. 2900–0890.

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SUMMARY:

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Maribel Aponte, Office of Enterprise
and Integration, Data Governance
Analytics (008), 1717 H Street NW,
Washington, DC 20006, (202) 266–4688
or email [email protected]. Please
refer to ‘‘OMB Control No. 2900–0890’’
in any correspondence.
SUPPLEMENTARY INFORMATION:
Authority: 38 U.S.C. 3731.
Title: FNMA Forms 1004, 1004C,
1025, 2055 and 1075.
OMB Control Number: 2900–0890.
Type of Review: Extension of a
currently approved collection.
Abstract: This information collection
package seeks approval of VA’s
requirement that appraisers utilize
certain industry-standard forms in
completing an appraisal. 38 U.S.C. 3731
authorizes the VA Secretary to establish
a panel of appraisers, prescribe
qualifications for such appraisers, and
determine reasonable value of a
property, construction, repairs or
alterations based on an appraisal report
provided by a panel appraiser for the
purpose of guaranteeing a loan.
VA is requesting approval to
authorize collection of these forms
because accurate and thorough appraisal
reporting is critical to the accuracy of
underwriting for the mortgage process.
Additionally, VA is looking to expand
the list of authorized forms for use due
to ongoing needs related to the
pandemic. This collection of

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information provides a more thorough
and complete appraisal of prospective
VA-guaranteed properties ensuring that
mortgages are acceptable for VA
guarantee and thereby protect the
interest of VA, taxpayers, and the
Veterans Housing Benefit Program
Fund. Policies and procedures for
governing the VA appraisal program are
set forth in Chapter 36, Title 38 of the
CFR.
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 at: 86 FR
50595 on September 9, 2021, pages
50595 and 50596.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 10,833.
Estimated Average Burden per
Respondent: 1 minute.
Frequency of Response: One time.
Estimated Number of Respondents:
650,000.
By direction of the Secretary.
Maribel Aponte,
VA PRA Clearance Officer, Office of
Enterprise and Integration, Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2021–25066 Filed 11–16–21; 8:45 am]
BILLING CODE 8320–01–P

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