[Federal Register Volume 75, Number 179 (Thursday, September 16, 2010)]
[Notices]
[Pages 56662-56663]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-23052]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0252]
Proposed Information Collection (Application for Authority To
Close Loans on an Automatic Basis--Nonsupervised Lenders) Activity:
Comment Request
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: The Veterans Benefits Administration (VBA), Department of
Veterans Affairs (VA), is announcing an opportunity for public comment
on the proposed collection of certain
[[Page 56663]]
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. This notice
solicits comments for information needed to authorize nonsupervised
lenders to close loans on an automatic basis.
DATES: Written comments and recommendations on the proposed collection
of information should be received on or before November 15, 2010.
ADDRESSES: Submit written comments on the collection of information
through the Federal Docket Management System (FDMS) at http://www.Regulations.gov or to Nancy J. Kessinger, Veterans Benefits
Administration (20M35), Department of Veterans Affairs, 810 Vermont
Avenue, NW., Washington, DC 20420 or e-mail [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: Nancy J. Kessinger at (202) 461-9769
or FAX (202) 275-5947.
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; (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.
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 a currently approved collection.
Abstract: VA Form 26-8736 is used by nonsupervised lenders
requesting approval to close loans on an automatic basis. Automatic
lending privileges eliminate the requirement for submission of loans to
VA for prior approval. Lending institutions with automatic loan
privileges may process and disburse such loans and subsequently report
the loan to VA for issuance of guaranty. The form requests information
considered crucial for VA to make acceptability determinations as to
lenders who shall be approved for this privilege.
Affected Public: Business or other for-profit.
Estimated Annual Burden: 50 hours.
Estimated Average Burden per Respondent: 25 minutes.
Frequency of Response: One time.
Estimated Number of Respondents: 120.
Dated: September 10, 2010.
By direction of the Secretary.
Denise McLamb,
Program Analyst, Enterprise Records Service.
[FR Doc. 2010-23052 Filed 9-15-10; 8:45 am]
BILLING CODE 8320-01-P