[Federal Register Volume 75, Number 193 (Wednesday, October 6, 2010)]
[Notices]
[Pages 61858-61859]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-25148]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0045]
Proposed Information Collection (VA Request for Determination of
Reasonable Value) 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 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 determine the reasonable value of properties for
guaranteed or direct home loans.
DATES: Written comments and recommendations on the proposed collection
of information should be received on or before December 6, 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. 2900-0045'' 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: VA Request for Determination of Reasonable Value, VA Form
26-1805 and 26-1805-1.
OMB Control Number: 2900-0045.
Type of Review: Extension of a currently approved collection.
Abstract: VA Forms 26-1805 and 26-1805-1 are used to identify
properties to
[[Page 61859]]
be appraised and to make assignments to an appraiser. VA home loans
cannot be guaranteed or made unless the nature and conditions of the
property is suitable for dwelling purposes is determined; the loan
amount to be paid by the veteran for such property for the cost of
construction, repairs, or alterations does not exceed the reasonable
value; or if the loan is for repair, alteration, or improvements of
property, the work substantially protects or improves the basic
livability of the property. VA or the lender's participating in the
lender appraisal processing program issues a notice of values to notify
the veteran and requester of the determination of reasonable value and
any conditional requirements.
Affected Public: Individuals or households.
Estimated Annual Burden: 60,000 hours.
Estimated Average Burden per Respondent: 12 minutes.
Frequency of Response: On occasion.
Estimated Number of Respondents: 300,000.
Dated: September 29, 2010.
By direction of the Secretary.
Denise McLamb,
Program Analyst, Enterprise Records Service.
[FR Doc. 2010-25148 Filed 10-5-10; 8:45 am]
BILLING CODE 8320-01-P