[Federal Register: October 30, 2001 (Volume 66, Number 210)]
[Notices]               
[Page 54802-54803]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30oc01-122]                         

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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0045]

 
Agency Information Collection Activities Under OMB Review

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 
(44 U.S.C., 3501 et seq.), this notice announces that the Veterans 
Benefits Administration (VBA), Department of Veterans Affairs, has 
submitted 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; it includes the actual data collection 
instrument.

DATES: Comments must be submitted on or before November 29, 2001.

FOR FURTHER INFORMATION OR A COPY OF THE SUBMISSION CONTACT: Denise 
McLamb, Information Management Service (045A4), Department of Veterans 
Affairs, 810 Vermont Avenue, NW., Washington, DC 20420, (202) 273-8030, 
FAX (202) 273-5981 or e-mail: denise.mclamb@mail.va.gov. Please refer 
to ``OMB Control No. 2900-0045.''

SUPPLEMENTARY INFORMATION:
    Title: Request for Determination of Reasonable Value (Real Estate), 
VA Form 26-1805.
    OMB Control Number: 2900-0045.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA Form 26-1805 is used to collect data necessary for VA 
compliance with requirements of Title 38, U.S.C., 3710 (b)(4), (5), and 
(6). These requirements prohibit the VA guaranty or making of any loans 
unless the suitability of the security property for dwelling purposes 
is determined; the loan amount does not exceed the reasonable value; 
and if the loan is for purposes of alteration, repair, or improvements, 
the work substantially improves the basic livability of the property. 
The data supplied by persons and firms completing VA Form 26-1805 is 
used by VA personnel to identify and locate properties for appraisal 
and to make assignments to appraisers. VA is required to notify 
potential veteran-purchasers of such properties of the VA-established 
reasonable value. VA will also use VA Form 26-1843, Certificate of 
Reasonable Value, (included in the VA Form 1805 Package) as a notice to 
requesters of the reasonable (appraised)

[[Page 54803]]

value or an authorized lender will issue a notice of value in 
connection with the Lender Appraisal Processing Program.
    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 on August 7, 2001, on page 41312.
    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.
    Send comments and recommendations concerning any aspect of the 
information collection to VA's OMB Desk Officer, OMB Human Resources 
and Housing Branch, New Executive Office Building, Room 10235, 
Washington, DC 20503 (202) 395-7316. Please refer to ``OMB Control No. 
2900-0045'' in any correspondence.

    Dated: October 10, 2001.
By direction of the Secretary.
Barbara H. Epps,
Management Analyst, Information Management Service.
[FR Doc. 01-27298 Filed 10-29-01; 8:45 am]
BILLING CODE 8320-01-P