[Federal Register: September 11, 1998 (Volume 63, Number 176)]
[Notices]               
[Page 48788]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11se98-146]

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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0032]

 
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 October 13, 1998.

FOR FURTHER INFORMATION OR A COPY OF THE SUBMISSION CONTACT: Ron 
Taylor, Information Management Service (045A4), Department of Veterans 
Affairs, 810 Vermont Avenue, NW, Washington, DC 20420, (202) 273-8015 
or FAX (202) 273-5981. Please refer to ``OMB Control No. 2900-0032.''

SUPPLEMENTARY INFORMATION:
    Title: Report and Certification of Loan Disbursement, VA Form 26-
1820.
    OMB Control Number: 2900-0032.
    Type of Review: Extension of a currently approved collection.
    Abstract: The form is completed by lenders closing VA guaranteed 
and insured loans under the automatic or prior approval procedures. 
Such loans are not subject to prior approval of VA. Lenders are 
required to submit with VA Form 26-1820 a copy of the loan application 
(showing income, assets, and obligations) which the lender requires the 
borrower to execute when applying for the loan; original employment and 
income verifications obtained from the borrower's place of employment; 
original verification of assets; and original credit report. VA Form 
26-1820 provides VA with the necessary information on the loan and 
property sufficient for loan examination determinations and 
verification of compliance with Title 38, U.S.C., Chapter 37.
    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 March 24, 1998 at page 14176.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 130,000 hours.
    Estimated Average Burden Per Respondent: 30 minutes.
    Frequency of Response: Generally one time per loan disbursement.
    Estimated Number of Respondents: 260,000.
    Send comments and recommendations concerning any aspect of the 
information collection to VA's OMB Desk Officer, Allison Eydt, OMB 
Human Resources and Housing Branch, New Executive Office Building, Room 
10235, Washington, DC 20503 (202) 395-4650. Please refer to ``OMB 
Control No. 2900-0032'' in any correspondence.

    Dated: August 12, 1998.

    By direction of the Secretary.
Donald L. Neilson,
Director, Information Management Service.
[FR Doc. 98-24360 Filed 9-10-98; 8:45 am]
BILLING CODE 8320-01-P