98-24362. Agency Information Collection Activities Under OMB Review

[Federal Register Volume 63, Number 176 (Friday, September 11, 1998)]
[Notices]
[Page 48789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24362]



[[Page 48789]]

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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0252]


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, 8l0 Vermont Avenue, NW, Washington, DC 20420, [phone] 
or FAX [phone]. Please refer to ``OMB Control No. 2900-0252.''

SUPPLEMENTARY INFORMATION:
    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: Reinstatement, without change, of a previously 
approved collection for which approval has expired.
    Abstract: Title 38, U.S.C., Section 3702(d)(3) provides for 
nonsupervised lenders to make automatically guaranteed loans if the 
Secretary of Veterans Affairs approves them for such purposes. 
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. VA Form 26-8736 is used 
by nonsupervised lenders to request approval to close loans on an 
automatic basis. The form requests information considered crucial for 
VA to make acceptability determinations as to lenders who shall be 
approved for this privilege.
    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 February 11, 1998 at page 7050.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 50 hours.
    Estimated Average Burden Per Respondent: 25 minutes.
    Frequency of Response: Generally one time.
    Estimated Number of Respondents: 120.
    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 [phone]. Please refer to ``OMB 
Control No. 2900-0252'' in any correspondence.

    Dated: August 14, 1998.

    By direction of the Secretary.
Donald L. Neilson,
Director, Information Management Service.
[FR Doc. 98-24362 Filed 9-10-98; 8:45 am]
BILLING CODE 8320-01-P