98-24537. Agency Information Collection Activities Under OMB Review

[Federal Register Volume 63, Number 177 (Monday, September 14, 1998)]
[Notices]
[Pages 49159-49160]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24537]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0387]


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

[[Page 49160]]

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 14, 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, [phone] 
or FAX [phone]. Please refer to ``OMB Control No. 2900-0387.''

SUPPLEMENTARY INFORMATION:
    Title and Form Number: Request for Verification of Deposit, VA Form 
26-8497a.
    OMB Control Number: 2900-0387.
    Type of Review: Extension of a currently approved collection.
    Abstract: The form is primarily used by lenders making guaranteed 
and insured loans to verify deposits of applicants in banks and other 
savings institutions. It is also used in processing direct loans, 
offers on acquired properties, and release from liability/substitution 
of entitlement cases when needed. In these types of cases, part I of 
the form is completed by the lender and signed by the applicant then 
forwarded to the depository. The depository completes part II, 
verifying the applicant's deposits, providing information and payment 
experience on outstanding loans, and returns the form to the lender. 
The information is used by VA to determine the applicant's present and 
anticipated income and expenses and that the applicant is a 
satisfactory credit risk.
    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 January 29, 1998 at page 4525.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 21,565 hours.
    Estimated Average Burden Per Respondent: 5 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 258,775.
    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. 2900-0387'' in any correspondence.

    Dated: August 4, 1998.

    By direction of the Secretary.
Donald L. Neilson,
Director, Information Management Service.
[FR Doc. 98-24537 Filed 9-11-98; 8:45 am]
BILLING CODE 8320-01-P