99-25126. Proposed Information Collection Activity: Proposed Collection; Comment Request

[Federal Register Volume 64, Number 187 (Tuesday, September 28, 1999)]
[Notices]
[Page 52372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25126]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0460]


Proposed Information Collection Activity: Proposed Collection; 
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 verify loan applicant's income and employment.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before November 29, 1999.

ADDRESSES: Submit written comments on the collection of information to 
Nancy J. Kessinger, Veterans Benefits Administration (20S52), 
Department of Veterans Affairs, 810 Vermont Avenue, NW, Washington, DC 
20420. Please refer to ``OMB Control No. 2900-0460'' in any 
correspondence.

FOR FURTHER INFORMATION CONTACT: Nancy J. Kessinger at [phone] 
or FAX [phone].

SUPPLEMENTARY INFORMATION: Under the PRA of 1995 (Public Law 104-13; 44 
U.S.C., 3501-3520), 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: Request for Verification of Employment, VA Form 26-8497.
    OMB Control Number: 2900-0460.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA Form 26-8497 is used by lenders to verify a loan 
applicant's income and employment information when making guaranteed 
and insured loans. The VA, however, does not require the exclusive use 
of this form for verification purposes; any comprehensible form or 
independent verification would be acceptable, provided all information 
presently shown on VA Form 26-8497 is provided. The form is also used 
in processing direct loan cases, offers on acquired properties, and 
release of liability/substitution of entitlement cases when needed.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 50,000 hours.
    Estimated Average Burden Per Respondent: 10 minutes.
    Frequency of Response: Generally one time.
    Estimated Number of Respondents: 300,000.

    By direction of the Secretary.

    Dated: August 20, 1999.
Sandra S. McIntyre,
Management and Program Analyst, Information Management Service.
[FR Doc. 99-25126 Filed 9-27-99; 8:45 am]
BILLING CODE 8320-01-P