[Federal Register Volume 67, Number 61 (Friday, March 29, 2002)]
[Notices]
[Pages 15286-15287]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-7658]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0362]


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 on the 
information needed to determine the amount owed to the holder when 
there is a default on a VA guaranteed home loan.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before May 28, 2002.

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 or e-mail: [email protected]. Please refer to ``OMB Control No. 
2900-0362'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Nancy J. Kessinger at (202) 273-7079 
or FAX (202) 275-5947.

SUPPLEMENTARY INFORMATION: Under the PRA of 1995 (Pub. L. 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.
    Titles:  a. Claim Under Loan Guaranty, VA Form 26-1874.
    b. Supplemental Claim Form--Adjustable Rate Mortgages, VA Form 26-
1874a.
    OMB Control Number: 2900-0362.
    Type of Review: Extension of a currently approved collection.
    Abstract: a. Lenders and holders of VA guaranteed home loans use VA 
Form 26-1874 as notification to VA of default loans.
    b. VA Form 26-1874a is used as an attachment to VA Form 26-1874 
when filing a claim under the loan guaranty resulting from the 
termination of an Adjustable Rate Mortgage Loan. The information 
obtained on both forms is essential to VA in determining the amount 
owed to the holder under the guaranty.
    Affected Public: Business or other for profit.
    Estimated Annual Burden: 26,139 hours.
    a. VA Form 26-1874--25,806 hours.
    b. VA Form 26-1874a--333 hours.
    Estimated Average Burden Per Respondent: 59 minutes (average).

[[Page 15287]]

    a. VA Form 26-1874--60 minutes.
    b. VA Form 26-1874a--20 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Total Respondents: 26,806.
    a. VA Form 26-1874--25,806.
    b. VA Form 26-1874a--1,000.


    Dated: March 20, 2002.
    By direction of the Secretary.
Donald L. Neilson,
Director, Information Management Service.
[FR Doc. 02-7658 Filed 3-28-02; 8:45 am]
BILLING CODE 8320-01-P