[Federal Register Volume 67, Number 72 (Monday, April 15, 2002)]
[Notices]
[Pages 18307-18308]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-8983]


-----------------------------------------------------------------------

DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0047]


Agency Information Collection Activities Under OMB Review

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 
(44 U.S.C., 3501 et seq.), this notice

[[Page 18308]]

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 May 15, 2002.

FOR FURTHER INFORMATION CONTACT: Denise McLamb, Information Management 
Service (045A4), Department of Veterans Affairs, 810 Vermont Avenue, 
NW., Washington, DC 20420, (202) 273-8030, FAX (202) 273-5981 or e-
mail: [email protected]. Please refer to ``OMB Control No. 
2900-0047.''
    Send comments and recommendations concerning any aspect of the 
information collection to VA's OMB Desk Officer, OMB Human Resources 
and Housing Branch, New Executive Office Building, Room 10235, 
Washington, DC 20503 (202) 395-7316. Please refer to ``OMB Control No. 
2900-0047'' in any correspondence.

SUPPLEMENTARY INFORMATION:
    Title: Financial Statement, VA Form 26-6807.
    OMB Control Number: 2900-0047.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA Form 26-6807 is used to determine an applicant's or 
obligor's creditworthiness. The major use of the form occurs in release 
of liability and substitution of entitlement cases. VA may release 
original veteran obligors from personal liability arising from the 
original guaranty of their home loans, or the making of a direct loan, 
provided purchaser/assumers meet the necessary requirements, among 
which is qualifying from a credit standpoint.
    The form also can be used to determine a borrower's financial 
condition in connection with efforts to reinstate a seriously defaulted 
guaranteed, insured, or portfolio loan. It is also used to determine 
the eligibility of homeowners for aid under the Homeowners Assistance 
Program, which provides assistance by reducing losses incident to the 
disposal of homes when military installations at which the homeowners 
were employed or serving are ordered closed in whole or in part.
    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 18, 2002, at pages 2731-2732.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 30,000 hours.
    Estimated Average Burden Per Respondent: 45 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Total Respondents: 40,000.

    Dated: March 28, 2002.
    By direction of the Secretary.

Mary Granito,
Management Analyst, Information Management Service.
[FR Doc. 02-8983 Filed 4-12-02; 8:45 am]
BILLING CODE 8320-01-P