[Federal Register Volume 68, Number 53 (Wednesday, March 19, 2003)]
[Notices]
[Page 13364]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-6613]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0386]


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 ensure that lenders correctly compute the funding 
fee and the maximum permissible loan amount for interest rate reduction 
refinancing loans.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before May 19, 2003.

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 mailto:[email protected]. Please refer to ``OMB Control No. 
2900-0386'' 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 (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: Interest Rate Reduction Refinancing Loan Worksheet, VA Form 
26-8923.
    OMB Control Number: 2900-0386.
    Type of Review: Extension of a currently approved collection.
    Abstract: Lenders are required to submit VA Form 26-8923 when 
requesting guaranty on an interest rate reduction refinancing loan. VA 
loan examiners must assure that the requirements of the Deficit 
Reduction Act of 1984 and applicable VA regulations are met before the 
issuance of guaranty. The form ensures that lenders correctly compute 
the funding fee and the maximum permissible loan amount for interest 
rate reduction refinancing loans.
    Affected Public: Business or other for profit.
    Estimated Annual Burden: 16,667 hours.
    Estimated Average Burden Per Respondent: 10 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 100,000.

    Dated: February 26, 2003.

    By direction of the Secretary.
Martin L. Hill,
Acting Director, Records Management Service.
[FR Doc. 03-6613 Filed 3-18-03; 8:45 am]
BILLING CODE 8320-01-P