[Federal Register Volume 69, Number 136 (Friday, July 16, 2004)]
[Notices]
[Pages 42809-42810]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-16178]


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

DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0111]


Proposed Information Collection Activity: Proposed Collection; 
Comment Request

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

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

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 make determinations for release of liability and 
substitution of entitlement of veterans-sellers to the government on 
guaranteed, insured and direct loans.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before September 14, 2004.

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. 
2900-0111'' 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., 3501-3521), 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: Statement of Purchaser or Owner Assuming Seller's Loans, VA 
Form 26-6382.
    OMB Control Number: 2900-0111.
    Type of Review: Extension of a currently approved collection.
    Abstract: If a veteran chooses to sell his or her VA guaranteed 
home, VA will allow a qualified purchaser to assume the veteran's loan 
and all the responsibility under the guaranty or insurance.
    In regard to substitution of entitlement cases, eligible veteran 
purchasers must meet all requirements of liability in addition to 
having available loan guaranty entitlement. Purchasers who are assuming 
veterans' guaranteed, insured, and direct home loans, complete VA Form 
26-6382. The information collected is essential to make a determination 
for release of liability as well as for credit underwriting 
determinations for substitution of entitlement.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 1,875 hour.
    Estimated Average Burden Per Respondent: 15 minutes.
    Frequency of Response: One-time.
    Estimated Number of Respondents: 7,500.

    Dated: July 6, 2004.

[[Page 42810]]

    By direction of the Secretary.
Loise Russell,
 Director, Records Management Service.
[FR Doc. 04-16178 Filed 7-15-04; 8:45 am]
BILLING CODE 8320-01-P