[Federal Register Volume 69, Number 141 (Friday, July 23, 2004)]
[Notices]
[Pages 44080-44081]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-16797]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0249]


Agency Information Collection Activities Under OMB Review

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995 
(44 U.S.C. 3501-21), this notice 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 and includes the actual data collection instrument.

DATES: Comments must be submitted on or before August 23, 2004.

FOR FURTHER INFORMATION CONTACT: Denise McLamb, Records Management 
Service (005E3), Department of Veterans Affairs, 810 Vermont Avenue, 
NW., or e-mail [email protected]. Please refer to ``OMB Control 
No. 2900-0249.'' 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. 2900-0249'' in any correspondence.

SUPPLEMENTARY INFORMATION:
    Title: Loan Service Report, VA Form 26-6808.
    OMB Control Number: 2900-0249.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA Form 26-6808 is used when servicing delinquent 
guaranteed and insured loans and loans sold under 38 CFR 36.4600. With 
the respect to the servicing of guaranteed and insured loans and loans 
sold under 38 CFR 36.4600, the holder has the primary servicing 
responsibility. However, VA has the responsibility to see that the 
servicing efforts of holders are consistent with VA policies and 
guidelines. In those cases in which early payment of the delinquency 
appears unlikely, supplemental servicing by VA will be conducted to 
determine whether the holder may have overlooked any relief measures. 
Since there are ordinarily financial losses to both the borrower and 
the Government resulting from the foreclosure of a guaranteed loan, 
supplemental servicing can protect the interest of each by assuring 
that appropriate relief is extended to those borrowers whose loans can 
be reinstated within a reasonable period of time. VA Loan Service 
Representatives complete VA Form 26-6808 during the course of personal 
contacts with delinquent obligors. The information acquired may form 
the basis of VA's intercession with the holder for the acceptance of 
specially arranged repayment plans or other forbearance aimed at 
assisting the obligor in retaining his or her home.
    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 May 5, 
2004, at page 25173.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 16,667 hours.
    Estimated Average Burden Per Respondent: 25 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 40,000.

    Dated: July 14, 2004.


[[Page 44081]]


    By direction of the Secretary:
Loise Russell,
Director, Records Management Service.
[FR Doc. 04-16797 Filed 7-22-04; 8:45 am]
BILLING CODE 8320-01-P