[Federal Register Volume 70, Number 74 (Tuesday, April 19, 2005)]
[Notices]
[Page 20420]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-7737]


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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 a holder of a 
defaulted VA guaranteed home loan.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before June 20, 2005.

ADDRESSES: Submit written comments on the collection of information to 
Nancy J. Kessinger, Veterans Benefits Administration (20M35), 
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 (Public Law 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.
    Titles:
    a. Claim Under Loan Guaranty, VA Form 26-1874.
    b. 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. Lenders and holders use VA Form 26-1874a 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. VA uses the 
information obtained on both forms to determine the amount owed to the 
holder under the guaranty home loan.
    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:
    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: April 6, 2005.

    By direction of the Secretary.
Loise Russell,
Director, Records Management Service.
[FR Doc. 05-7737 Filed 4-18-05; 8:45 am]
BILLING CODE 8320-01-P