[Federal Register Volume 72, Number 199 (Tuesday, October 16, 2007)]
[Notices]
[Pages 58739-58740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-20353]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0111]


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. 3501-3521), 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; it includes the actual data collection instrument.

DATES: Comments must be submitted on or before November 15, 2007.

ADDRESSES: Submit written comments on the collection of information 
through http://www.Regulations.gov or 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. 2900-0111'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Denise McLamb, Records Management 
Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue, 
NW., Washington, DC 20420, (202) 461-7485, FAX (202) 273-0443 or e-mail 
[email protected]. Please refer to ``OMB Control No. 2900-
0111.''

SUPPLEMENTARY INFORMATION:
    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: VA Form 26-6382 is completed by purchasers who are 
assuming veterans' guaranteed, insured,

[[Page 58740]]

and direct home loans. The information collected is essential in the 
determinations for release of liability as well as for credit 
underwriting determinations for substitution of entitlement. 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.
    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 August 8, 2007, at pages 44614-44615.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 375 hours.
    Estimated Average Burden per Respondent: 15 minutes.
    Frequency of Response: One-time.
    Estimated Number of Respondents: 1,500.

    Dated: October 10, 2007.

By direction of the Secretary.
Denise McLamb,
Program Analyst, Records Management Service.
 [FR Doc. E7-20353 Filed 10-15-07; 8:45 am]
BILLING CODE 8320-01-P