[Federal Register Volume 73, Number 14 (Tuesday, January 22, 2008)]
[Notices]
[Pages 3806-3807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-925]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0270]


Proposed Information Collection (Financial Counseling Statement); 
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 establish veteran-borrowers repayment agreement 
on delinquent guaranteed or insured VA home loans.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before March 24, 2008.

ADDRESSES: Submit written comments on the collection of information 
through http://www.Regulations.gov or to Nancy J. Kessinger, Veterans 
Benefits Administration (20M35), Department of Veterans Affairs, 810 
Vermont Avenue, NW., Washington, DC 20420 or e-mail to 
[email protected]. Please refer to ``OMB Control No. 2900-0270'' 
in any correspondence. During the comment period, comments may be 
viewed online through the Federal Docket Management System (FDMS) at 
http://www.Regulations.gov.

FOR FURTHER INFORMATION CONTACT: Nancy J. Kessinger at (202) 461-9769 
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;

[[Page 3807]]

(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: Financial Counseling Statement, VA Form 26-8844.
    OMB Control Number: 2900-0270.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA personnel and veteran-borrower complete VA Form 26-
8844 during financial counseling service to record net income, total 
expenditure, net worth, and to suggest areas where expenses can be 
reduced or income increased. Financial counseling service is provided 
to assist veteran-borrowers in retaining their home during periods of 
temporary financial difficulty. The data collected is used to help 
borrowers who are seriously delinquent on guaranteed or insured VA home 
loans to budget and establish a repayment schedule for the loan.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 3,750 hours.
    Estimated Average Burden per Respondent: 45 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 5,000.

    Dated: January 10, 2008.
    By direction of the Secretary.
Denise McLamb,
Program Analyst, Records Management Service.
 [FR Doc. E8-925 Filed 1-18-08; 8:45 am]
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