[Federal Register Volume 75, Number 221 (Wednesday, November 17, 2010)]
[Notices]
[Page 70364]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-28977]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0252]


Agency Information Collection (Application for Authority to Close 
Loans on an Automatic Basis--Nonsupervised Lenders) Activity 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 December 17, 2010.

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. 2900-0252'' in any correspondence

FOR FURTHER INFORMATION CONTACT: Denise McLamb, Enterprise Records 
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-
0252.''

SUPPLEMENTARY INFORMATION:
    Title: Application for Authority to Close Loans on an Automatic 
Basis--Nonsupervised Lenders, VA Form 26-8736.
    OMB Control Number: 2900-0252.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA Form 26-8736 is used by nonsupervised lenders 
requesting approval to close loans on an automatic basis. Automatic 
lending privileges eliminate the requirement for submission of loans to 
VA for prior approval. Lending institutions with automatic loan 
privileges may process and disburse such loans and subsequently report 
the loan to VA for issuance of guaranty. The form requests information 
considered crucial for VA to make acceptability determinations as to 
lenders who shall be approved for this privilege.
    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 September 16, 2010, at pages 56662-56663.
    Affected Public: Business or other for-profit.
    Estimated Annual Burden: 50 hours.
    Estimated Average Burden per Respondent: 25 minutes.
    Frequency of Response: One time.
    Estimated Number of Respondents: 120.

    Dated: November 12, 2010.

    By direction of the Secretary:
Denise McLamb,
Program Analyst, Enterprise Records Service.
[FR Doc. 2010-28977 Filed 11-16-10; 8:45 am]
BILLING CODE 8320-01-P