[Federal Register Volume 77, Number 2 (Wednesday, January 4, 2012)]
[Notices]
[Pages 324-325]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-33705]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0110]


Proposed Information Collection (Application for Assumption 
Approval and/or Release From Personal Liability to the Government on a 
Home Loan) Activity: 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 approve a claimant's request to be released from 
personal liability on a Government home loan.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before March 5, 2012.

ADDRESSES: Submit written comments on the collection of information 
through the Federal Docket Management System (FDMS) at 
www.Regulations.gov or to Nancy J. Kessinger, Veterans Benefits 
Administration (20M35), Department of Veterans Affairs, 810 Vermont 
Avenue NW., Washington, DC 20420 or email to [email protected]. 
Please refer to ``OMB Control No. 2900-0110'' in any correspondence. 
During the comment period, comments may be viewed online through at 
FDMS.

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--21), 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.
    Title: Application for Assumption Approval and/or Release from 
Personal Liability to the Government on a Home Loan, VA Form 26-6381.
    OMB Control Number: 2900-0110.
    Type of Review: Extension of a currently approved collection.
    Abstract: Veteran-borrows complete VA Form 26-6381 to sell their 
home by assumption rather than requiring the purchaser to obtain their 
own financing to pay off the VA guaranteed home loan. In order for the 
veteran-borrower to be release from personal liability, the loan must 
be current and the purchaser must assume all of the veteran's liability 
to the Government and to the mortgage holder and meet the credit and 
income requirements.
    Affected Public: Individuals or households, Business or other for 
profit.
    Estimated Annual Burden: 42 hours.
    Estimated Average Burden per Respondent: 10 minutes.

[[Page 325]]

    Frequency of Response: On occasion.
    Estimated Number of Respondents: 250.

    Dated: December 28, 2011.

    By direction of the Secretary.
Denise McLamb,
Program Analyst, Enterprise Records Service.
[FR Doc. 2011-33705 Filed 1-3-12; 8:45 am]
BILLING CODE 8320-01-P