[Federal Register Volume 79, Number 114 (Friday, June 13, 2014)]
[Notices]
[Pages 33993-33994]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-13808]


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DEPARTMENT OF VETERANS AFFAIRS

 [OMB Control No. 2900-0601]


Agency Information Collection (Requirements for Interest Rate 
Reduction Refinancing Loans) Activity Under OMB Review

AGENCY: Veterans Benefits Administration, VA.

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, will submit 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 July 14, 2014.

ADDRESSES: Submit written comments on the collection of information 
through www.Regulations.gov, or to Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attn: VA Desk Officer; 725 
17th St. NW., Washington, DC 20503 or sent through electronic mail to 
[email protected]. Please refer to ``OMB Control No. 2900-
0601'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Crystal Rennie, Enterprise Records 
Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue 
NW., Washington, DC 20420, (202) 632-7492 or email 
[email protected]. Please refer to ``OMB Control No. 2900-0601.''

SUPPLEMENTARY INFORMATION:
    Title: Requirements for Interest Rate Reduction Refinancing Loans.
    OMB Control Number: 2900-0601.
    Type of Review: Revision of a currently approved collection.
    Abstract: Veterans may refinance an outstanding VA guaranteed, 
insured, or direct loan with a new loan at a lower interest rate 
provided that the veteran still owns the property used as security for 
the loan. The new loan will be guaranteed only if VA approves it in 
advance after determining that the borrower, through the lender, has 
provided reasons for the loan deficiency, and has provided information 
to establish that the cause of the delinquency has been corrected, and 
qualifies for the loan under the credit standard provisions.
    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 January 16, 2014, at page 2939.
    Affected Public: Business or other for profit.
    Estimated Annual Burden: 25 hours.
    Estimated Annual Burden per Respondent: 30 minutes.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 50.

    Dated: June 9, 2014.


[[Page 33994]]


    By direction of the Secretary.
Crystal Rennie,
Department Clearance Officer, Department of Veterans Affairs.
[FR Doc. 2014-13808 Filed 6-12-14; 8:45 am]
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