[Federal Register Volume 86, Number 142 (Wednesday, July 28, 2021)]
[Notices]
[Pages 40679-40680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-15981]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0045]


Agency Information Collection Activity: VA Request for 
Determination of Reasonable Value

AGENCY: Veterans Benefits Administration, Department of Veterans 
Affairs.

ACTION: Notice.

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SUMMARY: Veterans Benefits Administration, 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.

DATES: Written comments and recommendations on the proposed collection 
of information should be received on or before September 27, 2021.

ADDRESSES: Submit written comments on the collection of information 
through Federal Docket Management System (FDMS) at www.Regulations.gov 
or to Nancy J. Kessinger, Veterans Benefits Administration (20M33), 
Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 
20420 or email to [email protected]. Please refer to ``OMB Control 
No. 2900-0045'' in any correspondence. During the comment period, 
comments may be viewed online through the FDMS.

FOR FURTHER INFORMATION CONTACT: Maribel Aponte, Office of Enterprise 
and Integration, Data Governance Analytics (008), 1717 H Street NW, 
Washington, DC 20006, (202) 266-4688 or email [email protected]. 
Please refer to ``OMB Control No. 2900-0045'' in any correspondence.

SUPPLEMENTARY INFORMATION: Under the PRA of 1995, 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.
    Authority: Public Law 104-13; 44 U.S.C. 3501-21.
    Title: VA Request for Determination of Reasonable Value (VA Forms 
26-1805, and 26-1805-1).
    OMB Control Number: 2900-0045.
    Type of Review: Revision of a currently approved collection.
    Abstract: VA utilizes Form 26-1805 (paper form) and 26-1805-1 
(digital form) for lenders to request an appraisal and assign an 
appraiser (i.e., ``ordering'' an appraisal), which ultimately provides 
the appraiser with the authority to be on the property to conduct the 
appraisal (i.e., an engagement letter). This information collection 
request seeks to expand this data collection clearance to encompass a 
modernized, end-to-end appraisal management process. Under this revised 
ICR, VA will not only capture information from lenders around when an 
appraisal has been ordered (current VA Form 26-1805), but will also 
capture information and workflow associated with the assignment, 
scheduling, and review of an appraisal by VA or a lender. This new 
process will be consistent with the rest of the mortgage industry, and 
will align VA's appraisal process with the industry standard.
    Affected Public: Individuals or households.
    Estimated Annual Burden: 585,000 hours.
    Estimated Average Burden per Respondent: 57 minutes.
    Frequency of Response: One-time.
    Estimated Number of Respondents: 650,000.


[[Page 40680]]


    By direction of the Secretary.
Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data 
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2021-15981 Filed 7-27-21; 8:45 am]
BILLING CODE 8320-01-P