[Federal Register Volume 86, Number 189 (Monday, October 4, 2021)]
[Notices]
[Page 54799]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21507]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0045]


Agency Information Collection: VA Request for Determination of 
Reasonable Value

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, 
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: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. Refer to 
``OMB Control No. 2900-0045.

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: 
    Authority: 44 U.S.C. 3501-3521.
    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.
    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 at 86 FR 40679 on July 28, 2021, pages 40679 
and 40680.
    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.

    By direction of the Secretary.
Dorothy Glasgow,
VA PRA Clearance Officer, Alt., Office of Enterprise and Integration, 
Data Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2021-21507 Filed 10-1-21; 8:45 am]
BILLING CODE 8320-01-P