[Federal Register Volume 86, Number 218 (Tuesday, November 16, 2021)]
[Notices]
[Page 63453]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-25007]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0891]


Agency Information Collection Activity: COVID-19 Refund 
Modification

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, 
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 and 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. 2900-0891.''

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. 2900-0891'' in any correspondence.

SUPPLEMENTARY INFORMATION: 
    Authority: 38 CFR 36.4338(a).
    Title: COVID-19 Refund Modification.
    OMB Control Number: 2900-0891.
    Type of Review: Extension of a currently approved collection.
    Abstract: VA is temporarily expanding the list of loan modification 
options available to servicers that do not require VA's prior approval 
to include a new loan modification, the COVID-19 Refund Modification, 
to assist certain COVID-impacted veterans as they exit a COVID-19 
forbearance. Under 38 U.S.C. 3720(a)(2), Congress has provided the 
Secretary with discretion ``[n]otwithstanding the provisions of any 
other law'' to set the terms and conditions to which the Secretary will 
consent to loan modifications. Additionally, while VA has outlined in 
regulation at 38 CFR 36.4315(a) the terms of loan modifications that do 
not require prior VA approval, VA may waive a regulatory requirement if 
VA finds the interest of the Government are not adversely affected and 
such waiver would relieve undue prejudice to a debtor, holder, or other 
person without impairing the vest rights of any person affected. 38 CFR 
36.4338(a).
    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 50210 on September 7, 2021, pages 
50210 and 50211.
    Affected Public: Individuals or Households.
    Estimated Annual Burden: 25,800.
    Estimated Average Burden per Respondent: 90 minutes.
    Frequency of Response: One time.
    Estimated Number of Respondents: 17,200.

    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. 2021-25007 Filed 11-15-21; 8:45 am]
BILLING CODE 8320-01-P