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[Federal Register Volume 87, Number 94 (Monday, May 16, 2022)]
[Notices]
[Pages 29786-29787]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10477]

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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-XXXX]

Agency Information Collection Activity: Guaranteed or Insured 
Loan Reporting Requirements

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 Loan Guaranty Service, 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-XXXX''.

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-XXXX'' in any correspondence.

SUPPLEMENTARY INFORMATION:
    Authority: 38 CFR 36.4303.
    Title: Guaranteed or Insured Loan Reporting Requirements.
    OMB Control Number: 2900-XXXX.
    Type of Review: New Collection.
    Abstract: This information collection package seeks OMB approval of 
information collection requirements currently found in VA regulations, 
but that do not appear to have previously been approved by OMB. VA 
statute requires lenders to report a guaranteed or insured loan to VA 
in such detail as

[[Page 29787]]

the Secretary may prescribe. 38 U.S.C. 3702(c). In cases where the loan 
is guaranteed, the Secretary shall provide the lender with a loan 
guaranty certificate or other evidence of the guaranty. Regulations 
codified at 38 CFR 36.4303 detail the requirements of lenders to report 
loans to VA in order to obtain evidence of the guaranty.
    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 87 FR 46 on March 9, 2022, pages 13371 and 
13372.
    Affected Public: Individuals and households.
    Estimated Annual Burden: 67,452 hours.
    Estimated Average Burden per Respondent: 4.8 minutes.
    Frequency of Response: One-time.
    Estimated Number of Respondents: 843,150.

    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. 2022-10477 Filed 5-13-22; 8:45 am]
BILLING CODE 8320-01-P
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