942 Federal Register / Vol. 70, No. 3 / Wednesday, January 5, 2005 / Notices 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0047] 

Proposed Information Collection 

Activity: Proposed Collection; 

Comment Request

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs.

ACTION: Notice.

SUMMARY: The Veterans Benefits 

Administration (VBA), 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. This 

notice solicits comments for information 

needed to determine veteran-obligors’

and prospective assumers’

creditworthiness.

DATES: Written comments and 

recommendations on the proposed 

collection of information should be 

received on or before March 7, 2005.

ADDRESSES: Submit written comments 

on the collection of information to 

Nancy J. Kessinger, Veterans Benefits 

Administration (20M35), Department of 

Veterans Affairs, 810 Vermont Avenue, 

NW., Washington, DC 20420 or e-mail 

irmnkess@vba.va.gov. Please refer to 

‘‘OMB Control No. 2900–0047’’ in any 

correspondence.

FOR FURTHER INFORMATION CONTACT:

Nancy J. Kessinger at (202) 273–7079 or 

Fax (202) 275–5947.

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995 (Pub. L. 104–13; 44 U.S.C. 

3501–3521), 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. 

Title: Financial Statement, VA Form 

26–6807. 

OMB Control Number: 2900–0047. 

Type of Review: Extension of a 

currently approved collection. 

Abstract: The data collected on VA 

Form 26–6807 is used to determine 

release of liability and substitution of 

entitlement cases. VA may release 

original veteran obligors from personal 

liability arising from the original 

guaranty of their home loan, or the 

making of a direct loan, provided the 

purchasers/assumers meet the 

creditworthiness requirements. It is also 

used to determine a borrower’s financial 

condition in connection with efforts to 

reinstate a seriously defaulted 

guaranteed, insured, or portfolio loan, 

and to determine homeowners 

eligibility for aid under the 

Homeowners Assistance Program which 

provides assistance by reducing losses 

incident to the disposal of homes when 

military installations at which the 

homeowners were employed or serving 

are ordered closed. 

Affected Public: Individuals or 

households. 

Estimated Annual Burden: 7,500 

hours. 

Estimated Average Burden Per 

Respondent: 45 minutes. 

Frequency of Response: On occasion. 

Estimated Number of Respondents:

10,000.

Dated: December 20, 2004.

By direction of the Secretary. 

Loise Russell, 

Director, Records Management Service.

[FR Doc. 05–208 Filed 1–4–05; 8:45 am] 

BILLING CODE 8320–01–P