Notice of Default; Notice of Default & Intention to Foreclose: Notice of Intention to Foreclose

Forms and Documents

Document Name	Status
Form 26-6850 Notice of Default; Notice of Default & Intention to Foreclose: Notice of Intention to Foreclose Form	Modified
omb 26-6850.etal doc.doc Supporting Statement A	2007-07-02

IC Document Collections

IC ID	Document Title	Status
28116	Notice of Default; Notice of Default & Intention to Foreclose: Notice of Intention to Foreclose Form	Modified

ICR Details

OMB Control No: 2900-0021	ICR Reference No: 200707-2900-001
Status: Historical Active	Previous ICR Reference No: 200404-2900-001
Agency/Subagency: VA	Agency Tracking No: 2900-0021
Title: Notice of Default; Notice of Default & Intention to Foreclose: Notice of Intention to Foreclose
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/10/2007
	Date Received in OIRA: 07/02/2007
Terms of Clearance: Approved consistent with the following terms of clearance: in the next submission of this collection to OMB for review VA will report on Dept efforts to provide a fully electronic format for the completion and submission of forms.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2010	36 Months From Approved	08/31/2007
Responses	279,000	0	279,000
Time Burden (Hours)	66,166	0	66,166
Cost Burden (Dollars)	0	0	0

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Abstract: Holders report of default and notice of intention to foreclose on loans guaranteed under 38 U.S.C. 3710 and 3712 as required by 38 U.S.C. 3732. Information collected by VA is used for performing supplemental servicing, determination on forebearance, foreclosure, protection of property and initiation of claim payment.

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Authorizing Statute(s): US Code: 38 USC 3710 Name of Law: Purchase or construction of homes
   US Code: 38 USC 3712 Name of Law: Loans to purchase manufactured homes and lots
   US Code: 38 USC 3732 Name of Law: Procedure on default
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 62	04/02/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 117	06/19/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Notice of Default; Notice of Default & Intention to Foreclose: Notice of Intention to Foreclose	26-6850, 26-6850A, 26-6851	Notice of Default ,   Notice of Default and Intention to Foreclose ,   Notice of Intention to Foreclose

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	279,000	279,000	0	0	0	0
Annual Time Burden (Hours)	66,166	66,166	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $1,566,149

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 07/02/2007

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