Status of Loan Account - Foreclosure or Other Liquidation

ICR 200709-2900-008

OMB: 2900-0130

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2008-01-08
IC Document Collections
ICR Details
2900-0130 200709-2900-008
Historical Active 200503-2900-007
VA 2900-0130
Status of Loan Account - Foreclosure or Other Liquidation
Extension without change of a currently approved collection   No
Regular
Approved without change 03/25/2008
Retrieve Notice of Action (NOA) 01/08/2008
  Inventory as of this Action Requested Previously Approved
03/31/2011 36 Months From Approved 05/31/2008
30,000 0 40,000
15,000 0 20,000
0 0 0

This form letter is used by VA to secure information from holders regarding a loan to be foreclosed. The information is used to specify the amount, if any, to be bid at the foreclosure sale as required by 38 CFR 36.4283 and 36.4320.

US Code: 38 USC 3720 Name of Law: Powers of Secretary
   US Code: 38 USC 3732 Name of Law: Procedure on Default
  
None

Not associated with rulemaking

  72 FR 187 09/27/2007
72 FR 234 12/06/2007
No

1
IC Title Form No. Form Name
Status of Loan Account - Foreclosure or Other Liquidation 26-567 Status of Loan Account - Foreclosure or Other Liquidation

  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 30,000 40,000 0 0 -10,000 0
Annual Time Burden (Hours) 15,000 20,000 0 0 -5,000 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours is the result of fewer loans approaching foreclosure due to improved Foreclosure Avoidance Through Servicing (FATS)by VA Loan Service Representatives.

$121,450
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Denise McLamb 202-565-8374 denise.mclamb@mail.va.gov

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
01/08/2008


© 2024 OMB.report | Privacy Policy