Report Transfer of Custody Event

ICR 200809-2900-010

OMB: 2900-0381

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2008-12-17
IC Document Collections
IC ID
Document
Title
Status
28589 Modified
ICR Details
2900-0381 200809-2900-010
Historical Active 200511-2900-012
VA 2900-0381
Report Transfer of Custody Event
Extension without change of a currently approved collection   No
Regular
Approved without change 03/15/2009
Retrieve Notice of Action (NOA) 12/17/2008
  Inventory as of this Action Requested Previously Approved
03/31/2012 36 Months From Approved 03/31/2009
15,000 0 25,000
2,500 0 4,167
0 0 0

In accordance with 38 CFR 36.4320(a)(1) lenders are required to notify VA of the conveyance of a property to VA incident to foreclosure.

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

Not associated with rulemaking

  73 FR 193 10/03/2008
73 FR 241 12/15/2008
No

1
IC Title Form No. Form Name
Report Transfer of Custody Event 26-8903 Report Transfer of Custody Event

  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 15,000 25,000 0 0 -10,000 0
Annual Time Burden (Hours) 2,500 4,167 0 0 -1,667 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There is a reduction in the estimated number of burden hours, due to lower foreclosure experience over the past few years that is expected to continue with the increased focus on loss mitigation in the VALERI environment.

$63,475
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.
12/17/2008


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