Loan Service Report

ICR 201005-2900-011

OMB: 2900-0249

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2010-06-17
IC Document Collections
IC ID
Document
Title
Status
28486 Modified
ICR Details
2900-0249 201005-2900-011
Historical Active 200708-2900-015
VA 2900-0249
Loan Service Report
Extension without change of a currently approved collection   No
Regular
Approved without change 12/20/2010
Retrieve Notice of Action (NOA) 09/17/2010
  Inventory as of this Action Requested Previously Approved
12/31/2013 36 Months From Approved 12/31/2010
10,000 0 15,000
4,167 0 6,250
0 0 0

The form is used by VA to service delinquent guaranteed and insured home loans and loans sold under 38 CFR 36.4600.

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

Not associated with rulemaking

  75 FR 114 06/15/2010
75 FR 163 08/24/2010
Yes

1
IC Title Form No. Form Name
Loan Service Report VA Form 26-6808 Loan Service Report

  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 10,000 15,000 0 0 -5,000 0
Annual Time Burden (Hours) 4,167 6,250 0 0 -2,083 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Using Information Technology
Use of improved information technology in gathering this information has been employed in VA’s Loan Electronic Reporting Interface (VALERI) system. That data is still captured via telephone interview, but the system guides the LSR through the items needing review. However, the form is still used when telephone contact cannot be made or the borrower does not have time to provide the information over the telephone and requests a written document for completion. The reduction in cases is due to two reasons. There are fewer defaults being reported to VA, thus fewer interviews are needed

$104,342
No
No
No
No
No
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.
09/17/2010


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