Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan

ICR 201112-2900-002

OMB: 2900-0110

Federal Form Document

ICR Details
2900-0110 201112-2900-002
Historical Active 200901-2900-005
VA 2900-0110
Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan
Extension without change of a currently approved collection   No
Regular
Approved without change 06/19/2012
Retrieve Notice of Action (NOA) 03/15/2012
  Inventory as of this Action Requested Previously Approved
06/30/2015 36 Months From Approved 06/30/2012
250 0 250
42 0 42
0 0 0

Application required by 38 U.S.C. 3713(a), 3714 and 3702(b)(2) for determinations necessary for release of liability and substitution of entitlement of veteran-sellers to the government on GI and direct loans. Information enables Loan Service Representatives to be able to process the veteran's request and make a final determination of approval or disapproval.

US Code: 38 USC 3714 Name of Law: Assumptions; Release From Liability
   US Code: 38 USC 3713 Name of Law: Release From Liability Under Guaranty
   US Code: 38 USC 3702 Name of Law: Basic Entitlement
  
None

Not associated with rulemaking

  77 FR 2 01/04/2012
77 FR 50 03/14/2012
No

  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 250 250 0 0 0 0
Annual Time Burden (Hours) 42 42 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$1,135
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.
03/15/2012


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