60-Day FRN

2023-23496.pdf

Loan Guaranty - Maintenance of Loan Records, Elimination of Reference to HUD MPS (HUD Handbook 4900.1) (38 CFR 36.4215 and 36.4330)

60-Day FRN

OMB: 2900-0515

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Federal Register / Vol. 88, No. 205 / Wednesday, October 25, 2023 / Notices
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0515]

Agency Information Collection
Activity: Maintenance of Records
Veterans Benefits
Administration (VBA), Department of
Veterans Affairs.
ACTION: Notice.
AGENCY:

Veterans Benefits
Administration, Department of Veterans
Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
revision of a currently approved
collection, and allow 60 days for public
comment in response to the notice.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before December 26,
2023.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue
NW, Washington, DC 20420 or email to
nancy.kessinger@va.gov Please refer to
‘‘OMB Control No. 2900–0515’’ in any
correspondence. During the comment

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period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Maribel Aponte, Office of Enterprise
and Integration, Data Governance
Analytics (008), 1717 H Street NW,
Washington, DC 20006, (202) 266–4688
or email maribel.aponte@va.gov. Please
refer to ‘‘OMB Control No. 2900–0515’’
in any correspondence.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Authority: 38 CFR 36.4317.
Title: Maintenance of Records Under
38 CFR 36.4333.
OMB Control Number: 2900–0515.
Type of Review: Revision of a
currently approved collection.

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Abstract: VA is submitting this
revised information collection in
advance of implementing new
technology and oversight procedures in
which VA will collect from lenders
certain loan origination information via
a computable electronic format.
The information collected under
§ 36.4333 is used by VA to ensure
lenders and servicers who participate in
VA’s Loan Guaranty program follow
statutory and regulatory requirements,
such as those relating to credit
information, loan processing
requirements, underwriting standards,
servicing requirements, and other
applicable laws, regulations and
policies. VA also uses data collected
under this authority to provide annual
feedback to lenders, through the Lender
Scorecard, on certain loan
characteristics such as interest rate, fees
and charges, audit results, etc., as
compared to the national average of all
VA lenders.
Affected Public: Private Sectors.
Estimated Annual Burden: 11,080
hours.
Estimated Average Burden per
Respondent: 0.008 hours.
Frequency of Response: 2.9 times.
Estimated Number of Respondents:
1,385,000.
By direction of the Secretary.
Maribel Aponte,
VA PRA Clearance Officer, Office of
Enterprise and Integration/Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2023–23496 Filed 10–24–23; 8:45 am]
BILLING CODE 8320–01–P

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