85 FR 36 pgs. 10512-10513 - Agency Information Collection Activity: VA Loan Electronic Reporting Interface (VALERI) System
Type: NOTICEVolume: 85Number: 36Pages: 10512 - 10513
Pages: 10512, 10513Docket number: [OMB Control No. 2900-0021]
FR document: [FR Doc. 2020-03541 Filed 2-21-20; 8:45 am]
Agency: Veterans Affairs Department
Official PDF Version: PDF Version
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0021]
Agency Information Collection Activity: VA Loan Electronic Reporting Interface (VALERI) System
AGENCY:
Veterans Benefits Administration, Department of Veterans Affairs.
ACTION:
Notice.
SUMMARY:
[top] The Veterans Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the
DATES:
Written comments and recommendations on the proposed collection of information should be received on or before April 24, 2020.
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. 2900-0021" in any correspondence. During the comment period, comments may be viewed online through FDMS.
FOR FURTHER INFORMATION CONTACT:
Danny S. Green, (202) 421-1354 or email Danny.Green2@va.gov. Please refer to "OMB Control No. 2900-0021" 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: Public Law 104-13; 44 U.S.C. 3501-3521.
Title: VA Loan Electronic Reporting Interface (VALERI) System.
OMB Control Number: 2900-0021.
Type of Review: Extension of a currently approved collection.
Abstract: VA provides the authority for VA-guaranteed mortgage servicers to assist veteran borrowers and their families experiencing financial difficulty. VA then provides oversight of the servicers' actions by collecting specific documentation and data. In today's environment, this collection is done via the VALERI application. Federal Regulations under 38 CFR 36.4300 require specific, critical information be provided to VA and without the collection of such documentation and data, the number of foreclosures of VA-guaranteed loans and homeless veterans would potentially increase.
Affected Public: Business or other for profit.
Estimated Annual Burden: 70 hours.
Estimated Average Burden per Respondent: 1 minute.
Frequency of Response: One time.
Estimated Number of Respondents: 967.
By direction of the Secretary.
Danny S. Green,
VA PRA Clearance Officer, Office of Quality, Performance and Risk, Department of Veterans Affairs.
[FR Doc. 2020-03541 Filed 2-21-20; 8:45 am]
BILLING CODE 8320-01-P