Agency Information Collection Activity: Interest Rate Reduction Refinancing Loan Worksheet
| Published date | 16 July 2024 |
| Record Number | 2024-15550 |
| Citation | 89 FR 57994 |
| Court | Veterans Affairs Department |
| Section | Notices |
Federal Register, Volume 89 Issue 136 (Tuesday, July 16, 2024)
[Federal Register Volume 89, Number 136 (Tuesday, July 16, 2024)]
[Notices]
[Pages 57994-57995]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15550]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0386]
Agency Information Collection Activity: Interest Rate Reduction
Refinancing Loan Worksheet
AGENCY: Veterans Benefits Administration (VBA), Department of Veterans
Affairs.
[[Page 57995]]
ACTION: Notice.
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SUMMARY: 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 extension of a
currently approved collection, and allow 60 days for public comment in
response to the notice.
DATES: Comments must be received on or before September 16, 2024.
ADDRESSES: Comments must be submitted through www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Program-Specific information: Nancy J. Kessinger, 202-632-8924,
[email protected].
VA PRA information: Maribel Aponte, 202-461-8900,
[email protected].
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.
Title: Agency Information Collection Activity: Interest Rate
Reduction Refinancing Loan Worksheet VA Form 26-8923.
OMB Control Number: 2900-0386 https://www.reginfo.gov/public/do/PRASearch.
Type of Review: Extension of a currently approved collection.
Abstract: VA Form 26-8923 is used to determine Veterans eligible
for an exception to pay a funding fee in connection with a VA-
guaranteed loan. Lenders are required to complete the form on all
interest rate reduction refinancing loans and submit the form to the
Veteran no later than the third business day after receiving the
Veteran's application.
Affected Public: Individuals and Lenders.
Estimated Annual Burden: 86,647 hours.
Estimated Average Burden per Respondent: 30 minutes.
Frequency of Response: One Time.
Estimated Number of Respondents: 173,293.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer, Office of Enterprise and Integration/Data
Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2024-15550 Filed 7-15-24; 8:45 am]
BILLING CODE 8320-01-P
