Agency Information Collection Activities; Proposals, Submissions, and Approvals:


Federal Register Volume 76, Number 109 (Tuesday, June 7, 2011)


Pages 33028-33029

From the Federal Register Online via the Government Printing Office []

FR Doc No: 2011-13960


OMB Control No. 2900-0601

Agency Information Collection (Requirements for Interest Rate

Reduction Refinancing Loans) Activity Under OMB Review

AGENCY: Veterans Benefits Administration, Department of Veterans


ACTION: Notice.

SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995

(44 U.S.C. 3501-3521), this notice announces that the Veterans Benefits

Administration (VBA), Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden; it includes the actual data collection instrument.

DATES: Comments must be submitted on or before July 7, 2011.

ADDRESSES: Submit written comments on the collection of information through or to VA's OMB Desk Officer, OMB

Human Resources and Housing Branch, New Executive Office Building, Room 10235, Washington, DC 20503 (202) 395-7316. Please refer to ``OMB

Control No. 2900-0601'' in any correspondence.

FOR FURTHER INFORMATION CONTACT: Denise McLamb, Enterprise Records

Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue,

NW., Washington, DC 20420, (202) 461-7485, FAX (202) 461-0966 or e-mail Please refer to ``OMB Control No. 2900-0601.''

Page 33029


Title: Requirements for Interest Rate Reduction Refinancing Loans.

OMB Control Number: 2900-0601.

Type of Review: Extension of a currently approved collection.

Abstract: Veterans may refinance an outstanding VA guaranteed, insured, or direct loan with a new loan at a lower interest rate provided that the veteran still owns the property used as security for the loan. The new loan will be guaranteed only if VA approves it in advance after determining that the borrower, through the lender, has provided reasons for the loan deficiency, and has provided information to establish that the cause of the delinquency has been corrected, and qualifies for the loan under the credit standard provisions.

An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period soliciting comments on this collection of information was published on March 18, 2011, at page 15055.

Affected Public: Business or other for profit.

Estimated Annual Burden: 25 hours.

Estimated Annual Burden per Respondent: 30 minutes.

Frequency of Response: On occasion.

Estimated Number of Respondents: 50.

Dated: June 2, 2011.

By direction of the Secretary.

Denise McLamb,

Program Analyst, Enterprise Records Service.

FR Doc. 2011-13960 Filed 6-6-11; 8:45 am