OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Loan Guaranty: Requirements for Interest Rate Reduction Refinancing Loans

ICR 200801-2900-005 · OMB 2900-0601 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
2900-AI92- correction.pdf Supplementary Document Uploaded 2008-05-06 Available
2900-0601 justification.doc Supporting Statement A Uploaded 2008-05-06 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
28842 Loan Guaranty: Requirements for Interest Rate Reduction Refinancing Loans Modified
ICR Details
2900-0601 200801-2900-005
Historical Active 200503-2900-011
VA 2900-0601
Loan Guaranty: Requirements for Interest Rate Reduction Refinancing Loans
Extension without change of a currently approved collection   No
Regular
Approved without change 06/12/2008
Retrieve Notice of Action (NOA) 05/06/2008
  Inventory as of this Action Requested Previously Approved
06/30/2011 36 Months From Approved 06/30/2008
50 0 78
25 0 39
0 0 0
VA is authorized to guarantee loans to veterans to refinance existing mortgage loans previously guaranteed by VA provided the veteran still owns the property used as security for the loan. Under these regulations, VA requires that the lender provide VA with the credit information to assure itself that interest rate reduction refinancing loans to refinance delinquent loans are undertaken in a reasonable and prudent manner.
US Code: 38 USC 3710 Name of Law: Purchase or construction of homes
  
None
2900-AI92 Final or interim final rulemaking 63 FR 106 06/03/1998
  73 FR 24 02/05/2008
73 FR 82 04/28/2008
No
1
IC Title Form No. Form Name
Loan Guaranty: Requirements for Interest Rate Reduction Refinancing Loans
  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 50 78 0 0 -28 0
Annual Time Burden (Hours) 25 39 0 0 -14 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The decrease in burden hours is due to a reduction in the number of loans being made by program participants.
$635
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Denise McLamb 202-565-8374 [email protected]
  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.
05/06/2008