OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

VA LOAN ELECTRONIC REPORTING INTERFACE (VALERI) SYSTEM and TITLE REQUIREMENTS FOR CONVEYANCE OF REAL PROPERTY TO THE SECRETARY

ICR 202409-2900-002 · OMB 2900-0021 · Received in OIRA

Forms and Documents
DocumentTypeStatusAvailability
Bulk Upload Template ICR Non Substantive Change 8.29.24.docx Justification for No Material/Nonsubstantive Change Uploaded 2024-09-03 Repair queued
2022-14909.pdf Supplementary Document Uploaded 2022-07-14 Repair queued
SupportingStatement VALERI - Title Requirements for Conveyance Response 4-28-2022 - v8.docx Supporting Statement A Uploaded 2022-06-22 Missing upstream
60-day FRN.pdf Supplementary Document Uploaded 2022-05-10 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
28116 VA Loan Electronic Reporting Interface (VALERI) System Other-System Modified
ICR Details
2900-0021 202409-2900-002
Received in OIRA 202205-2900-001
VA VBA-LGY-NK
VA LOAN ELECTRONIC REPORTING INTERFACE (VALERI) SYSTEM and TITLE REQUIREMENTS FOR CONVEYANCE OF REAL PROPERTY TO THE SECRETARY
No material or nonsubstantive change to a currently approved collection   No
Regular 09/04/2024
  Requested Previously Approved
08/31/2025 08/31/2025
16,509 16,509
3,027 3,027
0 0
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. VA is submitting this modification to address information collection in the event loss mitigation efforts are unsuccessful and a VA-guaranteed loan goes into foreclosure.
US Code: 38 USC 3732 Name of Law: Procedure on default
   US Code: 38 USC 3710 Name of Law: Purchase or construction of homes
   US Code: 38 USC 3712 Name of Law: Loans to purchase manufactured homes and lots
  
None
Not associated with rulemaking
  87 FR 27700 05/09/2022
87 FR 14909 07/13/2022
No
1
IC Title Form No. Form Name
VA Loan Electronic Reporting Interface (VALERI) System VA Form 26-1874a, VA Form 26-1874, VA Form 26-6850a, VA Form 26-8778, VA Form 26-6850, VA Form 26-6851, VA Form 26-8903, VA Form 26-8802 Claim Form Addendum - Adjustable Rate Mortgages ,   Notice of Default ,   Notice of Default and Intention to Foreclose ,   Notice of Intention to Foreclose ,   Present Status of Loan ,   Notice for Election to Convey and/or Invoice for Transfer of Property ,   VA Foreclosure Sale Letter ,   Claim Under Loan Guaranty
  Total Request 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 16,509 16,509 0 0 0 0
Annual Time Burden (Hours) 3,027 3,027 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase is due to the addition of the information collection for title documentation to the previously approved collection.
$417,949
No
    Yes
    Yes
No
No
No
No
Maribel Aponte 202 266-4688 [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.
09/04/2024