OMB is approving this information collection request for a period of three years during which time the agency will request approval to extend or revise the collection if the agency seeks to continue the information collection activity beyond the period approved under this action.
Inventory as of this Action
Requested
Previously Approved
12/31/2028
36 Months From Approved
11/30/2025
16,509
0
16,509
3,027
0
3,027
0
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 servicersâ actions by collecting specific documentation and data. In todayâs environment, this collection is done via the VALERI application. VA is submitting this package 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
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.