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03/12/2026 | Press release | Distributed by Public on 03/12/2026 07:44
Agency Information Collection Activities; Proposals, Submissions, and Approvals: Status of Loan Account—Foreclosure or Other Liquidation [FR Doc No: 2026-04821; OMB Control No.[...]
DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0851]
Agency Information Collection Activity: Status of Loan Account-Foreclosure or Other Liquidation
AGENCY:
Veterans Benefits Administration, Department of Veterans Affairs.
ACTION:
Notice.
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:
Written comments and recommendations on the proposed collection of information should be received on or before May 11, 2026.
ADDRESSES:
Comments must be submitted through www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Program-Specific information: Kendra McCleave, 202-461-9760, Kendra. [email protected].
VA PRA information: Dorothy Glasgow, 202-461-1084, [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: Status of Loan Account-Foreclosure or Other Liquidation (VA Form 26-0971).
OMB Control Number: 2900-0851. https://www.reginfo.gov/public/do/PRASearch (Once at this link, you can enter the OMB Control Number to find the historical versions of this Information Collection).
Type of Review: Extension Without Change of a Currently Approved Collection.
Abstract: VA Form 26-0971, The Status of Loan Account-Foreclosure or other Liquidation, is used in connection with a holder's request for VA to repurchase a loan under 38 CFR 36. The holder of a delinquent vendee account is legally entitled to repurchase of the loan by VA when the loan has been continuously in default for three months and the amount of the delinquency equals or exceeds the sum of two monthly installments. VA collects the required information electronically and through VA Form 26-0971.
Affected Public: Individuals and households.
Estimated Annual Burden: 5 hours.
Estimated Average Burden per Respondent: 30 minutes.
Frequency of Response: One time.
Estimated Number of Respondents: 10 per annual.
Authority: 44 U.S.C. 3501 et seq.
Shunda Willis,
Alternate, VA PRA Clearance Officer, Office of Information Technology/Data Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2026-04821 Filed 3-11-26; 8:45 am]
BILLING CODE 8320-01-P
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