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View ICR - OIRA Conclusion

OMB Control No: 2900-0386	ICR Reference No: 200811-2900-014
Status: Historical Active	Previous ICR Reference No: 200604-2900-001
Agency/Subagency: VA	Agency Tracking No: 2900-0386
Title: Interest Rate Reduction Refinancing Loan Worksheet
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/19/2009
	Date Received in OIRA: 06/02/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2012	36 Months From Approved	08/31/2009
Responses	30,000	0	40,000
Time Burden (Hours)	5,000	0	6,667
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	30,000	40,000	-10,000
Annual Time Burden (Hours)	5,000	6,667	-1,667
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The decrease in burden hours is a result of interest rates being low for an extended period of time. This has caused the large pool of high interest rate loans that existed in the past to shrink dramatically.

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