View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 2900-0110	ICR Reference No: 200901-2900-005
Status: Historical Active	Previous ICR Reference No: 200605-2900-001
Agency/Subagency: VA	Agency Tracking No: 2900-0110
Title: Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/30/2009
	Date Received in OIRA: 05/12/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2012	36 Months From Approved	07/31/2009
Responses	250	0	3,000
Time Burden (Hours)	42	0	500
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	250	3,000	-2,750
Annual Time Burden (Hours)	42	500	-458
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 is an adjustment. The decrease represents a decrease in the number of release of liability and substitution of entitlement cases processed by VA Regional Loan Centers due to new regulations that authorize loan holders or servicers to process almost all ownership transfer requests.

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