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View ICR - OIRA Conclusion

OMB Control No: 2900-0515	ICR Reference No: 202212-2900-001
Status: Historical Active	Previous ICR Reference No: 202205-2900-004
Agency/Subagency: VA	Agency Tracking No: VBA-LGY-NK
Title: Loan Guaranty - Maintenance of Loan Records, Elimination of Reference to HUD MPS (HUD Handbook 4900.1) (38 CFR 36.4215 and 36.4330)
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/12/2022
	Date Received in OIRA: 12/06/2022
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2025	09/30/2025	09/30/2025
Responses	1,385,000	0	1,385,000
Time Burden (Hours)	14,983	0	14,983
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	1,385,000	1,385,000
Annual Time Burden (Hours)	14,983	14,983
Annual Cost Burden (Dollars)	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 figures presented reflect current loan volumes. Burden for respondents’ submissions for post-closing loan audits will decrease with respondent adoption of the Loan Review API, however the new burden for the voluntary pre-closing API was added to increase the the burden.

Annual Cost to Federal Government: $1,901,462

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Maribel Aponte 202 266-4688 maribel.aponte@va.gov

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