The Veterans Benefits Administration (VBA), part of the Department of Veterans Affairs, is seeking public comments on a proposed information collection under the Paperwork Reduction Act of 1995. This collection is related to the VA Loan Guaranty program, which helps veterans purchase, construct, and refinance homes. The VBA is asking for feedback on whether this data collection is necessary, its potential impact, and how to reduce respondent burden. Comments should be submitted by April 27, 2021, and the collection affects individuals involved in loan servicing, with an estimated annual burden of 63 hours.
Simple Explanation
The Veterans Affairs Department wants people's thoughts on some new questions they want to ask veterans who take out loans to buy or fix their homes. They want to make sure these questions are really necessary and not too hard to answer.