🏦VA Announces Information Collection for Loan Reporting Requirements
Agency Information Collection Activity: Guaranteed or Insured Loan Reporting Requirements
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 revision of a currently approved collection, and allow 60 days for public comment in response to the notice.
Agencies
- Veterans Affairs Department
Business Impact
$$ - Med
The notice involves information collection related to guaranteed or insured loan reporting required by the Department of Veterans Affairs. This impacts businesses in the lending sector as they must comply with reporting requirements and adjust operational processes to align with updated regulations.