VA Notice on Loan Account Foreclosure Information Collection

Regs.gov: Department of Veterans Affairs

Published March 11th, 2026

Detected March 15th, 2026

Summary

The Department of Veterans Affairs (VA) is seeking public comment on the proposed collection of information related to VA Form 26-0971, Status of Loan Account—Foreclosure or Other Liquidation. This notice is part of the process for extending an existing information collection under the Paperwork Reduction Act.

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What changed

The Department of Veterans Affairs (VA) has issued a notice announcing an opportunity for public comment on the proposed extension of an information collection, specifically VA Form 26-0971, which is used when a loan holder requests VA to repurchase a loan under 38 CFR 36. The agency is seeking feedback on the necessity, accuracy, utility, and clarity of the information collected, as well as ways to minimize respondent burden. This action is part of the standard process under the Paperwork Reduction Act (PRA) for obtaining approval from the Office of Management and Budget (OMB) for information collections.

Regulated entities, particularly those involved in loan servicing and repurchase requests with the VA, should review the proposed collection and submit comments by May 11, 2026. While this is a notice for public comment and not a final rule, understanding the information requirements and potential for future changes is important for compliance. The estimated annual burden for this collection is minimal, at 5 hours total, with an average of 30 minutes per respondent for the estimated 10 annual respondents.

What to do next

Review VA Form 26-0971 and associated PRA documentation.
Submit comments on the proposed information collection by May 11, 2026, via www.regulations.gov.

Source document (simplified)

Content

ACTION:

Notice.

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 extension of a currently approved collection,
and allow 60 days for public comment in response to the notice.

DATES:

Written comments and recommendations on the proposed collection of information should be received on or before May 11, 2026.

ADDRESSES:

Comments must be submitted through www.regulations.gov.

FOR FURTHER INFORMATION CONTACT:

Program-Specific information: Kendra McCleave, 202-461-9760, Kendra. McCleave@va.gov.

VA PRA information: Dorothy Glasgow, 202-461-1084, VAPRA@va.gov.

SUPPLEMENTARY INFORMATION:

Under the PRA of 1995, Federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection
of information they conduct or sponsor. This request for comment is being made pursuant to Section 3506(c)(2)(A) of the PRA.

With respect to the following collection of information, VBA invites comments on: (1) whether the proposed collection of information
is necessary for the proper performance of VBA's functions, including whether the information will have practical utility;
(2) the accuracy of VBA's estimate of the burden of the proposed collection of information; (3) ways to enhance the quality,
utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information
on respondents, including through the use of automated collection techniques or the use of other forms of information technology.

Title: Status of Loan Account—Foreclosure or Other Liquidation (VA Form 26-0971).

OMB Control Number: 2900-0851. https://www.reginfo.gov/public/do/PRASearch (Once at this link, you can enter the OMB Control Number to find the historical versions of this Information Collection).

Type of Review: Extension Without Change of a Currently Approved Collection.

Abstract: VA Form 26-0971, The Status of Loan Account—Foreclosure or

  other Liquidation, is used in connection with a holder's request for VA to repurchase a loan under 38 CFR 36. The holder of
  a delinquent vendee account is legally entitled to repurchase of the loan by VA when the loan has been continuously in default
  for three months and the amount of the delinquency equals or exceeds the sum of two monthly installments. VA collects the
  required information electronically and through VA Form 26-0971.

Affected Public: Individuals and households.

Estimated Annual Burden: 5 hours.

Estimated Average Burden per Respondent: 30 minutes.

Frequency of Response: One time.

Estimated Number of Respondents: 10 per annual.

Authority: 44 U.S.C. 3501 et seq.

Shunda Willis, Alternate, VA PRA Clearance Officer, Office of Information Technology/Data Governance Analytics, Department of Veterans Affairs. [FR Doc. 2026-04821 Filed 3-11-26; 8:45 am] BILLING CODE 8320-01-P