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VA Loan Electronic Reporting Interface VALERI System and Title Requirements OMB Review

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Summary

The Veterans Benefits Administration has submitted to OMB a revision of its approved information collection for the VA Loan Electronic Reporting Interface (VALERI) System covering title requirements for real property conveyance to the Secretary. The revision increases estimated respondents from 16,509 to 39,744 and average burden per response from 11 to 66 minutes, raising total annual burden from 3,027 to 43,751 hours. The update reflects new statutory authorities under Public Law 119-31 (VA Home Loan Program Reform Act) supporting expanded Loss Mitigation and Partial Claim activities while removing expired COVID-19 program data elements.

“The information collection for the VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary is used by VA in cases where loss mitigation efforts are unsuccessful and a VA-guaranteed loan goes into foreclosure.”

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GovPing monitors FR: Veterans Affairs Department for new government & legislation regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 34 changes logged to date.

What changed

The Veterans Benefits Administration is revising OMB Control No. 2900-0021, the VA Loan Electronic Reporting Interface (VALERI) System information collection. The revision implements new authorities under Public Law 119-31 (VA Home Loan Program Reform Act) requiring additional data elements and documentation through VALERI for expanded Loss Mitigation and Partial Claim activities. Respondent count nearly triples from 16,509 to 39,744, while average burden per response increases from 11 to 66 minutes, resulting in estimated annual burden of 43,751 hours. Simultaneously, VA removed data elements for the Veteran Assistance Servicing Purchase (VASP) Program and COVID-19 related programs (COVID-VAPCP and COVID-19 Refund Modification) due to program wind-down and expiration of COVID authorities.

Lenders and loan servicers holding VA-guaranteed mortgages should prepare for increased reporting requirements through the VALERI system. Those previously using the VASP or COVID-VAPCP programs should confirm these data collection channels are no longer active and transition to updated Loss Mitigation workflows aligned with the new statutory authorities.

Archived snapshot

Apr 25, 2026

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Notice

You may be interested in this older document that published on 02/17/2026 with action 'Notice.' View Document

Agency Information Collection Activity: VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary

A Notice by the Veterans Affairs Department on 04/27/2026

  • This document has a comment period that ends in 32 days.
    (05/27/2026) View Comment Instructions

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  • Public Inspection Published Document: 2026-08166 (91 FR 22586) Document Headings ###### Department of Veterans Affairs
  1. [OMB Control No. 2900-0021]

AGENCY:

Veterans Benefits Administration, Department of Veterans Affairs.

ACTION:

Notice.

SUMMARY:

In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden and it includes the actual data collection instrument.

DATES:

Comments and recommendations for the proposed information collection should be sent by May 27, 2026.

ADDRESSES:

To submit comments and recommendations for the proposed information collection, please type the following link into your browser: www.reginfo.gov/​public/​do/​PRAMain, select “Currently under Review—Open for Public Comments”, then search the list for the information collection by Title or “OMB Control No. 2900-0021.”

FOR FURTHER INFORMATION CONTACT:

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

SUPPLEMENTARY INFORMATION:

Title: VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary.

OMB Control Number: 2900-0021 https://www.reginfo.gov/​public/​do/​PRASearch.

Type of Review: Revision of a Currently Approved Collection.

Abstract: The information collection for the VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary is used by VA in cases where loss mitigation efforts are unsuccessful and a VA-guaranteed loan goes into foreclosure. Statutory requirements for conveyance of properties to the Secretary are found in chapter 37 of title 38, United States Code. The implementation regulations are found in part 36 of title 38, Code of Federal Regulations (CFR). In 38 CFR 36.4323, titled “Election to convey security”, VA explains that each conveyance or transfer of real property to the Secretary pursuant to this section shall be acceptable if: The holder thereby covenants or warrants against the acts of the holder and those claiming under the holder (e.g., by special warranty deed); and It vests in the Secretary or will entitle the Secretary to such title as is or would be acceptable to prudent lending institutions, informed buyers, title companies, and attorneys, generally, in the community in which the property is situated. In addition, Public Law 119-31, the VA Home Loan Program Reform Act (July 30, 2025) provides statutory authority supporting expanded Loss Mitigation and Partial Claim activities. The collection has been updated to implement these authorities; VA requires the collection of additional data elements and documentation through the VALERI system to align with newly enacted statutory requirements. As a result, the estimated annual burden hours have increased since the last OMB approval. The updates increased the number of respondents (from 16,509 to 39,744) and the estimated time per response (from 11 minutes to 66 minutes). As a result, the total annual burden hours increased from 3,027 hours to 43,751 hours. This increase is partially offset by the removal of Veteran Assistance Servicing Purchase (VASP) and COVID-19 related collection elements. The VASP Program data elements were removed from the VALERI Events Upload Template due to program wind-down. Additionally, data elements associated with COVID-19 Veterans Assistance Partial Claim Program (COVID-VAPCP) and COVID-19 Refund Modification were removed from the VALERI Events Upload Template due to expiration of the COVID-related authorities. These data elements are no longer required as VA has discontinued both programs.

An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period soliciting comments on this collection of information was published at insert citation date 91 FR 7386, February 17, 2026.

Affected Public: Individuals or Households.

Estimated Annual Burden: 43,751 hours annually. ( printed page 22587)

Estimated Average Burden per Respondent: 66 Minutes.

Frequency of Response: One-time.

Estimated Number of Respondents: 39,744.

(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. 2026-08166 Filed 4-24-26; 8:45 am]

BILLING CODE 8320-01-P

Published Document: 2026-08166 (91 FR 22586)

CFR references

38 CFR 36.4323

Named provisions

Election to convey security

Citations

38 U.S.C. 3701 statutory authority for conveyance requirements
38 CFR 36.4323 election to convey security regulation
Public Law 119-31 VA Home Loan Program Reform Act authority
44 U.S.C. 3501 Paperwork Reduction Act authority

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Last updated

Classification

Agency
Veterans Affairs Department
Published
April 27th, 2026
Comment period closes
May 27th, 2026 (30 days)
Compliance deadline
May 27th, 2026 (30 days)
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
91 FR 22586 / OMB Control No. 2900-0021
Docket
OMB Control No. 2900-0021

Who this affects

Applies to
Banks
Industry sector
5221 Commercial Banking
Activity scope
Loan servicing Foreclosure processing Loss mitigation
Geographic scope
United States US

Taxonomy

Primary area
Banking
Operational domain
Compliance
Compliance frameworks
Dodd-Frank
Topics
Financial Services Healthcare

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