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Routine Notice Amended Final

VALERI System and Title Requirements for Conveyance of Real Property

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Summary

The Veterans Benefits Administration (VBA) has submitted a revision to OMB Control No. 2900-0021 for the VA Loan Electronic Reporting Interface (VALERI) System and Title Requirements for Conveyance of Real Property to the Secretary. The revision implements new statutory authorities under Public Law 119-31, the VA Home Loan Program Reform Act of July 30, 2025, expanding loss mitigation and partial claim data collection requirements. The estimated annual burden hours increased from 3,027 to 43,751 hours, with respondents increasing from 16,509 to 39,744 and average burden per response rising from 11 minutes to 66 minutes. Veterans Assistance Servicing Purchase (VASP) and COVID-19-related collection elements were removed due to program wind-down and authority expiration. Public comments are due by May 27, 2026.

“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.”

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What changed

The VBA has revised its approved information collection for the VALERI System to incorporate expanded loss mitigation and partial claim authorities enacted under Public Law 119-31. The revision adds new data elements and documentation requirements through the VALERI system while removing expired COVID-19 program elements (COVID-VAPCP and COVID-19 Refund Modification) and wind-down VASP program data. The estimated number of respondents increased significantly from 16,509 to 39,744, with per-response burden increasing from 11 minutes to 66 minutes, resulting in total annual burden hours of 43,751.

Affected parties, including VA-guaranteed loan holders, servicers, and borrowers submitting conveyance documentation through VALERI, should prepare for increased data submission requirements aligned with the new statutory authorities. The change represents an expansion of reporting obligations rather than a reduction in scope for ongoing loss mitigation activities.

Archived snapshot

Apr 28, 2026

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Content

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.

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

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CFR references

38 CFR 36.4323 38 CFR Part 36

Named provisions

Election to convey security

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Last updated

Classification

Agency
VA
Published
April 24th, 2026
Comment period closes
May 27th, 2026 (29 days)
Instrument
Notice
Branch
Executive
Joint with
OMB
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
91 FR 7386

Who this affects

Applies to
Consumers Financial advisers Government agencies
Industry sector
9211 Government & Public Administration
Activity scope
VA home loan servicing Loss mitigation documentation Real property conveyance
Geographic scope
United States US

Taxonomy

Primary area
Government Contracting
Operational domain
Regulatory Affairs
Topics
Banking Housing Financial Services

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