What needs to be done if the submission status is “Rejected”?
A26. A submission has been rejected so that the data can be edited. A submission is rejected for various reasons and a letter will be sent via certified mail to the lender’s address of record outlining the reasons for rejection. The lender has 30 days from receipt of the letter to correct the submission via LASS. See user guide chapter 5.14 “Responding to a Rejected Submission” of the LASS User Manual for step-by-step instruction on how to assign roles and access to LASS. (Please note that lenders who received a notice of violation due to late filing of their submission will NOT receive an additional notice of violation if their submission rejected. Lenders should check their status periodically via the LASS inbox until the status reads “Audit Accepted”.
A26. A submission has been rejected so that the data can be edited. A submission is rejected for various reasons and a letter will be sent via certified mail to the lender’s address of record outlining the reasons for rejection. The lender has 30 days from receipt of the letter to correct the submission via LASS. See user guide chapter 5.14 “Responding to a Rejected Submission” of the LASS User Manual for step-by-step instruction on how to assign roles and access to LASS. (Please note that lenders who received a notice of violation due to late filing of their submission will NOT receive an additional notice of violation if their submission rejected.
