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Who is required to submit financial statements using the Lender Assessment Subsystem (LASS)?

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Who is required to submit financial statements using the Lender Assessment Subsystem (LASS)?

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A1. HUD-approved Title I and Title II nonsupervised lenders, nonsupervised mortgages, and nonsupervised loan correspondents (collectively referred to as “lenders”) with fiscal years ending on or after September 30, 2002.

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A1. HUD-approved Title I and Title II nonsupervisd and supervised lenders and mortgagees (collectively referred to as “lenders”) with fiscal years ending on or after September 30, 2002.

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