LEAN: Global 30-Day Extension for Filing Borrower Entity Submissions with a Due Date of 3/31/20 and 4/30/20, Through HUD’S Financial Assessment Subsystem

March 23rd, 2020

Due to possible lender business disruptions as a result of COVID-19, HUD has issued approval for a 30-day extension of all borrower entity submissions having due dates of 3/31/20 and 4/30/20, through HUD’s Financial Assessment Subsystem (FASSUB). Such financial statements with a due date of 3/31/20 will now be due on 4/30/20, and those with a due date of 4/30/20 will now be due on 5/30/20. This applies to all borrower entity FASS submissions with those due dates, both audited and unaudited.