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Financial Services Law Insights and Observations

Ginnie Mae extends audited financial statement deadline

Federal Issues Ginnie Mae Mortgages Mortgage Lenders Covid-19

Federal Issues

On March 25, Ginnie Mae announced that it will extend the deadline for the submission of Annual Audited Financial Statements to April 30 for lenders with a fiscal year end of December. Ginnie Mae encourages lenders to complete their Audited Annual Financial Statements—if they are able—within 90 days of the end of the lender’s fiscal year.