NonSupervised Lender Shutting Down Operations

ID Status Date Public/Private Industry AHACPA Contact
#11690 Closed public FHA Lender Les Sparks
Customer Reply

Hello,

Our client, who is a Non-Supervised Lender – is closing down operations at the end of 2019.  I have found on FHA Connect that they should submit a request for a voluntary withdrawal through LEAP.  Is there anything else they need to do?  I’m assuming they do not need to submit the audit for 2019?

 

Thanks for your assistance!

Kay See kay@yournevadacpa.com

Les Sparks

Kay See, you are correct in that they should withdraw.  They do not need an audit for 2019 as that audit is for the net worth calculation is for the 2020 approval.

 

Les Sparks

AHACPA

(801) 547-0809

 

From: AHACPA Support <support@ahacpa.org>
Sent: Monday, September 2, 2019 11:38 AM
To: les@ahacpa.org
Subject: NonSupervised Lender Shutting Down Operations [NEW]

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