FHA-approved lenders will be required to submit audited annual financial statements to FHA — something many must already do for regulators, Fannie and Freddie, or their own investors. Other rule changes that are subject to a public comment period and will take effect at a later date include a proposal for FHA-approved lenders to assume liability for loans they originate or underwrite. The rule change — in effect transferring the risk of loans originated by mortgage brokers from FHA to lenders who fund the loans — is already the policy at Fannie Mae and Freddie Mac.