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Tag Archives: Shutdown

Waters Asks How Financial Industry Is Softening Shutdown Impact

Maxine Waters, Chairwoman of the House Committee on Financial Services, called on the heads of financial services industry trade associations and credit reporting agencies to describe how they are working to help consumers affected by the shutdown. Here’s more on the letter she wrote.

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HUD Addresses Questions About Shutdown Impact

As the longest government shutdown in US history continues, the Department of Housing and Urban Development has issued guidelines on the services that are still available. Here’s how the shutdown’s affecting contracts and the housing market.

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The Mortgage Market in the Potential Government Shutdown

With the federal funding running out on Friday and a potential government shutdown looming, expect to see an impact on the mortgage industry. Access to tax documents and other government paperwork may prove difficult in the event of a shutdown. CNBC noted that “non-essential” employees, such as those that process paperwork through the Internal Revenue Service, would be furloughed during a shutdown, causing roadblocks for those applying for mortgages.

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