The President has agreed to reopen the government. Click through to learn what the deal entails and how it would affect housing.
Read More »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.
Read More »Landlords Feel the Shutdown’s Strain
While they’re working with furloughed federal workers who have fallen behind on rent, here’s why landlords are beginning to feel the pinch of a continued government shutdown.
Read More »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.
Read More »FHA Calls on Lenders to Assist Federal Workers
While federal workers on furlough are falling behind on their mortgage and rent payment, here’s how potential homeowners are also getting affected by the prolonged government shutdown.
Read More »Homeowners Feel the Shutdown’s Impact
As the partial government shutdown enters its second week, its effects are not only being felt on federal agencies but also on the housing market.
Read More »Ginnie Mae and Other Mortgage Leaders React to Government Shutdown
As companies brace themselves for what a prolonged shutdown could mean, Ginnie Mae announced on Sunday that its operations will continue despite the shutdown
Read More »How Will a Government Shutdown Affect the Mortgage Industry?
The mortgage industry is likely to see some immediate and far-reaching effects if the Senate does not reach enough votes to extend the Federal Budget to February 16.
Read More »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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