Tag: government shutdown

FHA Back to Work After Government Shutdown

Posted on October 21, 2013 by - Buying a Home, FHA Mortgage, Mortgage Tips

While the Federal Housing Administration (FHA) was not fully closed during the government shutdown, they were running on limited staff for the 16 days of uncertainty. Most FHA Lenders and Banks continued to process and fund FHA loans during this time which has created a backlog of FHA endorsements and questions from these companies. In response to undoubtedly hundreds of… Read more »

The Government Shutdown and Home Loans for Homebuyers

Posted on October 1, 2013 by - Buying a Home, FHA Mortgage, VA Loan

Buying a home can have many challenges from critical underwriters to conservative appraisers however, on the long list of things that can go wrong with a home loan you would not expect a government shutdown to be a factor. As of 12:00 AM today on October 1st, 2013 the Federal government has now shut down… Read more »