Archives For: government shutdown
Senate Expected to Pass Bill to End Shutdown
The Hill published a report announcing a pending short-term agreement that would fund the federal government until February 15, 2019.
25 Jan 2019
Mortgage Industry Chief Gets Some Federal Employees Back to Work with Pay
The Real Deal posted an article (originally published by The Washington Post) highlighting the recent lobbying efforts of Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit.
13 Jan 2019
The Shutdown’s Impact on Financial Services
National Mortgage News published an article discussing how financial services are most affected by the ongoing federal government shutdown.
13 Jan 2019
HUD: Specific Program Shutdown Questions and Answers
The U.S. Department of Housing and Urban Development (HUD) issued guidelines for lenders and servicers during the ongoing federal government shutdown.
11 Jan 2019
Fannie Mae: Lender Letter LL-2019-01: Impact of Federal Government Shutdown (Servicing)
Fannie Mae issued a release clarifying expectations and requirements with respect to credit reporting regarding mortgage loans made to government employees and other workers impacted by the federal government shutdown.
11 Jan 2019
Freddie Mac: FHLMC Guide Bulletin 2019-2: Credit Reporting Guidance Related to the Federal Government Shutdown
Freddie Mac issued a release providing temporary guidance to help servicers and sellers assist borrowers impacted by the federal government shutdown.
11 Jan 2019
Democrats Move to Prevent Foreclosures, Evictions on Unpaid Federal Workers
HousingWire published an article outlining the newly proposed Federal Employee Civil Relief Act (S.72). The bill aims to prohibit landlords and creditors from taking action against federal workers or contractors who are affected by a government shutdown and unable to pay their rent, mortgages, or other loans.
11 Jan 2019
VA: Circular 26-19-1: Special Relief Following the Federal Government Shutdown
The U.S. Department of Veterans Affairs (VA) issued a release that expresses concern about VA home loan borrowers affected by the federal government shutdown and describes measures mortgagees may employ to provide relief.
8 Jan 2019
Freddie Mac: FHLMC Guide Bulletin 2019-1: Temporary Requirements Related to the Federal Government Shutdown
Freddie Mac issued a release providing temporary selling and servicing requirements to assist borrowers who may have been impacted by the federal government shutdown.
3 Jan 2019
HUD: FHA Single Family Housing Operations and Systems Availability During Government Shutdown
The U.S. Department of Housing and Urban Development (HUD) issued single-family news and updates in FHA INFO #18-52.
26 Dec 2018