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What Are You Going To Do If The Government Shut's Down?

By
Mortgage and Lending with Homebridge Financial Services NMLS 210215

Does the looming US Government shut down affect Realtors and Loan Officers?  You bet it does....if nothing else it adds a little more stress to an already stressful business.

So - lot's of speculation but here are a few potential issues:

- no FHA Case number assignments

- no FHA Insurance on funded loans (some lenders might stop funding)

- wired funds are sent through the FED....maybe affected even on cash sales

- what about USDA?  there could be issues here

The Government is deeply intertwined in our daily business.....I hope our rep's in congress make the right decision!

 

Rebecca Nystrom
RE/MAX Renaissance - Phoenix, AZ

Too bad we can't just fire the whole lot of them and start fresh!

Apr 07, 2011 12:58 PM
Dawn Crawley
Dawn Crawley Realty - Pinehurst, NC
Find Pinehurst Homes

In the long run it doesn't mean that much. Remember the Clinton presidency. Temporary pain for hopefully long term solutions.

Apr 07, 2011 01:06 PM
Chris Mayr
D3 Interactive Marketing - Orlando, FL

Well, I don't think i will be waiting in line at the Post Office or does that stay open under a mandatory requirement?

Apr 07, 2011 02:00 PM