According to the National Association of Realtors (NAR), a possible governmental shutdown will have little to no impact on FHA lending as briefed by the Department of Housing Urban and Development.
Equally important, both the National Service Center and FHA Call Center will remain open, providing a continuity of services. Read More Here -REALTORMag
Jaclyn, I hope that's right. I'd hate to have an FHA transaction about to close. But FHA is a very tiny protion of our market because the maximum loan doesn't help with our high home prices.
why can we not take this once in a lifetime opportunity to start over!?!?!?!
A clean sweep of capital hill will do us ALL good!
David,
Exactly. I wish there could be some way to implement the following:
1. When Mortgage companies are fined, the money at least 1/2 of the funds should go towards struggling homeowners who were victims as a result and/or distributed to borrowers' accounts to go directly towards their balance or payment due, whichever is more beneficial.
Comments(6)