Democrats To Protect Unpaid Government Employees From Foreclosure

Democrats Move To Stop Foreclosures And Evictions On Unpaid Federal Employees 22 House Democrats have introduced legislation to protect 800,000 federal workers who are either furloughed or working without pay thanks to the government shutdown. FHA has already asked the mortgage industry to help FHA employees with their mortgages. However, House Democrats want more protection than that. A group […]

government shutdown

Government Shutdown Could Cost Reverse Mortgage Sector Billions

The Government Shutdown Halts Reverse Mortgage Funding Because Lenders Can’t Get FHA Endorsements President Trump’s government shutdown is approaching the two-week mark. It has now brought the reverse mortgage sector to screeching halt. The government shutdown has HUD is working with a skeleton crew. That means FHA cannot underwrite or endorse reverse mortgages or any FHA products.  […]

Housing Crisis

U.S. Faces Another Housing Crisis Because Of The Government Shutdown

Housing Crisis On The Horizon All Because The House GOP Can’t Get Their Way On ObamaCare Congressional Republicans are so blinded with rage that they could create another housing crisis. All because that a black man got elected President of the United States twice and that their 40 plus attempts to dismantle the Affordable Care […]

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