Friday, September 27, 2013

HUD Says Govt Shutdown Would Halt FHA Loan Applications

Sept. 27 (Bloomberg) -- U.S. Federal Housing Administration would have to stop guaranteeing new loan applications if Congress can’t agree on govt funding bill by midnight Sept. 30, Bloomberg BNA’s Mike Ferullo reports, citing contingency plan released by HUD.
  * A limited number of staff would be available to process loan
    applications already in pipeline at FHA, agency official

    says

No comments:

Post a Comment