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Why the Shutdown Was a Big Deal for Housing

The Federal government is set to reopen after President Trump announced a deal that would end the longest shutdown in the country’s history. We look back at how it impacted housing and what reopening the government will mean for the industry.

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GSEs Address Shutdown Woes

Fannie Mae and Freddie Mac have issued a set of additional guidelines to help lenders assist borrowers impacted by the continued government shutdown while offseting the risk associated with interruption of income.

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Tackling the Effect of the Shutdown

While the effects of the longest government shutdown in history are being felt by the housing market, it has particularly affected affordable housing and community development. Here’s how lenders and housing agencies are addressing the challenges associated with this shutdown.

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