If you’re waiting to close a Federal Housing Administration loan, the shutdown of the federal government that began October 1 is adding weeks or even months of uncertainty. The number of FHA borrowers affected by the shutdown grows every day.
“This is a time of year when the volume is heading towards its peak. There is a lot of pent up business,” says Eileen Grey, associate vice president for multifamily for the Mortgage Bankers Association. &l
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.