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Shutdown’s Impact On Fannie Mae

Fannie Mae has introduced new, temporary guidelines to servicers and sellers of single-family loans in response to the government shutdown. The housing giant is unaffected by the shutdown as it is a private company, albeit in conservatorship. However, the shutdown still threatens to delay the process of obtaining a home loan. Fannie Mae required lenders in some cases to verify Social Security numbers and Internal Revenue Service Tax transcripts…Read More

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