The federal government shutdown is set to reach one month on Saturday, and the impacts are being felt by many Americans, including seniors who are struggling to access food, health care and a variety of support services. An article published last week by national senior advocacy group AARP highlighted some of the difficulties being faced […]
Government shutdown impacts senior access to services Read More »
Multistate mortgage lender Click n’ Close on Monday announced a two-part initiative to help lenders manage loan pipelines during the federal government shutdown. According to a company press release, Click n’ Close is offering free lock extensions for U.S. Department of Agriculture (USDA) loans that are already in its wholesale pipeline — and it will
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The U.S. Department of Agriculture (USDA) announced this week that it has awarded technology services firm Phoenixteam a $49 million contract to modernize its mortgage underwriting platform, the Guaranteed Underwriting System (GUS). The Arlington, V.A.-based company will overhaul GUS, which supports USDA’s guaranteed loan program for rural and farming communities. Phoenixteam said the updates will
USDA is automating its loan application uploading Read More »
The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR. The document reportedly reveals that HUD is planning on limiting the amount of
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In a sign of continued bipartisan cooperation to address issues related to housing costs and supply, Sen. Ruben Gallego of (D-Arizona) and Sen. Dave McCormick (R-Pennsylvania) have introduced a bill that’s designed to better facilitate interagency coordination on housing issues. bill would encourage greater collaboration between the Department of Housing and Urban Development (HUD), the
Senators introduce bill to strengthen interagency housing work Read More »