USDA Buyers Stuck in Limbo as Shutdown Hurts Housing

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President Trump has said he can “relate” to the pain of federal employees who are unable to pay their bills due to the ongoing government shutdown. During a press gathering outside the White House on.

As the government shutdown continues, would-be homeowners are stuck waiting on USDA aid Last year, the agency provided housing assistance worth .4 billion in home loans, loan guarantees and grants.

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But the USDA loan program is shut down entirely right now, unable to accept. likely will be backlogged with loan applications, leaving buyers on hold.. and the Federal Housing Administration should not be affected either.

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 · The U.S. housing market, already losing steam, is taking another hit from the government shutdown, delaying closings and damaging buyer confidence, according to a.

USDA officials may allow farmers to shut down ventilation in their barns to cull poultry if. while chicken processors worry it could trigger more import bans because some buyers bar shipments from.

The following is a list of government agencies and operations affected by the United States. "USDA Buyers Stuck in Limbo as Shutdown Hurts Housing".

The banks are presently holding hundreds of billions of dollars in mortgage-backed securities (MBSs) that they cannot sell – because there are no buyers – and don’t. to place their unwanted bonds.