Posted by HSH/WA on 10/15/13 7:11pm Msg #488251
Can you imagine how backed up Govt
loans are going to be when this Govt shut down finally ends? FHA, VA, Farm home loans will be months catching up. And, if there is a Fed Gov default the effect on these as well as conventional loans could be substantial depending on the effect on rates. I believe Govt loans acct of about 30% of the market.
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