As of this writing, the federal government is on the brink of a shutdown with a deadline of 11:59 p.m. ET Friday. MBA remains directly engaged with lawmakers in both chambers of Congress – and affected regulators – and has created a member guide that outlines potential impacts to single-family and multifamily government lending programs.
Tag: Continuing Resolution
Congress Passes Three-Month, Stopgap Funding Bill; NFIP Also Extended Until December
Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution that averts a government shutdown and extends Fiscal Year 2024 funding levels through December 20, 2024.
Update: House, Senate Pass Continuing Resolution, Avoid Shutdown; Chopra Confirmed as CFPB Director
Congress on Thursday passed a nine-week Continuing Resolution, avoiding controversial sticking points, to fund the federal government through December 3, avoiding yet another potentially disastrous government shutdown.
Government Shutdown Looming – Potential Implications for the Mortgage Industry
As of this morning (Sept. 30), Congress is still debating a continuing resolution that would extend funding for federal government operations. As this is happening, federal agencies are preparing for the possibility of a shutdown when the current funding expires at 11:59 p.m. ET.