Personal Finance Advice and Commentary

If the government shuts down the impact on mortgage loans will go beyond FHA. Government officials and lenders say loans backed by Fannie Mae and Freddie Mac won’t be affected by the shutdown because those agencies operate separately from the government, even though they have been under federal control since 2008. But Fannie and Freddie,

It’s looking like neither side is willing to blink in the government shutdown game of chicken. So what does that mean to taxpayers who haven’t filed their tax returns yet? Nothing. Internal Revenue Service Commissioner Doug Shulman has made it clear that while his agency will be short-staffed if the federal government runs out of money,

Even if the federal government shuts down this weekend, the wheels still need to be greased so Treasury auctions will not be impacted by a government shutdown, Bloomberg.com reported on Monday. More worrying for the Treasury department would be a failure of Congress to raise the debt ceiling. Some House Republicans have vowed not to