• Federal workers affected by the government shutdown have more than $400 million in mortgage and rent payments due this month, and it could cause chaos for the US housing market

    5 monthes ago - By Business Insider

    The ongoing federal government shutdown could start affecting the US housing market soon.
    Federal workers not receiving pay owe $249 million in mortgage payments and $189 million in rent payments this month, according to Zillow.
    Some federal housing programs such as Federal Housing Administration loans, Veterans Affairs loans, and USDA loans are experiencing delays.
    Additionally, the Department of Housing and Urban Development cannot pay rental assistance to landlords who provide roughly 100,000 low-income Americans with affordable housing.
    The ongoing government shutdown looks like it may...
    Read more ...

     

  • Most Federal Workers' Health Coverage To Continue During Shutdown, Even If Pay Stops

    Most Federal Workers' Health Coverage To Continue During Shutdown, Even If Pay Stops

    5 monthes ago - By NPR

    Basic health insurance for most affected federal workers will stay in effect, but circumstances are murkier for contractors. (Image credit: Bastiaan Slabbers/NurPhoto/Getty Images)
    Read more ...