Will government shut-down foul Fannie/Freddie closings?

Short answer: No.

April 5, 2011 at 8:27PM

There's lots of talk in Washington DC about a government shut-down if a budget deal isn't reached. On a related topic, someone from the Twin Cities posted a good question on a Trulia.com message board: Will the closing on my Fannie Mae loan (they're purchasing a foreclosure) still happen if there's a budget-related government shut-down?

I talked with the folks at Fannie Mae and they said "the closing will NOT be impacted."

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