Economic News…for this week can be summed up in one word...Delayed”. Reports on Construction Spending, Factory Orders and the Employment Situation were not released due to the partial government shutdown. Up to this point lending has not been dramatically affected but if the impasse continues problems could arise. Social security number verification as well as the ability to pull tax transcripts (4506) could prove to be problems for mortgage lending down the road. It will be very important over the next few weeks … [Read more...]