Goverment shutdown- what to expect from my firm

As many of you are aware, our government has temporarily shut down resulting in the furlough of certain federal employees which will cause a curtailment of operations at several federal agencies.   We will continue to monitor the government shutdown and will provide notification of any new information or policy changes as we go along.   Below is specific information regarding potential disruptions that may occur.  It is typical that these types of shutdowns are very temporarily and a minor nuisance with regard to mortgage operations.   Funding – The federal reserve is not funded through the annual appropriations process, therefore zero impact on wiring money, market systems (secondary, etc.)   Tax Transcripts – We will be unable to obtain tax transcript validations.  We are able to submit your loan without them, however we will require them prior to funding.     SSN Validations – We will be unable to process social security validations.  We are able to submit your loan without them, however we will require them prior to funding.     VOE’s – Federal Employees – Most likely, we will not be able to obtain a verification of employment on a federal employee.  Due to the potential furlough and / or curtailment of income for federal employees, these loans should not be submitted for final approval until after the current shutdown is resolved.   FHA  -  Little to no impact.     USDA  -   Applications will not be processed or reviewed during the government shutdown in most areas.  While the application may be taken and the processing of the loan begun, it will be halted in the approval process until after the current shutdown is resolved.   VA  -  Will continue to operate as normal.   GSE’s = Fannie and Freddie -   Little to no impact.