As the shutdown of the federal government entered its second week, private mortgage insurers alerted clients and potential clients they will insure mortgage loans if the Federal Housing Administration, operating with a skeleton crew, jeopardizes closing dates.

CUNA Mutual Group Mortgage Insurance said it is preparing a document for its website that will alert client credit unions to how the firm can assist, including relaxing requirements for verbal verification of employment in situations where a member’s agency employer might be shut down, according to CMGMI spokesman Joel Luebkeman. This policy also extends to IRS verifications as well, Luebkeman said.

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