Posted To: Pipeline Press

When Miley Cyrus licks a hammer and dances around naked, it’s considered “art.” When I tried it, I got kicked out of Home Depot. Go figure. How is your company figuring it will react to the rumblings that mortgage lenders meet the definition of federal contractors ” as it relates to the Biden Administration’s executive order to require vaccinations from such businesses? Lenders are wondering, with their lender insuring approval, and endorsing FHA loans for insurance, and making VA loans with VA Automatic lending authority, if they fall into that bucket. It is best that you ask your legal counsel, but an informal poll that I have taken indicates that, given the provisions and applicable definitions in the Executive Order, it does not apply to lenders just because…(read more)

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Source: Mortgage News Daily