Posted To: Pipeline Press

Everyone has a plan until they get punched in the mouth. If you haven’t seen a video this one from a drone ) of the destruction in the South and Midwest, especially Kentucky, take a look. The loss of human and animal life is terrible, and it will take years to clean up and rebuild the communities. (Many in our industry have had some good years; The Better Business Bureau has a list of charities in those areas that can help.) The tornadoes that struck a few days ago were predicted, but due to a few reasons the fatalities were high. Shifting our attention, who predicted these inflation numbers that we’ve seen in recent months? Certainly not the Fed. These sky-high numbers remind us that, as Dr. Michael Fratantoni puts it, “All forecasts are wrong but some are useful.”…(read more)

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Source: Mortgage News Daily