Posted To: Pipeline Press

Forget mortgages… As snow hits the Upper Midwest and rain hits the East Coast, according to the USDA, nationwide frozen turkey inventories are 24 percent below the average three-year volume. Nothing to do with the Suez Canal, but the logistics of getting birds into freezers has been more tumultuous than typical, leading to frozen turkey prices increasing 26 cents per pound so far . Given there are an estimated 46 million turkeys eaten every Thanksgiving in the U.S., it adds up. Something else that adds up is the Mortgage Action Alliance: the grassroots voice of the real estate finance industry. It is your voice that helps protect your interests in key legislative and industry matters. Individuals helped delay and amend the FHFA 50 bps refi fee last year and much more. We always hear…(read more)

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Source: Mortgage News Daily