Lykken on Lending

Lykken on Lending

A Weekly Podcast by Mortgage Professionals

“Espresso” Brewing Liquidity Issues – TMSpotlight by Les Parker

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07-15-2024 “Espresso” Brewing Liquidity Issues

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The markets movin’ in a tight range.  Isn’t that sweet?  Try not to sleep.  Don’t you need Espresso?

Some news gives you a jolt.  Then you see the screen blink red and green because it’s speculating about nothing.  No easing, high inflation. High easing, no growth.  No liquidity. High drama.

Since the Bond Bulls reached 4.18 Friday, the market sees a Fed rate cut in September and December.  The high octane remains brewing liquidity issues.  Expect disruption in the market’s tranquility, causing the Fed to taper QT soon.

Try not to sleep.  No, Joe, get espresso.

Song:  Espresso (2024)  Sabrina Carpenter
https://www.youtube.com/watch?v=eleP7yc9dSY

Les Parker, CMB Managing Director, Transformational Mortgage Solutions

Les Parker

Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities.

Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content,  Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.