04-21-2025 Tariffs Create Confusion For “Radio Free Europe”
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Tariffs on in transit. Tariffs out in transit. How do we Free Europe? Where to go?
Event risk remains high, but implied volatility did slip for Easter. With the bulls and bears in a stalemate like Trump and Xi, will the bearish long-end pull mortgage rates up, or will the bullish 5-year and short-end push rates down?
Amid confusion and noise over tariffs, will bewilderment continue to reign? Expect April showers to bring beautiful news that trumps the stormy narrative.
Barrier Free Europe
Barrier Free Europe
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Song: Radio Free Europe (1981) R.E.M.
Les Parker, CMB Managing Director, Transformational Mortgage Solutions
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.