War and “Basketball Jones” Brings March Madness – 03/24/2026 Weekly Mortgage Update segment

War and “Basketball Jones” Brings March Madness – 03/24/2026 Weekly Mortgage Update segment

03-24-2026 War and “Basketball Jones” Brings March Madness

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Basketball Jones, Jay’s got a Basketball Jones. Got a Dribble-Hawk Jones, Oil maybe, too-oo-ooo.

Dribbling around inflation rebounds, war zone-defense, oil technicals, and foul growth prospects yield no final four results. The Sweet Sixteen only flirts with conclusions about inflation, war, Oil, and growth, and which dominates rates. Even implied volatility leads to a jump ball.

When fundamentals are vulnerable to overtime war, rate forecasting is no slam dunk. So, don’t get caught off guard with a fast break.
Basketball Jones.

These views are mine. Beat the buzzer by getting TMSpotlight.
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Song: Basketball Jones (1973) Cheech & Chong

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Les Parker, CMB Managing Director, Transformational Mortgage Solutions

Les ParkerLes 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.