On Monday June 25, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.
Listen to the show.
Part 1 (14:10)
Ryan defines and discusses Operation Twist. Louis notes that rolling the short term securities into long term creates demand for the ten year note but that it does not necessarily result in lower mortgage rates. Louis notes that the current low interest rates prohibits savings and encourages more borrowing. Louis notes that consumers need more availability to credit the way a drunkard needs happy hour extended.
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