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Reuters: Mortgage legend says price slump deeper than seems

Started by chris, April 29, 2008, 05:44:05 AM

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chris

Mortgage legend says price slump deeper than seems
      


BEVERLY HILLS, California (Reuters) - The man credited with developing the financing of the modern U.S. mortgage industry says home values have fallen more than their listed prices suggest but they could hold steady with the help of a bill in Congress.
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