24/7 Wall St.
04-29-2008, 06:12 AM
24/7 Wall St. Daily News
Lewis Ranieri, one of the people who started the financial systems for the current mortgage market, believes that they system is worse off than most people know. According to Reuters, "I think the actual price declines are bigger than the indexes are showing, since so little is being sold." Douglas A. McIntyrehttp://feeds.feedburner.com/~f/typepad/RyNm?i=ZgQt6G</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ZgQt6G) http://feeds.feedburner.com/~f/typepad/RyNm?i=5sRPlG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=5sRPlG) http://feeds.feedburner.com/~f/typepad/RyNm?i=QqABMg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=QqABMg)
complete story here... (http://www.247wallst.com/2008/04/lewis-ranieri-m.html)
Lewis Ranieri, one of the people who started the financial systems for the current mortgage market, believes that they system is worse off than most people know. According to Reuters, "I think the actual price declines are bigger than the indexes are showing, since so little is being sold." Douglas A. McIntyrehttp://feeds.feedburner.com/~f/typepad/RyNm?i=ZgQt6G</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ZgQt6G) http://feeds.feedburner.com/~f/typepad/RyNm?i=5sRPlG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=5sRPlG) http://feeds.feedburner.com/~f/typepad/RyNm?i=QqABMg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=QqABMg)
complete story here... (http://www.247wallst.com/2008/04/lewis-ranieri-m.html)