As the author of three books on mortgage finance and related derivative securities, and speaking as someone who first turned mortgages into rated securities in 1983, I’m going to let you in on an unfortunate little secret – the real subprime mortgage securitization crisis may not have even started yet. But, there is a good chance the real crisis will arrive soon.
.......read on here...
http://news.goldseek.com/GoldSeek/1206030368.php
the subprime crisis is just starting
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