Freddie Mac Chief Syron Says U.S. Subprime Crisis Is `Going to Get Worse'

(Bloomberg) -- Freddie Mac Chief Executive Officer
Richard Syron predicted the subprime mortgage crisis may deepen
before housing prices improve in about 18 months.

``Unfortunately I don't think we have hit bottom,'' Syron
said today in an interview. ``I think things are going to get
worse.''


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