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Analyst: Home Prices Could Fall Another 30 Percent 

Apr 07, 2009By

Analyst Meredith Whitney, well-known for her work at Oppenheimer & Co. and now at her own firm, told cable television news outlet CNBC Tuesday morning that she expects home prices to fall another 30 percent — a bearish prediction that, if correct, means that U.S. banks and mortgage lenders may yet have their worst work ahead of them.

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