Housing Market Echoes Credit Crisis: DoubleLine CEO

""I kind of think we're looking at some type of echo in the credit crisis coming up here. That's what I'm sort of afraid of," said Gundlach, whose firm has almost $11.2 billion in assets under management. "The housing market is dropping. It depends what indicator you look at. Case-Shiller [S&P/Case-Shiller Home Price Indices] kind of lags but it's about to go to a new low. It's one basis point off the low that was hit a couple of years ago,""