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To: Paul Engel who wrote (64827)	9/15/1998 9:37:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 186894

SOT Paul, RE the article on RMBS validation program, please give me your thoughts on this announcement... My thoughts are that this announcement is positive but does not really outline anything new. After all, are not these type of validation programs quite common place? OTOH, I might assume that it is good news in that critical mass and infrastructure is being built in order to make sure RMBS is a success. As you read the release, RMBS does seem to have all the power players behind it. Thanks for your thoughts. MileHigh