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New rent-backed security

Posted on October 25, 2013 by Joe

Investors have poured over $20 billion into foreclosed properties over the last 3 years. Blackstone is about to offer bonds backed by the rent of its homes, reports CNBC’s Diana Olick.

Video: http://tinyurl.com/lajd44t

This entry was posted in United States and tagged rent, securities by Joe. Bookmark the permalink.
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