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New rent-backed security

Fri 25 Oct 13 | 02:48 PM ET
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New rent-backed security

Fri 25 Oct 13 | 02:48 PM ET
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.

Topics:

Housing  | Bonds  | Loans Mortgages

Sectors:

 | Real Estate
 
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