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REO-To-Rental Bonds Make Slow Arrival On Wall Street

By Liz Hoffman ( November 16, 2012, 12:00 AM EST) -- Four years after mortgage-backed bonds tipped the economy into recession, Wall Street is eyeing a new product, backed by lease payments from foreclosed homes turned into rentals. But so far, it's been a waiting game as lawyers, bankers and ratings agencies grapple with risks and try to avoid a repeat of 2008....

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