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Blackstone, Ranieri Betting on Bad FHA Loans
Blackstone, Ranieri Betting on Bad FHA Loans: Mortgages Businessweek Hedge funds and private-equity firms are betting on delinquent home loans being sold by the U.S. Federal Housing Administration as the government agency accelerates debt sales to avert a bailout and stem foreclosures. Investors including Lewis Ranieri's ...
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