Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.99%-0.01
Investments

Ranieri calls bonds backed by investor-owned rentals safe

Lewis Ranieri, known as the father of securitization, told CNBC Monday that "bonds backed by investor-owned rental properties carry no risk."

CNBC said Ranieri has other regrets about the MBS market, but he's confident about the rental space.

Lewis Ranieri expressed regret that the mortgage-backed securities market imploded the way it did, bringing the U.S. economy along with it.

According to Ranieri, the rental bonds are different "because it's almost done like the European covered bonds, because there's enough cash flow and they can replace cash flow to pay the bonds," he said in an interview.

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please