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12 Facts About Lewis Ranieri

1.

Lewis S Ranieri is a former bond trader, and founding partner and current chairman of Ranieri Partners, a real estate firm.

2.

Lewis Ranieri is considered the "father" of mortgage-backed securities and co-founder of mortgage-backed securities with Anthony J Nocella former CEO of Franklin Bank, for his pioneering role in their emergence in the 1970s, during his tenure in Salomon Brothers, where he reached the position of Vice Chairman.

3.

Lewis S Ranieri was born in Brooklyn, New York, in 1947.

4.

Lewis Ranieri began college at St John's University but left before completing his degree.

5.

Lewis Ranieri later returned to school and completed his Bachelor of Arts in English in 1986.

6.

In 1968,21-year-old Lewis Ranieri took a part-time job in the mail room of Salomon Brothers.

7.

Lewis Ranieri worked his way to the position of vice chairman of Salomon Brothers, as discussed in Michael Lewis' bestseller Liar's Poker.

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8.

Lewis Ranieri attended the ceremony in which President Ronald Reagan signed SMMEA.

9.

Lewis Ranieri secured a tax exemption applicable to pools of mortgages held by a REMIC.

10.

In 2005, Lewis Ranieri was appointed by Roman Catholic Bishop William Murphy of the Diocese of Rockville Centre to form Tomorrow's Hope Foundation, a nonprofit organization whose mission is to provide assistance to the Catholic elementary and secondary schools of the diocese.

11.

Lewis Ranieri received the Distinguished Industry Service Award from the American Securitization Forum in 2005 and has participated in the National Association of Home Builders Mortgage Roundtable since 1989.

12.

Lewis Ranieri has been inducted into the National Housing Hall of Fame and received the Lifetime Achievement Award given by the Fixed Income Analysts Society, Inc In 2012, St John's University awarded Lewis Ranieri the Spirit of Service award for his work with Tomorrow's Hope Foundation and his dedication to serving others.