Pickle Real Estate

Reading Between the Head-Lines

ING’s Alt-A RMBS Portfolio Turns 21% Delinquent

2009-08-12housingwire.com

 ” ING Group posted a EUR 71m ($100.9m) profit in Q209 after three consecutive quarters of losses, despite a decrease in the value and performance of its residential mortgage-backed securities (RMBS) portfolio. “

Full Article here

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September 23, 2009 - Posted by | Banking, Foreclosure, Investments, Stats

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