Update: Eight Dealers Scramble To Bid For Final ING Sale, But Investors May Hesitate

30 Jan 2014

Eight dealers scrambled Tuesday to submit bids for the Dutch government’s third and final sale of $2.1 billion in ING’s remaining private-label residential mortgage-backed securities portfolio, but investor demand may not be quite as high as the previous ING sale in mid-January.

Eight dealers scrambled Tuesday to submit bids for the Dutch government’s third and final sale of $2.1 billion in ING’s remaining private-label residential mortgage-backed securities portfolio, but investor demand may not be quite as high as the previous ING sale in mid-January. The portfolios comprises entirely of Alt-A ...

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