{"id":191473,"date":"2009-08-14T09:46:00","date_gmt":"2009-08-14T14:46:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/14\/21-delinquent\/"},"modified":"2009-08-14T09:46:00","modified_gmt":"2009-08-14T14:46:00","slug":"21-delinquent","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/08\/14\/21-delinquent\/","title":{"rendered":"21% Delinquent?!?!?!?"},"content":{"rendered":"<p>It turns out that ING&#8217;s portfolio of Alt-A residential mortgage backed securities are <a href=\"http:\/\/www.housingwire.com\/2009\/08\/12\/ing-alt-a-portfolio-loses-value-delinquencies-increase\/\">21% Delinquent<\/a>.<\/p>\n<p>Alt-A mortgages are technically prime, but include things like interest only, negative amortization, and a plethora of other dicey loan instruments, and <sup>1<\/sup>\/<sub>5<\/sub> of their loans are delinquent.<\/p>\n<p>Great googly moogly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It turns out that ING&#8217;s portfolio of Alt-A residential mortgage backed securities are 21% Delinquent. Alt-A mortgages are technically prime, but include things like interest only, negative amortization, and a plethora of other dicey loan instruments, and 1\/5 of their loans are delinquent. Great googly moogly.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,1088],"tags":[],"class_list":["post-191473","post","type-post","status-publish","format-standard","hentry","category-finance","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191473"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=191473"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191473\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=191473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=191473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=191473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}