Arch Mortgage Insurance dac (“Arch”) today announced it has completed a capital relief transaction on a €3 billion subset of a residential mortgage loan portfolio of ING DiBa A.G., a wholly owned subsidiary of ING Bank N.V. The deal is the first of its kind in the European mortgage market and represents a valuable new tool for financial institutions in managing their regulatory capital.
“Arch is delighted to complete a transaction that supports mortgage lending in Germany,” said Bea...
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