Certainly does not sound outrageous as IIF has one of the better...

Certainly does not sound outrageous as IIF has one of the better SP to NTA ratios going around. As I have from Day 1, I have always wondered what role ING has in this.

If ING were to just refinance the debt their 18% of the Company would make them a killing. They still seem to be interested in doing fairly marginal home loans, so it does not make sense that they have not leapt to the rescue after increasing their shareholding.