Umm..no wonder AmTrust went busto look at what they were holding before everything went to hell.
By Daniel at 5 December, 2009, 12:19 am
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Consolidated Statement of Condition - September 30, 2008
($ in thousands)
Assets
Cash and Cash Equivalents
$ 1,736,109
Investment Securities
932,458
Loans and Mortgage-backed Securities
12,777,077
Mortgage Servicing Rights
77,193
Stock in Federal Home Loan Bank
222,542
Real Estate Investments
23,878
Real Estate and Other Assets
Acquired in Settlement of Loans
260,496
Office Properties and Equipment
65,302
Other Assets
357,305
Total Assets
$16,452,360
Liabilities and Net Worth
Deposits
$12,156,934
Advances from the Federal Home Loan Bank
2,339,808
Other Borrowings
738,667
Advance Payments by Borrowers for Taxes,
Insurance and Escrow
43,305
Accrued Expense and Other Liabilities
301,004
Net Worth
872,642
Total Liabilities and Net Worth
$16,452,360
- Contrarian01
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