I was lucky enough to interview at IngDirect when they were still a quite young entity here in the US. This was in their treasury department and the people were frankly, brilliant, and I respect them even more as they didn't hire me, Haha!
What is interesting to note, they were interviewing me because of my experience within the mortgage backed securities market, and at the time were getting more heavily into that area, and ING, as far as I can tell has not needed to take a big write down Of course that was 5 years ago, so they might have stopped buying whole loans as they made their own loans with their own underwriting critera.
What is also interesting, IngDirect was started in Canada first, with its notoriously strict banking regulations.

