Plan for the future of Nama needs scrutiny
Nama has had a decent run over the past year.
The National Asset Management Agency – Nama – has had a decent run over the past year, taking advantage of improved market conditions to offload a fair number of loans, and the properties associated with them. It is difficult to assess exactly where it stands, as Nama does not reveal what it paid for individual loans and what it sells them for. However, given a fair wind over the rest of its lifespan, it is...
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