Thornburg Mortgage posts Q3 loss, suspends dividend (Reuters via Yahoo! News)
Story date: 2007-10-16 08:21:17
Added on: 2007-10-16 22:00:17
Thornburg Mortgage Inc posted a large loss and suspended its common stock dividend on Tuesday after the lender said it lost about $1.1 billion in the third quarter from the sale of jumbo mortgages.
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