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Thornburg Mortgage says loss widens (Reuters via Yahoo! News)

Story date: 2007-10-09 08:05:23
Added on: 2007-10-09 13:23:30


Thornburg Mortgage Inc , a jumbo-mortgage lender severely hurt by the mortgage crisis, said on Tuesday a loss from asset sales was 27 percent bigger than expected, resulting in a total $1.1 billion hit in the third quarter.


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