Thornburg Mortgage shares fall on loss estimate

Story date: 2007-10-09 12:45:00
Added on: 2007-10-09 13:23:32

Reuters - The estimated loss is the second revision announced by Santa Fe, New Mexico-based Thornburg since it sold $20.4 billion of top-rated mortgage securities in August due to sharp pull-backs in financing by investors in mortgages and mortgage companies ...


Read more...

Related Stories:

• Thornburg Raises Loss Estimate From Mortgage Sales (Update6)

  Bloomberg - Oct. 9 (Bloomberg) -- Thornburg Mortgage Inc., the Santa Fe, New Mexico-based lender, boosted its loss estimate to $1.1 billion...
  2007-10-09 01:21:00

• Thornburg Posts Jumbo Loss - Street.Com

  Thornburg Mortgage TMA swung to a monstrous loss of $3.31 billion for the first quarter on the plummeting value of securities tied...
  2008-06-12 10:01:00

• Thornburg Mortgage swings to $3.31 billion 1Q loss - Associated Press

  SANTA FE, N.M. (AP) -- Thornburg Mortgage Inc. said Thursday it swung to a $3.31 billion loss in the first quarter, and...
  2008-06-14 07:53:00

• Santa Fe home lender to pay dividend (ABC 7 El Paso)

  Associated Press - December 18, 2007 11:15 PM ET SANTA FE (AP) - The board of directors...
  2007-12-18 08:21:48

• Santa Fe home lender to pay dividend (News West 9 Midland)

  Associated Press - December 18, 2007 11:15 PM ET SANTA FE (AP) - The board of directors...
  2007-12-18 08:15:07

• The value of value investing (Santa Fe New Mexican)

  Photo: Bill Fries, manager of the Thornburg Value Fund, meets with his equity team at Thornburg Investment in Santa Fe....
  2008-08-25 10:05:11

• Thornburg Raises Loss Estimate From Mortgage Sales (Update4) (Bloomberg.com)

  Oct. 9 (Bloomberg) -- Thornburg Mortgage Inc., the Santa Fe, New Mexico-based lender, boosted its loss estimate to $1.1 billion from selling...
  2007-10-09 09:55:20

• Thornburg Mortgage Reports 1Q Results (Business Wire via Yahoo! Finance)

  SANTA FE, N.M.----Thornburg Mortgage, Inc. , today reported a net loss before preferred stock dividends for the quarter ended March 31,...
  2008-06-12 03:00:00