Thornburg Posts Jumbo Loss - Street.Com

Story date: 2008-06-12 10:01:00
Added on: 2008-06-16 04:47:34

Thornburg Mortgage TMA swung to a monstrous loss of $3.31 billion for the first quarter on the plummeting value of securities tied to home loans and said it expected delinquencies to continue to rise. The Santa Fe, N.M.-based jumbo loan specialist ...


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