Thornburg Raises Loss Estimate From Mortgage Sales (Update1)

Story date: 2007-10-09 06:47:00
Added on: 2007-10-09 09:22:07

Bloomberg - Oct. 9 (Bloomberg) -- Thornburg Mortgage Inc., the Santa Fe, New Mexico-based home-loan provider, lost 27 percent more than it had expected selling off adjustable-rate mortgages since August, after the collapse of the subprime market caused demand ...


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