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Super Jumbo Home Loan - News Articles
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Sep 27, 2008
New York Times, United States -
By PETER L. BERNSTEIN THERE was a time, in my childhood during the Great Depression, when the streets of Manhattan were filled with unshaven men in ... -
Oct 3, 2008
Washington Business Journal, DC -
Thornburg Mortgage Inc. received the consent of holders of its Senior Subordinated Secured Notes to make their most recent interest payment — 18 percent due Sept. 30 — in additional notes, rather than cash, a move necessitated by the company's continued lack of liquidity. ... -
Oct 21, 2008
Hemscott, UK -
SYDNEY, Oct 22 (Reuters) - Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) The Federal Government may adjust its A$700 billion deposit guarantee in a ... -
Sep 24, 2008
Washington Business Journal, DC -
Thornburg Mortgage Inc., still unable to resolve differences with the reverse repurchase agreement counterparties involved in a $1.35 billion Override Agreement that rescued the company in March, has once again extended the expiration of a tender offer for preferred ... -
Oct 1, 2008
Charlotte Business Journal, NC -
Santa Fe’s Thornburg Mortgage Inc. announced Tuesday that the company has reduced its staff by 29 sales and support positions in its home lending division. The company has battled to stay alive since its Wall Street funding sources dried up in August ... -
Oct 1, 2008
Business Wire (press release), CA -
SANTA FE, NM--(BUSINESS WIRE)--Thornburg Mortgage, Inc. (NYSE:TMA), announced that it is amending its Exchange Offer and Consent Solicitation (the “Exchange ... -
Oct 1, 2008
RTT News, NY -
(RTTNews) - Thornburg Mortgage Inc. (TMA: News ) announced that it is amending its Exchange Offer and Consent Solicitation because the conditions that the Exchange Offer comply with applicable law were not satisfied prior to September 30, 2008, the expiration of the Exchange ... -
Oct 1, 2008
Housing Wire -
Thornburg Mortgage, Inc. (TMA: 2.16 +23.43%) felt continued to reel from the nation’s mortgage crisis on Tuesday and Wednesday, announcing that it had reduced staff by 29 sales and support positions in its home lending division. The ailing lender also was forced ... -
Oct 1, 2008
Trading Markets (press release), CA -
Oct 01, 2008 (The Santa Fe New Mexican - McClatchy-Tribune Information Services via COMTEX) -- TMA | Quote | Chart | News | PowerRating -- Thornburg Mortgage Inc (TMA) Short Term PowerRatings is available at This Link . ... -
Oct 1, 2008
Reuters -
By Jonathan Stempel NEW YORK, Oct 1 (Reuters) - Thornburg Mortgage Inc (TMA.N: Quote, Profile, Research, Stock Buzz), a "jumbo" home loan specialist trying to avoid collapse, revised terms of a bailout package on Wednesday after failing to resolve surprise margin calls from ...
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Oct 1, 2008
Bizjournals.com, NC -
Thornburg Mortgage Inc. (NYSE:TMA) said Wednesday it was unable to come to an agreement with its reverse repurchase agreement counterparties in time to complete a tender offer that expired Tuesday and has now changed the terms of the offer. The ... -
Oct 1, 2008
Forbes, NY -
AP 10.01.08, 2:31 PM ET Shares of Thornburg Mortgage Inc. surged Wednesday after the mortgage lender said it is amending its exchange offer for four classes of its preferred stock, and extending the expiration. Preferred stock holders will receive 3 common shares for ... -
Oct 1, 2008
Wall Street Journal -
By APARAJITA SAHA-BUBNA Thornburg Mortgage Inc. said Wednesday unexpected demands from its bank creditors forced it to change the terms of a proposed securities exchange offer critical to its survival. The Santa Fe, N.M., home-loan company, which narrowly sidestepped ... -
Oct 2, 2008
Reuters -
Oct 2 (Reuters) - Friedman Billings Ramsay cut its price target on Thornburg Mortgage Inc (TMA.N: Quote, Profile, Research, Stock Buzz), saying the uncertainty in its residential mortgage-backed securities portf..."; ... -
Oct 1, 2008
Housing Wire -
a residential mortgage lender that works primarily with prime and super-prime borrowers seeking jumbo and super-jumbo adjustable-rate morgages. Cuts made by a lender with this target audience, obviously, shows just how far-reaching the mortgage crisis has been; ... -
Oct 1, 2008
MarketWatch -
ATLANTA, Oct 01, 2008 /PRNewswire-FirstCall via COMTEX/ -- ASHTON WOODS USA LLC (Bloomberg: ASHWOO) (CUSIP: 045086 AB 1), today announced that it has informed the Trustee of its 9.5% Senior Subordinated Notes due 2015 (the "Subordinated Notes") that it is currently prohibited ... -
Oct 1, 2008
WELT ONLINE, Germany -
Thornburg Mortgage, Inc. (NYSE: TMA) announced that it has received consents, effective September 30, 2008, from the holders of approximately 98.5% of the ... -
Oct 8, 2008
Washington Post, United States -
By Dana Milbank John McCain needed a big night at Tuesday's second presidential debate to turn around a race that seems to be getting away from him. So he hit Barack Obama where it hurts: in the overhead projector. ... -
Oct 8, 2008
Atlantic Online -
Republicans are now heavily invested in blaming the Democrats' coddling of Fannie Mae and Freddie Mac for the subprime mortgage crisis. Here's Majority Leader John Boehner at a GOP fundraiser in Georgia: "It's not a failure of ... -
Oct 8, 2008
Washington Post, United States -
By EJ Dionne Jr. Last night's debate, a town-hall discussion dominated by economic questions, made it clear that John McCain's effort to change the campaign's focus to the culture wars of the 1960s is not going to work. Voters want candidates to talk ...
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