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Tag Archives: Thornburg
The Thornburg Tragedy: Time for Resolution Trust Corporation Redux?
Shares of Thornburg Mortgage are down more than 40% to 2.01 in the after hours after the company said that it was unable to meet a $28 million margin call from JP Morgan Chase, one of its lenders. isoniazid JP … Continue reading
Posted in Financials/Real Estate Tagged Alt-A, Jumbo, Resolution Trust, RMBS, Thornburg Leave a comment