Thornburg Mortgage
Financial Services Company and Company
Ex-Thornburg Mortgage CEO, CFO sued by trustee...return of laptops, about 40 boxes * Trustee says missing items are property of estate By Jonathan Stempel The trustee liquidating Thornburg Mortgage Inc <THMRQ.PK> has sued its former chief executive and chief financial officer for the... In this article: Bankruptcy, U.S. Bankruptcy Court, Defendant, and Thornburg Mortgage Inc |
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Kansas City Star | November 01, 2009
A look at the top 10 US bankruptcies
...Corp., Dec. 2, 2001, $65.50 billion Conseco Inc., Dec. 17, 2002, $61.39 billion Chrysler LLC, April 30, 2009, $39.30 billion Thornburg Mortgage Inc., May 1, 2009, $36.52 billion Pacific Gas and Electric Co., April 6, 2001, $36.15...
In this article: Bankruptcy, U.S., CIT Group Inc., Thornburg Mortgage Inc., Pacific Gas and Electric Co., Conseco Inc, Washington Mutual Inc., and Lehman Brothers Holdings Inc.
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Reuters | October 30, 2009
Thornburg Mortgage gets Maryland lawyer Sher as trustee
...Jonathan Stempel A Maryland bankruptcy judge appointed the lawyer Joel Sher as trustee to oversee the liquidation of the former Thornburg Mortgage Inc <THMRQ.PK>, which had been a large provider of "jumbo" home loans prior to its May 1...
In this article: Bankruptcy, Thornburg Mortgage Inc, Maryland, Baltimore, and U.S. Bankruptcy Court
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bizjournals: Local Business News | October 09, 2009
Thornburg fund manager plans to step down
...of Sept. 30. The firm manages nine fixed income and six equity funds, and separate accounts for high net worth and institutional investors. Thornburg Mortgage Inc. filed for Chapter 11 bankruptcy last May. Garrett Thornburg resigned as its...
In this article: Thornburg Mortgage Inc. and Bankruptcy
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Reuters | October 05, 2009
Thornburg, creditors clash on need for trustee
The new management of bankrupt Thornburg Mortgage Inc have opposed a request by a federal official to appoint a trustee to oversee the company, a request that has split parties to the bankruptcy. The U.S. Trustee requested the court...
In this article: Bankruptcy, Thornburg Mortgage Inc, U.S. Bankruptcy Court, Allegation, and Credit Suisse
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Reuters | September 16, 2009
UPDATE 1-Official seeks trustee for Thornburg, CEO resigns
...for Thornburg * CEO and CFO resign after "disagreement" * Thornburg creditors received "whistle-blower" letter By Emily Chasan Two top Thornburg Mortgage Inc <THMRQ.PK> executives have resigned amid accusations that assets were...
In this article: Bankruptcy, Thornburg Mortgage Inc, Maryland, and U.S. Bankruptcy Court
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Reuters | September 11, 2009
US Trustee seeks probe into use of Thornburg assets
...seeks documents A federal official who oversees bankruptcy cases in Maryland is seeking to probe executives of jumbo mortgage lender Thornburg Mortgage Inc <THMRQ.PK> after receiving information about a "potential misappropriation" of assets...
In this article: U.S. Trustee, Creditor, Thornburg Mortgage Inc, Bankruptcy, and Maryland
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Wikipedia | August 12, 2009
Thornburg Mortgage
...initially been scheduled for March 20, the company pushed back the sale until March 24. On April 1, 2009, Thornburg Mortgage announced that it would officially cease operations, and enter Chapter 11 bankruptcy. After the sale of all...
In this article: Thornburg Mortgage Inc., UBS, Bankruptcy, Outsourcing, Bear Stearns, Deutsche Bank, Royal Bank of Scotland, Credit Suisse, Citigroup, and Santa Fe, New Mexico
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Boston Globe -- Business | April 01, 2009
Thornburg Mortgage to shut down
THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING CHARLOTTE, N.C. - Thornburg Mortgage Inc., the "jumbo" home lender racked by the collapse of US mortgage markets, said it plans to file for bankruptcy protection and shut down. Remaining...
In this article: Thornburg Mortgage Inc., E mail, Bankruptcy, and Charlotte
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Reuters | April 01, 2009
Thornburg Mortgage to file bankruptcy
By Jonathan Stempel Thornburg Mortgage Inc <THMR.PK> said it plans to file for Chapter 11 bankruptcy protection and go out of business, making the provider of "jumbo" mortgage loans one of the largest casualties of the nation's housing...
In this article: Bankruptcy, Thornburg Mortgage Inc, Balance sheet, UBS AG, Jpmorgan Chase & Co, and Citigroup Inc
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www.washingtonpost.com | March 03, 2008
Thornburg Mortgage plunges on bankruptcy worry
NEW YORK (Reuters) - Thornburg Mortgage Inc (TMA.N) said on Monday it has failed to meet a surge in margin calls, raising concern the jumbo mortgage lender might file for bankruptcy and causing its shares to fall by more than half.
In this article: Thornburg Mortgage Inc, Bankruptcy, Credit Suisse, Balance sheet, Richard Rainwater, IndyMac Bancorp Inc, and New York Stock Exchange
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Description from Wikipedia:
Thornburg Mortgage Inc., NYSE: TMA, was an American publicly traded corporation headquartered in Santa Fe, New Mexico. Founded in 1993, the company is a real estate investment trust (REIT) that originates, acquires & manages mortgages, with a specific focus on jumbo and super jumbo adjustable rate mortgages. During the Financial crisis of 2007–2009 the company experienced financial difficulties related to the ongoing subprime mortgage crisis, and if filed for bankruptcy on April 1, 2009. ==History==
The company was founded in 1993 by Garrett Thornburg & Larry A. Goldstone.
- Name:
- Thornburg Mortgage Inc.
- Type:
- Public (NYSE: TMA)
- Location City:
- Santa Fe, New Mexico
- Location Country:
- United States
- Region:
- United States
- Founded:
- 1993
- Stock Symbol:
- TMA
- Industry:
- Mortgage lender
- Key People:
- Garrett Thornburg, Chairman
- Net Income:
- US$ -1.55 billion (2007)
- Assets:
- US$ 36.27 billion (2007)
- No. of Employees:
- 400 (2007)
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