Thornburg Mortgage is a single-family residential mortgage lender that originates, acquires and retains investments in adjustable-rate mortgage ARM assets, thereby providing capital to the single-family...
The title of this article may surprise some of my long-time readers. From 2004-2008, I covered insider trading for an independent financial research firm. During that time I learned a lot about insiders and their ability to forecast major trends in the market. However, I also learned that the assumption...
Link of the Day “Ninety per cent of the mortgage market is supported by two private companies losing vast sums of money operating with no equity.” Hedge fund manager John Paulson, on why he’s pessimistic about Fannie Mae and Freddie.Mac. (Financial Times, June 18th) by SA Editor Judy Weil
Hickey and Walters Bespoke submit: For momentum investors out there both on the long and short side, below we provide the best and worst performing Russell 3,000 stocks year to date. The list of winners is primarily made up of stocks in the Energy sector. Clayton Williams Energy...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) announced today that a majority of the participants in the principal participation agreement component of company's recent financing transaction approved an amendment to change the requirement that the tender offer for the preferred stock result in the tender of at least...
Preferred Stock Tender Offer to Be Completed by September 30, 2008 SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE:TMA) announced today that a majority of the participants in the company's Principal Participation Agreement approved an extension of the deadline to successfully complete the preferred stock tender offer to...
Company Will Discuss Valuation and Accounting for Recent Financing Transaction SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA), announced today that on Wednesday, June 25, 2008, it will hold a conference call to explain the valuation and accounting for the recent $1.35 billion financing transaction and Override...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) announced today the results of voting at its annual meeting of shareholders held in Santa Fe today. Shareholders approved amendments to the company's charter to increase the number of authorized shares of capital stock from 500 million to 4...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE:TMA), today reported a net loss before preferred stock dividends for the quarter ended March 31, 2008 of $3.306 billion, or a loss of $20.64 per common share, as compared to net income of $75.0 million, or $0.62 per common share, for the...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA), announced today it will release results for the first quarter on Thursday, June 12, 2008, before the market opens. Larry Goldstone, president and chief executive officer of the company, will host a conference call on Thursday, June 12, 2008,...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) announced today it will host a live webcast of a portion of the Annual Shareholder meeting which will be held on June 12, 2008 at 2:00 p.m. Eastern. The meeting can be viewed live through a link at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=117476 &eventID=1831827. ...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA), updating its May 19, 2008 press release, stated that it will require additional time to file its Quarterly Report on Form 10-Q for the first quarter. The Company previously announced on May 19 that it estimated it would release earnings and...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) announced today it intends to file its Form 10-Q and issue an earnings press release with a follow-up conference call to discuss the first quarter results by June 2, 2008. The company did not file its Form 10-Q Quarterly Report for...
NEW YORK -- Given Thornburg Mortgage, Inc.'s Thornburg entry into an override agreement with Thornburg's five remaining reverse repurchase agreement counterparties and their affiliates, and Thornburg's recent offering of senior subordinated secured notes, Fitch Ratings has revised Thornburg's Issuer Default Rating IDR as follows: --IDR to 'CCC' from...
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have scheduled interviews with a number of...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) today announced that it has completed its previously announced offering to raise $1.35 billion from the sale of senior subordinated secured notes, warrants to purchase common stock and a participation in certain mortgage-related assets. The company has received $1.15 billion of...
M2 PRESSWIRE-1 April 2008-BUYINS.NET: EII, CT, DB, SCA, SIX, TMA Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2008 M2 COMMUNICATIONS LTD RDATE:01042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ,...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE:TMA) announced today that the company has received an extension through March 31, 2008, for the Override Agreement that the company had announced on March 19, 2008 whereby the company agreed to raise a minimum of net proceeds of $948 million in new...
SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA) announced today that the company has extended by one day the original deadline of March 27, 2008 to 5:00 pm ET today, March 28, 2008, for the Override Agreement that the company had announced on March 19, 2008 whereby the company...
