THMR is defunct.
Oct. 26, 2009, 4:59 PMA judge appoints a trustee to run the liquidation of former jumbo-mortgage leader Thornburg Mortgage (THMR.PK), after it's discovered that former execs were using the equipment and "virtually all" the staff to launch a new venture. Thornburg filed for one of the year's biggest bankruptcies in May, with $24.4B in assets. | Oct. 26, 2009, 4:59 PM | 1 Comment
Apr. 8, 2009, 5:20 PMDistressed investor in distress: Sources say MatlinPatterson Global Advisers, which bills itself as A Global Distressed Private Equity Firm, stands to lose $475M as a result of Thornburg Mortgage's (THMR.PK) bankruptcy filing. Proving it's not always good to be early to the game; soon MatlinPatterson could be betting with your money. | Apr. 8, 2009, 5:20 PM | Comment!
Apr. 2, 2009, 6:08 AM
Apr. 1, 2009, 1:41 PM"Jumbo" mortgage lender Thornburg Mortgage (THMR.PK) to file for bankruptcy protection and shut down. "Our dissolution was created by one issue: the inability to support the equity requirements for financing our mortgage securities portfolio, given the continued decline in mortgage-backed securities prices," a spokeswoman says. | Apr. 1, 2009, 1:41 PM | 1 Comment
Visit Seeking Alpha's
Currently, there's no company description for THMR.
Country: United States
Other News & PR