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Thornburg Mortgage posts $3.31 billion loss (Reuters)

Started by riky, June 13, 2008, 02:42:25 AM

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riky

Thornburg Mortgage posts $3.31 billion loss
    (Reuters)

 



<p>You are not allowed to view links. Register or LoginReuters - Thornburg Mortgage Inc , a
specialist in jumbo home loans that nearly went bankrupt in
March, posted a $3.31 billion first-quarter loss on Thursday as
the value of mortgages and other securities it owns plummeted.</p><br clear="all"/>


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