In the Crosshairs Today: Thornburg Mortgage

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SAN FRANCISCO (MarketWatch) — Thornburg Mortgage Asset Corp. said late Tuesday that it is delaying a dividend payment after getting margin calls and finding it more difficult to fund its mortgage assets in the commercial-paper and asset-backed securities markets. Thornburg shares rose 13% to $8.60 in after-hours trading on Tuesday.

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Why Thornburg Mortgage Will Survive. The measure was approved during the june shareholders meeting. Then the holders of several classes of Preferred Stock shares had to agree to tender at least 2/3 of the outstanding shares in exchange for $5.00 per share (they were issued at $25.00) and 3 shares of the now penny-stock common.

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Rochelle on Thornburg Lawsuit and Lehman Plan: BLAW Today you'll see news that the Fed is providing another $100 billion to the. and today, Merrill and UBS were in her cross-hairs with lowered estimates. Now we have this mortgage mess, and Thornburg Mortgage (TMA.

In the Crosshairs Today: Thornburg Mortgage Thornburg Mortgage Asset Corp. is a high quality mortgage portfolio lending institution that specializes in the.

 · More banks in the crosshairs after JPM deal by James O’Toole @jtotoole October 23, 2013: 12:39 AM ET JPMorgan posted a loss for the third quarter as a result of its myriad legal problems.

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Mortgage lender Thornburg Mortgage Inc. TMA, -1.24% said in a filing Thursday with the Securities and Exchange that the value of its $2.9 billion of triple-A rated Alt-A holdings fell by as much as 15.

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