Thornburg Mortgage
Thornburg Mortgage Inc. 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 2007–2010 the company experienced financial difficulties related to the ongoing subprime mortgage crisis, and it filed for bankruptcy on April 1, 2009.
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Famous quotes containing the word mortgage:
“The mortgage is still in our name but, increasingly, the house is theirs. One diaper, one vote.”
—Fred G. Gosman (20th century)