Thornburg Mortgage (TMA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Thornburg Mortgage (TMA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: leigh aulper who wrote ()	5/5/1999 8:20:00 AM
From: leigh aulper	of 51

biz.yahoo.com Thornburg Mortgage Becomes Approved Fannie Mae Seller SANTA FE, N.M.--(BUSINESS WIRE)--May 5, 1999--Thornburg Mortgage Asset Corporation (NYSE:TMA - news) today announced that it has become an approved seller to Fannie Mae. As a buyer of adjustable rate residential mortgage loans, TMA can actively manage its financing costs by entering into Swap Agreements with Fannie Mae. Larry A. Goldstone, president of Thornburg Mortgage Asset Corporation, said, ''TMA purchases only high quality adjustable-rate mortgages and has always been a large buyer of Fannie Mae adjustable securities. Our approved seller status now allows us to convert conforming whole loans into Fannie Mae securities and we look forward to our new relationship supplying these high quality loans to Fannie Mae.''

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next