![]() |
![]() | ![]() |
| 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. |
Thornburg Mortgage Asset Corp. is a high quality mortgage portfolio lending institution that specializes in the acquisition of highly rated adjustable-rate mortgage (ARM) securities and high quality ARM loans. Like most portfolio lending institutions, the company generates income from both its direct investment in these assets and the difference between the yield on its assets and the cost of its borrowings. The company's continuing objective is to grow earnings per share by expanding its presence in the low credit risk ARM securities and loan markets, and periodically raising new capital and deploying it consistent with its business strategy. As a real estate investment trust (REIT), TMA distributes substantially all of its income to shareholders in the form of dividends. The company had assets of $4.7 billion and 20,279,752 common shares outstanding on Dec. 31, 1997. | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |