Thornburg Mortgage News

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Entries are being sought for the third annual Jeff Harnar Award for Contemporary Architecture.

Venture capitalist says he's 'flush with cash' and working through the issues in face of possible foreclosures Tom Sharpe Santa Fe venture capitalist Charles Kokesh's financial empire continues to founder while his son, Adam Kokesh, looks to run for the U.S. House of Representatives.

Earlier this month two of the largest mortgage originators of the U.S. housing boom went belly up, filing for Chapter 11 protection from creditors after taking a twin pummeling by the housing slump and credit crisis.

The amount that Thornburg Mortgage owes the Rodey Law Firm is much smaller than reported in a story and accompanying list in Saturday's edition of The New Mexican.

In a May 2 story about Thornburg Mortgage Inc. filing for Chapter 11 bankruptcy protection, The Associated Press erroneously reported the amount the company owes the Rodey Law Firm as $2.3 million.

Santa Fe picked a tough time to get into big-time real estate development. The City Different has three major projects on tap that will broaden its office and retail landscape.

Thornburg Mortgage Inc. has filed a petition for Chapter 11 bankruptcy protection in a Maryland court.

Thornburg Mortgage, a U.S. provider of "jumbo" mortgage loans, filed for Chapter 11 bankruptcy protection Friday and said it plans to wind down and sell off key units.

Americans are spending less on luxuries these days. That includes luxury houses.

The new Thornburg campus, home of Thornburg Investment Management, opens Friday in Santa Fe.

Even if GDP growth resumes soon, companies will continue to default on debt. Expect a lot of high yield flame-outs. Riviera Holdings and Panolam Industries were among the seven companies that defaulted on their debt payments last week, a trend that's likely to worsen.

Three interconnected sections create the Thornburg Campus, with a combined 100,000 square feet of office space, two courtyards, and three rooftop gardens on 7 acres - " all for more than 350 employees in an environmentally sensitive, landmark building.

G-20 get down to business. The G-20 summit kicks off today, with protesters set to march in London and amid new reports that suggest the global economic slide may be easing .

Andrew Jeffery Apr 02, 2009 9:50 am Countrywide was to subprime lending what Thornburg Mortgage was to jumbo-prime. Now, both are out of business.

While politicians continue to talk about the need to keep people in their homes, maybe we should examine the results of loan-modification efforts thus far.

Santa Fe-based Thornburg Mortgage laid off all of its 130 employees on Friday morning.

Thornburg Mortgage, which specialized in loaning jumbo mortgages to buyers of expensive homes, announced bankruptcy Wednesday.

Thornburg Mortgage Inc. said Wednesday that it expects to file for bankruptcy protection, ending a fight for survival that began more than a year ago, when the Santa Fe, N.M., jumbo lender and real estate investment trust was hit with margin calls it could not meet.

Credit Suisse Group AG is seeking to sell more than $1.7 billion of mortgage securities that were previously owned by Thornburg Mortgage Inc.