Thornburg Mortgage

Thornburg Mortgage was a United States real estate investment trust (REIT) that originated, acquired and managed mortgages, with a specific focus on jumbo and super jumbo adjustable rate mortgages. The company experienced financial difficulties related to subprime mortgage crisis in 2007 and filed for bankruptcy on April 1, 2009. It was founded in 1993 and prior to its failure it was a publicly traded corporation headquartered in Santa Fe, New Mexico. It got caught up in the Financial crisis of 2007–2010 when it moved from a passive REIT to wholesale origination of mortgages in 2006.

Thornburg Mortgage

Thornburg Mortgage was a United States real estate investment trust (REIT) that originated, acquired and managed mortgages, with a specific focus on jumbo and super jumbo adjustable rate mortgages. The company experienced financial difficulties related to subprime mortgage crisis in 2007 and filed for bankruptcy on April 1, 2009. It was founded in 1993 and prior to its failure it was a publicly traded corporation headquartered in Santa Fe, New Mexico. It got caught up in the Financial crisis of 2007–2010 when it moved from a passive REIT to wholesale origination of mortgages in 2006.