The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Real Estate > REIT - Mortgage Investment > Thornburg Mortgage, Inc.

Thornburg Mortgage, Inc.
NYSE: TMA
Change
symbol:
     
 PROFILE
Thornburg Mortgage is a real estate investment trust (REIT) that buys adjustable-rate mortgages (ARMs) originated and serviced by other lenders. Thornburg has more than 95% of its assets in short-term investments and high-quality ARM securities (either government-guaranteed or AA-rated or higher). Thornburg generates income primarily from the difference between the interest income of its ARM assets and the costs associated with acquiring and holding them (primarily borrowing costs). The REIT has added mortgage origination capabilities through its Thornburg Mortgage Home Loans subsidiary; the subsidiary is licensed in 19 states and plans to expand nationwide.

 COMPETITION
Fannie Mae (FNM)
Freddie Mac (FRE)
Wells Fargo & Company (WFC)

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 290.30
1-Yr. Sales Growth: 11.5%

 KEY PEOPLE
• H. Garrett Thornburg
    CEO
• Richard P. Story
    CFO

 CONTACT INFO
119 E. Marcy St.
Santa Fe, NM 87501
US
Phone: 505-989-1900
Fax: 505-989-8156
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001