Skip to main content

U.S. Bank donates $100,000 to charity in honor of award winners

National Mortgage Professional
Feb 06, 2007

Thornburg Mortgage reports 2006 EPS of $2.58MortgagePress.comThornburg Mortgage financial statements Thornburg Mortgage Inc. has reported that its net income before preferred stock dividends for 2006 was $297.7 million ($2.58 per common share), as compared to $282.8 million ($2.79 per common share) for 2005. Its annual mortgage originations increased 13 percent over 2005 to $5.6 billion and its assets increased 24 percent over 2005 to $52.7 billion. "Our strategy has always been to maintain a focus on only originating and/or acquiring excellent credit quality adjustable-rate mortgage assets, hedging our borrowing to offset interest rate fluctuations and utilizing an array of asset acquisition, financing and capital strategies," said Thornburg Chairman and CEO Garret Thornburg. "As a result, our 2006 performance was solid and we sustained the dividend." Santa Fe, N.M.-based Thornburg Mortgage Inc. is a single-family residential mortgage lender specializing in the jumbo segment of the adjustable-rate mortgage market. For more information, call (505) 989-1900 or visit www.thornburgmortgage.com.
Published
Feb 06, 2007
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Operations
Jan 09, 2023