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Author Topic: watchTMA!! should pop BIG on news!!
madmoney
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Thornburg raises $1.44B to relaunch loans
Residential mortgage lender announces deal backed by ARMs; amount is enough to let firm repay what it owes and start issuing mortgages again. -------------- closed friday at 11.78 on low volume, watch for a gap up.
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madmoney
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gapping up nicely!!! [Big Grin]
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ed19363
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Yeah, that's fine, but just remember all the mortgage troubles are NOT over. I'm betting right now that if they declare any kind of dividend for this quarter it will be significantly less than it has been in previous quarters. It's going to take a long time for the mortgage stocks to make a come-back.
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