Troubled Santa Fe-based Thornburg Mortgage was buoyed Tuesday after the Federal Reserve made up to $200 billion in cash available to cash-strapped financial institutions, rocketing up 120 percent from Monday's 71 cents a share to close on Tuesday at $1.56 a share, according to this morning's Albuquerque Journal.

The rally was continuing this morning as shares were selling for $3.30 after opening at $2.03, according to the latest from The Associated Press.

Thornburg, which has faced questions about its survival in recent days, was trading at about $9 a share earlier this month and was at more than $28 last year before a crisis in sub-prime loans shook the mortgage market, the Journal reported this morning.

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