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Thornburg Mortgage
Recent blogs below | Click for stories from the newspaper

...e of Santa Fe's Thornburg Mortgage and Charter Bank "a tragedy for our state. We've lost two good institutions. I don't want to lose ...
03-02-10
...off of bankrupt Thornburg Mortgage's $11 billion mortgage servicing portfolio. The court-appointed trustee now running the Santa...
12-21-09
...er. Two former Thornburg Mortgage executives have agreed to return two laptop computers and boxes of records they took when they lef...
12-01-09
... for the former Thornburg Mortgage has gone to court to try to force two of the company's former executives to turn over two computer...
11-25-09
...SANTA FE -- Thornburg Mortgage is going after its own longtime executives with a list of charges including accusations of "self-deal...
10-12-09
...month, longtime Thornburg Mortgage president and CEO Larry Goldstone and Clarence Simmons, the company's chief financial officer,...
10-06-09
...maining assets. Thornburg Mortgage said in a statement this morning that it plans to file for Chapter 11 bankruptcy and then go out o...
04-01-09
... Santa Fe-based Thornburg Mortgage was buoyed Tuesday after the Federal Reserve made up to $200 billion in cash available to cash-str...
03-12-08


Albuquerque Journal newspaper stories

1. ABQJOURNAL NORTH: Ex-Execs Accused of Fraud

... Fraud By Winthrop Quigley Copyright © 2010 Albuquerque Journal Journal Staff Writer           A court-appointed bankruptcy trustee says four former Thornburg Mortgage executives, aided by their lawyer, engaged in an almost yearlong conspiracy to defraud the Santa Fe-based lender and should be required ...
full story

2. ABQJOURNAL NEWS/STATE: Ex-Execs Accused of Fraud

... Fraud By Winthrop Quigley Copyright © 2010 Albuquerque Journal Journal Staff Writer           A court-appointed bankruptcy trustee says four former Thornburg Mortgage executives, aided by their lawyer, engaged in an almost yearlong conspiracy to defraud the Santa Fe-based lender and should be required ...
full story

3. ABQJOURNAL BIZ: Feds' Arbitrary Bank Regulation Decried

... histories, have well-secured loans and own property that justifies the loan value, he said.         Verant called the failure of Santa Fe's Thornburg Mortgage and Charter Bank "a tragedy for our state. We've lost two good institutions. I don't want to lose any more."         Jerry Walker ...
full story

4. ABQJOURNAL NORTH: Thornburg Contributes To Schools Despite Woes

... tax free. The property is leased back to a Thornburg subsidiary for the term of the bonds.         Last year, part of the Thornburg Cos. — Thornburg Mortgage — filed for bankruptcy.         The mortgage company failed as part of the worldwide crash in mortgage-backed securities, and its ...
full story

5. ABQJOURNAL BIZ/METCALF: Latest chapter in bankruptcies

... company doesn't have to file for bankruptcy court protection in the state where its operations are based. For example in 2009, Santa Fe-based Thornburg Mortgage filed its Chapter 11 bankruptcy in Maryland.         The bankruptcy world turned topsy-turvy in 2005 when the Bankruptcy Abuse and Consumer ...
full story

6. ABQJOURNAL BIZ: Latest chapter in bankruptcies

... company doesn't have to file for bankruptcy court protection in the state where its operations are based. For example in 2009, Santa Fe-based Thornburg Mortgage filed its Chapter 11 bankruptcy in Maryland.         The bankruptcy world turned topsy-turvy in 2005 when the Bankruptcy Abuse and Consumer ...
full story

7. ABQJOURNAL BIZ: Judge Clears Thornburg Mortgage Sell-Off

Tuesday, December 22, 2009 Judge Clears Thornburg Mortgage Sell-Off Journal Staff Report        A federal judge in Maryland has approved the sell-off of bankrupt Thornburg Mortgage's $11 billion mortgage servicing portfolio.     The court-appointed trustee now running the Santa Fe-based company had ...
full story

8. ABQJOURNAL NORTH: Sale of Thornburg Portfolio Gets OK

... 19, 2009 Sale of Thornburg Portfolio Gets OK Journal Staff Report           A federal judge in Maryland on Friday approved the sell-off of bankrupt Thornburg Mortgage's $11 billion mortgage servicing portfolio.         The court-appointed trustee now running the Santa Fe-based company had asked ...
full story

9. ABQJOURNAL NORTH: Ex-Thornburg Executives Agree To Return Laptops

Tuesday, December 01, 2009 Ex-Thornburg Executives Agree To Return Laptops By Mark Oswald Of the Journal       Two former Thornburg Mortgage executives have agreed to return two laptop computers and boxes of records they took when they left the bankrupt Santa Fe company.        Joel Sher, a Baltimore ...
full story

10. ABQJOURNAL NORTH: Former Executives Seen Removing Items

Wednesday, November 25, 2009 Former Executives Seen Removing Items By Jackie Jadrnak Of the Journal       The trustee for the former Thornburg Mortgage has gone to court to try to force two of the company's former executives to turn over two computers and about 40 boxes of materials.        Larry ...
full story

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