The top executives at Thornburg Mortgage Asset Corp. have been
Last week, H. Garrett Thornburg Jr., chief executive of the Santa Fe,
The executives acted after Joe Jolson, an analyst with Montgomery
After the Fed pushed interest rates up a quarter of a point on March 25,
Part of the investor concern may stem from the fact that the company's
At that time, the recently formed company held unseasoned portfolios
"Now, we're much better positioned," he said. "Only 2% of our loans
In addition, Mr. Story said that he did not expect interest rates to
Company insiders have been snapping up stock in recent weeks to take
Thornburg is working to develop relationships with mortgage originators,
The company is hoping to eventually compete with Fannie Mae and Freddie
"Because of our operating-cost structure, we can purchase loans at a