Types Of Bankruptcy

Fee-free mortgage deals on offer  The range includes a two-year fixed rate with no application fee at 4.89 per cent and a five-year fixed at 4.99 per cent.read more...


Mortgage rates hit 3-month high  A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.34 discount and origination points.Commentread more...


Sheriff sales on rise in Venango  Sheriff sales on rise in Venango By JUDITH O. ETZEL A brick home at 215 Bissell Ave.read more...


Chinatown Plaza Sells for $25 Million  Chinatown's Dynasty Center on the 800 block of North Broadway was sold last week to a private investor for $25.3 million, according to real estate firm Grubb & Ellis.via


Taxpayer will give £1bn to help first-timers get a mortgage (Telegraph.co.uk)  Up to £1 billion of taxpayers' money is to be spent subsidising mortgages to help first-time buyers own their home, Gordon Brown is to announce.via


Tax panel seeks cap on break for homeowners  All Financial Times News The president's panel on tax reform is pushing for a cap on the mortgage interest tax deduction, long considered one of the country's untouchable tax breaks.read

June 7th, 2005

Thornburg Mortgage Raises $123.2 Million in Equity Offering (Business Wire via Yahoo! Finance)

Thornburg Mortgage, Inc. announced today that it priced a follow-on offering of 4,000,000 shares of common stock at $30.80 per share. Gross proceeds from the transaction were $123.2 million and will be primarily used to fund adjustable-rate loans originated by the company and to purchase additional adjustable-rate mortgage securities.

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