In the Crosshairs Today: Thornburg Mortgage

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 · Thornburg Pays Collateral Owed to Wachovia. Thornburg Mortgage Inc., the jumbo mortgage specialist sued by the Wachovia Corporation last week, said yesterday that it repaid the $5.1 million in collateral that was the basis of the bank’s litigation. “As promised, today Thornburg Mortgage paid Wachovia $5.1 million to meet its obligation in full,

Last week, it agreed to pay a $1 billion fine over claims of misconduct in its auto and mortgage lending businesses. At the core of DOL’s investigation is the way Wells Fargo handles its clients’.

SEC Charges Three Mortgage Executives With Fraudulent Accounting Maneuvers in Midst of Financial Crisis. Thornburg was late in meeting the margin calls from at least three lenders and received a reservation of rights letter from one confirming that Thornburg was in violation of its lending agreement and could be declared in default at any time.

In the Crosshairs Today: Thornburg Mortgage The NLRB’s controversial 2015 Browning-Ferris decision greatly expanding the definition of "joint-employer" to include those employers who exert only indirect control over employees may not be around much longer, as House Republicans are attempting to use the power of the purse to rein in the Board.

Why Thornburg Mortgage Will Survive. The measure was approved during the June shareholders meeting. Then the holders of several classes of Preferred Stock shares had to agree to tender at least 2/3 of the outstanding shares in exchange for $5.00 per share (they were issued at $25.00) and 3 shares of the now penny-stock common.

Optimal Blue automates the entire secondary marketing process LoanLogics and Optimal Blue Join Forces to Automate Loan. – Trevose, PA | October 1, 2018 LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, and Optimal Blue, the leading secondary marketing automation platform in the mortgage industry, announced today a newly formed strategic partnership aimed at changing the digital correspondent experience.

Orrick, Herrington & Sutcliffe and corporate partner Karen Dempsey have settled a suit filed by the bankruptcy trustee for Thornburg Mortgage over legal advice provided to executives of the.

Thornburg Mortgage (TMA) today raised 0 Million in a cumulative convertible redeemable Preferred Stock Offering. The preferred shares were priced at $25 with a 10% dividend. The dividend will be.

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In the Crosshairs Today: Thornburg Mortgage The NLRB’s controversial 2015 Browning-Ferris decision greatly expanding the definition of "joint-employer" to include those employers who exert only indirect control over employees may not be around much longer, as House Republicans are attempting to use the power of the purse to rein in the Board.

Swatch is the latest brand owner to fall in the crosshairs of fitness company Sportbrain, which claims the Swiss company’s smartwatch infringes one of its patents.