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Loan Modification

: Mortgage Lender Implode-o-Meter

Update: Thornburg Mortgage files Chapter 11 BK

By Implode-Explode Heavy Industries

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"On May 1, 2009, Thornburg Mortgage, Inc. filed for Chapter 11 bankruptcy protection to commence an orderly sale and liquidation of our remaining assets in order to maximize any remaining value for our bondholders and creditors. Once these sales and liquidations are completed, we will discontinue operations."

Full post as published by Mortgage Lender Implode-o-Meter on May 04, 2009 (boomark / email).

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