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Thornburg Mortgage Names CEO, Reinstates DividendThis is a discussion on Thornburg Mortgage Names CEO, Reinstates Dividend within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Thornburg Mortgage said Tuesday that it promoted its chief operating officer to CEO and reinstated a quarterly dividend despite ongoing ... |
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| Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower. |
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12-18-2007, 01:38 PM
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Thornburg Mortgage Names CEO, Reinstates Dividend
Thornburg Mortgage said Tuesday that it promoted its chief operating officer to CEO and reinstated a quarterly dividend despite ongoing turmoil in the mortgage market.
More... (Source: Google Blog Search) 
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| ceo, dividend, mortgage, names, reinstates, thornburg |
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