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Home » Store » News » Subprime REITs Continue to Falter, but Jumbo Focus Helps Thornburg Mortgage Prosper

Subprime REITs Continue to Falter, but Jumbo Focus Helps Thornburg Mortgage Prosper

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With New Century Financial in bankruptcy and NovaStar Financial set to drop its real estate investment trust status, 2007 is looking like the final chapter for the once high-flying subprime REIT concept. But Thornburg Mortgage is thriving as a REIT by focusing...
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