Margin Calls Threaten Two Mortgage Companies/Investors
March 7th, 2008
The Carlyle Fund announced this week that it had failed to meet margins calls on its $21.7 billion portfolio.
The second company, Thornburg Mortgage, Inc also announced this week that it was facing default as it failed to meet "a substantial number" of...
See also:
- Thursday’s Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report (July 17th, 2008)
- U.S. Jobless Claims Rise to 366K in Week Ending July 12 (July 17th, 2008)
- U.S. Housing Starts and Building Permits Soar in June (July 17th, 2008)
- Fed’s Kroszner Says Fed Rules Will Affect Subprime and Alternative Mortgages (July 17th, 2008)
- Higher U.S. CPI, FOMC Minutes Lead to Greater Chance of Rate Hike (July 16th, 2008)