American Mortgage News

SANTA FE, N.M.--(BUSINESS WIRE)--Thornburg Mortgage, Inc. (NYSE: TMA) announced a fourth quarter dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Preferred Stock. This dividend is payable on January 15, 2007 to Series C shareholders of record as of December 29, 2006. The ex-dividend date is December 27, 2006.

What a surprise. They grew too fast and evidently buy backs were an issue.

Here is the real meaning of this story- there is almost no asset value to a wholesale lender.

Why shut it down? Why not scale it back, tighten guidelines?

IRVINE, Calif., Dec. 5 /PRNewswire-FirstCall/ -- ECC Capital
Corporation (NYSE: ECR), a mortgage finance real estate investment trust
(REIT) that originates and invests in residential mortgage loans, today

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus (NYSE: SNV), the Columbus, Georgia-based diversified financial services company, today announced a quarterly cash dividend of $0.1950 per share. The cash dividend is payable on January 2, 2007, to Synovus shareholders of record as of the close of business on December 21, 2006.