Shares of Thornburg Mortgage Asset Corp. plummeted 47% to close at $7.61 Tuesday before rebounding 25% to $9.48 in AH trading after the REIT announced it is delaying a dividend payment because of margin calls. Payment of Thornburg’s Q2 <Sources: Press release, MarketWatch, Reuters
Commentary: Thornburg Mortgage’s ‘Unprecedented’ Moratorium on Locking • Tuesday’s Analyst Upgrades and Downgrades
Stocks/ETFs to watch: TMA, CFC, IMB, FNM, FRE, WFC. ETFs: DON, REM

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