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TMA The Market Age

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Share Name Share Symbol Market Type Share ISIN Share Description
The Market Age LSE:TMA London Ordinary Share GB0009256867 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Thornburg Mortgage Launches New Website for Collateral Analysis of MBS Securitizations

25/10/2005 9:43pm

PR Newswire (US)


The Market Age (LSE:TMA)
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Thornburg Mortgage employs Lewtan Technologies' ABS Discloser platform for in- depth analysis and static pool performance tracking SANTA FE, N.M., Oct. 25 /PRNewswire/ -- Thornburg Mortgage, Inc. (NYSE: TMA) and Lewtan Technologies, Inc. ("Lewtan") today announced that Thornburg Mortgage launched a new investor website utilizing the ABS Discloser infrastructure for in-depth collateral analysis. The website provides investors, credit enhancers and other market participants with detailed collateral-level performance data for $13 billion in Thornburg Mortgage MBS transactions. The new site also incorporates static pool tracking capabilities and the ability to drill down into the stratifications of each transaction. To access the site, individuals may go to http://www.thornburgmortgage.com/ and select the MBS Performance tab. Thornburg Mortgage is a nationwide single-family residential mortgage lender with $39.6 billion in assets focused principally on the jumbo segment of the adjustable-rate mortgage market. ABS Discloser improves the marketability and transparency of ABS transactions by illuminating deal performance and leveraging proven web technologies. The static pool functionality reveals how delinquencies, losses and prepayments develop over time for a discrete group of loans. The Thornburg Mortgage website will provide dynamic capabilities to drill down into different aggregations of loan-level data and view statistics based on investor-defined parameters. ABS Discloser also provides a robust static pool filing solution to meet the requirements of the new SEC Reg AB -- a significant area of focus for ABS issuers who must be in compliance by January of 2006. "We are very pleased to provide investors with an analytic tool that will allow them to assess with precision how the collateral pools of our securitizations are performing," said Deborah Burns, Senior Vice President of Mortgage Loan Securitization at Thornburg Mortgage. "Our goal is to provide investors with real transparency as it relates to the quality of our collateral, and Lewtan's ABS Discloser utilizes leading-edge technology to help us achieve that goal." "Thornburg Mortgage is poised to be a nationwide leader in the single- family, jumbo adjustable-rate mortgage market and we are very pleased that they have chosen ABS Discloser to support their ABS investor relations activity," said Stuart Lewtan, CEO of Lewtan Technologies. About Thornburg Mortgage Thornburg Mortgage is a leading single-family residential mortgage lender focused principally on the jumbo segment of the adjustable rate mortgage market. Backed by a balance sheet of $39.6 billion in high quality assets, the company seeks to deliver attractive dividend income and steady growth for its shareholders by acquiring high quality mortgage-backed securities and growing its share of the mortgage loan origination business. Capitalizing on its innovative portfolio lending model, REIT tax structure and leading edge technology, Thornburg Mortgage is a highly efficient provider of specialized mortgage loan products for borrowers nationwide with excellent credit, and is positioned to become one of the top 50 mortgage lenders in the country. We invite you to visit the company's website at http://www.thornburgmortgage.com/. About Lewtan Technologies Lewtan Technologies, Inc.(C) is the leading provider of information and technology solutions to the global asset securitization industry. More than 250 institutions rely on Lewtan Technologies' solutions such as ABSNet, now the leading resource for ABS intelligence and surveillance in the global market. Lewtan also provides new European Cash Flow Models on ABSNet for multi-scenario deal analysis. ABS Discloser provides issuers with improved deal transparency and marketability, while Lewtan's ABS System automates an issuer's securitization administration and reporting process. In 2001, Lewtan and Deutsche Bank Corporate Trust launched iCDO, a full-service, Web-based transaction management system for issuers of collateralized debt obligations (CDO's). Lewtan Technologies has twice been awarded the International Securitisation Report's "Global Technology Provider of the Year" award. More information is available at http://www.lewtan.com/. Contact: Leanne Gallagher George Henman Thornburg Mortgage, Inc. Lewtan Technologies, Inc. 505.989.1900 781.672.1230 http://www.thornburgmortgage.com/ http://www.lewtan.com/ DATASOURCE: Lewtan Technologies, Inc. CONTACT: Leanne Gallagher of Thornburg Mortgage, Inc., +1-505-989-1900; or George Henman of Lewtan Technologies, Inc., +1-781-672-1230 Web site: http://www.lewtan.com/ http://www.thornburgmortgage.com/

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