Thornburg Mortgage Announces Appointment of Two Assistant Vice Presidents

Apr 26, 2001, 01:00 ET from Thornburg Mortgage, Inc.

    SANTA FE, N.M., April 26 /PRNewswire/ -- Thornburg Mortgage, Inc.
 announced today the appointment of two new Assistant Vice Presidents, Leanne
 L. Gallagher, Investor Relations Manager and Allison L. Machi, Senior Account
 Manager for the Correspondent Division.
     Ms. Gallagher joined Thornburg Mortgage in December 2000 as an Assistant
 Vice President and Investor Relations Manager.  Previously, she spent over
 seven years with Security Capital Group, in various capacities, most recently
 as Vice President of Security Capital Markets Group in both Santa Fe and
 Chicago.  "Ms. Gallagher adds a significant amount of experience in Investor
 Relations and Financial Services Marketing that will mesh nicely with our
 operations," stated Larry Goldstone, president and chief operating officer of
 the company.
     Allison Machi joined Thornburg Mortgage in February 2000 as a Senior
 Account Manager for the company's Correspondent Division, and is based in
 Atlanta, Georgia.  Previously, Ms. Machi spent twelve years in the Mortgage
 Banking industry, most recently as Bulk Transaction and Product Development
 Manager at Summit Bank in Cranford, New Jersey.  "Ms. Machi has proven herself
 to be a valuable relationship manager in building our Correspondent Division,"
 said Ron Chicaferro, President of Thornburg Mortgage's Home Loans, Inc., a
 wholly owned subsidiary of the company.
     Thornburg Mortgage is a fully integrated mortgage acquisition company with
 a portfolio of over $4 billion of high credit quality adjustable-rate mortgage
 assets, designed to provide attractive dividend income and moderate growth for
 its shareholders.  Since listing on the NYSE in 1993, the company has expanded
 the scope of its mortgage activities from investing solely in mortgage-backed
 securities, to also include the acquisition of large packages of whole loans,
 loans acquired through the company's network of correspondent lenders, and
 most recently, loans acquired through the company's direct lending capability.
 For more information, visit the company's website at http://www.thornburg.com.
     Thornburg Mortgage is one of the Thornburg Companies, which include
 Thornburg Investment Management, an investment firm with over $4 billion in
 assets in eleven mutual funds and separately managed portfolios, and Thornburg
 Realty Advisors, LLC, a real estate advisory firm that facilitates the
 charitable gifting of mortgaged commercial real estate assets through tax
 advantaged structures.  The Thornburg Companies share three hallmarks:  high
 quality operations, a disciplined approach to managing investments and
 controlling risk, and innovative strategies for achieving investors' goals.
 
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SOURCE Thornburg Mortgage, Inc.
    SANTA FE, N.M., April 26 /PRNewswire/ -- Thornburg Mortgage, Inc.
 announced today the appointment of two new Assistant Vice Presidents, Leanne
 L. Gallagher, Investor Relations Manager and Allison L. Machi, Senior Account
 Manager for the Correspondent Division.
     Ms. Gallagher joined Thornburg Mortgage in December 2000 as an Assistant
 Vice President and Investor Relations Manager.  Previously, she spent over
 seven years with Security Capital Group, in various capacities, most recently
 as Vice President of Security Capital Markets Group in both Santa Fe and
 Chicago.  "Ms. Gallagher adds a significant amount of experience in Investor
 Relations and Financial Services Marketing that will mesh nicely with our
 operations," stated Larry Goldstone, president and chief operating officer of
 the company.
     Allison Machi joined Thornburg Mortgage in February 2000 as a Senior
 Account Manager for the company's Correspondent Division, and is based in
 Atlanta, Georgia.  Previously, Ms. Machi spent twelve years in the Mortgage
 Banking industry, most recently as Bulk Transaction and Product Development
 Manager at Summit Bank in Cranford, New Jersey.  "Ms. Machi has proven herself
 to be a valuable relationship manager in building our Correspondent Division,"
 said Ron Chicaferro, President of Thornburg Mortgage's Home Loans, Inc., a
 wholly owned subsidiary of the company.
     Thornburg Mortgage is a fully integrated mortgage acquisition company with
 a portfolio of over $4 billion of high credit quality adjustable-rate mortgage
 assets, designed to provide attractive dividend income and moderate growth for
 its shareholders.  Since listing on the NYSE in 1993, the company has expanded
 the scope of its mortgage activities from investing solely in mortgage-backed
 securities, to also include the acquisition of large packages of whole loans,
 loans acquired through the company's network of correspondent lenders, and
 most recently, loans acquired through the company's direct lending capability.
 For more information, visit the company's website at http://www.thornburg.com.
     Thornburg Mortgage is one of the Thornburg Companies, which include
 Thornburg Investment Management, an investment firm with over $4 billion in
 assets in eleven mutual funds and separately managed portfolios, and Thornburg
 Realty Advisors, LLC, a real estate advisory firm that facilitates the
 charitable gifting of mortgaged commercial real estate assets through tax
 advantaged structures.  The Thornburg Companies share three hallmarks:  high
 quality operations, a disciplined approach to managing investments and
 controlling risk, and innovative strategies for achieving investors' goals.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X86363546
 
 SOURCE  Thornburg Mortgage, Inc.