Thornburg Mortgage receives court approval to change name to TMST

By Jennifer Lanning Drey

Portland, Ore., July 27 - Thornburg Mortgage, Inc. received court approval to change its name to TMST, Inc., as requested by Thornburg Mortgage Advisory Corp., according to a Friday filing with the U.S. Bankruptcy Court for the District of Maryland.

According to the motion, TMAC has the right to request that the company legally change its name to not include the word "Thornburg" under an amended and restated management agreement signed in January 2009.

Thornburg, a Santa Fe, N.M., lender specializing in jumbo mortgages, filed for bankruptcy on May 1. Its Chapter 11 case number is 09-17787.

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