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rfj1862

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rfj1862

Re: None

Sunday, 10/07/2007 8:26:19 PM

Sunday, October 07, 2007 8:26:19 PM

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TMA

Anyone have any thoughts about TMA? Yields 20%. I'm a little torn because they are a single-family residential mortgage lender (which is bad) but they lend to top income bracket sorts, which should be significantly lower risk than lending to those of us at the bottom of the barrel.

Also some analyst (can't remember who--desperately searching for the link) noted that TMA is worth about $16 if sold. I need to do my own DD, but it's a promising start.
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