Financial Services >> CEO Interviews >> November 26, 2003

Larry Goldstone – Thornburg Mortgage Inc (tma)

LARRY GOLDSTONE is President and Chief Operating Officer of Thornburg Mortgage, Inc. As a Founder of Thornburg Mortgage, Inc., he oversees all day-to-day operations of the company, from mortgage portfolio management to marketing. Before joining Thornburg, Mr. Goldstone was Senior Vice President and Treasurer of Downey Savings and Loan, where he was responsible for cash and liquidity management, mortgage portfolio management, secondary marketing and interest rate risk management. Prior to that, Mr. Goldstone held a variety of increasingly responsible positions at Great America Bank, including manager in the Treasury and Mortgage Portfolio Management Departments, as well as Senior Vice President. During his tenure at Great America Bank, Mr. Goldstone was responsible for the management and trading of a $3 billion mortgage- backed securities portfolio and was instrumental in structuring over $1 billion of privately and publicly issued adjustable and variable-rate mortgage-backed securities. Mr. Goldstone has extensive experience in all facets of mortgage finance, interest rate risk management and hedging. He holds a BA in Economics from New Mexico State University and an MBA from the University of Arizona. Profile
TWST: Can we begin with an introduction to the company?

Mr. Goldstone: Thornburg Mortgage today is a single-family residential

mortgage lender. We are more of a niche lender than a