Top 12 Largest Bankruptcies in US History

Page 2 of 11

No.10 Thornburg Mortgage

thornburg

Thornburg Mortgage, a company specialized in offering mortgage loans, filed for bankruptcy in 2009, with assets before the filing worth $36.5 billion. The main cause of the collapse of Thornburg Mortgage is the decline in the house sales, which caused a depreciation of mortgages issued by the company.

Page 2 of 11