In 1988 National Thrift News won the Polk Award in Financial Reporting[1] for its coverage of the savings and loan crisis; in September 1987 it had been the first media outlet to break the Keating Five story.

[2] In 1989, it was the first to report on political considerations having delayed the closing of the Neil Bush-directed Silverado Savings and Loan in Denver.

[3] Subsequently, as thrift institutions began failing, it changed its name to National Thrift and Mortgage News,[3] and then in 1992 to National Mortgage News.

In 1995 Faulkner and Gray, which itself was part of the Thomson Corporation, acquired National Mortgage News.

After a reorganization in 2000, the paper became part of Thomson Media, which in turn was sold by its parent company to Investcorp and renamed SourceMedia.