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Items Tagged with 'Impac Mortgage Holdings'


Impac comes roaring back

Stock soars on earnings news
Ben Lane
A tremendously positive earnings report sent Impac Mortgage Holdings’ stock soaring on Friday. The company isn't back to its pre-crisis heights, but it's on its way.
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Impac reveals latest mortgage lending expansion

Acquires CashCall’s mortgage operations
Brena Swanson
Impac Mortgage finally put a name to the company it has been in talks to acquire. This is just the latest growth from Impac as it strategizes for 2015’s changing mortgage lending environment.
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Non-Qualified Mortgage lending boosts Impac's 3Q earnings

Records 98% increase in origination volumes
Brena Swanson
“Early indications are very positive for the growing of our Alt-QM pipeline. We believe this will be further strengthened by the recent commitment by several large retail originators, to roll out these products through year end and during the first quarter of 2015,” said Joseph Tomkinson, chairman and CEO of Impac Mortgage Holdings.
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Here's the key to Impac's strong second quarter

Wholesale and correspondent originations increase 38%
Brena Swanson
Impac Mortgage Holdings reported second-quarter net earnings of $82 thousand or $0.01 per diluted common share after reporting a net loss last quarter, and it was one key element that helped drive lending volume forward.
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Impac Mortgage reports net loss of $3 million for 1Q 2014

Sharp decline in overall mortgage volume but correspondent channel up
Sarah Wheeler

Originations decreased 48% from the first quarter of 2013, down to $353.1 million. Impac attributes most of that to the sale of their brick and mortar branches at the end of last year, which accounts for $180 million of the decline.

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Markets mostly unchanged on second to last day of 2013 trading

HW 30 components mostly up, but index pulled down by one stock
Trey Garrison
Housing stocks were mostly up on what has been a solid year of recovery in housing, but traders were still not happy about Impac's decision to cut staff and physical locations to focus more on its online services.
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HW 30 finishes week higher

Trulia is the big jumper with its stock up 8.52%
Brena Swanson
After a roller-coaster week in housing, the HW 30 finished up a slight 0.12% Friday, with Trulia posting the largest gain as its stock soared 8.52%.
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Impac Mortgage Holdings to sell AmeriHome Mortgage Corp.

Deal arrives as the mortgage landscape shifts
Kerri Ann Panchuk
Impac Mortgage Holdings announced a deal to sell its AmeriHome Mortgage Corp. subsidiary. The transaction comes at a time when the firm says it's navigating through a "challenging mortgage market."
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Impac chooses new REO management software

HousingWire Staff
Impac Mortgage Holdings (IMH) has selected a new REO process and property management solution from Default Servicing Technologies, the companies said in a statement Thursday. The platform, called DispoSolutions, is a cloud-based REO management software platform that offers property management tools, along with task, date, and closing organization.
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Impac Mortgage Holdings re-enters the warehouse lending business

The sea change continues with firms moving into warehouse, correspondent lending
Lender Impac Mortgage Holdings is the latest firm to shake up its lending operations by announcing plans to re-enter the residential warehouse lending business through a new division, Impac Warehouse Lending.
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