Items Tagged with 'CashCall Mortgage'

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  • Canary in the coal mine? Impac mortgage originations plummet in second quarter

    Originations fall 42% from last year thanks to rising rates
    Mortgage interest rates may have fallen ever so slightly in the last week, but on the whole, they’re on the way up and have been for quite some time. And the rising interest rate environment is hitting one lender quite hard. Impac Mortgage, which also operates CashCall Mortgage, revealed late Wednesday that its mortgage originations plummeted in the second quarter.
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  • Impac Mortgage CEO and Chairman Joseph Tomkinson is stepping down

    Company expects to name George Mangiaracina as new CEO
    Joseph Tomkinson, the CEO and chairman, of Impac Mortgage Holdings, is stepping down later this year, the company announced recently. Tomkinson has led the company since it went public in 1995. Impac said that it expects to elevate George Mangiaracina, who it recently named president, to CEO when Tomkinson steps down.
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