Industry News

Losses mount for Impac Mortgage Holdings

Loan volume plummets after REIT halts Alt-A loans
Published on Aug 15, 2007

Watch Connect NYC 2017 Live
Tune in live as the best and brightest explain how to execute and grow your business from the main stage of Connect.

Losses continued to mount for former Alt-A lender Impac Mortgage Holdings Inc., hitting $152 million during the second quarter, up 25 percent from $122 million the previous quarter. Losses for the year to date for the Irvine, Calif.-based lender totaled ...