Industry News

Losses mount for Impac Mortgage Holdings

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

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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 ...

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