Impac Mortgage Holdings, Inc.

Impac Mortgage Holdings, Inc. (IMHI) is an independent residential mortgage lender. It originates standard mortgage loans eligible for sale to the US government-sponsored enterprises, including Freddie Mac, Fannie Mae, and government-insured mortgage loans eligible for government securities issued through Ginnie Mae. The company offers retail lending and focuses on consumers with programs for both purchase transaction and refinancing; wholesale lending, which originates loans sourced from mortgage brokers; correspondent lending that acquires closed loans from approved correspondent sellers; and warehouse lending that provides funding facilities to approved lenders. The company also conducts the management of the securitized long-term mortgage portfolio and provides loss mitigation and real estate services. IMHI is headquartered in Irvine, California, the US.The company reported revenues of (US Dollars) US$138.7 million for the fiscal year ended December 2017 (FY2017), a decrease of 53.4% over FY2016. The operating loss of the company was US$19 million in FY2017, compared to an operating profit of US$59.7 million in FY2016. The net loss of the company was US$31.5 million in FY2017, compared to a net profit of US$46.7 million in FY2016.The company reported revenues of US$29.9 million for the second quarter ended June 2018, a decrease of 25.4% over the previous quarter. Company United States 19500 Jamboree Rd bela.donine@impacmail.com http://www.impaccompanies.com