Mobile Mortgage News

Has battered Impac Mortgage turned a corner?

posted 28 weeks ago on Mortgage Insider

Stock analysts see light at the end of the tunnel for Impac Mortgage Holdings of Irvine. Despite reporting a $2 billion paper loss for 2007, analysts seemed upbeat during the conference call to discuss the results. Joseph Tomkinson, CEO of the Irvine-based investor in home loans, said the company has met margin calls and is actually [...]

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