Stock of Impac Mortgage Holdings in Irvine fell 13.22 percent today to close at $2.56, as jittery investors digested news that American Home Mortgage Investment Corp., another mortgage REIT, faces a liquidity crisis.
MarketWatch has a story on the day's events (hat tip to graphrix):
American Home Mortgage Investment Corp., the 10th largest mortgage lender in the [...]
Read...Related Headlines
- High-end ARM reset (mild) hilarityposted 247 weeks ago on Blown Mortgage
- Impac to Report Larger-than-Expected Quarterly Lossposted 235 weeks ago on Blown Mortgage
- Impac exits wholesale lendingposted 247 weeks ago on Blown Mortgage
- Impac lawsuits dismissedposted 243 weeks ago on Mortgage Insider
- The explosion of a mortgage-backed security in stick figuresposted 222 weeks ago on Blown Mortgage
- Emergency Fed Move!posted 226 weeks ago on Blown Mortgage
- 5.7 + 3.7 =posted 231 weeks ago on Blown Mortgage
- Impac Mortgage downgraded by Deutsche Bank, stock drops 15%posted 250 weeks ago on Mortgage Insider
- US Bank Eliminates 100% Financingposted 221 weeks ago on Blown Mortgage
- Bank of America Neuters Countrywide?posted 213 weeks ago on Blown Mortgage