IMH Profile
Impac Mortgage Holdings, Inc. operates as a prominent residential mortgage lender headquartered in Irvine, California. Founded in 1995, the company operates across three distinct segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. Within the Mortgage Lending segment, Impac offers a diverse array of mortgage products through retail, wholesale, and correspondent channels. Additionally, it strategically retains mortgage servicing rights to capitalize on market opportunities.
The Real Estate Services segment of Impac Mortgage Holdings focuses on providing comprehensive loss mitigation and real estate services. This includes activities such as default surveillance, loan modifications, short sales, and management of real estate owned properties. The segment serves a broad clientele including investors, servicers, and individual borrowers, emphasizing effective loss mitigation and operational performance.
Impac Mortgage Holdings' Long-Term Mortgage Portfolio segment manages residual interests within securitization trusts. These interests are reflected as significant assets and liabilities on its consolidated balance sheets, underscoring the company's strategic approach to managing long-term investment positions in the mortgage sector. With its robust operational framework and commitment to innovation, Impac Mortgage Holdings continues to play a pivotal role in the U.S. residential mortgage market.
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