Impac’s shift to non-QM helps to reduce fourth-quarter loss

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Reps and warrants provisions lead to B of A’s 4Q mortgage loss Impac’s shift to non-QM helps to reduce fourth-quarter loss For the fourth quarter of 2018, the Company reported a net (loss) of $(6.4) million. As a result of the reduction in loan origination volumes, we continue to reduce overhead to more closely align.UBS former CMBS.

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Impac Mortgage Holdings saw its shift to predominantly originate non-qualified mortgage loans reduce its fourth-quarter GAAP net loss along with increasing its gain-on-sale margins. For the quarter, Impac lost $6.4 million, compared with a loss of $45.5 million in the third quarter and $44.9 million for the fourth quarter of 2017.

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Contents Fourth-quarter loss real estate. investment Partners berkadia buys cpcp Morpac; mortgage action alliance Regional hmi scores Capital raise time Fourth-quarter gaap net Impac’s shift to non-QM helps to reduce. Read Full. Willow Park Texas FHA Loan.

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Impac Mortgage Holdings saw its shift to predominantly originate non-qualified mortgage loans reduce its fourth-quarter GAAP net loss along with increasing its gain-on-sale margins. For the quarter, Impac lost $6.4 million, compared with a loss of $45.5 million in the third quarter and $44.9 million for the fourth quarter of 2017.

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