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

Home prices in 20 U.S. cities keep climbing Still, rapidly climbing home values are not necessarily a harbinger of a housing bubble in places growing as fast as Dallas. In the past decade, the metro area’s population grew by 20.4%, far greater.

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

Existing-home sales decline for fifth time in six months october existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS® reported Wednesday. Three of four major regions sa

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

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.

Earnings swung to a loss at Impac Mortgage Holdings Inc., and the company’s chief is out. Retail lending led a plunge in originations even as non-QM business soared. The Irvine, California-based company revealed in its fourth-quarter 2017 earnings report that it suffered a $28 million loss before taxes.

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.

Please help by adding reliable sources.Contentious material about living persons that is unsourced or poorly sourced must be removed immediately, especially if potentially libelous or harmful. november 2015) (learn how and when to remove this template message)Impac’s shift to non-QM helps to reduce fourth-quarter loss I’ll now turn the call.

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Walter Investment Management Corp. announced Tuesday morning that it posted a loss in each quarter of 2016, finishing the year with a net loss of $22.2 million in the fourth quarter. That result.