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Impac reveals details of huge mortgage originator acquisition

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Mortgage Professional America | 09 Jan 2015, 08:30 AM Agree 0
Five-star Lender Impac Mortgage Holdings Inc. has signed an agreement to acquire the mortgage origination business of one of the largest residential mortgage originators in the U.S.
  • Gerald | | 12 Jan 2015, 01:11 PM Agree 0
    THIS "During the fourth quarter of 2014, CashCall’s mortgage division volume was approximately $800 million and is expected to add “significant retail direct origination volume” to the Impac Mortgage Corp. platform beginning in 2015"

    And the restructuring of the preferred shares into a new class of preferred with a dividend is good news for common holders.
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