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» Impac Adjusts Non-QM Strategy After Decline in Production
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Impac Adjusts Non-QM Strategy After Decline in Production
November 22, 2019
Brandon Ivey
Impac is making some changes aimed at increasing originations of non-QMs after focusing on GSE refis in 3Q19. The lender’s profitability took a hit as GSE mortgages offer lower margins than non-QMs.
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