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July 9, 2014

Impac Unveils Big Plans for Non-QM Lending; $500 Million in Its First Year?

By Paul Muolo

Impac anticipates that 90 percent of its non-QM volume will come through the correspondent and broker channels.

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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