Advanced Search

Volume 2019 - Number 6

March 15, 2019

Impac Putting a Strong Emphasis on Non-QMs

Impac Mortgage Holdings is shifting its focus on originating non-qualified mortgages amid losses and layoffs due to a tough conforming mortgage market. Impac originated $1.30 billion of non-QMs in 2018, a 46.0% spike from the prior year. The sector accounted for 33.9% of the lender’s originations compared with 12.5% in the previous year. The shift toward non-QMs was even more stark as the year progressed. Impac produced $397.4 million of non-QM in the fourth quarter ...

Subscribers to Inside Nonconforming Markets have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?

Subscribe

This biweekly is the leading source of news and data on non-agency residential mortgages.

 

Pay-Per-View

You can purchase this article for $55.00 without subscribing and always have access to it on insidemortgagefinance.com.

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744

Poll

Which is your biggest priority for the coming months?

Growing production
Expanding into new markets
Managing costs
Regulatory concerns
Updating our technology
None of the above

vote to see results