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Home » Store » News » Impac Wrings Profit from Alt A Servicing Fees

Impac Wrings Profit from Alt A Servicing Fees

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Last year was a re-building year for former Alt A lender Impac Mortgage Holdings, and the company even managed to turn a profit. This week the company reported earnings in 2009 after large losses the previous year. Impac had $10.8 million in earnings in 2009, a vast improvement from the $44.7 million loss the company took in 2008. Impac’s 2009 earnings largely came from business...
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