business update - FinTecBuzz

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FinTecBuzz

by BusinessWire

Impac Mortgage Holdings, Inc. Announces Business Update

Direct Lending – Consumer

Impac Mortgage Holdings, Inc. Announces Business Update

April 17, 202012 min

Impac Mortgage Holdings, Inc. (N On March 30, 2020, the Company announced that it had instituted a temporary suspension of all lending activity. While mortgage markets may appear to be normalizing, the industry, most acutely for non-bank mortgage originators and servicers, continues to manage to the uncertainties of the various initiatives promulgated by the U.S. Federal Government, the Federal Reserve and other state and local governmental and quasi-governmental agencies relating to economic stimulus, mortgage principal...

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