Impac Mortgage Holdings Inc. has launched iMAP, a Web-based market research tool that provides mortgage brokers and correspondent lender with a comprehensive analysis of state and metro markets.
iMAP collates and analyzes a variety of delinquency and macro-economic data that contributes to loan-market performance, including the House Price Index, Median Home Price Index, unemployment rate, household income, quarterly mortgage origination data and housing price appreciation. Impac's risk index then summarizes the information for a chosen state or metro area and assigns it a grade point average based on its overall market potential. Impac plans to update the index on a quarterly basis.
Impac is a mortgage real estate investment trust based in Newport Beach, Calif. For more information, call (800) 597-4101 or visit www.impaccompanies.com.