Company says it can't meet standards and won't appeal decision.
Tagged: Impac Mortgage
Losses continue for second straight year; employee count drops 37%.
Says drastic changes, including winding down its TPO channel, are intended to help it 'navigate current market conditions.'
Exchange tells mortgage lender it no longer meets listing standards.
From 330 in 4Q 2021, headcount now stands at 170 for California lender
Impac is a national leader in B2B lending with a long heritage of building successful relationships. We’re committed to great pricing, fast decisions, and sensible alternative products, like our comprehensive Non-QM suite. It’s why we opened our doors in 1995 and why they’re still open today.
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