Alt-A
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Impac Reports $66.3 Million Loss For 2006
Feb 23, 2007Impac Mortgage Holdings, Inc. (NYSE:IMH), a large Alt-A residential REIT, said late yesterday that it lost $66.3 million during 2006, attributing losses to a compression of net interest margins. In an earnings statement, the company said its borrowings re-priced more quickly than adjustable mortgage assets, and that $29.5 million in losses were due to loan repurchases during the second and fourth quarters.
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Commentary: Reading the Subprime Tea Leaves
Feb 18, 2007 -
Central Pacific Mortgage to be Acquired by TMSF Holdings
Feb 14, 2007 -
Standard and Poor’s: Subprime RMBS Downgrades Surge in 2006
Feb 13, 2007 -
Repurchases Force New Century to Restate Earnings
Feb 08, 2007 -
Subprime Wholesaler Touts Automated, Online Pricing System
Feb 01, 2007 -
BasePoint Touts Updates to Fraud Detection Platform
Jan 30, 2007 -
New Century Grows Loan Production to Record $59.8 Billion in 2006
Jan 09, 2007 -
Subprime Wholesaler HMIC Shuts Down
Dec 25, 2006
