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Impac to Purchase UBS Special Servicing Platform; Reinvention in Distressed Assets 

Jul 14, 2008By

Former Alt-A mortgage lending powerhouse Impac Mortgage Holdings, Inc. [stock IMH][/stock] isn’t trying to wait out the market — instead, the company is set to undergo a dramatic makeover into a distressed mortgage specialist, jumping into ever-expanding waters tied to management of sub- and non-performing mortgage notes.

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