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FT MagazineTen years after the crash
‘Nonprime has a nice ring to it’: the return of the high-risk mortgage
...After a degree from UCLA and an English teaching job at Santa Monica High, he formed a loan brokerage in the mid-1970s with his college pal Bill Ashmore, who now runs Impac, another mortgage firm based a...
August 31, 2017
FT AlphavilleStacy-Marie Ishmael
More mortgage lenders bite the dust
...Related links: The mortgage lender implode-o-meter Crown of Thornburgs – FT Alphaville Accredited and Impac see bleak lending future – FT (September 2007)...
May 1, 2009
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Property sector
Accredited and Impac see bleak lending future
...Impac said it would stop making Alt-A loans, which are a tier above subprime mortgages....
September 18, 2007
Capital markets
Mortgage sector faces further tightening
...Impac Mortgage Holdings, a top 10 provider last year, said on Tuesday it had stopped funding all Alt-A loans. The company’s shares fell by a third....
August 7, 2007
US downturn
Wall St lower as uncertainty persists
...Impac Mortgage Holdings , the California home lender that suspended some operations this month, fired about 350 employees as part of a cost-cutting plan....
August 23, 2007
US & Canadian companies
Mortgage lenders tighten standards
...Impac Mortgage holdings Inc has also delayed filing its annual report and the lender in Alt-A loans said it will restate its 2004 and 2005 cash flow statements....
March 12, 2007
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
US & Canadian companies
Fresh concerns over US subprime sector
...Impac Mortgage Holding was off 6 per cent at $4.55 and NovaStar Financial was down nearly 4 per cent at $5.12....
April 9, 2007
Private equity
Stockpicking for the crafty beginner
...■Impac Mortgage Holdings: This mortgage real estate investment trust has four core businesses, including long-term investment operations, which invests mainly in non-conforming Alt-A mortgage loans....
March 26, 2007

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