Companies > IMPAC

Impac Mortgage Holdings, Inc., through its subsidiaries, offers mortgage and real estate services in the United States. It offers outsourced loss mitigation services, such as loan modification and short sale services to investors and institutions with distressed and delinquent residential and multifamily mortgage portfolios, as well as provides modification solutions to individual borrowers by interacting with loan servicers on behalf of the borrowers to assist them in lowering the monthly mortgage payments to an affordable level allowing them to remain in their homes. The company also provides real estate solutions comprising real estate owned (REO) surveillance services to servicers and portfolio managers to assist them in maximizing loss mitigation performance in managing distressed mortgage portfolios and foreclosed real estate assets, and disposition of such assets, as well as performs default surveillance and monitoring services for residential and multifamily mortgage portfolios for investors and servicers. In addition, it offers real estate brokerage services, such as listing and selling REO and pre-foreclosure properties associated with short sales. Further, the company provides mortgage lending operations, including brokering loans to third-party lenders and originating loans through its mortgage banking platform under the ‘Impac’ brand name. Additionally, the company provides title insurance, escrow, and settlement services to residential mortgage lenders, real estate agents, asset managers, and REO companies in the residential market sector of the real estate industry. It also involves in collecting loan payments from loan servicers and remitting loan payments to a trustee or other purchaser; and the management of the long-term mortgage portfolio, as well as offers real estate advisory services. The company was founded in 1995 and is based in Irvine, California.

Specialties

Consumer Direct Lending, Wholesale Lending, Multi-family / Commercial Lending, Real Estate Services, Loss Mitigation, Title / Escrow Operations