Estimated reading time: 0 minutes, 20 seconds

Impac Mortgage Goes Broker, Winds Down TPO Channel

Impac Mortgage has unveiled a shift to a mortgage broker fulfillment model for its retail consumer direct lending vision. So reports Seeking Alpha.

Impac MortgageThe company said it would wind down its third-party originations channel following deteriorating volume and margins in 2022 that stretched into the first three months of this year.

The move was announced as an effort to cut costs.

Read the full article from Seeking Alpha

Read 525 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.