Home-lending activity took a giant leap at Impac Mortgage Holdings Inc. In addition, the organization reported sizable growth in its mortgage servicing portfolio.
Net earnings before income taxes during the three months ended Sept. 30, came to $16 million, not as good as the $20 million earned in the third quarter of last year.
The results, along with other financial and operational metrics, were provided in the Irvine, California-based mortgage banker’s third-quarter 2016 earnings report.
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From:: Financing