10 hrs ago
Mortgage News Daily
SEC Probe of Bankrate; AmeriSave & CertusBank; Impac, Macquarie, and Non-QM
How can we move forward as an industry when we can't even agree on how to pronounce the acronym for Truth-in-Lending? I have heard "TILA" pronounced "tee-luh" and also pronounced "till-uh." Not only that, but I have seen "RESPA-TILA" and "TILA-RESPA".
Macquarie funds Impac non-QM originations
Impac Mortgage has secured a buyer for its new non-QM mortgage products, exclusively selling its Alternative QM originations to Macquarie Group, which will provide funding for the program. In July , the mortgage company announced it was breaking into the non-QM market, offering four new products: Alt-QM Jumbo, Alt-QM Agency, Alt-QM Income and Alt-QM Investor.
IMPAC Mortgage Holdings major shareholder Purchases $857,500 in Stock
IMPAC Mortgage Holdings major shareholder Rhp Trust, Dated May 31, 2011 purchased 175,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 19th.
Insider Buying: Rhp Trust, Dated May 31, 2011 Buys 175,000 Shares of...
IMPAC Mortgage Holdings major shareholder Rhp Trust, Dated May 31, 2011 bought 175,000 shares of the company's stock in a transaction that occurred on Tuesday, August 19th.