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Impac Mortgage Holdings Inc announces sale of AmeriHome Mortgage Corporation


Tuesday, 3 Dec 2013 08:17pm EST 

Impac Mortgage Holdings Inc:Says the sale of its fully licensed and agency approved seller/servicer subsidiary, AmeriHome Mortgage Corporation.Says tThis transaction is expected to close early in the first quarter of 2014 at a significant gain.Says the transaction includes the sale of AmeriHome`s primarily agency servicing portfolio of approximately $700 mln in unpaid principal balance, but will not affect the ongoing operations of Excel Mortgage Servicing, Inc. 

Company Quote

6.02
-0.02 -0.33%
26 Nov 2014