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Healthcare

BRIEF-Impac Mortgage Holdings Announces Business Update

March 30 (Reuters) - Impac Mortgage Holdings Inc:

* IMPAC MORTGAGE HOLDINGS, INC. ANNOUNCES BUSINESS UPDATE

* IMPAC MORTGAGE HOLDINGS INC - INSTITUTED 2WEEK TEMPORARY SUSPENSION OF ALL LENDING ACTIVITY EFFECTIVE AS OF OPENING OF BUSINESS TODAY, MARCH 30, 2020

* IMPAC MORTGAGE HOLDINGS INC - WILL MAINTAIN A CORE TEAM TO ACTIVELY MANAGE ITS BUSINESS DURING TWO WEEK INTERVAL COMMENCING ON MARCH 30, 2020

* IMPAC MORTGAGE HOLDINGS INC - WILL FURLOUGH REMAINDER OF ITS EMPLOYEE BASE DURING TWO WEEK INTERVAL

* IMPAC MORTGAGE HOLDINGS INC - TO COVER ITS EMPLOYEES’ COSTS OF HEALTH AND MEDICAL BENEFITS UNDER FURLOUGH PERIOD Source text for Eikon: Further company coverage:

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