Impac Mortgage Holdings, Inc. (NYSE MKT: IMH), announced today that it
entered into a $30 million credit facility with Macquarie Group
("Macquarie") to provide liquidity needed to opportunistically retain
mortgage servicing rights and to fund the continued growth of mortgage
loan origination volumes.
Mr. Joseph Tomkinson, Chairman and CEO of Impac Mortgage Holdings, Inc.,
commented, "We are pleased to further our relationship with Macquarie
Group and believe it is a significant accomplishment to raise capital,
allowing us to continue to grow our mortgage lending platform. This
transaction not only strengthens our liquidity, but also provides the
ability to selectively retain mortgage servicing rights as well as a
greater ability to take advantage of opportunities that
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