Richard J. Johnson, formerly executive vice president and chief financial officer of Impac Mortgage Holdings Inc., has been named EVP and chief operating officer of the Newport Beach, Calif.-based real estate investment trust.The previous COO, William S. Ashmore, will remain as president and director of the REIT, the company said. Gretchen D. Verdugo, formerly IMH's EVP and chief accounting officer, has been named EVP and CFO. IMH can be found online at http://www.impaccompanies.com.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
8h ago -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
9h ago -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
10h ago -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
11h ago -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
April 21 -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
April 21










