Impac Mortgage Holdings Inc., a real estate investment trust based in Irvine, Calif., has announced the settlement of "a majority" of its outstanding repurchase claims. The mortgage REIT said it is continuing to negotiate its remaining warehouse borrowings and, as a result, will be required to add disclosures and make changes to its financial statements for Dec. 31, 2007. Therefore, Impac said, it was unable to file its Form 10-K for 2007 during the 15-day extension period, but intends to file the form "as soon as practical." The company can be found online at http://www.impaccompanies.com.
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