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Profitability
» Impac Scales Back Production in a Bid to Reach Profitability (IMT)
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Impac Scales Back Production in a Bid to Reach Profitability (IMT)
Our Price:
$55.00
Profitability
Product Details
The nonbank took a large loss in the first quarter and halted production. Officials at the firm are now betting on originating GSE-eligible mortgages through call centers to return to profitability in the third quarter.
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