Impac Mortgage Holdings’ bankruptcy seemed decades in the making. Processing Content The company filed for Chapter 11 bankruptcy protection Sunday, after years of struggles exacerbated by rising interest rates earlier this decade. In a series of federal court filings this week, the former lender and servicer described its debts, and the numerous factors that led […]
Impac describes its debt, downfall in bankruptcy filing Read More »
Key takeaway: The FOMC meets April 28-29 against a backdrop of elevated geopolitical uncertainty stemming from the Iran war, which has contributed to higher energy prices and renewed inflation concerns. The meeting also comes during a leadership transition at the Federal Reserve, with a new chair expected to take over in the coming months. Expert
Interest rates are the most certain thing about FOMC meeting Read More »
Jonathan Corr, who once headed up the nation’s largest origination system provider, Ellie Mae, has joined the board of directors of recently privatized competitor MeridianLink. Processing Content He is one of six new board members at MeridianLink, which was acquired by Centerbridge Partners and Silversmith Capital Partners in a deal which closed in October for
Ex-Ellie Mae CEO joins MeridianLink board after privatization Read More »