Impac

Founded in 1995 and headquartered in Irvine, California, Impac Mortgage Holdings, Inc. operated for decades as a real estate investment trust. The company's primary business involved originating, selling, and servicing residential mortgage loans, with a historical focus on Alt-A loans. As a REIT, its mission was to generate income for investors through its portfolio of mortgage-related assets. After facing significant challenges, including those stemming from the 2008 financial crisis and subsequent market shifts, the company filed for Chapter 11 bankruptcy in August 2023 to conduct an orderly wind-down of its operations and liquidate its assets.