Frank Filipps - Impac Mortgage Independent Director

Director

Mr. Frank P. Filipps is an Independent Director of Impac Mortgage Holdings Inc., since August 1995. From April 2005 to July 2008, Mr. Filipps was a Director of IMH since August 1995. From April 2005 to July 2008, Mr. Filipps was Chairman and Chief Executive Officer of Clayton Holdings, Inc., a mortgage services company. From June 1999 to April 2005, Mr. Filipps was Chairman and Chief Executive Officer of Radian Group, Inc. and its principal subsidiary, Radian Guaranty, Inc., which were formed through a merger of Amerin and Commonwealth Mortgage Assurance Company. Mr. Filipps was a director of Orchid Island Capital, a specialty finance company that invests in residential mortgagebacked securities, since February 2013 and was a director of Primus Guaranty, Ltd., a holding company primarily engaged in selling credit protection against investment grade credit obligations of corporate and sovereign entities, from September 2004 to December 2014, and a director of Fortegra Financial Corporationration, an insurance services company, from December 2010 to December 2014 since 1995.
Age 70
Tenure 29 years
Phone949 475 3600
Webhttps://www.impaccompanies.com
Filipps received a B.A. in Economics in 1969 from Rutgers University and a Master degree in Corporationrationrationrate Finance and International Business in 1972 from New York University.

Impac Mortgage Management Efficiency

The company has return on total asset (ROA) of (0.022) % which means that it has lost $0.022 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (39.7704) %, meaning that it generated substantial loss on money invested by shareholders. Impac Mortgage's management efficiency ratios could be used to measure how well Impac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.68 B in total debt. Impac Mortgage Holdings has a current ratio of 2.47, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Impac Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, Impac Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Impac Mortgage Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Impac to invest in growth at high rates of return. When we think about Impac Mortgage's use of debt, we should always consider it together with cash and equity.

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Impac Mortgage Holdings, Inc. operates as a residential mortgage lender in the United States. Impac Mortgage Holdings, Inc. was incorporated in 1995 and is based in Irvine, California. Impac Mtg operates under Mortgage Finance classification in the United States and is traded on OTC Exchange. It employs 326 people. Impac Mortgage Holdings [IMPHO] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Impac Mortgage Holdings Leadership Team

Elected by the shareholders, the Impac Mortgage's board of directors comprises two types of representatives: Impac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Impac. The board's role is to monitor Impac Mortgage's management team and ensure that shareholders' interests are well served. Impac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Impac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Justin Moisio, IR Contact Officer
Obi Nwokorie, Chief Products
Leigh Abrams, Lead Independent Director
Thomas Akin, Director
Stewart Koenigsberg, Director
William Ashmore, President, Director, CEO of Impac Commercial Capital Corporate and President of Impac Funding Corporate, Director of Impac Funding Corporate and Director of Impac Warehouse Lending Group Inc
Jon Gloeckner, Principal Reporting
George Mangiaracina, Chairman CEO
Todd Taylor, CFO, Chief Accounting Officer, Executive VP, Interim CFO of Impac Warehouse Lending Group Inc, Interim CFO of Impac Funding Corporate and Interim CFO of Impac Commercial Capital Corporate
Libby Cooper, Senior Vice President - Corporate Strategy
Brian Kuelbs, CFO, Executive Vice President
Joseph Joffrion, Sr Counsel
Richard Pickup, Director
Stephan Peers, Independent Director
Frank Filipps, Independent Director
Tiffany Entsminger, Senior Vice President Chief Risk Officer
Natasha Gilmore, Assistant HR
James Walsh, Independent Director
Ronald Morrison, Executive VP, General Counsel, Secretary, Secretary of Mortgage Operations and Secretary of Warehouse Lending Operations
Rian Furey, President - Direct Lending
Joseph Tomkinson, Chairman, CEO, Chairman of Impac Funding Corporate, Chairman of Impac Warehouse Lending Group Inc, CEO of Impac Funding Corporate and CEO of Impac Warehouse Lending Group Inc

Impac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Impac Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Impac Mortgage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Impac Mortgage's short interest history, or implied volatility extrapolated from Impac Mortgage options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Impac Mortgage Holdings information on this page should be used as a complementary analysis to other Impac Mortgage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Impac Pink Sheet

If you are still planning to invest in Impac Mortgage Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Impac Mortgage's history and understand the potential risks before investing.
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