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Related Articles
Impac Mortgage Holdings is on the verge of going out of business, according to a new audit.Processing ContentThe Southern California–based mortgage firm revealed its dire situation via an independent audit from Baker Tilly published Friday to the over-the-counter Open Market exchange. Once regularly a billion-dollar originator, the company's books today...
2026-04-22
A homeowner is suing Bank of America and an appraisal firm for racial discrimination, the latest appraisal bias lawsuit against a major lender. Processing ContentDarchelle Braxton, a Black woman, sued the businesses last week in federal court for violating the Fair Housing Act and the Equal Credit Opportunity Act in handling...
2026-04-22
Maine's governor signed new legislation last week, applying comprehensive regulations to originations of home equity investment products in classifying them as "residential mortgage loans." Processing ContentGov. Janet Mills signed the bill into law following early April passage in both chambers of the state's legislature. In labeling HEIs as "shared appreciation mortgage...
2026-04-21
Key takeaway: Federal Reserve Gov. Christopher Waller said he wants to consolidate the corporate functions of the 12 regional banks under one structure and create a role to oversee them. Expert quote: "Autonomy is a virtue, but not when it produces costly duplication that serves no one. We owe this to...
2026-04-21












