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Impac Mortgage Slashes Staffing Levels By 48%

Editor's note: This story has been updated to fix a reporting error made on staffing levels. Citing “significant market pressure,” Impac Mortgage announced during its second quarter earnings call that staffing has been reduced over 48% since the beginning of 2022. A company roster that once totaled 330 now stands at 170 as of Aug. 12. ....

Georgea Mangiaracina , Jon Gloeckner , Impac Mortgage Holdings Inc ,