Impac Mortgage Holdings, Inc. (IMH) is engaged in long term investment operations, investing primarily in non-conforming residential loans, and to a lesser extent, small balance commercial and multifamily loans. The Company’s subsidiaries consists of IMH Assets Corp. (IMH Assets), Impac Warehouse Lending Group, Inc. (IWLG), and Impac Funding Corporation (IFC), together with its wholly owned subsidiaries Impac Secured Assets Corp. (ISAC), Impac Commercial Capital Corporation (ICCC).