JMP Securities Downgrades Impac Mortgage Holding (IMH) to Market Perform

JMP Securities analyst Trevor Cranston downgraded Impac Mortgage Holding (NYSE: IMH) from Market Outperform to Market Perform.

The analyst steps aside noting the current challenging residential mortgage origination environment is likely to persist over the NT given competitiveness among originators in a low volume market.

For an analyst ratings summary and ratings history on Impac Mortgage Holding click here. For more ratings news on Impac Mortgage Holding click here.

Shares of Impac Mortgage Holding closed at $7.26 yesterday.

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