Thomas Akin - Impac Mortgage Independent Director

IMHDelisted Stock  USD 0.06  0.01  9.23%   

Director

Mr. Thomas B. Akin serves as Director of the Company. Mr. Akin is currently the managing general partner of Talkot Capital LLC, a position he has held since 1996. Talkot Capital is the general partner for various limited partnerships investing in both private and public companies. From February 2008 to 2014, Mr. Akin served as the Chief Executive Officer of Dynex Capital, Inc. and was a director from May 2003, serving as chairperson since 2005, until May 2017. From 1991 to 1994, Mr. Akin was the managing director of the Western United States for Merrill Lynch Institutional Services and was the Regional Director of the San Francisco and Los Angeles regions for Merrill Lynch Institutional Services from 1981 to 1991. Prior to Merrill Lynch, Mr. Akin had been with Salomon Brothers from 1978 to 1981. Mr. Akin currently serves on the board of directors for Mobivity Holdings Corporationration since 2017.
Age 66
Tenure 7 years
Professional MarksMBA
Phone949 475 3600
Webhttps://www.impaccompanies.com
Akin holds a MBA from the Anderson School at the University of California Los Angeles and a BS in Marine Biology from the University of California at Santa Cruz.

Impac Mortgage Management Efficiency

The company has Return on Asset of (0.0379) % which means that on every $100 spent on assets, it lost $0.0379. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (39.7704) %, meaning that it generated no profit with money invested by stockholders. 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 50 M in debt. Impac Mortgage Holdings has a current ratio of 2.47, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are 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.

Similar Executives

Showing other executives

DIRECTOR Age

Michael HeidFederal National Mortgage
60
Carol GalanteOcwen Financial
62
Steven KohlhagenFederal Home Loan
70
Jacques BusquetOcwen Financial
71
Wendy HannamEncore Capital Group
58
Amy AlvingFederal National Mortgage
55
Richard HartnackFederal Home Loan
72
Carolyn ByrdFederal Home Loan
69
Jonathan PlutzikFederal National Mortgage
63
Thomas GoldsteinFederal Home Loan
58
Diane NordinFederal National Mortgage
59
George HaywoodFederal National Mortgage
64
Diane NordinFederal National Mortgage
59
Ning LiCNFinance Holdings
47
Karin KimbroughFederal National Mortgage
49
Diane NordinFederal National Mortgage
59
James HuntPennyMac Finl Svcs
68
Manuel RodriguezFederal National Mortgage
53
Manuel RodriguezFederal National Mortgage
53
Diane NordinFederal National Mortgage
59
Michael HeidFederal National Mortgage
59
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 Mortgage operates under Mortgage Finance classification in the United States and is traded on AMEX Exchange. It employs 326 people. Impac Mortgage Holdings (IMH) is traded on NYSE MKT Exchange in USA and employs 98 people.

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, Independent Director
Stewart Koenigsberg, Independent 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 of the Board, President, Chief Executive Officer
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, Chief Financial Officer, Executive Vice President
Paul Licon, Chief Financial Officer
Katherine Blair, Independent Director
Joseph Joffrion, Sr Counsel
Richard Pickup, Independent Director
Stephan Peers, Independent Director
Frank Filipps, Lead 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, Chief Operating Officer, President - Direct Lending
Nima Vahdat, Chief Compliance Officer, General Counsel, Secretary
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 stock 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 population.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Impac Stock

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Commodity Directory
Find actively traded commodities issued by global exchanges
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities