Impac Mortgage Holdings, Inc. Announces Hiring of Libby Cooper, SVP Corporate Strategy and Tiffany Entsminger, SVP Chief Risk Officer

IRVINE, Calif., April 05, 2018 -- Impac Mortgage Holdings, Inc. (NYSE American:IMH) (the “Company” or “Impac”) announced today that Libby Cooper has been hired as SVP Corporate Strategy, and Tiffany Entsminger has been hired as SVP Chief Risk Officer

Ms. Cooper previously served as Head of Mortgage Operations for Clara Lending, a FinTech consumer-direct mortgage platform, since its founding in 2015. Headquartered in San Francisco, she led sales, operations, secondary marketing and oversaw strategy enabling an end-to-end digital mortgage experience. Prior to Clara, Ms. Cooper held leadership positions at Discover Financial Services, LendingTree, and SurePoint Lending. Her career in consumer direct lending includes a breadth of experience across enterprise strategy and development, marketing, production, and technology. She is relocating to Orange County, CA for her role with Impac.

“I couldn’t be more excited to join the talented team at Impac and use my experience to support the continued growth of our direct lending, wholesale, and correspondent platforms,” said Ms. Cooper, commenting on her new role.

Ms. Entsminger joins Impac with more than 18 years of experience in financial services, specializing in operational and credit risk.  Most recently, she led operations for the consumer direct channel at loanDepot.com, LLC overseeing underwriting, closing and funding, and collateral valuations. Ms. Entsminger previously held a number of operational and risk management leadership roles, including risk management for Nationstar Mortgage.  In addition to her mortgage expertise, Ms. Entsminger is a licensed attorney in California, where she at one time enjoyed representing clients in a variety of matters, with particular emphasis on commercial and residential real estate, mortgage fraud, and general corporate strategy.

Commenting on her new role, Ms. Entsminger stated, “To be welcomed into a company with such an expansive history in the market as well as a positive energy for the company’s trajectory is very exciting. I look forward to contributing to its impending growth.”

Mr. George Mangiaracina, President of Impac Mortgage Holdings, Inc. commented, “We continue to demonstrate an ability to attract top level talent from across the mortgage industry.  Libby and Tiffany add a diverse skill set to our senior management team, which will enable us to capitalize on opportunities within the evolving mortgage landscape.  We are pleased to welcome both individuals to the Impac family and anticipate them significantly contributing to the Company’s forward momentum.”

About the Company

Impac Mortgage Holdings, Inc. (IMH or Impac) provides innovative mortgage lending and warehouse lending solutions, as well as real estate solutions that address the challenges of today’s economic environment.  Impac’s operations include mortgage and warehouse lending, servicing, portfolio loss mitigation and real estate services as well as the management of the securitized long-term mortgage portfolio, which includes the residual interests in securitizations.

For additional information, questions or comments, please call Justin Moisio, SVP Business Development & Investor Relations at (949) 475-3988 or email [email protected]. Web site: http://ir.impaccompanies.com  or www.impaccompanies.com