Impac Mortgage — Shareholder Meeting (July 2015)
9 slides from Impac Mortgage's shareholder meeting presentation, Jul 27, 2015
Slide 1: Impac Mortgage Holdings, Inc. Annual Stockholders' Meeting
Impac Mortgage Holdings, Inc. Annual Stockholders’ Meeting Tuesday, July 21, 2015
Slide 2: Safe Harbor Statement
Safe Harbor Statement During this presentation we will make projections or other forward-looking statements in regards to but not limited to GAAP and taxable earnings, cash flows, interest rate and market risk exposure, mortgage production and general market conditions. I would like to refer you to
Slide 3: 2014 Overview
2014 Overview Sale of AmeriHome Mortgage Corporation, a duplicative licensed lending platform AltQM initiative with Macquarie Group Growth in mortgage originations Opportunistic mortgage servicing sales
Slide 4: Mortgage Originations
Mortgage Originations 2012 2013 2014 2015 (YTD 6/30) $2,419.7 $2,548.4 $2,848.8 $5,017.2 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 (in millions)
Slide 5: Mortgage Originations by Channel
Mortgage Originations by Channel 2012 2013 2014 2015 (YTD 6/30) Wholesale $1,293.2 $971.2 $598.9 $698.2 Retail $735.3 $709.4 $80.3 $3,082.4 Correspondent $391.2 $867.8 $2,169.6 $1,236.6 $- $500.0 $1,000.0 $1,500.0 $2,000.0 $2,500.0 $3,000.0 $3,500.0 (in millions)
Slide 6: Mortgage Servicing Portfolio
Mortgage Servicing Portfolio 12/31/2012 12/31/2013 12/31/2014 6/30/2015 UPB $2,177.2 $3,128.6 $2,267.1 $4,060.5 $- $500.0 $1,000.0 $1,500.0 $2,000.0 $2,500.0 $3,000.0 $3,500.0 $4,000.0 $4,500.0 (in millions)
Slide 7: 2015 Overview
2015 Overview CashCall Mortgage acquisition First quarter operating income of $17 million Two successful capital raises Wholesale Retail Correspondent Q1 2015 $281.7 $1,534.7 $596.4 Q2 2015 $416.5 $1,547.7 $640.2 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 (in millions) 2015 YTD Originations
Slide 8: 2015 Looking Ahead
2015 Looking Ahead Strategies for mortgage lending growth Growing AltQM production volumes Selectively retaining mortgage servicing Shelf registration
Slide 9: This concludes my prepared remarks, thank you for attending
This concludes my prepared remarks, thank you for attending Impac Mortgage Holdings, Inc. 2015 Annual Stockholders’ Meeting.
Impac Mortgage Holdings — Shareholder Meeting (July 2015) on 6ix