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IMC Mortgage Co. (fka IMCC)

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Last Post: 4/6/2016 5:46:47 PM - Followers: 7 - Board type: Free - Posts Today: 0

PREVIOUS IBOX HAD:This stock has a low O/S and looks promising.  I WILL TRY TO ADD SOMETHING TO THAT.  But, please be aware.  This is a very risky stock in that there is hardly any information that I can find on it.   PLEASE NOTE: NAME ON IBOX IS INCORRECT. S/B IMC MORTGAGE (2 g's in mortgage).

Below, shows IMCC's standing with Pinksheets and a bit of info.


Gratefully, eore's site: ALL FLOATS has the following from a message in June of 2009.  See below:



From :    Thomson Reuters Business Description:

IMC Mortgage Company was a consumer finance company engaged in purchasing, originating, servicing and selling home equity loans secured by first liens on one- to four-family properties. The Company focused on lending to individuals whose borrowing needs were not being served by traditional financial institutions due to such individuals' impaired credit profiles and other factors. Loan proceeds typically were used by such individuals to consolidate debt, to refinance debt, to finance home improvements, to pay educational expenses and for a variety of other uses. By focusing on individuals with impaired credit profiles and by providing prompt responses to their borrowing requests, the Company was able to charge higher interest rates for its loan products than typically were charged by conventional mortgage lenders. On November 15, 1999, the Company sold to CitiFinancial Mortgage (CFM) its mortgage loan servicing business and substantially all of its mortgage loan origination business.

The following is a summary given for a report that can be bought for $36.  I do not plan to buy the report.

Citifinancial Mortgage Co, a unit of Citigroup Inc, acquired the mortgage servicing assets of IMC Mortgage Co, Tampa, Florida for $### mil.

Acquirer:  Citifinancial Mortgage Sec Inc
Acquirer Business Discription:  Mortgage bank
Acquirer Ultimate Parent:  Citigroup Inc
Acquirer SIC Code:  6162 - Mortgage bankers and loan correspondents
Target Name:  IMC Mortgage Co-Mtg Servicing
Target Business Description:  Mortgage banking assets
Target Ultimate Parent:  IMC Mortgage Co,Tampa,Florida
Target SIC Code:  6162 - Mortgage bankers and loan correspondents
Please Note: Target Financials are not included in this report.Explain
Transaction Statistics are not included in this report.Explain

Free Sample: Click Here to Download
PDF Adobe Acrobat




I do not have much that I know to do as for DD so you MUST do you own DD!  NOTHING I post should be taken as your reason for investing. I am not a professional and do not hold any type of license concerning stocks or investing.  Therefore, you are responsible for the decisions that you make.


#147   IMCC Finra deleted symbol: Renee 04/06/16 05:46:47 PM
#146   "The Wolves of Wall Street" Sideways1 08/24/12 11:30:48 PM
#145   There are no coincidences in life.. Sideways1 08/19/12 09:31:34 PM
#144   Jimmy Crickets.. Sideways1 08/07/12 09:48:57 PM
#143   Final Assessment: Sideways1 07/29/12 10:13:43 PM
#142   "Transfer Agents" Sideways1 07/29/12 05:05:44 PM
#141   "The Grey Market" Sideways1 07/29/12 10:36:41 AM
#140   Sideways: All SEC Suspensions are for exactly ten Renee 07/28/12 11:53:54 PM
#139   Evidently, the IMCC suspension was lifted. Sideways1 07/28/12 10:34:18 PM
#138   IMCC SEC Suspension: Renee 05/14/12 07:05:52 PM
#137   .001 HOD 400th vol pacman042 03/29/11 11:59:59 AM
#136   E*trade has returned IMCC to my account due outnabout 03/24/11 09:01:32 AM
#135   ah... yea if it has been a few TREEPLANT 03/23/11 09:46:20 PM
#134   .0014 as u can see it has not tasha 03/23/11 08:53:22 PM
#133   what price did you buy in at? TREEPLANT 03/23/11 08:49:47 PM
#132   didnt buy, was just wondering. still a noob pacman042 03/23/11 12:15:56 PM
#131   Some nice buys today...I been holding for years tasha 03/23/11 12:06:58 PM
#130   Appreciate the update. I'm not sure broker to RichAndPoor 03/22/11 10:34:09 AM
#129   Called Scott. and they have transfer agent as pacman042 03/22/11 09:05:11 AM
#128   So weird, it went up yesterday though. I pacman042 03/22/11 08:24:41 AM
#127   I'm with E*trade too, got the same notice. outnabout 03/21/11 09:52:48 PM
#126   thx pacman042 03/21/11 12:15:07 PM
#125   Not sure bro. Just letting you guys know RichAndPoor 03/21/11 11:54:22 AM
#124   If that is true, then y is Mark pacman042 03/21/11 11:32:41 AM
#123   Sorry guys, had to get out of IMCC RichAndPoor 03/17/11 12:58:49 PM
#122   Someone just got some nice cheap shares. ctine2020 03/14/11 11:10:20 AM
#121   Stop bid whacking idiots! RichAndPoor 03/14/11 09:59:59 AM
#120   Been in this one for almost 2 years tasha 03/11/11 10:56:12 AM
#119   This one is soooo close! Needs pub Miker0016 03/11/11 10:35:10 AM
#118   Gapper? 002 x .0022 :) ctine2020 03/11/11 09:36:21 AM
#117   Clearly this isn't a chart play, but the ctine2020 03/10/11 03:03:20 PM
#116   At some point it'll get some exposure I'm ctine2020 03/10/11 02:34:05 PM
#115   You can make some good money with IMCC. Miker0016 03/10/11 02:31:49 PM
#114   I have a feeling that those bidding probably ctine2020 03/10/11 02:23:42 PM
#113   Couple more ask slaps and we're there I'd say. ctine2020 03/10/11 02:22:52 PM
#112   .0024 is the 52wk high and we're not JBJD 03/10/11 02:15:28 PM
#111   Hope so! Keep telling myself that with ctine2020 03/10/11 11:31:50 AM
#110   I wouldn't be surprised if we see some RichAndPoor 03/10/11 11:13:13 AM
#109   Most likely. A measly 235k took it ctine2020 03/10/11 11:09:56 AM
#108   I'm guessing we're pretty thin here at least RichAndPoor 03/10/11 11:06:58 AM
#107   Maybe the party's getting ready to start? ctine2020 03/10/11 11:00:59 AM
#106   IMCC - go bigly baby! You want to RichAndPoor 03/10/11 10:54:33 AM
#105   Kool man, good luck to you. I am PeaceMakerz 01/27/11 12:25:16 PM
#104   Yes...some stocks I buy and hold for 4-6 Daytrader1 01/27/11 12:18:17 PM
#103   Well, I will keep an eye over here, PeaceMakerz 01/27/11 12:04:00 PM
#102   big mistake imo. Daytrader1 01/27/11 11:58:07 AM
#101   I am out.. Sold my shares today.. I PeaceMakerz 01/27/11 11:42:13 AM
#100   IMCC afer .002 then .01 then it will hwllo 01/18/11 06:31:21 PM
#99   IMCC somtin huge up 200% in 10 mins hwllo 01/18/11 03:43:05 PM
#98   Someones buying? want my shares too? PeaceMakerz 12/29/10 12:36:42 PM