Impac Mortgage Holdings Inc (IMPM)

[genlou]

Marketwire -11/14/11)- Impac Mortgage Holdings, Inc. (AMEX: IMH - News), a Maryland corporation, along with its subsidiaries and affiliates, or the "Company," reports third quarter 2011 net earnings of $3.1 million or $0.37 per diluted common share, as compared to net earnings of $974 thousand or $0.12 per diluted common share for the third quarter of 2010. Net earnings of $3.1 million for the third quarter 2011 included a non-cash charge of $949 thousand relating to the impairment of a deferred charge as further discussed below. No impairment was recorded during the third quarter 2010.