Financial Services >> CEO Interviews >> November 26, 2003

Joseph Tomkinson – Impac Mortgage Holdings Inc (imh)

JOSEPH R. TOMKINSON is Chairman and Chief Executive Officer of Impac Mortgage Holdings, Inc. He graduated with a Bachelor of Science degree in 1969 from Seattle University. Upon his graduation, he entered the Army where he served three years as an infantry officer and was discharged as a Captain. Upon his discharge, he began his business career in real estate and real estate development. In 1981 with his partner, he formed a small mortgage brokerage firm ' Old Town Mortgage which later became American Mortgage Network where he served as Executive Vice President. In 1986, Mr. Tomkinson organized the sale of his ownership of American Mortgage Network to Imperial Bank. From June 1986 to December 1991, Mr. Tomkinson served as a divisional President of Imperial Bank Mortgage. In December 1991, Imperial Credit Industries was created as a public entity. Mr. Tomkinson served as President and Chief Operating Officer of Imperial Credit Industries until February 1996. He resigned as President of Imperial Credit Industries, Inc., to devote full-time to his duties as Chairman and Chief Executive Officer of Impac Mortgage Holdings, Inc., a mortgage REIT he founded in November 1995. Profile
TWST: Please give us an overview of Impac Mortgage Holdings' operations.

Mr. Tomkinson: The organization is a real estate investment trust, which

really is a long-term investment operation