Mortgage firm's liquidation is OK'd by court - 2004-03-08
A U.S. Bankruptcy Court judge has okayed a plan to liquidate the assets of Mercer Island real estate lender Partners Mortgage Corp. and give the proceeds to its investors.

Court documents show Partners had about $67 million in assets at the end of January. The firm lent to borrowers who were unable to obtain bank-qualified loans.
Read the full story at Puget Sound Business Journal

Impac Mortgage increases 1st-quarter profit forecast - 2004-03-08
Impac Mortgage Holdings Inc. on Monday bumped up its first-quarter per-share profit forecast, citing higher-than-expected loan acquisitions and originations in January and February.

The Newport Beach, California-based mortgage real estate investment trust now expects profit "at or slightly above" the 70 cents per share it earned in the fourth quarter. It said it had previously forecast a slight decline.
Read the full story at Reuters via iWon