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Impac Mortgage Holdings Inc. Message Board

  • wobbleman47 wobbleman47 Apr 4, 2013 2:45 PM Flag

    Future write-offs

    I have questions (probably naive) about the future of write-offs against operating profits.

    1) A major write-off came because of a mark-to-market of securities owned. Theoretically, if they were truly "marked to market", unless the market changes, it shouldn't occurr again, or at least in muted amounts.

    2) The other write-off was for "discuntinued operations". If these are truly dicontinued, then have all the write-offs been taken, or will they continued to dribble out for a long time?

    In short - what do future quarters look like in terms of these write-offs.

    Thanks in advance to those who take the time to help me learn more about the way these businesses work.

    Wobble.

    Sentiment: Hold

 
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