Joseph R. Tomkinson

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.