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Tuesday, Jun 2, 2026

Impac Hires loanDepot Vet

Irvine-based Impac Mortgage Holdings Inc. (NYSE: IMH) hired a longtime mortgage expert from larger rival loanDepot Inc. of Foothill Ranch.

Rian Furey will be Impac’s president of direct lending, a new position charged with expanding the company’s Cashcall Mortgage platform.

Furey had worked at loanDepot since 2014, his latest job as chief administrative officer. In prior years, he worked as chief operating officer at both Greenlight Loans and Lendingtree Loans; vice president of capital markets at Discover Financial Services; and as a sales leader at GE Commercial Finance. He graduated in finance in 1998 from the University of Portland.

Impac originated $9.7 billion in retail mortgage loans last year, making it No. 15 in the U.S., according to Inside Mortgage Finance magazine. LoanDepot ranked third last year with $32.4 billion in loans.

Impac shares have fallen 35% from 52-week high in May, and it now has a $233 million market cap.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.

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