UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 or 15(d) OF THE
                       SECURTIES AND EXCHANGE ACT OF 1934

        Date of Report (date of earliest event reported): August 16, 2004

                          IMPAC MORTGAGE HOLDINGS, INC.
             (Exact Name of Registrant as Specified in its Charter)

           Maryland                        1-14100               33-0675505
(State or other jurisdiction of          (Commission         (I.R.S. Employer
incorporation or organization)           File Number)       Identification No.)

     1401 Dove Street Newport Beach, CA                           92660
 (Address of Principal Executive Offices)                       (Zip Code)

       Registrant's telephone number, including area code: (949) 475-3600



Item 12. Results of Operations and Financial Condition.

On August 16, 2004, the Company issued a press release announcing financial
results for the quarter ended June 30, 2004.

The information in this Current Report is being furnished and shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that Section. The
information in this Current Report shall not be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such a filing.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                          IMPAC MORTGAGE HOLDINGS, INC.

Date: August 17, 2004

                                          By:    /s/ Richard J. Johnson
                                                 ----------------------
                                          Name:  Richard J. Johnson
                                          Title: Executive Vice President
                                                 and Chief Financial Officer



                                 Exhibit Index

Exhibit 99.1 Press Release dated August 16, 2004