A recent round of layoffs at CashCall Inc. has been attributed to seasonal and market factors that are expected to impact the entire home-lending industry.

Justin Moisio, vice president of business development and investor relations at parent Impac Mortgage Corp., confirmed the layoffs in a written statement Tuesday.

Irvine, California-based Impac acquired CashCall back in January of last year. Anaheim, California-based CashCall operates as a centralized retail call center.

Source: Mortgage Daily