IMH Family of Companies

Lawrence D. Bain

Lawrence D. BainChairman & Chief Executive Officer

Mr. Bain was appointed as the Company’s new Chief Executive Officer and Chairman of our Board of Directors on July 24, 2014. Since 2009, Mr. Bain has served as a strategic consultant to the Company and provided the Company with services related to asset management and disposition as well as loan underwriting. During the period of his consultancy, Mr. Bain has also served as managing partner of ITH Partners, LLC, a private equity firm. Mr. Bain brings significant operating and board experience gained in roles as a chief executive officer and chairman over the last fourteen years. From 2000 to 2009, Mr. Bain served as chief executive officer for True North Advisors, LLC (a private equity investment fund and an affiliate of the private equity firm, True North Partners, LLC). From 2004 to 2009, Mr. Bain served as chief executive officer of ProLink Solutions, LLC, which designs, manufactures, maintains and sells global positioning satellite (GPS) golf course management systems and software to golf course owners and operators worldwide. Mr. Bain spent approximately 20 years in the securities industry holding managing director positions at Stifel, Nicolaus & Company, Inc., Everen Securities, Dean Witter and EF Hutton. Mr. Bain is a graduate of the Ohio State University and attended the Securities Industry Executive Program at The Wharton School. In addition to his other duties, Mr. Bain will serve as the Chair of the Investment Committee.