Shares of HomeStreet Inc (HMST) rose over 2% on Friday after the parent company of HomeStreet Bank announced that the lender ...
The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun ...
Financial services firm HomeStreet is set to sell roughly $990 million worth of multifamily commercial real estate loans to ...
HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America , in a deal ...
Shares of HomeStreet climbed after the financial-services firm agreed to sell $990 million in multi-family loans. The stock was up 10% at $12.12 in Friday morning trading. The shares are up 19% on the ...
This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...
Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...
The deal marks a major milestone for HomeStreet as it maps out a path to profitability after four consecutive quarters of ...
(RTTNews) - HomeStreet, Inc. (HMST), Friday announced that its subsidiary HomeStreet Bank has agreed to sell $990 million of multifamily commercial real estate loans to Bank of America Corp. (BAC) on ...
Bank of America Corp. agreed to buy about $990 million of multifamily commercial real estate loans from HomeStreet Inc., a ...
BofA has agreed to pay about $906 million for the loans, which accounts for nearly 92% of the value of the portfolio, HomeStreet said. "Entering into this agreement ... is the first step in ...