HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America , in a deal ...
Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...
The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun ...
HomeStreet (NASDAQ:HMST) agreed to offload $900M of multifamily commercial real estate loans to Bank of America (NYSE:BAC) at ...
Bank of America Corp. agreed to buy about $990 million of multifamily commercial real estate loans from HomeStreet Inc., a ...
Financial services firm HomeStreet is set to sell roughly $990 million worth of multifamily commercial real estate loans to ...
(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 ...
This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...
"Entering into this agreement and completing the sale of $990 million of multifamily loans is the first step in implementing a new strategic plan which we expect to result in a return to profitability ...
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 ...
HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America, in a deal ...
HomeStreet (HMST) announced that the bank entered into an agreement to sell to Bank of America (BAC), on a servicing retained basis, $990M of multifamily commercial real estate loans, at a price, ...