Seattle-based HomeStreet Inc. (Nasdaq: HMST) and its subsidiary HomeStreet Bank on Monday closed the sale of $990 million of ...

HomeStreet Bank parent company HomeStreet Inc. has completed the sale of $990 million in multi-family commercial real estate ...

Seattle-based HomeStreet Inc. (Nasdaq: HMST) and its subsidiary HomeStreet Bank are selling about $990 million of multifamily ...

The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun ...

HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America , in a deal ...

BofA has agreed to pay about $906 million for the loans —roughly 92% of the value of the portfolio. The slight discount ...

This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...

Bank of America is the #2 bank in the US but faces a number of headwinds in the next half decade for its stock to match its ...

It’s another sign that suggests waiting for deep distress discounts may not offer the rewards investors might hope.

Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...

HMST agrees to sell multifamily loans worth $990 million to BAC to reduce expensive funding sources and enhance profitability.

HomeStreet agrees to sell $900M in multifamily loans to Bank of America at 92% of principal balance, part of plan to return ...