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 ...
Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...
HomeStreet agrees to sell $900M in multifamily loans to Bank of America at 92% of principal balance, part of plan to return ...
Bank of America Corp. agreed to buy about $990 million of multifamily commercial real estate loans from HomeStreet Inc., a ...
HomeStreet Bank said on Friday it has agreed to sell nearly $990 million of its multifamily commercial real estate loans to ...
The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun ...
In a report released today, Matthew Clark from Piper Sandler maintained a Hold rating on HomeStreet (HMST – Research Report), with a price ...
It is selling almost a billion dollars of its multifamily commercial real estate loans to Bank of America Seattle-based ...
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bancorp (TBBK – Research Report), Nu Holdings ...
The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, Bloomberg ...
This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...