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

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 ...

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 ...

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

HomeStreet Bank said on Friday it has agreed to sell nearly $990 million of its multifamily commercial real estate loans to ...

HomeStreet (HMST) announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990M of multifamily ...

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 ...

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