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HomeStreet Arm to Unload $990M Multifamily Loans to Bank of AmericaHMST agrees to sell multifamily loans worth $990 million to BAC to reduce expensive funding sources and enhance profitability.
It’s another sign that suggests waiting for deep distress discounts may not offer the rewards investors might hope.
HomeStreet (HMST) announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990M of multifamily ...
HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the "Bank"), announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990 ...
On Monday, Piper Sandler maintained a Neutral rating on HomeStreet (NASDAQ:HMST) stock with a price target of $11.00. The firm's decision follows HomeStreet's recent agreement to sell a portfolio ...
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