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Home Finance HomeStreet Bank Enters Into Agreement to Sell $990MM in Multifamily Loans to Bank of America
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HomeStreet Bank Enters Into Agreement to Sell $990MM in Multifamily Loans to Bank of America

December 27, 20241 Mins read872
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SEATTLE-- HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the “Bank”), today announced that the Bank entered into an agreement to sell to Bank of America, on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of 92% of the principal […]

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