The bank’s widely expected drop in fourth-quarter profit comes after it settled legal claims over its mortgage business. It earned 3 cents a share, narrowly beating estimates.

Topics:  profit   bank   mortgage   
BING NEWS:
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    HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America, in a deal that the Seattle-based lender said would help it return to profitability ...
    12/27/2024 - 7:45 am | View Link
  • HomeStreet Bank offloads $990 mln multifamily loans to BofA in profit push
    HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America , in a deal that the Seattle-based lender said would help it return to profitability ...
    12/27/2024 - 3:23 am | View Link
  • HomeStreet Bank sells $990M in loans to BofA in strategic profit push
    This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of expensive funding sources.
    12/27/2024 - 3:03 am | View Link
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