HomeStreet Bank offloads $990 mln multifamily loans to BofA
Bank of America acquires nearly $1B in multifamily loans
The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, Bloomberg reported. A majority of the loan sale was expected to close on Friday, while the remaining $338 million will close as soon as today.
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 and reduce costly funding sources.
Bank of America senior economist Aditya Bhave tells "Face the Nation with Margaret Brennan" that the "economy has really ...
Bank of America ( BAC -0.47%) shareholders have plenty to celebrate heading into 2025. The combination of a resilient economy ...
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Bank of America Just Paid Investors: Here’s How Much They GotBank of America Corp. (NYSE: BAC) is rewarding its shareholders once again with a quarterly dividend of $0.26, payable on ...
The Office of the Comptroller of the Currency didn’t impose a fine in the settlement over sanctions compliance, suspicious ...
Bank of America Corp. entered into a consent order with regulators for failing to file suspicious-activity reports on time ...
Both are substantial investments in Berkshire's portfolio. The Bank of America investment is one of the largest, with a $34 ...
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Bank of America Stadium Guide: Full schedule, concerts, seating map, hotels, parking, bags policy and more to know in CharlotteHere is everything you need to know about Bank of America Stadium, including a full schedule of upcoming events that will be ...
The Panthers filed for rezoning at Bank of America Stadium. It’s a necessary step for the facility’s upcoming renovations.
Since the dawning of its Depression-era San Francisco roots, Bank of America (NYSE: BAC) has weathered close to a century of wars and financial upheavals to rise as one of the stop financial ...
Cash allocations fell past a threshold that typically precedes a decline in global stocks, Bank of America's Michael Hartnett wrote. Shares of chip makers tied to the AI trade will continue to ...
Bank of America awarded $426,000 in grants to 26 nonprofits for health care, employment and affordable housing programs, ...
The stock's fall snapped a two-day winning streak.
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