Loan Sale: $652M Closes Friday, $338M by Year-End
Banking deal: A $652 million loan sale closes this Friday, with an additional $338 million expected by December 30. Explore the structured sale timeline.
Topic
banking
A collection of 88 issues
HomeStreet's Strategy to End Four Quarters of Losses
HomeStreet Bank's strategic plan aims for profitability following four consecutive quarters of losses. Discover the banking turnaround strategy now.
Loan Sale at 92% of Unpaid Principal Balance
Explore the implications of selling loans at 92% of their unpaid principal balance. Understand its impact on banking and valuation strategies.
Bank of America to Acquire $990M in Multifamily Loans from HomeStreet
Bank of America Corp. is set to purchase $990 million in multifamily loans from HomeStreet Inc., enhancing its real estate portfolio. Discover the impact on the banking sector.
HomeStreet to Reduce Debt with Loan Proceeds
HomeStreet plans to use proceeds to pay down high-interest Federal Home Loan Bank advances and brokered deposits, aiming at effective debt management and improved profitability.
Bank of America Acquires $990M in Multifamily Loans from HomeStreet
Bank of America is set to acquire $990 million worth of multifamily loans from HomeStreet, marking a strategic move to aid HomeStreet's profitability recovery.
Bank of America to Acquire Loan Portfolio for $906 Million
Bank of America is set to acquire a loan portfolio valued at approximately $906 million, representing 92% of its total worth. Discover the implications for banking and finance.
HomeStreet Bank to Divest $990M in Multifamily Loans to Bank of America
HomeStreet Bank is selling $990 million worth of multifamily commercial real estate loans to Bank of America, impacting the banking and real estate sectors.
HomeStreet Bank Sells Multifamily Loans to Bank of America
HomeStreet Bank strategically sells multifamily loans to Bank of America to boost profitability and reduce high-cost deposits. Learn more about this banking move.
Sumitomo Mitsui's Profit Forecast Signals Strong Global Banking Trends
Explore how Sumitomo Mitsui Financial Group's robust profit forecast might influence U.S. banks with international operations, signaling strong global banking trends.