HomeStreet Sells $990 Million in Loans to Bank of America HomeStreet Inc. aims for profitability by selling $990 million in loans to Bank of America, strategically managing debt and rebounding from losses. Discover the financial impact.
HomeStreet Bank Offloads $990M Multifamily Loans to BofA HomeStreet Bank strengthens its financial position by selling a $990M multifamily loan portfolio to Bank of America for $906M, boosting profitability and reducing debt.