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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.
HomeStreet Bank to sell $990M of its real estate loans to BofA
Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered deposits.
1d
Bank of America senior economist says the "economy has really solid momentum" going into 2025
Bank of America senior economist Aditya Bhave tells "Face the Nation with Margaret Brennan" that the "economy has really ...
31m
Bank opening hours on New Year’s Eve and New Year Day: Bank of America, Wells Fargo, Citi…
Find out when Bank of America, Wells Fargo and Citi will be opening over the festive period, including December 31 andf ...
1h
Bank insiders are leaking data on client accounts as scams surge
The industry’s lowest-paid employees keep getting caught selling sensitive customer information out the back door.
1d
on MSN
Is Bank of America Stock a Buy Before Jan. 16?
Bank of America ( BAC -0.47%) shareholders have plenty to celebrate heading into 2025. The combination of a resilient economy ...
1h
Rank-and-file bank workers sell client data to online scammers: report
Low-level bank employees continue to get caught selling personal information, exposing a major weakness in bank security, according to a report.
24/7 Wall St. on MSN
3d
Bank of America Just Paid Investors: Here’s How Much They Got
Bank of America Corp. (NYSE: BAC) is rewarding its shareholders once again with a quarterly dividend of $0.26, payable on ...
7d
Bank of America Reaches Anti-Money-Laundering Consent Agreement With OCC
Bank of America Corp. entered into a consent order with regulators for failing to file suspicious-activity reports on time ...
2d
on MSN
S&P 500 Poised For Best Year Vs. Global Stocks Since 1997: Bank Of America Warns Of 2005 Rotation
The S&P 500 index is set to end 2024 with its strongest edge over global equities in nearly 30 years, a remarkable streak ...
3d
on MSN
Better Warren Buffett Stock: Ally Financial vs. Bank of America
Both are substantial investments in Berkshire's portfolio. The Bank of America investment is one of the largest, with a $34 ...
12d
Panthers file for rezoning at Bank of America Stadium to pave way for renovations
The Panthers filed for rezoning at Bank of America Stadium. It’s a necessary step for the facility’s upcoming renovations.
7d
Bank opening hours on Christmas Eve and Day 2024: Bank of America, Citi, Wells Fargo, JP Morgan, Goldman Sachs
December 25, Christmas Day, is the last of those holidays for 2024. Christmas Eve is not a federal holiday but some banks ...
Sporting News on MSN
1d
Bank of America Stadium Guide: Full schedule, concerts, seating map, hotels, parking, bags policy and more to know in Charlotte
Here is everything you need to know about Bank of America Stadium, including a full schedule of upcoming events that will be ...
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