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 ...
Find out when Bank of America, Wells Fargo and Citi will be opening over the festive period, including December 31 andf ...
The industry’s lowest-paid employees keep getting caught selling sensitive customer information out the back door.
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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 ...
Bank of America Corp. entered into a consent order with regulators for failing to file suspicious-activity reports on time ...
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Bank of America Says to Crash Proof Your Portfolio With These 3 ‘Magnificent 7’ StocksThese companies collectively added a staggering $5.1 trillion in total market cap during 2023, and the universe of all ...
Both are substantial investments in Berkshire's portfolio. The Bank of America investment is one of the largest, with a $34 ...
The Panthers filed for rezoning at Bank of America Stadium. It’s a necessary step for the facility’s upcoming renovations.
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 ...
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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 stock's fall snapped a two-day winning streak.
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