HomeStreet Bank sells $990M in multifamily loans to Bank of America to boost profitability. HomeStreet Bank vende $990M en préstamos multifamiliares a Bank of America para impulsar la rentabilidad.

HomeStreet Bank has agreed to sell a $990 million portfolio of multifamily loans to Bank of America. HomeStreet Bank ha acordado vender una cartera de $990 millones de préstamos multifamiliares a Bank of America. This move is part of HomeStreet's strategy to boost profitability by focusing on other lending areas. Este movimiento es parte de la estrategia de HomeStreet para aumentar la rentabilidad centrándose en otras áreas de préstamos. The transaction is expected to streamline HomeStreet's operations and increase its financial flexibility. Se espera que la transacción racionalice las operaciones de HomeStreet y aumente su flexibilidad financiera.