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 ...
Low-level bank employees continue to get caught selling personal information, exposing a major weakness in bank security, ...
Bank of America ( BAC -0.47%) shareholders have plenty to celebrate heading into 2025. The combination of a resilient economy ...
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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 ...
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Bank of America (BAC) Stock Moves -0.97%: What You Should KnowBank of America (BAC) closed at $43.91 in the latest trading session, marking a -0.97% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.07%. On the other hand, the ...
The industry’s lowest-paid employees keep getting caught selling sensitive customer information out the back door.
Find out when Bank of America, Wells Fargo and Citi will be opening over the festive period, including December 31 andf ...
Both are substantial investments in Berkshire's portfolio. The Bank of America investment is one of the largest, with a $34 ...
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 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 ...
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The stock's fall snapped a two-day winning streak.
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