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HomeStreet is Taking Steps to Streamline Mortgage Banking Operations

HomeStreet, Inc. (Nasdaq:HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”) is taking steps to streamline operations in its Mortgage Banking segment after experiencing several ... read more

Blue Lion says HomeStreet's `piecemeal' cuts don't go far enough

HomeStreet (HMST-0.3%)shareholder Blue Lion Capital says the bank's recent announcements to streamline its mortgage banking operations aren't aggressive enough and are taking too long. HMST should close all mortgage origination offices that aren't able to ... read more

HomeStreet Announces Restructuring of Mortgage Banking Segment

We do not see a near-term market catalyst that would result in a meaningful improvement in production volumes, therefore we have taken steps to reduce our mortgage ... concerning HomeStreet, Inc. and HomeStreet Bank, and their operations, performance ... read more

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HomeStreet, Inc. Reports First Quarter 2018 Results

In response to the ongoing challenges in our Mortgage Banking Segment and reduced expectations for growth, in April we took steps to improve ... looking statements concerning HomeStreet, Inc. and HomeStreet Bank and their operations, performance, financial ... read more

Colorado Springs bank no longer under federal restrictions

Federal regulators have released Academy Bank in Colorado Springs and four out-of-state institutions owned by the same holding company from federal orders that required them to restrict lending, prohibit paying dividends to owners and take steps to reduce ... read more

U.S. Bank is First to Europe With Visa Payables Automation for Business

The bank ... can now take advantage of Visa Payables Automation to streamline the accounts payable process,” said Tad Fordyce, SVP and head of Global Commercial Solutions, Visa Inc. “By automating, corporate clients eliminate processing steps and ... read more

Citigroup starts downsizing with brokerage sale

comes as the company still struggles in the aftermath of the mortgage and credit crisis. There is speculation that CEO Vikram Pandit, who for months supported Citigroup as a "universal bank," will be taking further steps to simplify and streamline the company. read more

HomeStreet's (HMST) CEO Mark Mason on Q3 2017 Results - Earnings Call Transcript

HomeStreet ... our operations and review our progress in executing our business strategy. We are happy to report solid financial results for the third quarter, despite challenging mortgage market and cost related to restructuring of our mortgage banking ... read more

HomeStreet Sends Letter to Shareholders

The Mortgage Banking Business remains an important part of HomeStreet’s heritage – since our founding as a privately held mortgage company in 1921 – and our business going forward. We believe that these restructuring steps will align our cost ... read more


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