Homestreet Inc (HMST) 18.11 $HMST
HomeStreet, Inc. Reports Second Quarter 2014 Results
Business Wire - Mon Jul 28, 7:15PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank (the "Bank" , today announced net income of $9.4 million, or $0.63 per diluted share, for the second quarter of 2014, compared to net income of $2.3 million, or $0.15 per share, for the first quarter of 2014 and net income of $12.1 million, or $0.82 per share, for the second quarter of 2013.
HomeStreet Appoints Financial Services Veteran Timothy Chrisman to Board of Directors
Business Wire - Mon Jul 21, 4:42PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet" , the parent company of HomeStreet Bank (the "Bank" , has appointed Timothy R. Chrisman to fill a newly created vacancy on the board of directors of the Company. In addition, the board of directors of the Bank appointed Mr. Chrisman to fill an existing vacancy on its board. Chrisman is the founding partner and chief executive officer of Chrisman & Company, a Los Angeles-based executive search firm focusing on senior executive staff and directors for the financial services industry.
WGU Washington Partners with HomeStreet Bank on Homeownership Benefit
Business Wire - Wed Jul 16, 11:00AM CDT
HomeStreet Bank today announced that the Hometown Home Loan Program is now available to students, alumni and staff of WGU Washington, the state's only legislatively-endorsed, online university.
HomeStreet Executes and Closes Agreement to Sell Mortgage Servicing Rights to SunTrust Mortgage
Business Wire - Mon Jun 30, 6:00PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet" , the parent company of HomeStreet Bank (the "Bank" , announced today that the Bank has executed and closed a definitive agreement selling a portion of its single family mortgage servicing rights portfolio to SunTrust Mortgage, Inc. ("SunTrust" . The transaction closed on June 30, 2014 and provides for the sale of the rights to service approximately $3 billion in total unpaid principal balance of single family mortgage loans serviced for Fannie Mae, which represents about 25% of HomeStreet's total single family mortgage loans serviced for others portfolio as of March 31, 2014. The sale is expected to result in an increase of approximately $5.4 million in mortgage servicing income for the quarter ending June 30, 2014.
HomeStreet, Inc. Schedules Second Quarter 2014 Earnings Call for Tuesday, July 29, 2014
Business Wire - Mon Jun 30, 12:00PM CDT
HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, July 29, 2014 at 1:00 p.m. EDT. Mark K. Mason, President and CEO, will discuss second quarter 2014 results and provide an update on recent activities. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at http://dpregister.com/10048388 or may join the call by dialing 1-877-508-9589 (1-855-669-9657 in Canada) shortly before 1:00 p.m. EDT. A rebroadcast will be available approximately one hour after the conference call by dialing 1-877-344-7529 and entering passcode 10048388.
How To YieldBoost HomeStreet From 0.6% To 13.8% Using Options
StockOptionsChannel.com - Thu Mar 20, 10:39AM CDT
Shareholders of HomeStreet Inc looking to boost their income beyond the stock's 0.6% annualized dividend yield can sell the May covered call at the $20 strike and collect the premium based on the 40 cents bid, which annualizes to an additional 13.2%...
HomeStreet Announces Sale of Residential Mortgage Loans
Business Wire - Wed Mar 05, 5:00AM CST
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet" , the parent company of HomeStreet Bank, today announced its intent to sell two pools of residential loans, retaining the right to service such loans. The first pool is comprised of fixed-rate residential mortgage loans with outstanding principal balances of approximately $105 million. The second pool is comprised of adjustable rate residential mortgage loans with outstanding principal balances of approximately $222 million. The mortgage loans subject to these sales are located in Washington, Oregon, Idaho and Hawaii. The $105 million pool sale is expected to close in March 2014 and the $222 million pool sale is expected to close in April 2014. These sales are subject to numerous contingencies, including the successful negotiation and execution of final agreements between the parties.
HomeStreet Bank Implements TeleVoice IVR Solutions
Close-Up Media - Thu Feb 20, 12:25AM CST
TeleVoice, a provider of customized telephony applications, announced that Seattle-based HomeStreet Bank, a wholly-owned subsidiary of HomeStreet, Inc., has implemented the company's call center solutions to achieve compliance with the latest mortgage servicing regulations while supporting the management of its expanding mortgage lending footprint and increasing volume of customer service calls.
HomeStreet Bank Implements TeleVoice IVR Solutions to Support Business Growth, Compliance Needs
Business Wire - Mon Feb 17, 9:21AM CST
TeleVoice, a provider of customized telephony applications, announced that Seattle-based HomeStreet Bank ($3.07 billion asset), a wholly-owned subsidiary of HomeStreet, Inc. (NASDAQ: HMST), has implemented the company's call center solutions to achieve compliance with the latest mortgage servicing regulations while supporting the management of its expanding mortgage lending footprint and increasing volume of customer service calls.
HomeStreet, Inc. Reports Fourth Quarter and Year-End 2013 Results
Business Wire - Tue Jan 28, 5:00AM CST
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet" , the parent company of HomeStreet Bank (the "Bank" , today announced a net loss of $861 thousand, or $(0.06) per diluted share for the fourth quarter of 2013. Excluding acquisition-related expenses of $4.1 million, net income for the quarter was $1.8 million,(1) or $0.12(1) per diluted share, compared to net income of $2.0 million,(1) or $0.13(1) per share, for the third quarter of 2013 and $21.5 million, or $1.46 per share, for the fourth quarter of 2012. For the full year 2013, net income was $23.8 million, or $1.61 per share. Excluding acquisition-related expenses of $4.5 million, net income for 2013 was $26.8 million,(1) or $1.81(1) per diluted share, compared to $82.1 million, or $5.98 per share for 2012.
HomeStreet announces special dividend of USD0.11 per share
M2 - Mon Jan 27, 3:00AM CST
A diversified financial services company HomeStreet Inc's (NASDAQ:HMST) board of directors authorised a special common stock cash dividend of USD0.11 per share, the company revealed on Friday.
HomeStreet Declares Cash Dividend
Business Wire - Fri Jan 24, 7:00AM CST
HomeStreet, Inc. ("the Company" (NASDAQ:HMST) announced today that its board of directors has approved a special cash dividend of $0.11 per common share, payable on February 24, 2014 to shareholders of record as of the close of business on February 3, 2014.
HomeStreet Bank Receives "Outstanding" Rating Under Community Reinvestment Act
Business Wire - Wed Jan 08, 12:33PM CST
HomeStreet Bank has received an "Outstanding" rating under the Community Reinvestment Act (CRA), a federal regulation that evaluates how effectively federally-insured banks and thrifts meet the credit needs of their communities, including low- and moderate-income residents. HomeStreet Bank is one of very few banks in the country that has maintained an outstanding rating since the Community Reinvestment Act was passed in 1977.
HomeStreet, Inc. Schedules Fourth Quarter and Year-End 2013 Earnings Call for Tuesday, January 28, 2014
Business Wire - Mon Jan 06, 11:19AM CST
HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, January 28, 2014 at 1:00 p.m. ET. Mark K. Mason, President and CEO, will discuss fourth quarter and year-end 2013 results and provide an update on recent activities. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may join the call by dialing 1-888-317-6016 (1-855-669-9657 in Canada) shortly before 1:00 p.m. ET. A rebroadcast will be available approximately one hour after the conference call by dialing 1-877-344-7529 and entering passcode 10037782.
Cheapest U.S. Bank Stock May Surprise You
at The Street - Fri Jan 03, 11:58AM CST
The largest U.S. banks trade at much lower forward P/E valuations than regional banks, but the cheapest name on this basis is far from a household name.
Seahawks and Sounders FC Fans Eligible for Homeownership Benefit
Business Wire - Thu Jan 02, 12:05PM CST
HomeStreet Bank, a subsidiary of HomeStreet, Inc. (NASDAQ:HMST) today announced that the Hometown Home Loan Program is now available to season ticket holders and employees of the Seattle Seahawks and Seattle Sounders FC. The partnership breaks new ground by extending this unique housing benefit program to more than 93,000 season ticket holders.
UPDATE: GardaWorld Signs a 12-Year, $1.4bn Cash Vault Outsourcing Partnership with One of the Leading Financial Institutions in the US
Marketwire - Wed Dec 18, 11:26AM CST
Editors' Note: There is a photo and a video associated with this press release.
HomeStreet announces expansion of mortgage operations in California
M2 - Fri Sep 06, 4:01AM CDT
A diversified financial services company and a wholly owned subsidiary of HomeStreet Inc (NASDAQ:HMST), HomeStreet Bank expanded its mortgage operations in California with the opening of six home loan centres to serve Northern and Central California, it disclosed on Thursday.
HomeStreet Expands Mortgage Business in Northern and Central California
Business Wire - Thu Sep 05, 6:00PM CDT
HomeStreet Bank, a wholly owned subsidiary of HomeStreet, Inc. (NASDAQ:HMST), announced that it has expanded its mortgage operations in California, opening six home loan centers to serve Northern and Central California. The new centers are located in Sonoma, Napa, Fairfield, Elk Grove, Campbell and Carmel Valley. The bank opened its first California home loan center in February in Pasadena (Los Angeles County).
The Threat From Higher Mortgage Rates: Truth vs. Fiction
Matt Koppenheffer, The Motley Fool - Motley Fool - Sun Aug 11, 12:13PM CDT
Let's start out with a chart that tells a story of its own. Source: Federal Reserve Bank of St. Louis. The sharp uptick in mortgage rates since the beginning of the year hasn't been music to the ears of folks who are either in the market to...
HomeStreet, Inc. Reports Second Quarter 2014 Results
Business Wire - Mon Jul 28, 7:15PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank (the "Bank" , today announced net income of $9.4 million, or $0.63 per diluted share, for the second quarter of 2014, compared to net income of $2.3 million, or $0.15 per share, for the first quarter of 2014 and net income of $12.1 million, or $0.82 per share, for the second quarter of 2013. HomeStreet Appoints Financial Services Veteran Timothy Chrisman to Board of Directors
Business Wire - Mon Jul 21, 4:42PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank (the "Bank" , has appointed Timothy R. Chrisman to fill a newly created vacancy on the board of directors of the Company. In addition, the board of directors of the Bank appointed Mr. Chrisman to fill an existing vacancy on its board. Chrisman is the founding partner and chief executive officer of Chrisman & Company, a Los Angeles-based executive search firm focusing on senior executive staff and directors for the financial services industry. WGU Washington Partners with HomeStreet Bank on Homeownership Benefit
Business Wire - Wed Jul 16, 11:00AM CDT
HomeStreet Bank today announced that the Hometown Home Loan Program is now available to students, alumni and staff of WGU Washington, the state's only legislatively-endorsed, online university.
HomeStreet Executes and Closes Agreement to Sell Mortgage Servicing Rights to SunTrust Mortgage
Business Wire - Mon Jun 30, 6:00PM CDT
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank (the "Bank" , announced today that the Bank has executed and closed a definitive agreement selling a portion of its single family mortgage servicing rights portfolio to SunTrust Mortgage, Inc. ("SunTrust" . The transaction closed on June 30, 2014 and provides for the sale of the rights to service approximately $3 billion in total unpaid principal balance of single family mortgage loans serviced for Fannie Mae, which represents about 25% of HomeStreet's total single family mortgage loans serviced for others portfolio as of March 31, 2014. The sale is expected to result in an increase of approximately $5.4 million in mortgage servicing income for the quarter ending June 30, 2014. HomeStreet, Inc. Schedules Second Quarter 2014 Earnings Call for Tuesday, July 29, 2014
Business Wire - Mon Jun 30, 12:00PM CDT
HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, July 29, 2014 at 1:00 p.m. EDT. Mark K. Mason, President and CEO, will discuss second quarter 2014 results and provide an update on recent activities. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at http://dpregister.com/10048388 or may join the call by dialing 1-877-508-9589 (1-855-669-9657 in Canada) shortly before 1:00 p.m. EDT. A rebroadcast will be available approximately one hour after the conference call by dialing 1-877-344-7529 and entering passcode 10048388.
How To YieldBoost HomeStreet From 0.6% To 13.8% Using Options
StockOptionsChannel.com - Thu Mar 20, 10:39AM CDT
Shareholders of HomeStreet Inc looking to boost their income beyond the stock's 0.6% annualized dividend yield can sell the May covered call at the $20 strike and collect the premium based on the 40 cents bid, which annualizes to an additional 13.2%...
HomeStreet Announces Sale of Residential Mortgage Loans
Business Wire - Wed Mar 05, 5:00AM CST
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank, today announced its intent to sell two pools of residential loans, retaining the right to service such loans. The first pool is comprised of fixed-rate residential mortgage loans with outstanding principal balances of approximately $105 million. The second pool is comprised of adjustable rate residential mortgage loans with outstanding principal balances of approximately $222 million. The mortgage loans subject to these sales are located in Washington, Oregon, Idaho and Hawaii. The $105 million pool sale is expected to close in March 2014 and the $222 million pool sale is expected to close in April 2014. These sales are subject to numerous contingencies, including the successful negotiation and execution of final agreements between the parties. HomeStreet Bank Implements TeleVoice IVR Solutions
Close-Up Media - Thu Feb 20, 12:25AM CST
TeleVoice, a provider of customized telephony applications, announced that Seattle-based HomeStreet Bank, a wholly-owned subsidiary of HomeStreet, Inc., has implemented the company's call center solutions to achieve compliance with the latest mortgage servicing regulations while supporting the management of its expanding mortgage lending footprint and increasing volume of customer service calls.
HomeStreet Bank Implements TeleVoice IVR Solutions to Support Business Growth, Compliance Needs
Business Wire - Mon Feb 17, 9:21AM CST
TeleVoice, a provider of customized telephony applications, announced that Seattle-based HomeStreet Bank ($3.07 billion asset), a wholly-owned subsidiary of HomeStreet, Inc. (NASDAQ: HMST), has implemented the company's call center solutions to achieve compliance with the latest mortgage servicing regulations while supporting the management of its expanding mortgage lending footprint and increasing volume of customer service calls.
HomeStreet, Inc. Reports Fourth Quarter and Year-End 2013 Results
Business Wire - Tue Jan 28, 5:00AM CST
HomeStreet, Inc. (NASDAQ:HMST) (the "Company" or "HomeStreet"
, the parent company of HomeStreet Bank (the "Bank" , today announced a net loss of $861 thousand, or $(0.06) per diluted share for the fourth quarter of 2013. Excluding acquisition-related expenses of $4.1 million, net income for the quarter was $1.8 million,(1) or $0.12(1) per diluted share, compared to net income of $2.0 million,(1) or $0.13(1) per share, for the third quarter of 2013 and $21.5 million, or $1.46 per share, for the fourth quarter of 2012. For the full year 2013, net income was $23.8 million, or $1.61 per share. Excluding acquisition-related expenses of $4.5 million, net income for 2013 was $26.8 million,(1) or $1.81(1) per diluted share, compared to $82.1 million, or $5.98 per share for 2012. HomeStreet announces special dividend of USD0.11 per share
M2 - Mon Jan 27, 3:00AM CST
A diversified financial services company HomeStreet Inc's (NASDAQ:HMST) board of directors authorised a special common stock cash dividend of USD0.11 per share, the company revealed on Friday.
HomeStreet Declares Cash Dividend
Business Wire - Fri Jan 24, 7:00AM CST
HomeStreet, Inc. ("the Company"
(NASDAQ:HMST) announced today that its board of directors has approved a special cash dividend of $0.11 per common share, payable on February 24, 2014 to shareholders of record as of the close of business on February 3, 2014. HomeStreet Bank Receives "Outstanding" Rating Under Community Reinvestment Act
Business Wire - Wed Jan 08, 12:33PM CST
HomeStreet Bank has received an "Outstanding" rating under the Community Reinvestment Act (CRA), a federal regulation that evaluates how effectively federally-insured banks and thrifts meet the credit needs of their communities, including low- and moderate-income residents. HomeStreet Bank is one of very few banks in the country that has maintained an outstanding rating since the Community Reinvestment Act was passed in 1977.
HomeStreet, Inc. Schedules Fourth Quarter and Year-End 2013 Earnings Call for Tuesday, January 28, 2014
Business Wire - Mon Jan 06, 11:19AM CST
HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, January 28, 2014 at 1:00 p.m. ET. Mark K. Mason, President and CEO, will discuss fourth quarter and year-end 2013 results and provide an update on recent activities. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may join the call by dialing 1-888-317-6016 (1-855-669-9657 in Canada) shortly before 1:00 p.m. ET. A rebroadcast will be available approximately one hour after the conference call by dialing 1-877-344-7529 and entering passcode 10037782.
Cheapest U.S. Bank Stock May Surprise You
at The Street - Fri Jan 03, 11:58AM CST
The largest U.S. banks trade at much lower forward P/E valuations than regional banks, but the cheapest name on this basis is far from a household name.
Seahawks and Sounders FC Fans Eligible for Homeownership Benefit
Business Wire - Thu Jan 02, 12:05PM CST
HomeStreet Bank, a subsidiary of HomeStreet, Inc. (NASDAQ:HMST) today announced that the Hometown Home Loan Program is now available to season ticket holders and employees of the Seattle Seahawks and Seattle Sounders FC. The partnership breaks new ground by extending this unique housing benefit program to more than 93,000 season ticket holders.
UPDATE: GardaWorld Signs a 12-Year, $1.4bn Cash Vault Outsourcing Partnership with One of the Leading Financial Institutions in the US
Marketwire - Wed Dec 18, 11:26AM CST
Editors' Note: There is a photo and a video associated with this press release.
HomeStreet announces expansion of mortgage operations in California
M2 - Fri Sep 06, 4:01AM CDT
A diversified financial services company and a wholly owned subsidiary of HomeStreet Inc (NASDAQ:HMST), HomeStreet Bank expanded its mortgage operations in California with the opening of six home loan centres to serve Northern and Central California, it disclosed on Thursday.
HomeStreet Expands Mortgage Business in Northern and Central California
Business Wire - Thu Sep 05, 6:00PM CDT
HomeStreet Bank, a wholly owned subsidiary of HomeStreet, Inc. (NASDAQ:HMST), announced that it has expanded its mortgage operations in California, opening six home loan centers to serve Northern and Central California. The new centers are located in Sonoma, Napa, Fairfield, Elk Grove, Campbell and Carmel Valley. The bank opened its first California home loan center in February in Pasadena (Los Angeles County).
The Threat From Higher Mortgage Rates: Truth vs. Fiction
Matt Koppenheffer, The Motley Fool - Motley Fool - Sun Aug 11, 12:13PM CDT
Let's start out with a chart that tells a story of its own. Source: Federal Reserve Bank of St. Louis. The sharp uptick in mortgage rates since the beginning of the year hasn't been music to the ears of folks who are either in the market to...
