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HomeStreet Bank moves to sell off almost entire mortgage business

Feb 15, 2019By

After struggling to keep up with the mortgage business’ new reality of lower refinance originations due to higher mortgage interest rates, HomeStreet Bank is plotting a mass exodus from the mortgage business. The bank announced Friday that it is planning to sell off its entire retail mortgage operation, which includes 72 home loan centers in five states.

3d rendering of a row of luxury townhouses along a street

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