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Mortgage lender HomeStreet shuts offices, lays off more than 100 full-timers

Jul 26, 2018By

“Given the persistent shortage of new and retail housing and increased interest rates, reducing demand for both purchase and refinanced mortgages, along with recent decrease in our composite margins, we took additional steps in the quarter to streamline our mortgage banking operations,” CEO Mark Mason explained.

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

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