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HomeStreet’s exit from mortgages presents opportunity for Hawaii lenders – HomeStreet Bank’s announcement late last week that it intends to sell its home loan centers could mean another change this year for the hawaii residential mortgage market, which already saw the expans.
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Aussie’s James Symond says Hayne change will destroy mortgage competition – The elimination of mortgage broking trailing commissions will halve the average annual income of a broker to $40,000, triggering an exodus from the industry and choking off bricks-and-mortar distribut.
HomeStreet Bank Announces Intent to Seek Buyers for its Home Loan Center-Based Mortgage Origination Business and Servicing Rights – SEATTLE–(BUSINESS WIRE)–HomeStreet, Inc. (Nasdaq:HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank (“HomeStreet Bank”), announced today that it has retained Keefe, Bruyett.