HomeStreet (HMST) Tops Q2 EPS by 20c
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HomeStreet, Inc. Reports Second Quarter 2018 Results
July 23, 2018 4:05 PM EDTKey highlights and developments for second quarter 2018:
Appointed Sandra Cavanaugh to our Board of Directors and appointed Donald R. Voss as Lead Independent Director Sold $4.90 billion in unpaid balance of our single family mortgage servicing rights at a gain of $573 thousand Implemented plan to streamline our Mortgage Banking operations which we estimate will reduce pre-tax expenses by $13.1 million annually in this segment Grew loans held for investment to $4.90 billion, an increase of $123.1 million, or 3%, from $4.78 billion at March 31, 2018, and an increase of $720.6 million, or 17%, from $4.18... More