Seattle-based HomeStreet Bank has agreed to sell its $794 million Ginnie Mae loan servicing portfolio to an undisclosed “experienced” buyer, the company announced in a regulatory filing. The transaction is scheduled to close on August 1. 

“As HomeStreet carried this servicing portfolio at current market value at June 30, 2025, no gain or loss is expected to be realized upon the close of the sale,” the company stated in a filing with the Securities and Exchange Commission (SEC).

The transaction is subject to customary closing conditions. details ⇒

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