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HomeStreet Inc (NASDAQ:HMST)

During the Trading Day
21.78 -0.09 / -0.41%
As of 3:59pm ET
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During After-Hours   Switch to standard view »
21.78 +0.0044 / +0.02%
 
Volume: 1.8K
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$482.7M

Company Description

HomeStreet, Inc. is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The company operates its business in two business segments: Commercial and Consumer Banking and Mortgage Banking. The Commercial and Consumer Banking segment provides diversified financial products and services to commercial and consumer customers through personal service at bank branches and through ATMs, online, mobile and telephone banking. These products and services include deposit products; residential, consumer and business portfolio loans; investment products; insurance products and cash management services and originate residential and commercial construction loans, bridge loans and permanent loans for the company's portfolio primarily on single family residences, and on office, retail, industrial and multifamily property types. The Mortgage Banking segment originates and purchases single family mortgage loans for sale in the secondary markets. It also purchase mortgage loans from WMS LLC through a correspondent arrangement with that company. The company manage the loan funding and the interest rate risk associated with the secondary market loan sales and the retained servicing rights within this business segment. The company was founded in 1921 and is headquartered in Seattle, WA.

Contact Information

HomeStreet, Inc.
601 Union Street
Seattle Washington 98101
P:(206) 623-3050
Investor Relations:

Employees

Shareholders

Other institutional42.91%
Mutual fund holders24.38%
Individual stakeholders14.95%

Top Executives

Mark K. MasonChairman, President & Chief Executive Officer
Melba BartelsEVP, Chief Financial & Accounting Officer
Darrell van AmenTreasurer, Chief Investment Officer & EVP
Jay C. IsemanChief Credit Officer & Executive Vice President
Godfrey B. EvansSecretary, Chief Administrative Officer & EVP