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HMST > SEC Filings for HMST > Form 8-K on 5-Mar-2014All Recent SEC Filings

Show all filings for HOMESTREET, INC.

Form 8-K for HOMESTREET, INC.


5-Mar-2014

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events

On March 5, 2014, HomeStreet, Inc. ("HomeStreet") announced its intent to sell two pools of residential loans, retaining the right to service such loans. The first pool is comprised of fixed-rate residential mortgage loans with outstanding principal balances of approximately $105 million, expected to close in March 2014; the second pool is comprised of adjustable rate residential mortgage loans with outstanding principal balances of approximately $222 million, and is expected to close in April 2014. The mortgage loans subject to these sales are located in Washington, Oregon, Idaho and Hawaii. The sales are subject to numerous contingencies, including the successful negotiation and execution of a final agreement between the parties.

The press release is attached as Exhibit 99.1.

The information in this Current Report, including the press release furnished as Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits. Exhibit 99.1 HomeStreet, Inc. press release announcing intention to sell two pools of residential mortgage loans, retaining the right to service such loans.


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