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HomeStreet acquiesces to activist investor, will sell mortgage unit. HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.
The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.
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Once a moneymaker and executive training spot, the business is no longer cost-effective; Edward Bramson wants a board seat. Morning scan George Yacik February 6. Union Bankshares to rebrand following wave of acquisitions. More about Call of Duty Since the game was added to our catalog in , it has obtained , downloads, and last week it achieved 1, downloads.
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