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HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify.
November 27 -
Mortgage closing costs average nearly $4,900 nationwide. But in some states, those fees can reach or exceed five figures. Here's a look at the areas where it costs the most to close a mortgage.
November 21 -
Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.
November 21 -
Karen Stratton doesn't cry often. But the Spokane, Wash., councilwoman teared up last week as she looked out on the High Drive Conservation Area from her late aunt's home on South Maple Boulevard.
November 15 -
The U.S. Justice Department has sued the largest foreclosure trustee in the Pacific Northwest, claiming it illegally foreclosed on at least 28 military members or veterans in the past six years.
November 10 -
Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.
November 8 -
Seattle is now a full year into its reign as the hottest housing market in the country, an unusually long surge that doesn't look likely to end anytime soon.
November 3 -
Most secondary market outlets, along with the non-qualified mortgage lenders, remain reluctant to lend to legal cannabis workers because of the source and nature of their compensation, but opportunities are beginning to emerge.
October 25 -
Cannabis businesses are legal in 29 states, but compliance questions on the federal level are keeping mortgage lenders from making loans to the industry's workers.
October 23 -
As a year of record-breaking home-price increases continues across the Seattle area, millennials and other first-time buyers are coming to grips with the reality that they simply can't save up quickly enough to match the rise in home costs.
October 6 -
The Seattle company, which has cut about 130 positions in the business in recent months, pointed to lower originations tied to a shortage of new and resale housing.
October 2 -
Seattle has been leading the country in home price increases for a while. Now, no other region is even close.
September 29 -
Homeowners gained an average of $12,987 in equity from last year, with Western states leading the increase.
September 22 -
As distressed inventory dries up and home prices soar, more investors are borrowing to buy flip houses. Here's a look at the 12 states with the largest share of financing for flipping houses.
September 20 -
The Seattle area is wrapping up its most punishing summer ever for home buyers, with huge price bumps surpassing even the surge in home costs from the housing bubble a decade ago.
September 7 -
Rising prices are starting to keep potential purchasers from looking for homes and making an offer although interest remains near record levels, according to the Redfin Housing Demand Index.
September 5 -
As housing demand continues to challenge low levels of supply, home prices are overvalued in 34% of the largest U.S. metropolitan areas, according to CoreLogic.
September 5 -
It might make better financial sense to rent compared to buying a house in Washington's Whatcom County if you plan on living here fewer than seven years, according to a new report.
September 5 -
Kidder Matthews, the top commercial real estate firm on the West Coast, is being sued by a former employee who alleges its brokers engaged in a scheme to defraud property owners and that higher ups knew about it and did nothing.
August 31 -
The Seattle-area home market keeps picking up steam, with prices rising faster than anywhere else in the country for the 10th straight month.
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