admin 
DIXON – The U.S. Department of Agriculture has announced the final round of about $300 million in aid for more than 12,800 distressed Farm Loan Program borrowers under the Inflation Reduction Act. Over the past two years, the USDA has helped more than 47,800 distressed borrowers keep their land and continue their agricultural operations by … Read more
The San Diego MLS club logo. (Photo courtesy of San Diego FC) Not many teams can say they lost and gained the same thing in one day, but San Diego FC can. On Friday the team announced that they signed free agent goalkeeper Pablo Sisniega to a one-year contract. The team didn’t strictly lose goalkeeper … Read more
HILLSBOROUGH COUNTY — With the signing of the American Relief Act 2025 into law, the U.S. Small Business Administration can continue processing disaster loans to provide financial assistance to those affected by natural disasters nationwide. What You Need To Know According to McKinsey & Company, Hurricane Milton impacted 34 counties in Florida, which were home to … Read more
After the gift exchange comes another great holiday tradition: returns season. Once again, we are joining the fun in our own Planet Money way. We are returning to stories from years past to see what’s changed since we last reported them. It’s an episode we call The Rest of the Story. We have updates on … Read more
The Seattle-based parent company of HomeStreet Bank agreed to sell $990 million in multifamily commercial real estate loans to Bank of America. The price, including the value of the retained servicing, is 92% of the principal balance of the loans, and the loan sale is expected to close before Tuesday (Dec. 31), HomeStreet said in … Read more
Seattle-based HomeStreet is pivoting to a strategic loan sale after termination of a planned acquisition by FirstSun Capital Bancorp in Denver. Five weeks after canceling its planned acquisition by FirstSun Capital Bancorp, Seattle-based HomeStreet has agreed to sell $990 million of multifamily commercial real estate loans to Bank of America. The deal, announced Friday, is … Read more
Homeowners, businesses and renters in seven Washington counties affected by the bomb cyclone in November may be eligible for low-interest government loans. The United States Small Business Association (SBA) made a disaster declaration for King County after the destructive storm from Nov. 17 to 25. This makes loans available to businesses of all sizes, private … Read more
HomeStreet – the parent company of HomeStreet Bank – today announced today that the Bank entered into an agreement to sell to Bank of America, on a servicing retained basis, $990 million of multifamily commercial real estate loans at a price, including the value of the retained servicing, of 92% of the principal balance of … Read more
Financial services company HomeStreet is set to sell roughly $990 million worth of multifamily commercial real estate loans to Bank of America (BAC), the Seattle-based firm announced Friday. The price tag on the loan sale is reflective of the “current interest rate environment” as the loans being sold are “primarily lower-yielding loans with longer duration … Read more
There are a few types of borrowers who could benefit from refinancing their mortgages right now. Getty Images While rates have been cooling, today’s high-rate environment has made it challenging for homeowners to refinance their mortgage loans. With average mortgage interest rates ranging from 6.08% to 7.79% in 2023 and 2024, many held onto their … Read more