HomeStreet (NASDAQ:HMST) is a bank holding company headquartered in Seattle, Washington. Through its wholly owned banking subsidiary, HomeStreet Bank, it provides commercial lending, mortgage origination and servicing, deposit products and insurance services to individuals, families and businesses.
The company’s mortgage business focuses on residential and multifamily loan origination, construction financing and commercial real estate lending. HomeStreet Bank also offers small business loans, treasury management, property‐acquisition financing and other customized credit solutions. On the retail side, the bank delivers checking, savings, certificates of deposit and online banking, alongside private banking and trust services through affiliate entities.
HomeStreet Bank maintains a network of branches across Washington, California, Oregon, Hawaii and Arizona, serving urban and suburban markets on the West Coast. The bank’s mortgage operations extend nationally through correspondent relationships and digital channels, supporting homebuyers and real estate investors throughout the United States.
Founded in 1921 as Continental Mortgage & Loan Company in Seattle, the organization adopted the HomeStreet name in 1990 and entered the public markets in 1995. Today, the company is led by President and Chief Executive Officer James A. McLaughlin, under whose tenure the institution has pursued strategic growth in both its balance‐sheet lending and fee‐based mortgage lines of business.
