{"schema_version":"secwatch.filing_event.v1","accession":"0001518715-24-000198","form_type":"8-K","ticker":"MCHB","cik":"0001518715","company_name":"Mechanics Bancorp","filed_at":"2024-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.668011+00:00","generated_at":"2026-05-28T23:03:30.680943+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HomeStreet sells $990M multifamily loan portfolio to Bank of America at 91.46% of par","bullets":["Sale of ~190 commercial multifamily loans with $990M UPB to Bank of America for ~$906M (91.46% of UPB).","Two closings: ~$652M on Dec 27, 2024, and ~$338M on Dec 30, 2024.","HomeStreet retains servicing of the sold loans.","Proceeds expected to be used to pay down more expensive debt, per forward-looking statements.","Purchase price represents a discount to par; potential loss recognition."],"urls":{"canonical":"https://secwatch.observer/filing/0001518715-24-000198","json":"https://secwatch.observer/filing/0001518715-24-000198.json","markdown":"https://secwatch.observer/filing/0001518715-24-000198.md","text":"https://secwatch.observer/filing/0001518715-24-000198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518715/000151871524000198/0001518715-24-000198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518715/000151871524000198/hmst-20241226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:03:30.680943+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}