HomeStreet to sell $794M Ginnie Mae mortgage servicing portfolio; close expected Aug 1

Mechanics Bancorp

Sold $794M principal balance Ginnie Mae servicing portfolio to experienced servicer; close Aug 1, 2025.
No gain or loss expected as portfolio carried at current market value on June 30, 2025.
Purchase Agreement contains customary representations, warranties, and closing conditions.

item 8.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.