---
schema_version: "secwatch.filing_event.v1"
accession: "0001518715-25-000097"
form_type: "8-K"
ticker: "MCHB"
cik: "0001518715"
company_name: "Mechanics Bancorp"
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:41:52.234139+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001518715-25-000097
- form_type: 8-K
- ticker: MCHB
- cik: 0001518715
- company_name: Mechanics Bancorp
- filed_at: 2025-07-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518715/000151871525000097/0001518715-25-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518715/000151871525000097/hmst-20250716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001518715-25-000097
- JSON: https://secwatch.observer/filing/0001518715-25-000097.json
- Plain text: https://secwatch.observer/filing/0001518715-25-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.