HomeStreet Has Received At Least One Letter of Intent for the FNMA DUS License and MSRs
Believes a Sale Could Generate more than $100 million in Proceeds
The Gain Would Allow HomeStreet to Transform its Balance Sheet and Remove Viability Concerns
Believes Maximizing the Value of the FNMA DUS License Will Result in a Significant Revaluation of the Stock
Encourages Shareholders and Interested Buyers to Contact Independent Directors of Board
DALLAS, Sept. 20, 2023 /PRNewswire/ -- Blue Lion Capital, a Dallas-based investment firm ("Blue Lion") that beneficially owns approximately 2.0% of the stock of HomeStreet, Inc. (NASDAQ:HMST) ("HomeStreet" or the "Company"), has issued a letter to shareholders to update them on a recent conversation with HomeStreet Bank and potential strategic alternatives ...