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HomeStreet Cost Cuts Should Result In Higher 2019 Earnings, Analyst Says In Upgrade
Monday, June 11, 2018 - 2:00pm | 287A tough mortgage banking environment will likely lead to cost savings initiatives from HomeStreet Inc (NASDAQ: HMST), which should result in an improved 2019 earnings outlook, according to B. Riley FBR. The Analyst Steve Moss of B. Riley FBR upgraded HomeStreet shares from Neutral to Buy and...
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KBW Expects Mortgage Industry To Be Weaker Next Year
Tuesday, December 14, 2010 - 11:14am | 68KBW said that it expects the mortgage industry to have a weaker year in 2011 relative to 2010. “In 2010, the industry benefited from improving mortgage credit, strong mortgage-backed securities prices, a relatively steep yield curve, and strong refinance origination volumes,” KBW writes. “While the...