March 15, 2025

bank of america

Loans

Washington Federal Bank to Sell Real Estate Loans to BoA

Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion. WaFd said in a Friday (May 17) filing with the Securities and Exchange Commission (SEC) that the deal involves 2,000 commercial multi-family real estate loans with a current aggregate unpaid principal balance

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Mortgage

Rocket Mortgage returns to sponsor $445 million

A pool of fully amortizing, fixed-rate second-lien mortgages with 10- and 20-year terms—predominantly the latter—will provide revenue to repay $445 million in mortgage-backed securities from the RCKT Mortgage Trust 2024-CES4. Given future home price declines and a few other characteristics, the collateral pool has high expected loss severity. ¬Yet Rocket Mortgage’s experience as a mortgage

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Investment

Landstar to Participate in Bank of America 2024 Annual Investment Conference

Landstar System, Inc. JACKSONVILLE, Fla., May 07, 2024 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in the Bank of America 2024 Annual Investment Conference. Landstar’s “fireside chat” discussion begins at 10:20 a.m. ET on Tuesday, May 14. It will be broadcast live via the Internet at www.investor.landstar.com; click on “Webcasts.” The

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Finance

3 Warren Buffett Stocks to Buy Hand Over Fist in May

Are you looking for some new stocks to buy but don’t know where to start? Don’t sweat it. Let a proven stock-picker do the legwork for you. Warren Buffett will do just fine. He’s not called the Oracle of Omaha for nothing, after all. Here’s a rundown of three of the bigger positions held by

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Finance

Bank of America Throws Its Weight Behind These 2 ‘Strong Buy’ Stocks

We’ve received some mixed messages from the market recently. The S&P 500 finished April with a 4% loss, its first monthly loss after five straight months of gains. But the month of May has started with gains in trading, and the earnings season for 1Q24 has turned out better than expected. In addition, the Federal

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