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Stock impact report

Blue Lion Capital Comments on the Decision by HomeStreet's Board to Reject Dwight Capital's Offer to Acquire its Fannie Mae DUS Business and Related Servicing

HomeStreet, Inc. (HMST) 
Last homestreet, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.homestreet.com
Company Research Source: PR Newswire
DALLAS, June 13, 2019 /PRNewswire/ -- Blue Lion Capital, a Dallas-based investment firm ("Blue Lion") that beneficially owns approximately 6.5% of the stock of HomeStreet, Inc. (Nasdaq: HMST) ("HomeStreet" or the "Company"), issued a statement today expressing its ongoing concern with the Company's failure to fully engage with Dwight Capital about its offer to acquire HomeStreet's Fannie Mae DUS license and related mortgage servicing rights (the "FNMA DUS business").  Blue Lion believes the facts and timeline of the entire process involving HomeStreet and Dwight Capital are very troubling and are further evidence that change is needed on the HomeStreet Board of Directors.On April 29, 2019, Dwight Capital issued a public letter expressing an interest in paying a premium to fair market value for HomeStreet's FNMA DUS business, a very small business inside of HomeStreet.On April 30, 2019, HomeStreet issued a press release stating that Mark Mason, HomeStreet's CEO, was not aware of Dwight Show less Read more
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