HomeStreet Inc. (HMST) announced that it has received notification from its regulator, the Federal Reserve Bank of San Francisco, that the company is in full compliance with its Cease and Desist Order, dated May 2009, and the order has been terminated effective March 26, 2013.
"This is a tremendous acknowledgement of the accomplishments of our Company over the last four years…. HomeStreet's board of directors and management have worked closely with our regulator to meet the requirements of the order, and we are deeply gratified by this recognition of the successful recapitalization and strong financial condition of our institution," said Vice Chairman and CEO Mark Mason.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.