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HomeStreet Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    HomeStreet Bank agrees to pay penalty to settle RESPA accusations

    Settlement

    HomeStreet Bank agreed to pay a $135,000 penalty to settle accusations that it paid kickbacks for mortgage referrals. The bank did not admit or deny violating RESPA.

    Source excerpt

    • HomeStreet agreed to pay the penalty, but did not admit or deny that it had violated RESPA.
    • HomeStreet Bank has agreed to pay a $.135 million penalty to settle accusations that it paid kickbacks to real estate agents and homebuilders in violation of the Real Estate Settlement Procedures Act (RESPA).
    Source