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EverBank and WaFd Strike $3.9 Billion Merger as Both Banks Shift Away From Residential Lending

EverBank and WaFd Strike $3.9 Billion Merger as Both Banks Shift Away From Residential Lending

by John G. Stevens | Sep 8, 2026 | Mortgage Information, Real Estate News

EverBank and WaFd are combining in a $3.9 billion transaction that will create a roughly $75 billion banking company — but for the housing industry, the more revealing part of the deal may be what both banks have been moving away from. The companies announced Monday...
Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

by Phil Hall | May 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Bank of America (NYSE:BAC) is purchasing a portfolio of 2,000 commercial multifamily real estate loans from Washington Federal Bank, the wholly owned subsidiary of WaFd (NASDAQ:WAF), for $2.9 billion. In a filing with the U.S. Securities and Exchange Commission, WaFd...

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