Bank of America to acquire Washington Federal Bank’s $3.2 billion loan portfolio

The Bank of America Corporation (BofA) is set to purchase Washington Federal Bank’s portfolio of commercial multi-family real estate loans, valued at $3.2 billion. The announcement was made by Washington Federal, Inc. (WaFd), the parent company of Washington Federal Bank, in a regulatory filing on Friday. BoFA’s deal with Washington Federal Bank According to the […]