09:09 AM EST, 12/27/2024 (MT Newswires) -- Financial stocks fell in premarket trading Friday with the Financial Select Sector SPDR Fund (XLF) 0.4% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1% higher.

Walker & Dunlop ( WD ) said it arranged a $245 million loan for the construction of a 28-story class A mixed-use tower in Jersey City, New Jersey. Walker & Dunlop ( WD ) shares were over 1% lower pre-bell.

Burford Capital ( BUR ) shares were up more than 1% after the company said it has issued 528 new ordinary shares, no par value, in connection with a long-term incentive plan.

HomeStreet ( HMST ) said its HomeStreet Bank subsidiary has agreed to sell $990 million worth of multifamily commercial real estate loans to Bank of America ( BAC ) at a price, including the value of retained servicing, of 92% of the principal balance. HomeStreet ( HMST ) shares were 0.3% lower premarket.