SecProbe.io

August 1, 2011

Via E-mail
Mark K. Mason
Chief Executive Officer  HomeStreet, Inc.
601 Union Street, Suite 2000
Seattle, Washington 98101
Re: HomeStreet, Inc.
Amendment No. 4 to Registrati on Statement on Form S-1
Filed July 26, 2011
  File No. 333-173980

Dear Mr. Mason:

We have reviewed your amended filing and re lated response letter and have the following
comments.  In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.
 Please respond to this letter by amending your registration statement and providing the
requested information.  If you do not believe  our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
 After reviewing any amendment to your re gistration statement and the information you
provide in response to these comments, we may have additional comments.
 Amendment No. 4 to Registration Statement on Form S-1

 Underwriting

 Directed Share Program, page 224

 1. We note that the underwriters ha ve reserved approximately te n percent of the shares for
sale directly to certain of your officers, di rectors, employees and shareholders, or their
affiliates.  Please consider adding a risk factor to disclose the risk to your shareholders of
the subsequent increase in shares in the mark et at the expiration of the lock-up period.

Mark K. Mason HomeStreet, Inc. August 1, 2011 Page 2

 Exhibits

 2.  Please file any outstanding exhi bits with your next amendment.   They are subject to the
staff’s review and we will need  time to conduct that review.
  You may contact David Irving at (202) 551-3321 or Marc Thomas at (202) 551-3452 if
you have questions regarding comments on the fina ncial statements and related matters.  Please
contact David Lin at (202) 551-3552 or me at (202) 551-3491 with any other questions.

Sincerely,
   /s/ Todd K. Schiffman
        Todd K. Schiffman
Assistant Director
cc: Mr. Marcus J. Williams
Davis Wright Tremaine LLP