Bed Bath & Beyond is moving into mortgage and home equity finance through a deal that leans heavily on Figure Technologies’ lending and tokenization infrastructure. Processing Content The company announced Monday that it has acquired Tokens.com, a blockchain-based platform that will serve as the foundation for a new investment and personal finance business. […]
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The end came swiftly at Sierra Pacific Mortgage, especially how the news of the company’s sale was delivered to employees. Processing Content Following the agreement to sell the business to Union Home Mortgage, affected employees were addressed by Jim Coffrini, president and CEO in a brief on-line call. That call did not allow for questions,
When M&A news goes wrong for employees Read More »
A new deal between Oceanfirst Bank and Embrace Home Loans has led to the latter expanding its presence in the Mid Atlantic region, a model that could provide a roadmap for other companies, it said. Processing Content Following the New Jersey-based bank’s decision to terminate in-house mortgage lending last year, the two companies agreed to
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American Banker’s 2026 Predictions Report Mergers and acquisitions, nonbank competition and digital assets are all factors shaping how banks will perform in the coming months. American Banker’s 2026 Predictions report was fielded online during October and November of 2025 among 174 banking professionals who work across a variety of executive roles at banks, credit unions,
Bankers wary of nonbank payment rivals in 2026 Read More »
Real estate data provider Attom is acquiring the assets of a former residential investment firm, a move that aims to expand its technology and artificial intelligence holdings and support scalability for both platforms. Processing Content The merger with Resishares complements Attom’s own access to housing data across the country and expands it to accelerate development
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Lower Mortgage announced a new acquisition this week, with a purchase of Acopia Home Loans that is set to expand its presence in the Southeastern U.S. Processing Content The deal adds 14 branches and 36 loan originators to Lower’s network. Founded in 2007, Goodlettsville, Tennessee-based Acopia is currently licensed in 12 states, stretching from Texas
Lower acquires Acopia, expands its Southeast U.S. reach Read More »
Compass has completed its acquisition of Anywhere Real Estate, merging hundreds of thousands of real estate agents, and familiar brokerages, under one roof. Processing Content The deal will also combine retail lender Guaranteed Rate’s separate joint ventures with each company into one, the businesses previously confirmed. The combined industry giant will cover over 200,000 real
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United Wholesale Mortgage is running a pricing promotion in honor of its 40th anniversary. Processing Content Under this latest program, UWM 40, mortgage brokers have a 40-basis-point pricing incentive through the end of February on conventional, Federal Housing Administration, Veterans Affairs and U.S. Department of Agriculture mortgages. It can be applied to purchase loans as
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Key insight: Fifth Third and Comerica’s shareholders both blessed the companies’ proposed merger, but the two banks are still embroiled in a legal battle with an activist investor. What’s at stake: If the deal crosses the finish line, it will be one of the largest bank mergers of the last decade. Forward look: The banks
Fifth Third-Comerica deal easily wins shareholder approval Read More »
First Federal Bank, headquartered in Lake City, Florida, is expanding its retail mortgage operations into Louisiana and Mississippi with the acquisition of NOLA Lending Group. Processing Content The mutual bank signed a definitive agreement to purchase NOLA Lending, a mortgage division of Louisiana-based Fidelity Bank, it announced in a press release Monday. The financial details
First Federal purchases Fidelity’s mortgage division Read More »