Zions Bancorporation to Acquire Fannie/Freddie Business Line

Zions Bancorporation has agreed to acquire a business line tied to Fannie Mae and Freddie Mac from Basis Investment Group. The deal is structured as a divestiture of that business line to Zions.

The available details do not include the transaction value, closing date, or whether the transfer covers specific servicing, origination, or other operational components. The announcement is dated March 23, 2026.