First Federal Bank TPO division Acquired by Mortgage Forward | Financial Services M&A Deal

Mortgage Forward has acquired First Federal Bank TPO division, a mortgage business in Florida. Mortgage Forward acquisitions expand national third-party origination (TPO) capabilities by bringing in QRL Financial and related mortgage lending operations. The First Federal Bank TPO division acquisition supports wholesale mortgage production for clients and institutions while aligning with First Federal Bank’s retail mortgage efficiency and growth goals in FL. The add-on acquisition is part of financial services M&A led by a strategic buyer, with terms undisclosed and expected to close in Q3 2026.