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. The First Federal Bank third-party origination operation supports mortgage lending through TPO channels and includes QRL Financial, strengthening wholesale mortgage capabilities for FL borrowers and partners. Mortgage Forward acquisitions aim to expand its national mortgage lending platform and broaden product offerings by adding a strategic acquisition in financial services deals FL. This add-on acquisition is part of a strategic acquisition by a strategic buyer, with terms undisclosed and an expected close in Q3 2026.