- Zions has agreed to acquire the agency lending business of Basis Multifamily Finance I from Basis Investment Group, including the team, access to agency lending programs, and related mortgage servicing rights.
- The deal includes a strategic partnership between Zions and Basis focused on expanding real estate financing and capital formation activities.
- The acquired platform provides participation in programs including Fannie Mae DUS and Freddie Mac Optigo Conventional and Small Balance Loan offerings.
- Closing is subject to customary conditions and third-party approvals, including approvals from Fannie Mae and Freddie Mac.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zions Bancorporation NA published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603231610PR_NEWS_USPR_____LA16971) on March 23, 2026, and is solely responsible for the information contained therein.
Comments