First Federal Bank Announces Agreement to Sell Third Party Origination Division to Mortgage Forward, a CUSO in the Great Lakes Credit Union Family of Companies

▤ Summary

Mortgage Forward has signed a definitive agreement to acquire First Federal Bank’s third-party origination division, including QRL Financial. The deal is designed to expand Mortgage Forward’s national mortgage lending platform and strengthen its support for credit union and financial institution partners. The company says the acquired team will gain additional resources, broader technology, and expanded products to serve new and existing clients. The transaction is expected to close in the third quarter of 2026.

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