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Zions Bancorporation to Acquire Basis Investment's Agency Lending Business

BY MT Newswires | AGENCY | 03/23/26 04:48 PM EDT

04:48 PM EDT, 03/23/2026 (MT Newswires) -- Zions Bancorporation (ZION) agreed to buy the agency lending business of Basis Multifamily Finance I, a subsidiary of Basis Investment Group.

The deal includes the unit's team, access to Fannie Mae and Freddie Mac lending programs, and all associated mortgage-servicing rights, Zions said Monday in a statement.

Financial terms weren't disclosed.

Zions and Basis also agreed to form a strategic partnership to expand each company's real estate financing and capital-formation efforts.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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