Mortgage Forward announced Friday that it has agreed to acquire the third-party origination (TPO) division of First Federal Bank, including QRL Financial, in a deal the companies say will expand Mortgage Forward’s national mortgage lending platform and broaden its product offerings.

The companies confirmed that they have signed a definitive agreement for the acquisition, although the financial terms of the transaction were not disclosed. The deal is expected to close in the third quarter of 2026.

First Federal Bank, based in Florida, said the sale aligns with its strategic focus on efficiency and growth in its retail mortgage business.

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