Acquiring Company
Mortgage Forward
Acquired Company
First Federal Bank
ChicagoLake CityFinancial ServicesFinanceLendingFinancial ServicesFinanceLendingBankingDescription
Mortgage Forward has signed an agreement to acquire First Federal Bank's Third-Party Origination (TPO) division, including QRL Financial. This acquisition aims to enhance Mortgage Forward's national mortgage lending platform and bolster support for clients. The transaction is expected to close in the third quarter of 2026.
Quick answer
Mortgage Forward is acquiring First Federal Bank, announced June 5, 2026. Mortgage Forward is based in Chicago, Illinois, United States.
- How much did Mortgage Forward pay for First Federal Bank?
- The deal value was not disclosed.
- What does Mortgage Forward do?
- Mortgage Forward, LLC is a credit union service organization specializing in nationwide mortgage solutions.
- Where are Mortgage Forward and First Federal Bank based?
- Mortgage Forward is based in Chicago, Illinois, United States. First Federal Bank is based in Lake City, Florida, United States.
- Who are the decision-makers at Mortgage Forward?
- Fundz holds 1 contact at Mortgage Forward. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Mortgage Forward, and when
When Mortgage Forward changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Mortgage Forward raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mortgage Forward, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Mortgage Forward. With Fundz connected, it knows.
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Fundz sees it the moment Mortgage Forward makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired First Federal Bank?
First Federal Bank was acquired by Mortgage Forward, based in Chicago. The deal was reported on June 5, 2026. Mortgage Forward, LLC is a credit union service organization specializing in nationwide mortgage solutions. Mortgage Forward is privately held and operates in Financial Services.
When did Mortgage Forward acquire First Federal Bank?
Mortgage Forward's acquisition of First Federal Bank was reported on June 5, 2026. Mortgage Forward has signed an agreement to acquire First Federal Bank's Third-Party Origination (TPO) division, including QRL Financial. This acquisition aims to enhance Mortgage Forward's national mortgage lending platform and bolster support for clients. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First Federal Bank do?
First Federal Bank is a community-based bank offering consumer and commercial banking solutions, services, and loans through banking offices in Florida's Panhandle, North Central and East Florida, and coastal South Carolina. It is privately held, operating in Financial Services, and is based in Lake City.
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