Fifth Third Bancorp FITB has entered into a definitive agreement to acquire Mechanics Bancorp's subsidiary, Mechanics Bank’s ...

Fifth Third Bancorp (FITB) announced a strategic acquisition. The Bank has entered into a definitive agreement to acquire Mechanics Bank’s ...

Fifth Third Bancorp (NASDAQ: FITB) today announced a strategic acquisition that will enhance its ability to finance ...

Mechanics Bancorp ("Mechanics") (NASDAQ: MCHB) announced today that its subsidiary Mechanics Bank has entered into a definitive agreement to sell its Fannie Mae Delegated Underwriting and Servicing ...

Fifth Third said the business line is a cornerstone of Fannie Mae's multifamily lending platform, designed to provide liquidity and stability to the housing market. The acquisition includes the ...

Fifth Third Bancorp (FITB) announced that it has entered into a definitive agreement to acquire Mechanics Bank's Delegated Underwriting and Servicing (DUS) business line ...

Providing clarity for the mortgage-backed securities market, the Federal Housing Finance Agency (FHFA) has finalized the "deemed-issuance ratio" for 2026 Uniform Mortgage-Backed Securities (UMBS).

The pool awarded in this most recent transaction includes 3,044 loans with an aggregate UPB of $559,090,747; average loan size of $183,670; weighted average note rate of 3.71%; and weighted average ...

Fifth Third (Nasdaq: FITB) today announced that Thomas H. (Hal) Harvey will retire from its Board of Directors, and Priscilla Almodovar will join the Board, effective January 7, 2026.