Zions Bancorporation to Acquire Fannie Mae and Freddie Mac Business Line from Basis Investment Group

By acquiring Basis' agency lending business, Zions will be able to offer its clients an expanded product suite through its participation in a variety of important lending programs, including the Fannie Mae DUS® program, and the Freddie Mac Optigo® Conventional and Small Balance Loan programs. The acquisition is subject to customary closing conditions and certain third-party approvals, including approval by Fannie Mae and Freddie Mac. Advisors Zions Capital Markets is serving as financial advisor to Zions, w ...