Key Takeaways Fifth Third agrees to acquire Mechanics Bank's DUS business and $1.8B multifamily servicing portfolio.The deal would give FITB direct access to Fannie Mae's multifamily lending platform.FITB expects the acquisition to expand its multifamily capabilities in commercial real estate.Fifth Third Bancorp (FITB) has entered into a definitive agreement to acquire Mechanics Bancorp's subsidiary, Mechanics Bank’s Fannie Mae Delegated Underwriting and Servicing (“DUS") business line. The deal brings over ...