A $28 billion agreement with the National Community Reinvestment Coalition could help win regulatory approval for the acquisition of Michigan-based Flagstar Bancorp. The deal was originally expected to close last year.

The mortgage broker business was never a driving force for the Chicago-based firm's purchase of Stearns Lending, so dropping it wasn't totally unexpected.

But the online real estate company is eliminating nearly half of the positions in its existing mortgage business as a result of the deal.

Lenders took advantage of the exceptional business environment to make deals throughout the last 12 months.

The central bank also signed off on Webster Financial’s acquisition of Sterling Bancorp and WSFS Financial’s purchase of Bryn Mawr Bank Corp. The moves come amid a political fight over the bank merger approval process.

Founded in the wake of the global financial crisis, KBRA has issued more than 51,000 ratings representing almost $3 trillion in rated issuance since 2010.

HHC Finance, based in Bethesda, Maryland, focuses on helping to finance nursing homes, apartment buildings catering to seniors, and other facilities.

The transaction takes depository-focused nCino into the independent mortgage banking side of the lending business.

Advocates negotiating with the Minneapolis bank also want commitments for mortgage assistance and payouts to financial nonprofits. The pressure for Federal Reserve hearings coincides with Biden administration calls for more scrutiny of big bank mergers.

With its agreement to buy KS StateBank’s residential mortgage operation, Kansas-based Armed Forces is going all in on home lending.