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

Basis Investment Group and Zions Bancorporation Enter into Strategic Partnership to Expand Each Company's Real Estate Financing and Capital Formation Efforts SALT LAKE CITY, March 23, 2026 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) today announced that it has entered into a definitive agreement to acquire the agency lending business of Basis Multifamily Finance I, LLC, a subsidiary of Basis Investment Group ("Basis"), which includes its experienced team, access to agency lending programs, and all associated mortgage servicing rights.