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First Federal Completes Purchase of BNC Mortgage Unit

First Federal Bank has closed its acquisition of BNC National Bank’s mortgage unit, including both the assets and the employees. So reports MortgageOrb.

first federal bankFirst Federal is a nationwide loan originator that has mortgage processing centers in Georgia, Wisconsin and Florida, and the new residential loan members will continue to work from locations in Kansas, Illinois, North Dakota and Arizona.

The deal was announced earlier this year.

Read the full article from MortgageOrb.

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