A Tennessee banking company, its eye on becoming the No. 1 lender in Seattle, has bought Seattle's Keystone Mortgage.

The purchase made Dallas-based FT Mortgage, a unit of First Tennessee National Corp. in Memphis, the fourth-largest originator in the Puget Sound area, trailing industry giants Washington Mutual, Bank of America, and Norwest Mortgage.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.