Haven Bancorp, a small New York thrift, is close to announcing the purchase of Intercounty Mortgage, the retail lending subsidiary of Resource Bancshares Mortgage Group, sources familiar with the deal said.

A deal would end Resource's ill-fated venture into retail originations. Haven would gain the size to compete more effectively in the New York market.

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.