Northpointe Bancshares Signs Definitive Agreement to Sell Mortgage Origination Channels to CMG

• Northpointe Bancshares signed an agreement on October 26, 2026, to sell its distributed retail and consumer direct mortgage origination channels to CMG.
• The agreement follows a nonbinding letter of intent disclosed in the October 20, 2026, earnings release.
• CMG will pay 15 basis points (0.15%) on first-lien mortgage originations closed through the channels until December 31, 2028.
• CMG will also assume leases associated with the channels where possible.
• The transaction is expected to close by November 30, 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northpointe Bancshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610280815BIZWIRE_USPR_____20261028_BW799171) on October 28, 2026, and is solely responsible for the information contained therein.