RCF II Loan Acquisition, LP /
Journey Bank
RCF II Loan Acquisition, LP to buy Journey Bank mortgage loans
Source for the buyer and target: MUNCY COLUMBIA FINANCIAL CORPORATION
For the buyer and target.
“On January 28, 2026, Journey Bank (the “Bank”), the wholly-owned subsidiary of Muncy Columbia Financial (the “Company”), entered into an Asset Purchase and Interim Servicing Agreement (the “Agreement”) with RCF II Loan Acquisition, LP (the “Purchaser”) and Raymond James Mortgage Company, Inc. (the “Facilitator”), pursuant to which the Bank agreed to sell a portfolio of 82 individual delinquent, nonperforming or reperforming 1-4 family residential mortgage loans.”
Published 29 Jan 2026
Open the sourceWhat happened
RCF II Loan Acquisition, LP agreed to buy a portfolio of 82 delinquent, nonperforming or reperforming 1-4 family residential mortgage loans from Journey Bank. [01]
The purchase price was approximately $9.1 million, paid in cash. [01]
The source
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RCF II Loan Acquisition, LP to buy Journey Bank mortgage loans
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