NEW YORK COMMUNITY BANCORP, INC. CLOSES ON THE SALE OF THE MORTGAGE WAREHOUSE LOANS TO JPMORGAN CHASE BANK, N.A.
NYCBNew York munity Bancorp(NYCB) Prnewswire·2024-07-23 06:30

TRANSACTION INCREASES CET1 CAPITAL RATIO, BOLSTERS LIQUIDITY AND LOWERS LOAN-TO-DEPOSIT RATIOHICKSVILLE, N.Y., July 22, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") announced today that it has consummated the sale of approximately 5.9billioninmortgagewarehouseloanstoJPMorganChaseBank,N.A.("JPMC"),atpar. TheCompanyexpectstocloseonanadditional5.9 billion in mortgage warehouse loans to JPMorgan Chase Bank, N.A. ("JPMC"), at par.  The Company expects to close on an additional 200 million of mortgage warehouse loans in the near ...