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 $5.9 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 ...