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Reported Earlier, New York Community Bancorp Strengthens Financial Position With $5.9B Loan Sale to JPMorgan Chase Bank

Author: Benzinga Newsdesk | July 23, 2024 02:52am

The Company expects to close on an additional $200 million of mortgage warehouse loans in the near future, once necessary customer approvals are received.  Upon closing, the Company expects that the transaction will add approximately 70 basis points to its CET1 ratio.  

Posted In: NYCB

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