NYCB to sell $5B in mortgage warehouse loans to JPMorgan
Housing Wire
MAY 15, 2024
The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. market share, according to Inside Mortgage Finance (IMF) estimates. On Tuesday, NYCB said it entered into a commitment letter with JPMorgan. The sale is expected to close in the third quarter of 2024. billion; 5.7%).
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