04:12 AM EDT, 05/15/2024 (MT Newswires) -- New York Community Bancorp ( NYCB/PU ) said Tuesday it has entered into a commitment letter to sell about $5 billion in mortgage warehouse loans to JPMorgan Chase Bank.
The sale is expected to close in Q3.
Shares of New York Community Bancorp gained almost 6% in after-market hours on Tuesday.
Price: 4.1200, Change: +0.23, Percent Change: +5.91