JPMorgan Chase Bank has agreed to buy about $5B in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations
Troubled New York Community Bancorp is reportedly ready to pledge about $5B in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp